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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 Grayson at 3000 Storybook Ln, Grayson, GA, 30017 offers $2,755/mo rent that, after a $1,860/mo payment, leaves $266/mo cash flow. Total monthly income is $2,755/mo, and annual cash flow is $3,198/yr on $125,970 cash. Return on cash invested measures 22.45% in year one, and rental yield stands at 8.7% at a $379,999 entry. Equity gained on principal adds $2,452/yr while 5% annual appreciation compounds into $104,987 by year five. Five-year ROI records 116.93% and total cumulative return in cash reaches $147,300. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,755/mo property income versus a $1,860/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
6,969 sqft lot
$N/A/sqft
$440 annually HOA
Neighborhood data shown for ZIP Code: 30017, Grayson, GA area.
| 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 |
Residential
8,883
Single Family
8,166
Multi-Family
717
Businesses
697
Date | Event | Price |
|---|---|---|
| 2025-03-27 | Listed for sale | $379,999 |
| 2019-06-18 | Sold | $209,000 |
| 2019-05-25 | Pending sale | $215,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-28 | $4823.03 | 3.59% | $150,720 | 3.92% |
| 2023-03-28 | $4655.79 | 20.51% | $145,040 | 20.51% |
| 2022-03-28 | $3863.55 | 40.90% | $120,360 | 43.97% |
Listed by: MARK SPAIN • Mark Spain Real Estate
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7542495
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