4111 Spencer TrlLithoniaGA30038
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Nearby investment properties with comparable prices
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 4111 Spencer Trl, Lithonia, GA, 30038 earns $233/mo cash flow from $2,996/mo rent with a $2,172/mo payment. Total monthly income totals $2,996/mo, and annual cash flow totals $2,793/yr on $147,100 capital. ROI tracks 21.81% on current figures, and rental yield reads 8.1% at a $443,740 purchase. Equity gained on principal adds $2,863/yr, and 5% annual appreciation supports $122,597 over five years. Five-year ROI reaches 113.07% and total cumulative return in cash sums $166,328. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,996/mo property income instead of your personal income.
Single Family
Built in 2023
0.25 Acres lot
$N/A/sqft
$750 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: Jill White • D.R. Horton Realty of GA Inc.
Mls Name: GAMLS
Mls Provider:
Mls ID: #10347532
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 2024 GAMLS. All rights reserved.