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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 406 Lakeview Way, Lagrange, GA, 30241 generates $3,179/mo in rent and, after a $2,275/mo payment, leaves $296/mo in cash flow. Total monthly income is $3,179/mo, and annual cash flow is $3,554/yr on $154,114 invested. Return on cash invested sits at 22.21% in year one, and rental yield is 8.21% on a $464,900 entry. Equity gained on principal adds $3,000/yr, while 5% annual appreciation builds toward $128,443 over five years. Five-year ROI reaches 115.24% and total cumulative return in cash sums $177,604. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,179/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
0.36 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-03-12 | Listed for sale | $464,900 |
| 2018-06-01 | Sold | $317,148 |
| 2018-05-03 | Pending sale | $317,840 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-22 | $4503.31 | 3.72% | $165,120 | 3.72% |
| 2023-05-22 | $4341.86 | 4.72% | $159,200 | 7.16% |
| 2022-05-22 | $4146.31 | 6.96% | $148,560 | 13.82% |
Listed by: Alisa Matheny • Coldwell Banker Spinks, Brown & Durand, Inc
Mls Name: CBORGA
Mls Provider:
Mls ID: #221204
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
