








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 85 Lovic Davis Rd, Lagrange, GA, 30240 at $1,200,000 posts ROI 6.39% with from $2,774/mo rent. Total monthly income equals $2,774/mo. Return on cash invested measures 6.39% and rental yield reads 2.77% at the current $1,200,000. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 by year five. Five-year ROI prints 30.11% and total cumulative return in cash totals $117,083. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,774/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1987
8.47 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30240, Lagrange, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,883 (100%) |
| Owner Occupied HU | 7,086 (55.0%) |
| Renter Occupied HU | 4,593 (35.7%) |
| Vacant Housing Units | 1,204 ( 9.3%) |
| Median Home Value | $288,373 |
| Average Home Value | $340,239 |
Residential
12,356
Single Family
11,092
Multi-Family
1,264
Businesses
1,054
Date | Event | Price |
|---|---|---|
| 2024-07-22 | Price change | $1,200,000 |
| 2024-07-19 | Price change | $12,000,000 |
| 2024-07-19 | Listed for sale | $1,200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-16 | $948.01 | -2.28% | $34,760 | N/A |
| 2022-09-16 | $970.15 | 41.58% | $34,760 | 17.91% |
| 2021-09-16 | $685.23 | -22.93% | $29,480 | N/A |



Listed by: Yoko Hendricks • Keller Williams Georgia Communities
Mls Name: GAMLS
Mls Provider:
Mls ID: #10341536
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 2024 GAMLS. All rights reserved.