1017 Kingsley Way LOT 9LithoniaGA30058
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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 Lithonia at 1017 Kingsley Way LOT 9, Lithonia, GA, 30058 offers a 8.99% rental yield on a $390,005 purchase with $2,922/mo rent. Total monthly income registers $2,922/mo, and a $1,909/mo payment leaves $494/mo available for distribution. Annual cash flow reaches $5,929/yr on $129,287 to close, and return on cash invested stands at 24.49% in year one. Equity gained on principal adds $2,517/yr while 5% annual appreciation supports $107,751 over five years. Portfolio math shows five-year ROI at 127.51% and total cumulative return in cash at $164,854. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,922/mo property income against a $1,909/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
7,840 sqft lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30058, Lithonia, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,209 (100%) |
| Owner Occupied HU | 13,725 (56.7%) |
| Renter Occupied HU | 9,216 (38.1%) |
| Vacant Housing Units | 1,268 ( 5.2%) |
| Median Home Value | $278,543 |
| Average Home Value | $331,519 |
Housing Distribution
Address Breakdown
Residential
22,606
Single Family
19,921
Multi-Family
2,685
Businesses
1,390
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Listed by: Loretta Crosson • CCG Realty Group LLC
Mls Name: GAMLS
Mls Provider:
Mls ID: #10637896
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 2025 GAMLS. All rights reserved.