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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 507 S Lee St, Lagrange, GA, 30240 offers $753/mo rent that, after a $489/mo payment, leaves $145/mo cash flow. Total monthly income is $753/mo, and annual cash flow is $1,738/yr on $33,150 cash. Return on cash invested measures 25.15% in year one, and rental yield stands at 9.04% at a $100,000 entry. Equity gained on principal adds $645/yr while 5% annual appreciation compounds into $27,628 by year five. Five-year ROI records 130.84% and total cumulative return in cash reaches $43,372. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $753/mo property income versus a $489/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1915
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30240, Lagrange, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,883 (100%) |
| Owner Occupied HU | 7,086 (55.0%) |
| Renter Occupied HU | 4,593 (35.7%) |
| Vacant Housing Units | 1,204 ( 9.3%) |
| Median Home Value | $288,373 |
| Average Home Value | $340,239 |
Residential
12,356
Single Family
11,092
Multi-Family
1,264
Businesses
1,054
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: Kristy K Daniel • Atlanta Communities
Mls Name: GAMLS
Mls ID: #10565143
