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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 Locust Grove at 602 Jervis Way, Locust Grove, GA, 30248 priced at $229,990 converts $2,394/mo rent into $994/mo cash flow after a $1,126/mo obligation. Total monthly income equals $2,394/mo, and annual cash flow totals $11,927/yr on $76,242 invested. Return on cash invested prints 35.55% in year one, and rental yield reads 12.49% against a $229,990 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,542 by year five. Five-year ROI reaches 186.6% and total cumulative return in cash sums $142,264. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,394/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-12-20 | Listed for sale | $229,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • Starlight
Mls Name: Starlight Homes
Mls Provider:
Mls ID: #N/A
