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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% |
Rental property for sale in Lagrange at 208 Gordon St, Lagrange, GA, 30240 generates $1,980/mo in rent, after a $2,570/mo payment. Total monthly income is $1,980/mo. Return on cash invested sits at 11.61% in year one, and rental yield is 4.53% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 58.2% and total cumulative return in cash sums $100,533. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,980/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30240, Lagrange, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,883 (100%) |
| Owner Occupied HU | 7,086 (55.0%) |
| Renter Occupied HU | 4,593 (35.7%) |
| Vacant Housing Units | 1,204 ( 9.3%) |
| Median Home Value | $288,373 |
| Average Home Value | $340,239 |
Residential
12,356
Single Family
11,092
Multi-Family
1,264
Businesses
1,054
Date | Event | Price |
|---|---|---|
| 2024-12-06 | Listed for sale | $525,000 |
| 2022-10-24 | Listing removed | N/A |
| 2022-04-22 | Sold | $399,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $476.03 | -85.90% | $127,440 | 5.36% |
| 2022-02-16 | $3376.00 | 20.99% | $120,960 | 30.74% |
| 2021-02-16 | $2790.40 | N/A | $92,520 | N/A |
What's Special
Permanent Stairs
Listed by: Deena Simmons • eXp Realty LLC
Mls Name: CBORGA
Mls Provider:
Mls ID: #218320
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
