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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 2074 Mulberry Ln, Lithonia, GA, 30058 priced at $323,000 converts $2,792/mo rent into $796/mo cash flow after a $1,581/mo obligation. Total monthly income equals $2,792/mo, and annual cash flow totals $9,557/yr on $107,075 invested. Return on cash invested prints 28.83% in year one, and rental yield reads 10.37% against a $323,000 entry. Equity gained on principal adds $2,084/yr, while 5% annual appreciation compiles into $89,239 by year five. Five-year ROI reaches 150.72% and total cumulative return in cash sums $161,385. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,792/mo property income covering a $1,581/mo payment, not borrower’s personal income.
Single Family
Built in 2004
0.28 Acres lot
$N/A/sqft
$250 annually 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 |
|---|---|---|
| 2025-02-10 | Price change | $323,000 |
| 2025-01-26 | Listed for sale | $330,000 |
| 2025-01-13 | Pending sale | $330,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $2787.40 | -7.51% | $116,000 | 15.03% |
| 2022-02-16 | $3013.64 | 23.58% | $100,840 | 32.82% |
| 2021-02-16 | $2438.60 | 7.56% | $75,920 | 11.19% |
Listed by: Tawanda Vauss • First United Realty of Atlanta, LLC.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7500481
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