1606 Chancery LnLithia SpringsGA30122
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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 Lithia Springs at 1606 Chancery Ln, Lithia Springs, GA, 30122 uses $197,400 cash to close to unlock $8,448/yr annual cash flow and $704/mo monthly cash flow. Total monthly income runs $4,356/mo, and a $2,937/mo payment keeps the spread at $704/mo. Purchase price stands at $600,000, and rental yield measures 8.71% with $4,356/mo rent. Return on cash invested shows 24.34% in year one, and 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 126.43% and total cumulative return in cash records $249,564. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,356/mo property income covering a $2,937/mo payment rather than investor’s personal income.
Single Family
Built in 2022
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30122, Lithia Springs, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,610 (100%) |
| Owner Occupied HU | 5,133 (44.2%) |
| Renter Occupied HU | 5,507 (47.4%) |
| Vacant Housing Units | 970 ( 8.4%) |
| Median Home Value | $295,031 |
| Average Home Value | $294,237 |
Housing Distribution
Address Breakdown
Residential
10,479
Single Family
6,447
Multi-Family
4,032
Businesses
1,002
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Listed by: Amy McCoy • BHGRE Metro Brokers
Mls Name: FMLS GA
Mls ID: #7690567