580 Parnassus RdLocust 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
Investment property for sale in Locust Grove at 580 Parnassus Rd, Locust Grove, GA, 30248 at $391,375 posts ROI 19.03% with from $2,287/mo rent. Total monthly income equals $2,287/mo. Return on cash invested measures 19.03% and rental yield reads 7.01% at the current $391,375. Equity gained on principal adds $2,525/yr, and 5% annual appreciation supports $108,130 by year five. Five-year ROI prints 97.98% and total cumulative return in cash totals $127,124. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,287/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
N/A lot
$N/A/sqft
No 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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Listed by: Oak Ridge Meadows • D.R. Horton - Atlanta East City
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A