6435 E Glen RdLithoniaGA30038
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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
Investment property for sale in Lithonia at 6435 E Glen Rd, Lithonia, GA, 30038 offers a 8.54% rental yield on a $215,000 purchase with $1,530/mo rent. Total monthly income registers $1,530/mo, and a $1,052/mo payment leaves $5/mo available for distribution. Annual cash flow reaches $60/yr on $71,273 to close, and return on cash invested stands at 19.99% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 104.47% and total cumulative return in cash at $74,461. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,530/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
0.92 Acres lot
$N/A/sqft
No 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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Listed by: Lacey Moldow • Atlanta Fine Homes Sotheby's International
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7555030
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