8585 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 8585 Preakness Pass, Lithonia, GA, 30058 generates $2,674/mo in rent and, after a $1,839/mo payment, leaves $387/mo in cash flow. Total monthly income is $2,674/mo, and annual cash flow is $4,646/yr on $124,574 invested. Return on cash invested sits at 23.64% in year one, and rental yield is 8.54% on a $375,790 entry. Equity gained on principal adds $2,425/yr, while 5% annual appreciation builds toward $103,824 over five years. Five-year ROI reaches 122.73% and total cumulative return in cash sums $152,891. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,674/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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