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  Lithonia, GA 30038
  • 3 Beds
  • 2 Baths
  • 1,476 Sq. Ft
  • Built In 1998
Sold
$79,900
Current Rent
$939 /mo
  • Currently Cash-Flowing
  • • Institutionally Renovated and Maintained
  • • Professionally Screened Tenant

Financial Performance

Gross Yield

14.10%

based on an annual rent of $11,268.00 divided by the offer price of $79,900.00.

Net Yield

8.23%

based on a yearly adjusted income of $10,400.36 minus the total annual expense of $3,828.19 divided by the offer price of $79,900.00.

Cash Flow

$6,572

based on a yearly adjusted income of $10,400.36 minus the total annual expense of $3,828.19 and yearly mortgage expense.

Home Details

3 Bedroom, 2 bathroom single family home, 1476 s.f. built in 1998, current lease $939/month, expires June 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: 1998
  • square footage SqFt: 1,476
  • price per square foot Price/SqFt: $54
  • bedrooms Bed: 3
  • bathrooms Bath: 2
  • property type Type:   Single Family
  • county County: Dekalb
  Lithonia, GA 30038
  • 3 Beds
  • 2 Baths
  • 1,476 Sq. Ft
  • Built In 1998
Sold
$79,900
Current Rent
$939 /mo

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

14.10%

based on an annual rent of $11,268.00 divided by the offer price of $79,900.00.

Net Yield

8.23%

based on a yearly adjusted income of $10,400.36 minus the total annual expense of $3,828.19 divided by the offer price of $79,900.00.

Cash Flow

$6,572

based on a yearly adjusted income of $10,400.36 minus the total annual expense of $3,828.19 and yearly mortgage expense.

Home Details

3 Bedroom, 2 bathroom single family home, 1476 s.f. built in 1998, current lease $939/month, expires June 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: 1998
  • square footage SqFt: 1,476
  • price per square foot Price/SqFt: $54
  • bedrooms Bed: 3
  • bathrooms Bath: 2
  • 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 $939/mo
Current Rent $939/mo
VS
0.5 mi Radius $1,050/mo
Zip Code Median $1,085/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: 4759 Klondike Dr Lithonia GA 30038 1,494 0.19 $1,005
B: 6200 Klondike River Rd Lithonia GA 30038 1,510 0.15 $1,045
C: 6255 Klondike River Rd Lithonia GA 30038 1,356 0.22 $1,000
D: 4578 Post Ridge Ln Lithonia GA 30038 1,473 0.18 $995
E: 6203 Klondike River Rd Lithonia GA 30038 1,440 0.19 $995
View more comparables >
F: 4609 Post Ridge Ln Lithonia GA 30038 1,527 0.2 $995
G: 4498 Latchwood Dr Lithonia GA 30038 1,527 0.34 $1,000
H: 6334 Forester Way Lithonia GA 30038 1,249 0.25 $990
I: 4579 Jackam Ridge Ct Lithonia GA 30038 1,575 0.28 $1,050
J: 6195 Idlewood Cir Lithonia GA 30038 1,680 0.34 $1,050