About This Home
Located in the NATHAN RYAN HAY neighborhood of Jonesboro, Arkansas, this 696-square-foot single-family home offers one bedroom and one bathroom on a 0.29-acre lot. The property currently has a long-term tenant and rents for $500 per month, providing existing rental income for an investor.
The home needs repairs, creating an opportunity to add value through improvements. Its compact layout includes one bedroom and one bathroom within the 696-square-foot footprint. The property is offered at $55,900 and is positioned as an investors-only opportunity.
With an established tenant, current monthly rent, and a sizable lot relative to the home’s footprint, this Jonesboro property may suit buyers seeking an income-producing home with repair needs and potential for further improvement. The home is located at 1605 Granger Drive in Jonesboro, AR.
Key Features
- 0.29 acre lot
Property Details
Investors only! This 1 bedroom house has a long-term tenant, currently rents for $500 monthly. Home needs repairs but offers an opportunity to add value, this income producing property has a lot of potential!
Monthly Cost Estimate
$267/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1605 Granger Drive
Jonesboro, AR 72401
NATHAN RYAN HAY
Property Details
Flooring
Questions & Answers
This 1-bedroom, 1-bathroom single family at 1605 Granger Drive is listed at $49,900 ($72/sqft). The estimated monthly payment is $267 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.29 acre lot.
This property is listed by Heather Kelley and can be reached at 8706800992.
