108 Willowick DrLithoniaGA30038
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 108 Willowick Dr, Lithonia, GA, 30038 at $149,900 posts ROI 36.5% with $687/mo cash flow from $1,718/mo rent. Total monthly income equals $1,718/mo, and annual cash flow records $8,244/yr on $49,692 to close. Return on cash invested measures 36.5% and rental yield reads 13.75% at the current $149,900. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 by year five. Five-year ROI prints 192.68% and total cumulative return in cash totals $95,747.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,718/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1971
740.52 sqft lot
$N/A/sqft
$235 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30038, Lithonia, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,010 (100%) |
| Owner Occupied HU | 10,302 (57.2%) |
| Renter Occupied HU | 6,779 (37.6%) |
| Vacant Housing Units | 929 ( 5.2%) |
| Median Home Value | $323,933 |
| Average Home Value | $354,864 |
Housing Distribution
Address Breakdown
Residential
17,475
Single Family
14,223
Multi-Family
3,252
Businesses
554
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Nearby investment properties with comparable prices
Listed by: Lauren Owens • HomeSmart
Mls Name: GAMLS
Mls Provider:
Mls ID: #10292946
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.