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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 737 Leonard Rd, Lagrange, GA, 30241 listed at $199,000 pairs $1,597/mo rent with a $974/mo payment to leave $386/mo cash flow. Total monthly income runs $1,597/mo, and annual cash flow reaches $4,630/yr on $65,969 cash to close. Return on cash invested measures 26.93% in year one, and rental yield registers 9.63% at a $199,000 basis. Equity gained on principal adds $1,284/yr, and annual property appreciation at 5% supports $54,980 by year five. Five-year ROI tracks 140.37% and total cumulative return in cash totals $92,598. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,597/mo property income relative to a $974/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1994
1.66 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 |
|---|---|---|
| 2025-03-20 | Listed for sale | $199,000 |
| 2022-08-15 | Sold | $78,900 |
| 2022-07-30 | Pending sale | $74,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-20 | $860.74 | -2.38% | $31,568 | -0.08% |
| 2022-03-20 | $881.73 | 13.49% | $31,592 | 22.64% |
| 2021-03-20 | $776.93 | N/A | $25,760 | N/A |
Listed by: Mireya Sesmas • Virtual Properties Realty.com
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7543190
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