516 Altamaha CtLocust GroveGA30248
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Locust Grove at 516 Altamaha Ct, Locust Grove, GA, 30248 priced at $402,090 pairs $2,804/mo rent with $290/mo cash flow after a $1,968/mo payment. Total monthly income equals $2,804/mo, and annual cash flow comes to $3,482/yr on $133,293 invested. Return on cash invested is 22.52% in year one, and rental yield stands at 8.37% on a $402,090 basis. Equity gained on principal adds $2,595/yr, and 5% annual appreciation accumulates to $111,090 by year five. Five-year ROI measures 116.96% and total cumulative return in cash reaches $155,904. For financing, Ziffy Mortgage’s DSCR program evaluates $2,804/mo property income against a $1,968/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
9,147 sqft lot
$N/A/sqft
$800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30248, Locust Grove, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,804
Single Family
11,804
Multi-Family
0
Businesses
822
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Nearby investment properties with comparable prices
Listed by: Claire Muckerman • SM Georgia Brokerage, LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7573222
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