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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 Locust Grove at 950 Besse Way, Locust Grove, GA, 30248 at $350,000 posts ROI 23.23% with $321/mo cash flow from $2,468/mo rent. Total monthly income equals $2,468/mo, and annual cash flow records $3,855/yr on $116,025 to close. Return on cash invested measures 23.23% and rental yield reads 8.46% at the current $350,000. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 by year five. Five-year ROI prints 120.61% and total cumulative return in cash totals $139,934.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,468/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30248, Locust Grove, GA area.
| 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 |
Residential
11,804
Single Family
11,804
Multi-Family
0
Businesses
822
Date | Event | Price |
|---|---|---|
| 2024-12-04 | Price change | $350,000 |
| 2024-11-04 | Price change | $358,000 |
| 2024-10-01 | Price change | $365,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-09 | $3103.28 | 1.16% | $123,320 | 22.78% |
| 2022-01-09 | $3067.68 | 13.62% | $100,440 | 18.33% |
| 2021-01-09 | $2700.02 | 8.10% | $84,880 | 11.22% |
Listed by: Michael Martin • McLeRoy Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10344076
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.
