3201 Fairington DrLithoniaGA30038
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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 3201 Fairington Dr, Lithonia, GA, 30038 listed at $101,800 pairs $798/mo rent with a $498/mo payment. Total monthly income runs $798/mo. Return on cash invested measures 19.15% in year one, and rental yield registers 9.41% at a $101,800 basis. Equity gained on principal adds $657/yr, and annual property appreciation at 5% supports $28,125 by year five. Five-year ROI tracks 101.29% and total cumulative return in cash totals $34,181. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $798/mo property income relative to a $498/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2003
1,306 sqft lot
$N/A/sqft
$2,400 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: Anhad Chawla • Homesmart Realty Partners
Mls Name: GAMLS
Mls Provider:
Mls ID: #10567716
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.