1596 Cutters Mill DrLithoniaGA30058
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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 1596 Cutters Mill Dr, Lithonia, GA, 30058 uses $90,168 cash to close to unlock $9,610/yr annual cash flow and $801/mo monthly cash flow. Total monthly income runs $2,456/mo, and a $1,331/mo payment keeps the spread at $801/mo. Purchase price stands at $272,000, and rental yield measures 10.84% with $2,456/mo rent. Return on cash invested shows 30.57% in year one, and 5% annual appreciation builds toward $75,149 over five years. Five-year ROI reaches 159.85% and total cumulative return in cash records $144,137. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,456/mo property income covering a $1,331/mo payment rather than investor’s personal income.
Single Family
Built in 2003
6,969 sqft lot
$N/A/sqft
No 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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