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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 320 Naples Dr, Locust Grove, GA, 30248 offers a 11.63% rental yield on a $246,990 purchase with $2,394/mo rent. Total monthly income registers $2,394/mo, and a $1,209/mo payment leaves $740/mo available for distribution. Annual cash flow reaches $8,876/yr on $81,877 to close, and return on cash invested stands at 30.75% in year one. Equity gained on principal adds $1,594/yr while 5% annual appreciation supports $68,239 over five years. Portfolio math shows five-year ROI at 161.66% and total cumulative return in cash at $132,361. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,394/mo property income against a $1,209/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
$151 monthly 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 |
|---|---|---|
| 2025-03-15 | Listed for sale | $246,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kimberly Jones • Starlight Homes Georgia Realty LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7541693
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