285 Paces DrLithia 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 285 Paces Dr, Lithia Springs, GA, 30122 generates $3,133/mo in rent and, after a $2,325/mo payment, leaves $242/mo in cash flow. Total monthly income is $3,133/mo, and annual cash flow is $2,904/yr on $157,463 invested. Return on cash invested sits at 21.75% in year one, and rental yield is 7.91% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 112.59% and total cumulative return in cash sums $177,283. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,133/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
0.40 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: Rip Pruitt • Century 21 Connect Realty
Mls Name: FMLS GA
Mls ID: #7691203