90 Hickory LnLagrangeGA30240
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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 90 Hickory Ln, Lagrange, GA, 30240 uses $114,036 cash to close to unlock $289/yr annual cash flow and $24/mo monthly cash flow. Total monthly income runs $2,118/mo, and a $1,684/mo payment keeps the spread at $24/mo. Purchase price stands at $344,000, and rental yield measures 7.39% with $2,118/mo rent. Return on cash invested shows 20.16% in year one, and 5% annual appreciation builds toward $95,041 over five years. Five-year ROI reaches 104.1% and total cumulative return in cash records $118,706. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,118/mo property income covering a $1,684/mo payment rather than investor’s personal income.
Single Family
Built in 1976
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30240, Lagrange, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
12,356
Single Family
11,092
Multi-Family
1,264
Businesses
1,054
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