2448 Bear Mountain StLithoniaGA30058
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2448 Bear Mountain St, Lithonia, GA, 30058 offers $2,868/mo rent that, after a $1,767/mo payment, leaves $266/mo cash flow. Total monthly income is $2,868/mo, and annual cash flow is $3,198/yr on $119,659 cash. Return on cash invested measures 22.58% in year one, and rental yield stands at 9.53% at a $360,961 entry. Equity gained on principal adds $2,329/yr while 5% annual appreciation compounds into $99,727 by year five. Five-year ROI records 118.52% and total cumulative return in cash reaches $141,815. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,868/mo property income versus a $1,767/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
6,098 sqft lot
$N/A/sqft
$1,344 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jenny Martin • Redfin Corporation
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7500683
Disclaimer: Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please [click here](https://www.fmls.com/dmca) to review our DMCA policy and learn how to submit a takedown request. 2024 First Multiple Listing Service, Inc. [Click here for more information](/info/mls-disclaimers/#mls_30)