Home Details for 81 Royce Drive

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.

• Utilities

  • Electricity Available
  • Sewer Available
  • Sewer Connected
  • Underground Utilities
  • Water Available

• House Interior

  • Breakfast Bar
  • Master Downstairs

• Parking

  • Off Street
  • Parking Pad

• Cooling Information

  • Central Air

• Heating Information

  • Central

• Water Features

  • Public

• Basement

  • None