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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 Locust Grove at 368 Hemlock Ln, Locust Grove, GA, 30248 priced at $179,900 pairs $1,411/mo rent with $316/mo cash flow after a $881/mo payment. Total monthly income equals $1,411/mo, and annual cash flow comes to $3,787/yr on $59,637 invested. Return on cash invested is 26.26% in year one, and rental yield stands at 9.41% on a $179,900 basis. Equity gained on principal adds $1,161/yr, and 5% annual appreciation accumulates to $49,703 by year five. Five-year ROI measures 136.76% and total cumulative return in cash reaches $81,561. For financing, Ziffy Mortgage’s DSCR program evaluates $1,411/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1998
0.40 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Chance Adamson • Southern Classic Realtors
Mls Name: GAMLS
Mls ID: #10588673
