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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 Lagrange at 684 Leonard Rd, Lagrange, GA, 30241 with 5% annual appreciation on a $245,000 basis while $2,824/mo rent supports operations. Total monthly income totals $2,824/mo and a $1,199/mo payment preserves $1,333/mo for cash returns. Annual cash flow comes to $15,996/yr on $81,218 deployed, and return on cash invested reaches 39.6% in year one. Equity gained on principal adds $1,581/yr, and five-year appreciation sums $67,689 alongside rental yield of 13.83%. Five-year ROI measures 208.39% and total cumulative return in cash totals $169,248.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,824/mo property income versus a $1,199/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1999
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30241, Lagrange, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,251 (100%) |
| Owner Occupied HU | 5,316 (47.2%) |
| Renter Occupied HU | 5,028 (44.7%) |
| Vacant Housing Units | 907 ( 8.1%) |
| Median Home Value | $238,277 |
| Average Home Value | $253,523 |
Residential
10,293
Single Family
9,521
Multi-Family
772
Businesses
1,133
Date | Event | Price |
|---|---|---|
| 2024-08-30 | Listed for sale | $245,000 |
| 2024-08-28 | Pending sale | $245,000 |
| 2024-07-15 | Listed for sale | $245,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2016-09-16 | $1252.63 | 2.64% | $42,450 | N/A |
| 2015-09-16 | $1220.45 | -0.19% | $42,450 | 5.00% |
| 2014-09-16 | $1222.73 | 5.10% | $40,427 | -7.59% |
Listed by: Ben Yates • Coldwell Banker Spinks Brown
Mls Name: GAMLS
Mls Provider:
Mls ID: #10338832
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.
