Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Locust Grove at 1489 New Hope Rd, Locust Grove, GA, 30248 at $300,000 posts ROI 25.18% with $437/mo cash flow from $2,437/mo rent. Total monthly income equals $2,437/mo, and annual cash flow records $5,244/yr on $99,450 to close. Return on cash invested measures 25.18% and rental yield reads 9.75% at the current $300,000. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 by year five. Five-year ROI prints 131.74% and total cumulative return in cash totals $131,016.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,437/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1994
1.69 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-02-06 | Price change | $300,000 |
| 2025-01-17 | Listed for sale | $315,000 |
| 2018-07-03 | Sold | $159,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $4584.85 | 16.90% | $118,480 | 17.08% |
| 2022-02-16 | $3921.95 | 17.14% | $101,200 | 17.35% |
| 2021-02-16 | $3348.09 | 10.26% | $86,240 | 10.39% |
Listed by: Miguel Betancourt • Century 21 Connect Realty
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7508772
Disclaimer: Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please [click here](https://www.fmls.com/dmca) to review our DMCA policy and learn how to submit a takedown request. 2025 First Multiple Listing Service, Inc. [Click here for more information](/info/mls-disclaimers/#mls_30)
