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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 6347 Princeton Ridge Dr, Lithonia, GA, 30058 generates $2,464/mo in rent and, after a $1,346/mo payment, leaves $790/mo in cash flow. Total monthly income is $2,464/mo, and annual cash flow is $9,483/yr on $91,163 invested. Return on cash invested sits at 30.31% in year one, and rental yield is 10.75% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 158.51% and total cumulative return in cash sums $144,503. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,464/mo property income rather than buyer’s personal income.
Townhouse
Built in 2021
871.20 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Denise Edwards • EXP Realty, LLC.
Mls Name: FMLS GA
Mls ID: #7660797
