7104 Miller 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 7104 Miller St, Lithia Springs, GA, 30122 uses $65,969 cash to close to unlock $8,866/yr annual cash flow and $739/mo monthly cash flow. Total monthly income runs $1,950/mo, and a $974/mo payment keeps the spread at $739/mo. Purchase price stands at $199,000, and rental yield measures 11.76% with $1,950/mo rent. Return on cash invested shows 33.35% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 174.78% and total cumulative return in cash records $115,302. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,950/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.46 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: Jessica Womble • Keller Williams Realty Atl Partners
Mls Name: FMLS GA
Mls ID: #7670678