2446 Mount Vernon RdLithia 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 2446 Mount Vernon Rd, Lithia Springs, GA, 30122 generates $2,135/mo in rent and, after a $1,468/mo payment, leaves $310/mo in cash flow. Total monthly income is $2,135/mo, and annual cash flow is $3,715/yr on $99,417 invested. Return on cash invested sits at 23.65% in year one, and rental yield is 8.54% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 122.76% and total cumulative return in cash sums $122,044. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,135/mo property income rather than buyer’s personal income.
Manufactured
Built in 1980
10.10 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: Maria Sims • Keller Williams Rlty. Partners
Mls Name: GAMLS
Mls ID: #10680797