524 Vervain DrLocust 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 524 Vervain Dr, Locust Grove, GA, 30248 offers $2,804/mo rent that, after a $1,758/mo payment, leaves $593/mo cash flow. Total monthly income is $2,804/mo, and annual cash flow is $7,116/yr on $119,070 cash. Return on cash invested measures 25.89% in year one, and rental yield stands at 9.37% at a $359,185 entry. Equity gained on principal adds $2,318/yr while 5% annual appreciation compounds into $99,236 by year five. Five-year ROI records 134.84% and total cumulative return in cash reaches $160,554. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,804/mo property income versus a $1,758/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
7,405 sqft lot
$N/A/sqft
$300 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: Shayla Sirmans • D.R.. Horton Realty of Georgia, Inc
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7504342
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