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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Lagrange at 124 Shenandoah Ln, Lagrange, GA, 30241 generates $2,760/mo in rent and, after a $1,671/mo payment, leaves $624/mo in cash flow. Total monthly income is $2,760/mo, and annual cash flow is $7,485/yr on $113,204 invested. Return on cash invested sits at 26.52% in year one, and rental yield is 9.7% on a $341,490 entry. Equity gained on principal adds $2,204/yr, while 5% annual appreciation builds toward $94,347 over five years. Five-year ROI reaches 138.39% and total cumulative return in cash sums $156,666. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,760/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
8,276 sqft lot
$N/A/sqft
$700 annually HOA
Neighborhood data shown for ZIP Code: 30241, Lagrange, GA area.
| 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 |
Residential
10,293
Single Family
9,521
Multi-Family
772
Businesses
1,133
Date | Event | Price |
|---|---|---|
| 2025-04-12 | Listed for sale | $341,490 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-14 | $545.46 | N/A | $20,000 | N/A |
Listed by: FAY THOMAS • Liberty Realty Professionals
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7558849
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