1209 Vernon St, Lagrange, GA, 30240 | $84/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1209 Vernon St, Lagrange, GA, 30240 | $84/mo Cash Flow | Ziffy

Pending

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 1209 Vernon St, Lagrange, GA, 30240 uses $109,362 cash to close to unlock $1,006/yr annual cash flow and $84/mo monthly cash flow. Total monthly income runs $2,092/mo, and a $1,615/mo payment keeps the spread at $84/mo. Purchase price stands at $329,900, and rental yield measures 7.61% with $2,092/mo rent. Return on cash invested shows 20.83% in year one, and 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 107.63% and total cumulative return in cash records $117,711. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,092/mo property income covering a $1,615/mo payment rather than investor’s personal income.

Single Family

Built in 1920

0.29 Acres lot

$N/A/sqft

No HOA

More details about the property

This classic Craftsman bungalow offers timeless character with 4 bedrooms and 3 full baths. Inside, you'll find beautiful hardwood floors, high ceilings, and spacious rooms throughout. The home also includes a versatile room that can serve as a study, library, or sitting area. A full basement with both interior and exterior access provides excellent potential to be finished, allowing for more than 4,000 square feet of living space. A brand-new HVAC unit was installed in 2025, giving buyers peace of mind for years to come! The welcoming front porch, side carport, and mature landscaping add to the charm of this property. Conveniently located just minutes from LaGrange College, Wellstar Hospital, Publix, Starbucks, and a variety of shopping and dining options.

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