8583 Preakness PassLithoniaGA30058
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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
Rental property for sale in Lithonia at 8583 Preakness Pass, Lithonia, GA, 30058 generates $2,202/mo in rent, after a $1,802/mo payment. Total monthly income is $2,202/mo. Return on cash invested sits at 19.53% in year one, and rental yield is 7.18% on a $368,090 entry. Equity gained on principal adds $2,375/yr, while 5% annual appreciation builds toward $101,696 over five years. Five-year ROI reaches 100.69% and total cumulative return in cash sums $122,861. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,202/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.25 Acres 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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