




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Locust Grove at 508 Altamaha Ct, Locust Grove, GA, 30248 earns $285/mo cash flow from $2,804/mo rent with a $1,972/mo payment. Total monthly income totals $2,804/mo, and annual cash flow totals $3,421/yr on $133,591 capital. ROI tracks 22.47% on current figures, and rental yield reads 8.35% at a $402,990 purchase. Equity gained on principal adds $2,600/yr, and 5% annual appreciation supports $111,339 over five years. Five-year ROI reaches 116.69% and total cumulative return in cash sums $155,887. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,804/mo property income instead of your personal income.
Single Family
Built in 2025
9,147 sqft lot
$N/A/sqft
$800 annually 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 |
|---|---|---|
| 2025-07-26 | Price change | $402,990 |
| 2025-07-01 | Price change | $402,090 |
| 2025-06-02 | Listed for sale | $399,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Casey G Williams • SM Georgia Brokerage
Mls Name: GAMLS
Mls Provider:
Mls ID: #10572235
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 GAMLS. All rights reserved.