6197 Union Grove RdLithia SpringsGA30122
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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 Lithia Springs at 6197 Union Grove Rd, Lithia Springs, GA, 30122 priced at $250,000 converts $1,717/mo rent into $195/mo cash flow after a $1,224/mo obligation. Total monthly income equals $1,717/mo, and annual cash flow totals $2,341/yr on $82,875 invested. Return on cash invested prints 22.73% in year one, and rental yield reads 8.24% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 117.91% and total cumulative return in cash sums $97,714. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,717/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Single Family
Built in 1958
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30122, Lithia Springs, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,610 (100%) |
| Owner Occupied HU | 5,133 (44.2%) |
| Renter Occupied HU | 5,507 (47.4%) |
| Vacant Housing Units | 970 ( 8.4%) |
| Median Home Value | $295,031 |
| Average Home Value | $294,237 |
Housing Distribution
Address Breakdown
Residential
10,479
Single Family
6,447
Multi-Family
4,032
Businesses
1,002
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Listed by: Aldo Solano • Century 21 Connect Realty
Mls Name: GAMLS
Mls ID: #10676874