6411 Rockland Rd #1LithoniaGA30038
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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 Lithonia at 6411 Rockland Rd #1, Lithonia, GA, 30038 generates $0/mo in rent, after a $489/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.11% in year one, and rental yield is 0% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Lot
Built in 2012
1 Acres lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-06 | Listed for sale | $100,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: VacantLand
- Year Built: 2012
- Architectural Style: Other
- Building Area: N/A
- Living Area: N/A
- Property Condition: Resale
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: No Dock
- Parking Features: N/A
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: None
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: Paved
School Information
- Elementary School: Murphey Candler
- Middle School: Lithonia
- High School: Lithonia
Listed by: Ololade Majolagbe • Maximum One Greater Atlanta Realtors
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7433611
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