201 Cloud DrLocust 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
Rental property for sale in Locust Grove at 201 Cloud Dr, Locust Grove, GA, 30248 priced at $199,900 pairs $2,311/mo rent with $1,078/mo cash flow after a $978/mo payment. Total monthly income equals $2,311/mo, and annual cash flow comes to $12,942/yr on $66,267 invested. Return on cash invested is 39.44% in year one, and rental yield stands at 13.87% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 207.58% and total cumulative return in cash reaches $137,557. For financing, Ziffy Mortgage’s DSCR program evaluates $2,311/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1997
0.31 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: Lisa Gray • Dream Achiever's Realty, LLC.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7503837
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