2566 Reagin St, Lithonia, GA 30058
- Almost rent ready – light renovation makes this an easy 1% rent rule!
- 77% of residents in Lithonia are renters. Great community and most people who live there move locally when relocating.
- Healthy market. 2 bedroom median prices are up 31.6% YoY in Lithonia and the average time on market is 27 days!
This one’s a no brainer! Just a mile and a half from I-20 and with MARTA bus stops all around, this condo is well situated and attractive to renters. With just a little bit of TLC, the savvy investor can add this to his or her portfolio of properties for a tidy bit of residual income! With market prices continuing to rise and more demand than supply, rest assured that your investment will continue to increase no matter when you decide to sell!
6522 Wellington Chase Ct, Lithonia, GA 30058 – $188K SOLD in December 2022!
6202 Par Four Way, Lithonia, GA 30038 – $114K SOLD in January
2703 Evans Mill Dr, Lithonia, GA 30058 – $145K SOLD in May
ARV $140K Rental Rates: $1300 – $1500
Offers Start at $75K! Or avoid the hassle and Buy Now for $90K!