128 Locust RdLocust GroveGA30248
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Nearby investment properties with comparable prices
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
Rental property for sale in Locust Grove at 128 Locust Rd, Locust Grove, GA, 30248 priced at $224,900 pairs $2,040/mo rent with $671/mo cash flow after a $1,101/mo payment. Total monthly income equals $2,040/mo, and annual cash flow comes to $8,052/yr on $74,554 invested. Return on cash invested is 30.71% in year one, and rental yield stands at 10.88% on a $224,900 basis. Equity gained on principal adds $1,451/yr, and 5% annual appreciation accumulates to $62,136 by year five. Five-year ROI measures 160.6% and total cumulative return in cash reaches $119,737. For financing, Ziffy Mortgage’s DSCR program evaluates $2,040/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
1.16 Acres 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: Logan Cook • Keller Williams Realty Atl. Partners
Mls Name: GAMLS
Mls ID: #10650156