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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 2972 Parc Lorraine, Lithonia, GA, 30038 listed at $123,000 pairs $1,615/mo rent with a $602/mo payment to leave $581/mo cash flow. Total monthly income runs $1,615/mo, and annual cash flow reaches $6,977/yr on $40,775 cash to close. Return on cash invested measures 37.02% in year one, and rental yield registers 15.76% at a $123,000 basis. Equity gained on principal adds $794/yr, and annual property appreciation at 5% supports $33,983 by year five. Five-year ROI tracks 197.6% and total cumulative return in cash totals $80,569. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,615/mo property income relative to a $602/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1974
1,803 sqft lot
$N/A/sqft
$285 monthly 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 |
|---|---|---|
| 2025-10-17 | Listing removed | $110,000 |
| 2025-09-02 | Price change | $110,000 |
| 2025-08-08 | Price change | $115,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-03 | N/A | N/A | $49,200 | 167.39% |
| 2023-11-03 | $861.48 | 33.39% | $18,400 | -39.79% |
| 2022-11-03 | $645.84 | 216.40% | $30,560 | 81.04% |
Listed by: Paul Almonte • Turnkey Realty
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7225150
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