2201 Cedar Creek 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
Rental property for sale in Lithia Springs at 2201 Cedar Creek Ln, Lithia Springs, GA, 30122 priced at $295,500 converts $2,189/mo rent into $391/mo cash flow after a $1,446/mo obligation. Total monthly income equals $2,189/mo, and annual cash flow totals $4,690/yr on $97,958 invested. Return on cash invested prints 24.7% in year one, and rental yield reads 8.89% against a $295,500 entry. Equity gained on principal adds $1,907/yr, while 5% annual appreciation compiles into $81,641 by year five. Five-year ROI reaches 128.38% and total cumulative return in cash sums $125,763. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,189/mo property income covering a $1,446/mo payment, not borrower’s personal income.
Single Family
Built in 1988
0.46 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: Dominique Hinton • BHGRE Metro Brokers
Mls Name: GAMLS
Mls Provider:
Mls ID: #10382520
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.