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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% |
Investment property for sale in Locust Grove at 638 Jervis Way, Locust Grove, GA, 30248 earns $566/mo cash flow from $2,287/mo rent with a $1,263/mo payment. Total monthly income totals $2,287/mo, and annual cash flow totals $6,787/yr on $85,524 capital. ROI tracks 27.84% on current figures, and rental yield reads 10.64% at a $257,990 purchase. Equity gained on principal adds $1,665/yr, and 5% annual appreciation supports $71,278 over five years. Five-year ROI reaches 146.05% and total cumulative return in cash sums $124,906. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,287/mo property income instead of your personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$151 monthly 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 |
|---|---|---|
| 2024-09-14 | Listing removed | $257,990 |
| 2024-09-08 | Listed for sale | $257,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kimberly Jones • Starlight Homes Georgia Realty LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7452356
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