883 Hammett RdLagrangeGA30241
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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 Lagrange at 883 Hammett Rd, Lagrange, GA, 30241 earns $225/mo cash flow from $1,259/mo rent with a $832/mo payment. Total monthly income totals $1,259/mo, and annual cash flow totals $2,694/yr on $56,322 capital. ROI tracks 24.69% on current figures, and rental yield reads 8.89% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 128.42% and total cumulative return in cash sums $72,326. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,259/mo property income instead of your personal income.
Single Family
Built in 1956
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30241, Lagrange, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,293
Single Family
9,521
Multi-Family
772
Businesses
1,133
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