608 Wilburn Avenue StLagrangeGA30240
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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 Lagrange at 608 Wilburn Avenue St, Lagrange, GA, 30240 uses $61,294 cash to close to unlock $5,936/yr annual cash flow and $495/mo monthly cash flow. Total monthly income runs $1,620/mo, and a $905/mo payment keeps the spread at $495/mo. Purchase price stands at $184,900, and rental yield measures 10.51% with $1,620/mo rent. Return on cash invested shows 29.59% in year one, and 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 154.66% and total cumulative return in cash records $94,795. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,620/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30240, Lagrange, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,883 (100%) |
| Owner Occupied HU | 7,086 (55.0%) |
| Renter Occupied HU | 4,593 (35.7%) |
| Vacant Housing Units | 1,204 ( 9.3%) |
| Median Home Value | $288,373 |
| Average Home Value | $340,239 |
Housing Distribution
Address Breakdown
Residential
12,356
Single Family
11,092
Multi-Family
1,264
Businesses
1,054
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