Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lithonia at 2722 Penwood Pl, Lithonia, GA, 30058 with 5% annual appreciation on a $100,000 basis while $864/mo rent supports operations. Total monthly income totals $864/mo and a $489/mo payment preserves $16/mo for cash returns. Annual cash flow comes to $187/yr on $33,150 deployed, and return on cash invested reaches 20.47% in year one. Equity gained on principal adds $645/yr, and five-year appreciation sums $27,628 alongside rental yield of 10.37%. Five-year ROI measures 108.93% and total cumulative return in cash totals $36,112.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $864/mo property income versus a $489/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1973
N/A lot
$N/A/sqft
$2,532 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 |
|---|---|---|
| 2025-05-01 | Listed for sale | $100,000 |
| 2025-05-01 | Listing removed | $100,000 |
| 2025-03-13 | Price change | $100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-02 | $1181.30 | 9.01% | $19,640 | 8.63% |
| 2022-05-02 | $1083.62 | 175.51% | $18,080 | 23.50% |
| 2021-05-02 | $393.32 | 23.79% | $14,640 | 22.82% |
Listed by: Kim Dildy • Perfect Match Properties Inc.
Mls Name: GAMLS
Mls Provider:
Mls ID: #10512960
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 2025 GAMLS. All rights reserved.
