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Cap Rate Analysis: LaGrange, GA

Investment metrics, interactive calculators, and data-driven analysis for LaGrange rental properties.

Market data powered by Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) · Updated Feb 2026

Moderate — source deals carefully
Based on $195,000 median price and $1,250/mo median rent
Est. Cap Rate
5.49%
1% Rule
0.64%
Fails
GRM
13.0x
Price / Income
4.0x

Market Data

Median Home Price$195,000
Median Monthly Rent$1,250
Property Tax Rate0.93%
Population50,000
Population Growth0.9% / yr
Median Household Income$49,350
Vacancy Rate6.2%
Annual Appreciation2.9%

Cap Rate Calculator — LaGrange

Pre-filled with LaGrange medians. Adjust to match a specific property.

Property Details
$
$
3–8% typical
%
Monthly Expenses
0.93% rate
$
$
8–10% of rent
$
8–12% of rent
$
Cap Rate
4.50%Low
Net Operating Income ÷ Purchase Price
NOI / Year
$8,778
net operating income
Gross Rent Multiplier
13.0x
Good (<15)
1% Rule
0.64%
✗ Fails
Monthly Cash Flow
$732
before debt service
Annual Breakdown
Gross Rental Income$15,000
Less Vacancy−$930
Effective Income$14,070
Less Operating Expenses−$5,292
Net Operating Income$8,778
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Cash-on-Cash Return — LaGrange

Factor in financing to see your actual return on invested capital in LaGrange.

$
$48,750
%
%
years
$
taxes + ins + maint + mgmt
$
$
Cash-on-Cash Return
-5.02%Weak
Annual Cash Flow ÷ Total Cash Invested
Total Cash Invested
$54,600
$48,750 down + $5,850 closing
Monthly Mortgage
$953
on $146K loan
Monthly Cash Flow
$-228
after all expenses
Annual Cash Flow
$-2,741
before taxes
Cash Flow Breakdown
Monthly Rent$1,250
Less Expenses−$525
Less Mortgage−$953
Monthly Cash Flow$-228

Is LaGrange a Good Place to Invest in Rental Property?

LaGrange, GA has a population of 50,000 and has been growing at 0.9% annually — roughly in line with national trends, meaning demand is stable but not exceptional. The median home price of $195,000 paired with median rents of $1,250/mo produces an estimated cap rate of 5.49%.

Property taxes at 0.93% fall within the national average range and shouldn't present unusual challenges. The vacancy rate of 6.2% is moderate and within normal parameters for a healthy rental market.

At a price-to-income ratio of 4.0x, homes cost about 4.0 times the local median income of $49,350. This relatively affordable ratio suggests a deep pool of renters who find buying out of reach, supporting rental demand. Home values have appreciated at roughly 2.9% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.

Bottom line: LaGrange presents moderate opportunities. Cap rates near 5.49% mean deals need careful sourcing — look for value-add rehabs or emerging neighborhoods where rents are climbing.

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