6488 Charter WayLithoniaGA30058
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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 6488 Charter Way, Lithonia, GA, 30058 listed at $191,500 pairs $2,060/mo rent with a $937/mo payment to leave $814/mo cash flow. Total monthly income runs $2,060/mo, and annual cash flow reaches $9,772/yr on $63,482 cash to close. Return on cash invested measures 35.3% in year one, and rental yield registers 12.91% at a $191,500 basis. Equity gained on principal adds $1,236/yr, and annual property appreciation at 5% supports $52,908 by year five. Five-year ROI tracks 185.86% and total cumulative return in cash totals $117,987. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,060/mo property income relative to a $937/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1997
4,792 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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