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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 Lagrange at 619 Jenkins St, Lagrange, GA, 30240 priced at $199,900 converts $1,980/mo rent into $764/mo cash flow after a $978/mo obligation. Total monthly income equals $1,980/mo, and annual cash flow totals $9,165/yr on $66,267 invested. Return on cash invested prints 33.74% in year one, and rental yield reads 11.89% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 176.87% and total cumulative return in cash sums $117,205. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,980/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1940
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30240, Lagrange, GA area.
| 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 |
Residential
12,356
Single Family
11,092
Multi-Family
1,264
Businesses
1,054
Date | Event | Price |
|---|---|---|
| 2025-02-13 | Listed for sale | $199,900 |
| 2024-12-04 | Sold | $80,000 |
| 2017-10-02 | Sold | $15,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $746.19 | 2.83% | $27,360 | 5.23% |
| 2022-02-16 | $725.65 | 29.63% | $26,000 | 40.09% |
| 2021-02-16 | $559.77 | N/A | $18,560 | N/A |
Listed by: Kristina Moore • Coldwell Banker / Kennon, Parker, Duncan & Davis
Mls Name: CBORGA
Mls Provider:
Mls ID: #219413
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
