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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 Lithia Springs at 2681 Mount Vernon Rd, Lithia Springs, GA, 30122 generates $3,283/mo in rent, after a $4,894/mo payment. Total monthly income is $3,283/mo. Return on cash invested sits at 9.84% in year one, and rental yield is 3.94% on a $999,900 entry. Equity gained on principal adds $6,452/yr, while 5% annual appreciation builds toward $276,254 over five years. Five-year ROI reaches 48.66% and total cumulative return in cash sums $160,088. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,283/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
13.60 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30122, Lithia Springs, GA area.
| 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 |
Residential
10,479
Single Family
6,447
Multi-Family
4,032
Businesses
1,002
Date | Event | Price |
|---|---|---|
| 2024-09-20 | Price change | $999,900 |
| 2024-08-08 | Price change | $1,399,900 |
| 2024-07-09 | Price change | $1,449,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-10-16 | $542.68 | 1.53% | $16,640 | N/A |
| 2021-10-16 | $534.52 | 3.25% | $16,640 | N/A |
| 2020-10-16 | $517.72 | N/A | $16,640 | N/A |
What's Special
Pull Down Stairs
Listed by: Jenna Burton • Metro West Realty Group LLC
Mls Name: GAMLS
Mls Provider:
Mls ID: #10317324
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.
