308 Sarasota LnLocust 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
Investment property for sale in Locust Grove at 308 Sarasota Ln, Locust Grove, GA, 30248 at $284,000 posts ROI 29.3% with $737/mo cash flow from $2,556/mo rent. Total monthly income equals $2,556/mo, and annual cash flow records $8,845/yr on $94,146 to close. Return on cash invested measures 29.3% and rental yield reads 10.8% at the current $284,000. Equity gained on principal adds $1,833/yr, and 5% annual appreciation supports $78,464 by year five. Five-year ROI prints 153.55% and total cumulative return in cash totals $144,557.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,556/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
N/A lot
$N/A/sqft
$410 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Candace Files • Maximum One Realtor Partners
Mls Name: GAMLS
Mls Provider:
Mls ID: #10548796
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 2025 GAMLS. All rights reserved.