165 Leguin Mill RdLocust 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 165 Leguin Mill Rd, Locust Grove, GA, 30248 uses $160,744 cash to close to unlock $19,382/yr annual cash flow and $1,615/mo monthly cash flow. Total monthly income runs $4,566/mo, and a $2,373/mo payment keeps the spread at $1,615/mo. Purchase price stands at $484,900, and rental yield measures 11.3% with $4,566/mo rent. Return on cash invested shows 31.97% in year one, and 5% annual appreciation builds toward $133,969 over five years. Five-year ROI reaches 167.38% and total cumulative return in cash records $269,059. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,566/mo property income covering a $2,373/mo payment rather than investor’s personal income.
Single Family
Built in 1991
3.37 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Brannan • SouthSide, REALTORS
Mls Name: GAMLS
Mls ID: #10613327