81 Royce Dr Jonesboro, GA 30238
Estimated payment $1,319/month
Highlights
- Contemporary Architecture
- Great Room
- Stainless Steel Appliances
- Corner Lot
- No HOA
- Breakfast Bar
About This Home
Excellent investment opportunity in Jonesboro! This 3-bedroom, 2 bath single-story brick home offers 1,352 sq ft of living space and is currently tenant-occupied with strong cashflow at $1600 per month (lease in place through July 2026). Built in 1970, the property features central heating and air, wood laminate flooring, ceiling fan in the living room, and a private patio area. The asphalt roof has remaining useful life, and the home is in average, well-maintained condition. Solid rental history and stable tenant make this a turnkey addition to any investor's portfolio. Conveniently located in Jonesboro with easy access to shopping, schools, and major highways. *************INVESTOR OPPORTUNITY********************** _ Priced for Quick Sale at $215,000. This tenant-occupied 3BR/2.5BA brick home generates $1,600 per month ($19,200 annually) with lease secured through July 2026, offering an attractive ~8.9% gross yield at the asking price. The 1,352 SF single-story layout includes central HVAC, wood laminate flooring, patio, and an asphalt roof with remaining life-providing a low-maintenance, stable asset from day one. Strong in-place cash flow with future upside through rent increases and long-term appreciation. Seller is motivated and ready for a smooth, quick closing.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,578
Year Built
- Built in 1970 | Remodeled
Lot Details
- 0.27 Acre Lot
- Corner Lot
- Level Lot
Home Design
- Contemporary Architecture
- Ranch Style House
- Traditional Architecture
- Brick Exterior Construction
- Composition Roof
- Wood Siding
Interior Spaces
- 1,352 Sq Ft Home
- Great Room
- Combination Dining and Living Room
- Laminate Flooring
Kitchen
- Breakfast Bar
- Oven or Range
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Parking
- Parking Pad
- Off-Street Parking
Location
- City Lot
Schools
- Swint Elementary School
- Pointe South Middle School
- Mundys Mill High School
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Electric Water Heater
Community Details
- No Home Owners Association
- Marlborough Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,578 | $67,320 | $6,400 | $60,920 |
| 2024 | $2,441 | $62,560 | $6,400 | $56,160 |
| 2023 | $2,286 | $63,320 | $6,400 | $56,920 |
| 2022 | $1,719 | $43,800 | $6,400 | $37,400 |
| 2021 | $1,397 | $35,360 | $6,400 | $28,960 |
| 2020 | $1,157 | $28,929 | $6,400 | $22,529 |
| 2019 | $1,092 | $26,905 | $4,800 | $22,105 |
| 2018 | $931 | $22,926 | $4,800 | $18,126 |
| 2017 | $751 | $18,451 | $4,800 | $13,651 |
| 2016 | $704 | $17,291 | $5,600 | $11,691 |
| 2015 | $692 | $0 | $0 | $0 |
| 2014 | $585 | $17,291 | $5,600 | $11,691 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/04/2026 03/04/26 | For Sale | $215,000 | -- | $159 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $77,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Deed | $26,700 | -- | |
| Deed | -- | -- | |
| Foreclosure Deed | $121,757 | -- | |
| Deed | $118,500 | -- | |
| Deed | $67,000 | -- | |
| Foreclosure Deed | $61,443 | -- | |
| Deed | $64,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $61,600 | New Conventional | |
| Previous Owner | $118,500 | New Conventional | |
| Previous Owner | $60,300 | New Conventional | |
| Closed | $0 | No Value Available |
Source: Georgia MLS
MLS Number: 10703236
APN: 13-0237C-00E-016
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 Georgia MLS. All rights reserved.
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