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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 Lagrange at 386 Linman Dr, Lagrange, GA, 30241 generates $3,125/mo in rent and, after a $1,958/mo payment, leaves $642/mo in cash flow. Total monthly income is $3,125/mo, and annual cash flow is $7,708/yr on $132,600 invested. Return on cash invested sits at 25.72% in year one, and rental yield is 9.38% on a $399,999 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,512 over five years. Five-year ROI reaches 134.06% and total cumulative return in cash sums $177,759. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,125/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
1 Acres lot
$N/A/sqft
$500 annually HOA
Neighborhood data shown for ZIP Code: 30241, Lagrange, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,251 (100%) |
| Owner Occupied HU | 5,316 (47.2%) |
| Renter Occupied HU | 5,028 (44.7%) |
| Vacant Housing Units | 907 ( 8.1%) |
| Median Home Value | $238,277 |
| Average Home Value | $253,523 |
Residential
10,293
Single Family
9,521
Multi-Family
772
Businesses
1,133
Date | Event | Price |
|---|---|---|
| 2024-09-04 | Listed for sale | $399,999 |
| 2018-07-24 | Listing removed | $1,800 |
| 2018-07-20 | Listed for rent | $1,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-18 | $3394.94 | 6.89% | $124,480 | 9.38% |
| 2022-10-18 | $3176.16 | -1.02% | $113,800 | 6.95% |
| 2021-10-18 | $3209.03 | 0.00% | $106,400 | N/A |
Listed by: Sylvia Kim • Atlanta Fine Homes Sotheby's International
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7448917
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