62 Place FontaineLithoniaGA30038
Nearby investment properties with comparable rents
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 62 Place Fontaine, Lithonia, GA, 30038 at $125,000 posts ROI 16.72% with from $981/mo rent. Total monthly income equals $981/mo. Return on cash invested measures 16.72% and rental yield reads 9.42% at the current $125,000. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 by year five. Five-year ROI prints 89.24% and total cumulative return in cash totals $36,977. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $981/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1971
26 sqft lot
$N/A/sqft
$270 monthly 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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Nearby investment properties with comparable prices
Listed by: Sivan Amrani • Chapman Hall Realtors
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7530224
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