801 Carnegie CtLocust GroveGA30248
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder801 Carnegie Ct, Locust Grove, GA, 30248 in Locust Grove is a stable, well-positioned rental at $665,000. Rental yield 7.35%. DSCR 1.36 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $183,727 in value and $6,125/yr in principal paydown builds equity, a total projected return of $226,997.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 6.2% |
| Monthly Cash Flow | $(416) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $4,070 |
| Total Monthly Debt Service | $4,222 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2013
N/A lot
$N/A/sqft
$1,350 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
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
Single Family
Built in 2013
N/A lot
$N/A/sqft
$1,350 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph Chapman • Chapman Group Realty, Inc.
Mls Name: GAMLS
Mls Provider:
Mls ID: #10436157
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.