690 Laney RdLocust 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 690 Laney Rd, Locust Grove, GA, 30248 earns $645/mo cash flow from $2,622/mo rent with a $1,590/mo payment. Total monthly income totals $2,622/mo, and annual cash flow totals $7,738/yr on $107,704 capital. ROI tracks 27.09% on current figures, and rental yield reads 9.68% at a $324,900 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,764 over five years. Five-year ROI reaches 141.24% and total cumulative return in cash sums $152,117. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,622/mo property income instead of your personal income.
Single Family
Built in 1996
1 Acres 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: Jason T Strantz • Summit Realty Group
Mls Name: GAMLS
Mls ID: #10671584