2934 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 2934 Parc Lorraine, Lithonia, GA, 30038 earns $906/mo cash flow from $1,686/mo rent with a $590/mo payment. Total monthly income totals $1,686/mo, and annual cash flow totals $10,867/yr on $39,979 capital. ROI tracks 47.09% on current figures, and rental yield reads 16.78% at a $120,600 purchase. Equity gained on principal adds $778/yr, and 5% annual appreciation supports $33,320 over five years. Five-year ROI reaches 249.02% and total cumulative return in cash sums $99,556. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,686/mo property income instead of your personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No 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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