1612 Sky Crest DrLithia 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
Rental property for sale in Lithia Springs at 1612 Sky Crest Dr, Lithia Springs, GA, 30122 priced at $335,500 converts $2,456/mo rent into $362/mo cash flow after a $1,642/mo obligation. Total monthly income equals $2,456/mo, and annual cash flow totals $4,340/yr on $111,218 invested. Return on cash invested prints 23.81% in year one, and rental yield reads 8.78% against a $335,500 entry. Equity gained on principal adds $2,165/yr, while 5% annual appreciation compiles into $92,692 by year five. Five-year ROI reaches 123.84% and total cumulative return in cash sums $137,733. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,456/mo property income covering a $1,642/mo payment, not borrower’s personal income.
Single Family
Built in 1986
0.35 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: Mark Schwartz • Virtual Properties Realty.Net, LLC.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7551371
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