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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 321 Shelley Ln, Locust Grove, GA, 30248 uses $82,875 cash to close to unlock $6,133/yr annual cash flow and $511/mo monthly cash flow. Total monthly income runs $2,033/mo, and a $1,224/mo payment keeps the spread at $511/mo. Purchase price stands at $249,999, and rental yield measures 9.76% with $2,033/mo rent. Return on cash invested shows 27.31% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 142.45% and total cumulative return in cash records $118,054. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,033/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 2001
1.20 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 |
|---|---|---|
| 2024-11-11 | Listed for sale | $249,999 |
| 2024-10-11 | Pending sale | $249,999 |
| 2024-09-30 | Price change | $249,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-15 | $365.71 | -28.39% | $106,400 | 27.21% |
| 2022-11-15 | $510.69 | -0.00% | $83,640 | 19.49% |
| 2021-11-15 | $510.70 | N/A | $70,000 | 19.95% |
Listed by: Marte Swanson • Swanson & Associates Realty, LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7427295
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