110 BoulevardLagrangeGA30240
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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 110 Boulevard, Lagrange, GA, 30240 priced at $178,000 pairs $1,403/mo rent with $320/mo cash flow after a $871/mo payment. Total monthly income equals $1,403/mo, and annual cash flow comes to $3,839/yr on $59,007 invested. Return on cash invested is 26.41% in year one, and rental yield stands at 9.46% on a $178,000 basis. Equity gained on principal adds $1,149/yr, and 5% annual appreciation accumulates to $49,178 by year five. Five-year ROI measures 137.6% and total cumulative return in cash reaches $81,193. For financing, Ziffy Mortgage’s DSCR program evaluates $1,403/mo property income against a $871/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1911
0.31 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: Diana Pigg • Holliday Realtors
Mls Name: CBORGA
Mls Provider:
Mls ID: #218664
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.