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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 3630 Londonderry Ct, Lithonia, GA, 30038 listed at $194,900 pairs $2,164/mo rent with a $954/mo payment to leave $804/mo cash flow. Total monthly income runs $2,164/mo, and annual cash flow reaches $9,653/yr on $64,609 cash to close. Return on cash invested measures 34.85% in year one, and rental yield registers 13.32% at a $194,900 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,847 by year five. Five-year ROI tracks 184.03% and total cumulative return in cash totals $118,899. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,164/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
0.80 Acres 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 |
|---|---|---|
| 2024-10-23 | Price change | $194,900 |
| 2024-10-08 | Price change | $204,900 |
| 2024-09-18 | Price change | $219,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-12 | $3696.76 | 1.86% | $74,320 | N/A |
| 2022-11-12 | $3629.30 | 10.94% | $74,320 | 14.06% |
| 2021-11-12 | $3271.30 | 26.56% | $65,160 | 29.59% |
Listed by: Natalie Crockett • Covenant Properties Realty
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7392547
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