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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% |
Rental property for sale in Lithonia at 5953 Giles Rd, Lithonia, GA, 30058 priced at $218,405 pairs $3,234/mo rent with $1,697/mo cash flow after a $1,069/mo payment. Total monthly income equals $3,234/mo, and annual cash flow comes to $20,365/yr on $72,401 invested. Return on cash invested is 48.04% in year one, and rental yield stands at 17.77% on a $218,405 basis. Equity gained on principal adds $1,409/yr, and 5% annual appreciation accumulates to $60,341 by year five. Five-year ROI measures 254.85% and total cumulative return in cash reaches $184,514. For financing, Ziffy Mortgage’s DSCR program evaluates $3,234/mo property income against a $1,069/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30058, Lithonia, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,209 (100%) |
| Owner Occupied HU | 13,725 (56.7%) |
| Renter Occupied HU | 9,216 (38.1%) |
| Vacant Housing Units | 1,268 ( 5.2%) |
| Median Home Value | $278,543 |
| Average Home Value | $331,519 |
Residential
22,606
Single Family
19,921
Multi-Family
2,685
Businesses
1,390
Date | Event | Price |
|---|---|---|
| 2024-08-30 | Pending sale | $218,405 |
| 2024-08-05 | Price change | $218,405 |
| 2024-07-13 | Price change | $229,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-14 | $4304.58 | 19.86% | $89,280 | 20.78% |
| 2022-09-14 | $3591.34 | 16.72% | $73,920 | 18.84% |
| 2021-09-14 | $3076.96 | 31.12% | $62,200 | 36.52% |
Listed by: Elena Gist • Keller Williams Buckhead
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7412916
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