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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 3304 Par Three Way, Lithonia, GA, 30038 uses $46,377 cash to close to unlock $8,255/yr annual cash flow and $688/mo monthly cash flow. Total monthly income runs $1,831/mo, and a $685/mo payment keeps the spread at $688/mo. Purchase price stands at $139,900, and rental yield measures 15.71% with $1,831/mo rent. Return on cash invested shows 37.71% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 200.87% and total cumulative return in cash records $93,159. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,831/mo property income covering a $685/mo payment rather than investor’s personal income.
Condo
Built in 2003
1,210 sqft lot
$N/A/sqft
$200 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 |
|---|---|---|
| 2024-09-11 | Price change | $139,900 |
| 2024-08-22 | Price change | $140,000 |
| 2024-08-01 | Price change | $142,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-12 | $2258.56 | 38.50% | $50,000 | 36.76% |
| 2022-11-12 | $1630.78 | 35.44% | $36,560 | 38.28% |
| 2021-11-12 | $1204.10 | 0.84% | $26,440 | -0.15% |
Listed by: Tyler Hardie • EXP Realty, LLC.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7440455
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