109 Waverly Way, Lagrange, GA, 30240 | $640/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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109 Waverly Way, Lagrange, GA, 30240 | $640/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lagrange at 109 Waverly Way, Lagrange, GA, 30240 uses $66,267 cash to close to unlock $7,677/yr annual cash flow and $640/mo monthly cash flow. Total monthly income runs $1,856/mo, and a $978/mo payment keeps the spread at $640/mo. Purchase price stands at $199,900, and rental yield measures 11.14% with $1,856/mo rent. Return on cash invested shows 31.49% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 164.84% and total cumulative return in cash records $109,237. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,856/mo property income covering a $978/mo payment rather than investor’s personal income.

Single Family

Built in 1944

0.39 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover this charming cottage-style home that perfectly captures the essence of cozy living with a touch of whimsy. Nestled in a postcard-perfect setting, this delightful 2-bedroom, 1-bathroom residence offers 1,143 square feet of thoughtfully designed living space that proves good things truly do come in perfectly sized packages. The quality construction shines throughout, showcasing attention to detail that makes this home stand out from the crowd. Each room flows seamlessly into the next, creating an inviting atmosphere that welcomes you home after a long day. The cottage charm is evident in every corner, from the carefully crafted architectural elements to the warm, welcoming interior that practically begs for lazy Sunday mornings and evening gatherings with friends. Location enthusiasts will appreciate being just moments away from the vibrant heart of downtown LaGrange, where local restaurants, shops, and entertainment venues create a bustling community atmosphere. The Thread trail system beckons outdoor enthusiasts with scenic walking and biking opportunities right at your doorstep. For families, the proximity to LaGrange High School adds educational convenience to the neighborhood's many attractions. This premier location combines small-town charm with modern accessibility, offering the best of both worlds. Whether you're a first-time homebuyer seeking character and convenience, or someone looking to downsize without sacrificing quality, this cottage presents an opportunity to embrace a lifestyle where everything you need is within reach, wrapped up in an absolutely adorable package. Call your Favorite Realtor Today to Learn More.

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