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% |
Rental property for sale in Lagrange at 1979 Smokey Rd, Lagrange, GA, 30241 generates $2,244/mo in rent and, after a $734/mo payment, leaves $1,331/mo in cash flow. Total monthly income is $2,244/mo, and annual cash flow is $15,976/yr on $49,692 invested. Return on cash invested sits at 52.06% in year one, and rental yield is 17.96% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 275.2% and total cumulative return in cash sums $136,751. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,244/mo property income rather than buyer’s personal income.
Manufactured
Built in 1995
10.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30241, Lagrange, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,251 (100%) |
| Owner Occupied HU | 5,316 (47.2%) |
| Renter Occupied HU | 5,028 (44.7%) |
| Vacant Housing Units | 907 ( 8.1%) |
| Median Home Value | $238,277 |
| Average Home Value | $253,523 |
Residential
10,293
Single Family
9,521
Multi-Family
772
Businesses
1,133
Date | Event | Price |
|---|---|---|
| 2024-09-24 | Listed for sale | $149,900 |
| 2024-09-14 | Pending sale | $149,900 |
| 2024-08-28 | Listed for sale | $149,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-18 | $1088.63 | 14.87% | $39,916 | 17.55% |
| 2022-10-18 | $947.72 | 4.80% | $33,956 | 13.25% |
| 2021-10-18 | $904.33 | 0.00% | $29,984 | N/A |
Listed by: Austen Bradfield • RE/MAX Results
Mls Name: GAMLS
Mls Provider:
Mls ID: #10366577
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.
