1770 Phillips RdLithoniaGA30058
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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 Lithonia at 1770 Phillips Rd, Lithonia, GA, 30058 priced at $179,900 converts $1,907/mo rent into $759/mo cash flow after a $881/mo obligation. Total monthly income equals $1,907/mo, and annual cash flow totals $9,103/yr on $59,637 invested. Return on cash invested prints 35.17% in year one, and rental yield reads 12.72% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 184.98% and total cumulative return in cash sums $110,313. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,907/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.30 Acres 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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Listed by: Holly Kelley • First United Realty of Atlanta, LLC.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7434359
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