1009 Colquitt StLagrangeGA30241
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Lagrange at 1009 Colquitt St, Lagrange, GA, 30241 offers a 14.89% rental yield on a $139,700 purchase with $1,734/mo rent. Total monthly income registers $1,734/mo, and a $684/mo payment leaves $870/mo available for distribution. Annual cash flow reaches $10,440/yr on $46,311 to close, and return on cash invested stands at 42.45% in year one. Equity gained on principal adds $901/yr while 5% annual appreciation supports $38,597 over five years. Portfolio math shows five-year ROI at 223.88% and total cumulative return in cash at $103,680. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,734/mo property income against a $684/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30241, Lagrange, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,251 (100%) |
| Owner Occupied HU | 5,316 (47.2%) |
| Renter Occupied HU | 5,028 (44.7%) |
| Vacant Housing Units | 907 ( 8.1%) |
| Median Home Value | $238,277 |
| Average Home Value | $253,523 |
Housing Distribution
Address Breakdown
Residential
10,293
Single Family
9,521
Multi-Family
772
Businesses
1,133
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Listed by: Annie Paschal • Cornerstone Real Estate Partners, LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7463192
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