6861 Louis DrLocust GroveGA30248
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6861 Louis Dr, Locust Grove, GA, 30248 earns $496/mo cash flow from $4,091/mo rent with a $2,814/mo payment. Total monthly income totals $4,091/mo, and annual cash flow totals $5,952/yr on $189,175 capital. ROI tracks 23.21% on current figures, and rental yield reads 8.54% at a $575,000 purchase. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 over five years. Five-year ROI reaches 120.57% and total cumulative return in cash sums $228,083. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,091/mo property income instead of your personal income.
Single Family
Built in 2016
0.37 Acres lot
$N/A/sqft
$1,150 annually 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: Mark Spain • Mark Spain Real Estate
Mls Name: GAMLS
Mls Provider:
Mls ID: #10532306
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 2025 GAMLS. All rights reserved.