6857 Louis DrLocust GroveGA30248
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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 Locust Grove at 6857 Louis Dr, Locust Grove, GA, 30248 offers a 8.96% rental yield on a $519,990 purchase with $3,881/mo rent. Total monthly income registers $3,881/mo, and a $2,545/mo payment leaves $716/mo available for distribution. Annual cash flow reaches $8,596/yr on $171,077 to close, and return on cash invested stands at 25.08% in year one. Equity gained on principal adds $3,355/yr while 5% annual appreciation supports $143,664 over five years. Portfolio math shows five-year ROI at 130.44% and total cumulative return in cash at $223,160. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,881/mo property income against a $2,545/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30248, Locust Grove, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,804
Single Family
11,804
Multi-Family
0
Businesses
822
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Listed by: Stephanie Williams • SouthSide, REALTORS
Mls Name: GAMLS
Mls ID: #10615620