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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% |
Investment property for sale in Lithonia at 2960 Fields Dr, Lithonia, GA, 30038 offers a 9.58% rental yield on a $177,000 purchase with $1,413/mo rent. Total monthly income registers $1,413/mo, and a $866/mo payment leaves $336/mo available for distribution. Annual cash flow reaches $4,033/yr on $58,676 to close, and return on cash invested stands at 26.78% in year one. Equity gained on principal adds $1,142/yr while 5% annual appreciation supports $48,902 over five years. Portfolio math shows five-year ROI at 139.64% and total cumulative return in cash at $81,935. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,413/mo property income against a $866/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2005
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30038, Lithonia, GA area.
| 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 |
Residential
17,475
Single Family
14,223
Multi-Family
3,252
Businesses
554
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Courteney Stanton • Fathom Realty GA, LLC
Mls Name: FMLS GA
Mls ID: #7672044
