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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 32 Collins Rd, Locust Grove, GA, 30248 uses $96,102 cash to close to unlock $4,038/yr annual cash flow and $337/mo monthly cash flow. Total monthly income runs $2,101/mo, and a $1,419/mo payment keeps the spread at $337/mo. Purchase price stands at $289,900, and rental yield measures 8.7% with $2,101/mo rent. Return on cash invested shows 24.11% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 125.26% and total cumulative return in cash records $120,381. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,101/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1960
1.49 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-01-03 | Price change | $289,900 |
| 2024-12-12 | Listed for sale | $299,900 |
| 2024-11-08 | Sold | $210,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-09 | $203.05 | -41.66% | $87,520 | 27.36% |
| 2022-01-09 | $348.04 | 0.17% | $68,720 | 23.24% |
| 2021-01-09 | $347.45 | -0.00% | $55,760 | 9.16% |
Listed by: Amber Jones • Crye-Leike, Realtors
Mls Name: GAMLS
Mls Provider:
Mls ID: #10425989
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.
