6424 W Charter WayLithoniaGA30058
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
Rental property for sale in Lithonia at 6424 W Charter Way, Lithonia, GA, 30058 priced at $149,999 pairs $1,245/mo rent with $332/mo cash flow after a $734/mo payment. Total monthly income equals $1,245/mo, and annual cash flow comes to $3,987/yr on $49,725 invested. Return on cash invested is 27.93% in year one, and rental yield stands at 9.96% on a $149,999 basis. Equity gained on principal adds $968/yr, and 5% annual appreciation accumulates to $41,442 by year five. Five-year ROI measures 145.8% and total cumulative return in cash reaches $72,498. For financing, Ziffy Mortgage’s DSCR program evaluates $1,245/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1992
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30058, Lithonia, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
22,606
Single Family
19,921
Multi-Family
2,685
Businesses
1,390
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Listed by: Pat Aiken • BHGRE Metro Brokers
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7520480
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