2958 Stone Crest LnLithoniaGA30038
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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 Lithonia at 2958 Stone Crest Ln, Lithonia, GA, 30038 priced at $239,900 pairs $1,601/mo rent with $92/mo cash flow after a $1,174/mo payment. Total monthly income equals $1,601/mo, and annual cash flow comes to $1,107/yr on $79,527 invested. Return on cash invested is 21.3% in year one, and rental yield stands at 8.01% on a $239,900 basis. Equity gained on principal adds $1,548/yr, and 5% annual appreciation accumulates to $66,280 by year five. Five-year ROI measures 110.48% and total cumulative return in cash reaches $87,859. For financing, Ziffy Mortgage’s DSCR program evaluates $1,601/mo property income against a $1,174/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2002
10,454 sqft lot
$N/A/sqft
$200 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: Torrence Ford • Re/Max Premier
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7533281
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