1850 Larkton CtGraysonGA30017
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
Rental property for sale in Grayson at 1850 Larkton Ct, Grayson, GA, 30017 generates $4,348/mo in rent and, after a $2,192/mo payment, leaves $1,507/mo in cash flow. Total monthly income is $4,348/mo, and annual cash flow is $18,081/yr on $148,479 invested. Return on cash invested sits at 32.09% in year one, and rental yield is 11.65% on a $447,900 entry. Equity gained on principal adds $2,890/yr, while 5% annual appreciation builds toward $123,747 over five years. Five-year ROI reaches 168.34% and total cumulative return in cash sums $249,954. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,348/mo property income rather than buyer’s personal income.
Townhouse
Built in 2018
4,356 sqft lot
$N/A/sqft
$253 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30017, Grayson, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,531 (100%) |
| Owner Occupied HU | 7,706 (80.9%) |
| Renter Occupied HU | 1,571 (16.5%) |
| Vacant Housing Units | 254 ( 2.7%) |
| Median Home Value | $433,415 |
| Average Home Value | $471,908 |
Housing Distribution
Address Breakdown
Residential
8,883
Single Family
8,166
Multi-Family
717
Businesses
697
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Sykes • Keller Williams Realty Atl. Partners
Mls Name: GAMLS
Mls Provider:
Mls ID: #10264271
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.