Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 410 Higgins Rd, Locust Grove, GA, 30248 priced at $265,000 converts $2,438/mo rent into $639/mo cash flow after a $1,297/mo obligation. Total monthly income equals $2,438/mo, and annual cash flow totals $7,671/yr on $87,848 invested. Return on cash invested prints 28.64% in year one, and rental yield reads 11.04% against a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation compiles into $73,215 by year five. Five-year ROI reaches 150.5% and total cumulative return in cash sums $132,207. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,438/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Single Family
Built in 2022
2.64 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 |
|---|---|---|
| 2024-05-14 | Listed for sale | $265,000 |
| 2024-04-05 | Pending sale | $265,000 |
| 2024-04-04 | Listed for sale | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-15 | $4431.47 | 729.88% | $115,520 | 729.89% |
| 2022-11-15 | $533.99 | 16.39% | $13,920 | 16.39% |
| 2021-11-15 | $458.80 | 6.03% | $11,960 | 6.03% |
Listed by: Joan Thomas • EXP Realty, LLC.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7431389
Disclaimer: Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please [click here](https://www.fmls.com/dmca) to review our DMCA policy and learn how to submit a takedown request. 2024 First Multiple Listing Service, Inc. [Click here for more information](/info/mls-disclaimers/#mls_30)
