1104 Alverson RdLagrangeGA30241
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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 1104 Alverson Rd, Lagrange, GA, 30241 uses $76,212 cash to close to unlock $6,372/yr annual cash flow and $531/mo monthly cash flow. Total monthly income runs $1,930/mo, and a $1,125/mo payment keeps the spread at $531/mo. Purchase price stands at $229,900, and rental yield measures 10.07% with $1,930/mo rent. Return on cash invested shows 28.27% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 147.61% and total cumulative return in cash records $112,499. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,930/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Single Family
Built in 1994
1.04 Acres 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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