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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 204 Moreton Way Dr N, Locust Grove, GA, 30248 listed at $339,990 pairs $2,804/mo rent with a $1,664/mo payment to leave $684/mo cash flow. Total monthly income runs $2,804/mo, and annual cash flow reaches $8,203/yr on $112,707 cash to close. Return on cash invested measures 27.19% in year one, and rental yield registers 9.9% at a $339,990 basis. Equity gained on principal adds $2,194/yr, and annual property appreciation at 5% supports $93,933 by year five. Five-year ROI tracks 141.95% and total cumulative return in cash totals $159,987. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,804/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
N/A lot
$N/A/sqft
$615 annually 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 |
|---|---|---|
| 2024-09-25 | Listed for sale | $339,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kimberly R. Jones • Starlight Homes GA LLC
Mls Name: GAMLS
Mls Provider:
Mls ID: #10384450
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.
