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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 2885 Mount Vernon Rd, Lithia Springs, GA, 30122 priced at $269,900 converts $2,064/mo rent into $421/mo cash flow after a $1,321/mo obligation. Total monthly income equals $2,064/mo, and annual cash flow totals $5,056/yr on $89,472 invested. Return on cash invested prints 25.56% in year one, and rental yield reads 9.18% against a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,568 by year five. Five-year ROI reaches 133.03% and total cumulative return in cash sums $119,022. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,064/mo property income covering a $1,321/mo payment, not borrower’s personal income.
Single Family
Built in 1980
0.57 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 |
|---|---|---|
| 2025-01-06 | Price change | $269,900 |
| 2024-11-25 | Listed for sale | $289,900 |
| 2020-10-16 | Sold | $155,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-01-10 | $1778.06 | 9.22% | $54,520 | 7.58% |
| 2021-01-10 | $1627.99 | 17.74% | $50,680 | 14.04% |
| 2020-01-10 | $1382.67 | 2.30% | $44,440 | 2.30% |
Listed by: Sonya Rosser • BHGRE Metro Brokers
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7490824
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