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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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Listed by: Shayla Sirmans • D.R.. Horton Realty of Georgia, Inc
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7450141
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Rental property for sale in Locust Grove at 137 Aster Ave, Locust Grove, GA, 30248 offers $2,804/mo rent that, after a $1,700/mo payment, leaves $648/mo cash flow. Total monthly income is $2,804/mo, and annual cash flow is $7,780/yr on $115,158 cash. Return on cash invested measures 26.67% in year one, and rental yield stands at 9.69% at a $347,385 entry. Equity gained on principal adds $2,242/yr while 5% annual appreciation compounds into $95,976 by year five. Five-year ROI records 139.12% and total cumulative return in cash reaches $160,209. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,804/mo property income versus a $1,700/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.29 Acres lot
$N/A/sqft
$500 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 |
|---|---|---|
| 2024-10-22 | Price change | $349,385 |
| 2024-09-04 | Listed for sale | $347,385 |
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
