6477 Joanna StLithia SpringsGA30122
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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 Lithia Springs at 6477 Joanna St, Lithia Springs, GA, 30122 listed at $309,900 pairs $2,102/mo rent with a $1,517/mo payment to leave $216/mo cash flow. Total monthly income runs $2,102/mo, and annual cash flow reaches $2,588/yr on $102,732 cash to close. Return on cash invested measures 22.43% in year one, and rental yield registers 8.14% at a $309,900 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,620 by year five. Five-year ROI tracks 116.24% and total cumulative return in cash totals $119,412. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,102/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1963
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30122, Lithia Springs, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,610 (100%) |
| Owner Occupied HU | 5,133 (44.2%) |
| Renter Occupied HU | 5,507 (47.4%) |
| Vacant Housing Units | 970 ( 8.4%) |
| Median Home Value | $295,031 |
| Average Home Value | $294,237 |
Housing Distribution
Address Breakdown
Residential
10,479
Single Family
6,447
Multi-Family
4,032
Businesses
1,002
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Listed by: Tara Kearney • Porch Property Group, LLC
Mls Name: GAMLS
Mls ID: #10586224