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  Lithonia, GA 30058
  • 3 Beds
  • 2.5 Baths
  • 1,418 Sq. Ft
  • Built In 1987
Sold
$71,000
Current Rent
$860 /mo
  • Currently Cash-Flowing
  • • Institutionally Renovated and Maintained
  • • Professionally Screened Tenant

Financial Performance

Gross Yield

14.54%

based on an annual rent of $10,320.00 divided by the offer price of $71,000.00.

Net Yield

8.53%

based on a yearly adjusted income of $9,525.36 minus the total annual expense of $3,467.17 divided by the offer price of $71,000.00.

Cash Flow

$6,058

based on a yearly adjusted income of $9,525.36 minus the total annual expense of $3,467.17 and yearly mortgage expense.

Home Details

3 Bedroom, 2.5 bathroom single family home, 1418 s.f. built in 1987, current lease $860/month, expires November 2016. Listing Broker and Seller assume no responsibility and make no guarantees, representations, warranties (express, implied or otherwise) as to the availability or accuracy of information contained herein. Cash or Cash equivalent, curb offers only, do not disturb tenants. Offers must be submitted directly to InvestabilityOffers@altisource.com.
Features

  • listed date Listed Date: May 6, 2016
  • year built Year built: 1987
  • square footage SqFt: 1,418
  • price per square foot Price/SqFt: $50
  • bedrooms Bed: 3
  • bathrooms Bath: 2.5
  • property type Type:   Single Family
  • county County: Dekalb
  Lithonia, GA 30058
  • 3 Beds
  • 2.5 Baths
  • 1,418 Sq. Ft
  • Built In 1987
Sold
$71,000
Current Rent
$860 /mo

  • Currently Cash-Flowing
  • • Institutionally Renovated and Maintained
  • • Professionally Screened Tenant
Gross Yield

14.54%

based on an annual rent of $10,320.00 divided by the offer price of $71,000.00.

Net Yield

8.53%

based on a yearly adjusted income of $9,525.36 minus the total annual expense of $3,467.17 divided by the offer price of $71,000.00.

Cash Flow

$6,058

based on a yearly adjusted income of $9,525.36 minus the total annual expense of $3,467.17 and yearly mortgage expense.

Home Details

3 Bedroom, 2.5 bathroom single family home, 1418 s.f. built in 1987, current lease $860/month, expires November 2016. Listing Broker and Seller assume no responsibility and make no guarantees, representations, warranties (express, implied or otherwise) as to the availability or accuracy of information contained herein. Cash or Cash equivalent, curb offers only, do not disturb tenants. Offers must be submitted directly to InvestabilityOffers@altisource.com.
Features

  • listed date Listed Date: May 6, 2016
  • property type Type:   Single Family
  • year built Year built: 1987
  • square footage SqFt: 1,418
  • price per square foot Price/SqFt: $50
  • bedrooms Bed: 3
  • bathrooms Bath: 2.5
  • county County: Dekalb
Documents

Rental Benchmark

Rental benchmark is an examination of all rental prices within a 0.5 mi radius of this property.

Current Rent $860/mo
Current Rent $860/mo
VS
0.5 mi Radius $975/mo
Zip Code Median $1,076/mo
Section 8 $1,299/mo
Powered by The Most Trusted name in Rental Data

Rental Comparables

* All homes are Single Family homes with 3 Bedrooms

ADDRESS SQFT DIST RENT
A: 6138 Raintree Bnd Lithonia GA 30058 1,504 0.11 $995
B: 6151 Raintree Bnd Lithonia GA 30058 1,829 0.07 $1,000
C: 6199 Saint Charles Ct Lithonia GA 30058 1,352 0.14 $945
D: 6078 Raintree Bnd Lithonia GA 30058 1,388 0.15 $1,000
E: 2138 Tiffany Trl Lithonia GA 30058 1,400 0.34 $985
View more comparables >
F: 6253 Marbut Farms Rd Lithonia GA 30058 1,446 0.3 $950
G: 6161 Hyde Park Ln Lithonia GA 30058 1,522 0.2 $1,000
H: 6166 Saint Charles Ct Lithonia GA 30058 1,248 0.08 $900
I: 6129 Marbut Farms Chase Lithonia GA 30058 1,594 0.25 $995
J: 6098 Marbut Rd Lithonia GA 30058 1,829 0.09 $1,025