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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Lithonia at 692 Shore Dr, Lithonia, GA, 30058 priced at $200,000 pairs $1,413/mo rent with $196/mo cash flow after a $979/mo payment. Total monthly income equals $1,413/mo, and annual cash flow comes to $2,348/yr on $66,300 invested. Return on cash invested is 23.45% in year one, and rental yield stands at 8.48% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 121.71% and total cumulative return in cash reaches $80,696. For financing, Ziffy Mortgage’s DSCR program evaluates $1,413/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1994
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30058, Lithonia, GA area.
| 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 |
Residential
22,606
Single Family
19,921
Multi-Family
2,685
Businesses
1,390
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kieristin Rainey • HomeRiver Group
Mls Name: FMLS GA
Mls ID: #7689652
