700 Patriots Point StLocust 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
Rental property for sale in Locust Grove at 700 Patriots Point St, Locust Grove, GA, 30248 priced at $259,900 pairs $1,733/mo rent with $151/mo cash flow after a $1,272/mo payment. Total monthly income equals $1,733/mo, and annual cash flow comes to $1,815/yr on $86,157 invested. Return on cash invested is 22.02% in year one, and rental yield stands at 8% on a $259,900 basis. Equity gained on principal adds $1,677/yr, and 5% annual appreciation accumulates to $71,806 by year five. Five-year ROI measures 114.04% and total cumulative return in cash reaches $98,254. For financing, Ziffy Mortgage’s DSCR program evaluates $1,733/mo property income against a $1,272/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
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: Jacqueline Shaffer • Offerpad Brokerage, LLC.
Mls Name: FMLS GA
Mls ID: #7578319