106 Creek Pointe DrLagrangeGA30240
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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
Rental property for sale in Lagrange at 106 Creek Pointe Dr, Lagrange, GA, 30240 priced at $489,900 converts $3,418/mo rent into $427/mo cash flow after a $2,398/mo obligation. Total monthly income equals $3,418/mo, and annual cash flow totals $5,122/yr on $162,402 invested. Return on cash invested prints 23.06% in year one, and rental yield reads 8.37% against a $489,900 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation compiles into $135,350 by year five. Five-year ROI reaches 119.64% and total cumulative return in cash sums $194,297. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,418/mo property income covering a $2,398/mo payment, not borrower’s personal income.
Single Family
Built in 2013
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30240, Lagrange, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,883 (100%) |
| Owner Occupied HU | 7,086 (55.0%) |
| Renter Occupied HU | 4,593 (35.7%) |
| Vacant Housing Units | 1,204 ( 9.3%) |
| Median Home Value | $288,373 |
| Average Home Value | $340,239 |
Housing Distribution
Address Breakdown
Residential
12,356
Single Family
11,092
Multi-Family
1,264
Businesses
1,054
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Listed by: Maria Harris • Blessed Realty Group
Mls Name: CBORGA
Mls Provider:
Mls ID: #220252
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.