113 Al Jennah BlvdLocust GroveGA30248
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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 Locust Grove at 113 Al Jennah Blvd, Locust Grove, GA, 30248 uses $82,842 cash to close to unlock $12,362/yr annual cash flow and $1,030/mo monthly cash flow. Total monthly income runs $2,551/mo, and a $1,223/mo payment keeps the spread at $1,030/mo. Purchase price stands at $249,900, and rental yield measures 12.25% with $2,551/mo rent. Return on cash invested shows 34.83% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 182.77% and total cumulative return in cash records $151,406. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,551/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 2019
9,844 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30248, Locust Grove, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,812 (100%) |
| Owner Occupied HU | 9,530 (80.7%) |
| Renter Occupied HU | 1,862 (15.8%) |
| Vacant Housing Units | 420 ( 3.6%) |
| Median Home Value | $363,565 |
| Average Home Value | $387,256 |
Housing Distribution
Address Breakdown
Residential
11,804
Single Family
11,804
Multi-Family
0
Businesses
822
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Listed by: Cynthia Rich • RE/MAX Tru
Mls Name: FMLS GA
Mls ID: #7640488