2914 Parc LorraineLithoniaGA30038
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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
Investment property for sale in Lithonia at 2914 Parc Lorraine, Lithonia, GA, 30038 at $119,500 posts ROI 17.85% with from $1,000/mo rent. Total monthly income equals $1,000/mo. Return on cash invested measures 17.85% and rental yield reads 10.04% at the current $119,500. Equity gained on principal adds $771/yr, and 5% annual appreciation supports $33,016 by year five. Five-year ROI prints 95.56% and total cumulative return in cash totals $37,854. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,000/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1974
4,356 sqft lot
$N/A/sqft
$3,420 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30038, Lithonia, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,010 (100%) |
| Owner Occupied HU | 10,302 (57.2%) |
| Renter Occupied HU | 6,779 (37.6%) |
| Vacant Housing Units | 929 ( 5.2%) |
| Median Home Value | $323,933 |
| Average Home Value | $354,864 |
Housing Distribution
Address Breakdown
Residential
17,475
Single Family
14,223
Multi-Family
3,252
Businesses
554
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Listed by: De'Etra Moore • DJM Diamond Realty, Inc
Mls Name: GAMLS
Mls Provider:
Mls ID: #10527035
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.