Summit Plan, Evergreen Crossing, Locust Grove, GA, 30248 | $144/mo Cash Flow

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Summit Plan, Evergreen Crossing, Locust Grove, GA, 30248 | $144/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Locust Grove at Summit Plan, Evergreen Crossing, Locust Grove, GA, 30248 priced at $436,990 converts $2,804/mo rent into $144/mo cash flow after a $2,139/mo obligation. Total monthly income equals $2,804/mo, and annual cash flow totals $1,731/yr on $144,862 invested. Return on cash invested prints 21.1% in year one, and rental yield reads 7.7% against a $436,990 entry. Equity gained on principal adds $2,820/yr, while 5% annual appreciation compiles into $120,732 by year five. Five-year ROI reaches 109.14% and total cumulative return in cash sums $158,101. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,804/mo property income covering a $2,139/mo payment, not borrower’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

The Summit floorplan at Evergreen Crossing is a 5 bedroom, 4 bathroom two-story home covering 2,929 sq. ft. The 2-car garage ensures plenty of room for vehicles and storage. A formal dining room greets you as you enter this incredible home, offering space to entertain family and host friends. The extended foyer leads to a central family room and opens to an island kitchen. With bar stool seating, contemporary cabinetry, stainless steel appliances, an oversized pantry and beautiful quartz countertops, this is an area any aspiring cook will enjoy. There is also a bedroom and full bath on the main level, perfect for guests. Upstairs offers a private bedroom suite with impressive bath with dual vanities, separate shower, garden tub and ample closet space. There are three secondary bedrooms, each with generous closets, two full baths off the hallway, and a convenient laundry. And for movie nights, watching sports, or gaming, there is a versatile loft you can personalize to fit your lifestyle. And you will never be too far from home with Home Is Connected. Your new home is built with an industry leading suite of smart home products that keep you connected with the people and place you value most. Photos used for illustrative purposes and may not depict actual home.

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