114 Skyland Dr ELocust 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 114 Skyland Dr E, Locust Grove, GA, 30248 with 5% annual appreciation on a $110,000 basis while $865/mo rent supports operations. Total monthly income totals $865/mo and a $538/mo payment preserves $196/mo for cash returns. Annual cash flow comes to $2,351/yr on $36,465 deployed, and return on cash invested reaches 26.36% in year one. Equity gained on principal adds $710/yr, and five-year appreciation sums $30,391 alongside rental yield of 9.44%. Five-year ROI measures 137.29% and total cumulative return in cash totals $50,064.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $865/mo property income versus a $538/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1985
4,356 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: Sandra Antonini • Maximum One Executive Realtors
Mls Name: FMLS GA
Mls ID: #7673628