4 Willowick 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
Rental property for sale in Lithonia at 4 Willowick Dr, Lithonia, GA, 30038 priced at $114,900 converts $1,879/mo rent into $1,180/mo cash flow after a $562/mo obligation. Total monthly income equals $1,879/mo, and annual cash flow totals $14,161/yr on $38,089 invested. Return on cash invested prints 57.09% in year one, and rental yield reads 19.62% against a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation compiles into $31,745 by year five. Five-year ROI reaches 302.2% and total cumulative return in cash sums $115,106. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,879/mo property income covering a $562/mo payment, not borrower’s personal income.
Townhouse
Built in 1972
871.20 sqft lot
$N/A/sqft
No 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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