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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Lagrange at 101 Wellington Dr, Lagrange, GA, 30241 offers $2,760/mo rent that, after a $1,713/mo payment, leaves $589/mo cash flow. Total monthly income is $2,760/mo, and annual cash flow is $7,067/yr on $115,992 cash. Return on cash invested measures 26% in year one, and rental yield stands at 9.47% at a $349,900 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,671 by year five. Five-year ROI records 135.53% and total cumulative return in cash reaches $157,206. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,760/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30241, Lagrange, GA area.
| 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 |
Residential
10,293
Single Family
9,521
Multi-Family
772
Businesses
1,133
Date | Event | Price |
|---|---|---|
| 2025-05-24 | Listed for sale | $349,900 |
| 2022-07-08 | Sold | $304,900 |
| 2022-06-03 | Pending sale | $304,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-26 | $3398.22 | 2.16% | $124,600 | -0.80% |
| 2023-05-26 | $3326.22 | 19.99% | $125,600 | 26.46% |
| 2022-05-26 | $2772.03 | 11.16% | $99,320 | 20.13% |
Listed by: Christopher Gordon • Bickerstaff Parham, LLC
Mls Name: CBORGA
Mls Provider:
Mls ID: #221268
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
