132 Southridge DrLocust GroveGA30248
Nearby investment properties with comparable rents
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
Investment property for sale in Locust Grove at 132 Southridge Dr, Locust Grove, GA, 30248 at $252,900 posts ROI 36.61% with $1,167/mo cash flow from $2,710/mo rent. Total monthly income equals $2,710/mo, and annual cash flow records $13,999/yr on $83,836 to close. Return on cash invested measures 36.61% and rental yield reads 12.86% at the current $252,900. Equity gained on principal adds $1,632/yr, and 5% annual appreciation supports $69,872 by year five. Five-year ROI prints 192.3% and total cumulative return in cash totals $161,216.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,710/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
1 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: Thom C. Greenwood • Keystone Brokers, Inc.
Mls Name: GAMLS
Mls Provider:
Mls ID: #10366592
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 2024 GAMLS. All rights reserved.