143 Massey LnLocust 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 143 Massey Ln, Locust Grove, GA, 30248 priced at $266,800 converts $2,484/mo rent into $860/mo cash flow after a $1,306/mo obligation. Total monthly income equals $2,484/mo, and annual cash flow totals $10,321/yr on $88,444 invested. Return on cash invested prints 31.58% in year one, and rental yield reads 11.17% against a $266,800 entry. Equity gained on principal adds $1,722/yr, while 5% annual appreciation compiles into $73,712 by year five. Five-year ROI reaches 165.33% and total cumulative return in cash sums $146,224. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,484/mo property income covering a $1,306/mo payment, not borrower’s personal income.
Single Family
Built in 2022
0.81 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: Edith Angelo • Angelo Properties, Inc
Mls Name: MGMLS
Mls ID: #181075