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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Lithonia at 2067 Wellborn Close, Lithonia, GA, 30058 priced at $261,000 converts $2,130/mo rent into $542/mo cash flow after a $1,277/mo obligation. Total monthly income equals $2,130/mo, and annual cash flow totals $6,504/yr on $86,522 invested. Return on cash invested prints 27.43% in year one, and rental yield reads 9.79% against a $261,000 entry. Equity gained on principal adds $1,684/yr, while 5% annual appreciation compiles into $72,109 by year five. Five-year ROI reaches 143.02% and total cumulative return in cash sums $123,739. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,130/mo property income covering a $1,277/mo payment, not borrower’s personal income.
Single Family
Built in 1985
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30058, Lithonia, GA area.
| 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 |
Residential
22,606
Single Family
19,921
Multi-Family
2,685
Businesses
1,390
Date | Event | Price |
|---|---|---|
| 2025-04-26 | Listed for sale | $261,000 |
| 2024-12-19 | Sold | $243,800 |
| 2019-07-24 | Sold | $152,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-28 | $637.78 | -19.08% | $87,080 | 10.01% |
| 2022-04-28 | $788.20 | -61.56% | $79,160 | 21.78% |
| 2021-04-28 | $2050.32 | -24.84% | $65,000 | 18.79% |
Listed by: MARK SPAIN • Mark Spain Real Estate
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7568413
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