3245 W Anderson DrLithia SpringsGA30122
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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 Lithia Springs at 3245 W Anderson Dr, Lithia Springs, GA, 30122 priced at $328,900 pairs $2,311/mo rent with $157/mo cash flow after a $1,610/mo payment. Total monthly income equals $2,311/mo, and annual cash flow comes to $1,890/yr on $109,030 invested. Return on cash invested is 21.64% in year one, and rental yield stands at 8.43% on a $328,900 basis. Equity gained on principal adds $2,122/yr, and 5% annual appreciation accumulates to $90,869 by year five. Five-year ROI measures 112.63% and total cumulative return in cash reaches $122,797. For financing, Ziffy Mortgage’s DSCR program evaluates $2,311/mo property income against a $1,610/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30122, Lithia Springs, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,610 (100%) |
| Owner Occupied HU | 5,133 (44.2%) |
| Renter Occupied HU | 5,507 (47.4%) |
| Vacant Housing Units | 970 ( 8.4%) |
| Median Home Value | $295,031 |
| Average Home Value | $294,237 |
Housing Distribution
Address Breakdown
Residential
10,479
Single Family
6,447
Multi-Family
4,032
Businesses
1,002
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Listed by: Brian Brockman • Bang Realty
Mls Name: My State MLS
Mls ID: #11471741