Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Locust Grove at 124 Saginaw Ct, Locust Grove, GA, 30248 priced at $247,000 converts $2,098/mo rent into $582/mo cash flow after a $1,209/mo obligation. Total monthly income equals $2,098/mo, and annual cash flow totals $6,985/yr on $81,881 invested. Return on cash invested prints 28.44% in year one, and rental yield reads 10.19% against a $247,000 entry. Equity gained on principal adds $1,594/yr, while 5% annual appreciation compiles into $68,242 by year five. Five-year ROI reaches 148.57% and total cumulative return in cash sums $121,648. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,098/mo property income covering a $1,209/mo payment, not borrower’s personal income.
Townhouse
Built in 2023
435.60 sqft lot
$N/A/sqft
$151 annually HOA
Neighborhood data shown for ZIP Code: 30248, Locust Grove, GA area.
| 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 |
Residential
11,804
Single Family
11,804
Multi-Family
0
Businesses
822
Date | Event | Price |
|---|---|---|
| 2023-10-15 | Listing removed | N/A |
| 2023-10-11 | Price change | $249,900 |
| 2023-10-03 | Listed for sale | $254,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kimberly Walls • Extol Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10536025
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 GAMLS. All rights reserved.
