6621 Manoleta Dr Lithonia, GA 30038 For Sale

  • $99,900
  • 3 beds
  • 2 baths
  • 2211 sqft

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Transaction Highlights

Opportunity Description

The contract for 6621 Manoleta DR Lithonia, GA 30038 offers fantastic return opportunities for landlord and rehab investors!

Rehab investors can potentially earn cash-on-cash returns of almost 33% or greater with the contract for this property. Dated homes requiring significant updates like 6619 Mohave Ct have sold for $155,000 with other nearby homes requiring work selling for as much as $170,000 or more. This implies a fully fixed up home could sell for $180,000 or more.

Landlord investors can expect rents of $1,300 or more like the current tenant is paying, generating substantial positive cash flow. At this rental rate, landlords would earn cash-on-cash returns in excess of 12%! Keeping the existing tenant in place could push your returns even higher by lowering your vacancy rates.

Don’t lose out on this opportunity to secure the lowest cost, best value property in the neighborhood making this a winning investment property! RSVP For our one and only inspection on Wednesday, October 10th at 1 PM ET.

Note: this property is tenant occupied.

Submit An Offer | Ask A Question | Inspection RSVP

Price:
$99,900
Address:
6621 Manoleta Dr
Lithonia, GA 30038
Square Feet:
2211
Lot Size:
21780
Bedrooms:
3
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1972

Call 404-800-9782 for more details

Property Location

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