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4555 Moon Valley Lane Lithonia, GA 30038

4 Beds 3 Baths 1,657 sqft Built 1994

$219,900

List Price

$1,270

$1.1K - $1.4K

Rent Est.

PROPERTY INFO

November 16, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1994
  • Price/Sqft : $132.71
  • 7 Days on Market
  • MLS # : 6808814
  • Updated Date : 11/17/2020 at 08:00
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,657 sqft
  • Baths : 3 full
Listing Agent's Description

This beautiful home on 4555 Moon Valley Lane is a single family residence located in Lithonia, GA 30038. Built in 1994, this property features 4 bedrooms, 3 bathrooms, 17,424 sq ft lot, and 1,657 sq ft of living space. 3 bedrooms are on the main floor and 1 bedroom is on the lower in-law suite floor with a separate entry, kitchen, bathroom and laundry closet Interior Features: 2-Story Foyer, High Ceilings (9 Feet or More) Main Level, Disappearing Attic Stairs, Hardwood Entry Floor, High-Speed Internet Available, Walk-In Closet(s), Wall-to-Wall Carpet

SEE MORE

MARKET HIGHLIGHTS

  • Atlanta metro's economy is worth $403 billion in Gross Metro Product and projected to grow to $426 billion in 2019 (USMayors.org, 2018)
  • Headquarters to twenty-six Fortune 500 companies: The Home Depot, UPS, Delta Air Lines, The Coca-Cola Company, SunTrust Banks, The Southern Company, AGCO, PulteGroup (Fortune, 2018/ Metro Atlanta Chamber)
  • Atlanta city attracted $1 billion venture capital in 2018. Venture capital flow has resulted in additional employment in technology areas. (USA Today, 2019).
  • #1 World’s Busiest Airport(Airports Council International, 2018)
  • Atlanta metro has 66.1% labor force participation rate higher than the national rate 62.8% (USMayors.org, 2018)
  • #1 corporate relocation city (Coldwell Banker Commercial Blue Book,, 2018)
  • #1 Moving Destination in the Nation (Penske, 2018)
  • Atlanta metro employment growth is at 2.1% and predicted to grow at 2.0% in 2019 (USMayors.org, 2018)
  • As the largest share, Atlanta metro contributes to 69.3% of Georgia state economy i.e. Gross State Product (USMayors.org, 2018)
  • #1 Most affordable big city (WalletHub, 2018)

PRICE & RENT TRENDS

Zip Code: 30038

ZipNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $82k209k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Zip Code: 30038

ZipNIR Market*CityMarket2010Year20002019 Q285090095010001050110011501200125013001350140014501500Rent in $8171509

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Browns Mill Elementary School Primary Regular 712 40 2
Salem Middle School Middle Regular 1,095 68 3
Martin Luther King, Junior High School High Regular 1,668 93 3

Browns Mill Elementary School

  • Education Level: Primary
  • # of students: 712
  • # of teachers: 40
2
GreatSchools Rating

Salem Middle School

  • Education Level: Middle
  • # of students: 1,095
  • # of teachers: 68
3
GreatSchools Rating

Martin Luther King, Junior High School

  • Education Level: High
  • # of students: 1,668
  • # of teachers: 93
3
GreatSchools Rating
 

$197,910$241,890$219,900

PURCHASE PRICE

$1,143$1,397$1,270

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,270
EXPENSES Loan Payment -$811
Property Tax -$319
Property Insurance -$59
Property Management Fees -$119
CASH FLOW
-$38

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 17% of earned rent to cover both maintenance and periods of vacancy.

$219,900

PROJECTED PRICE

$1,270

PROJECTED RENT

0.58%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.05%
Appreciation Year (1-5) 7.9%
Maintenance Year (1-5) 8.00%
Vacancy 8.60%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k$700k

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$64,024

INVESTMENT

$64,024

Down Payment
$54,975
Rehab Estimate
$5,750
Closing Costs
$3,299

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$811

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $54,975
Loan Amount $164,925
See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$4,651

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,270

    LIST RENT
  • $0.77

    LIST RENT PER SQFT
  • $1,280

    COMP ESTIMATED VALUE
  • $0.77

    COMP AVG. RENT PER SQFT
Comps Range
$1,264
1$1,2642$1,2703$1,3004$1,3005$1,495
$1,495
RENT COMPS ANALYSIS
  • 4555 Moon Valley Lane Lithonia, GA 2
    • 4 beds 3 baths ∙ 1,657 Sqft ∙ Built 1994 4 beds 3 baths ∙ 1,657 Sqft ∙ Built 1994
    • Rent
    • Rent Per SQFT
    •  
    • $1,270
    • $0.77
    •  
  • 3641 Londonderry Court Lithonia, GA 1
    • 3 beds 2 baths ∙ 1,612 Sqft ∙ Built 1984 3 beds 2 baths ∙ 1,612 Sqft ∙ Built 1984
    LEASED 02/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,264
    • $0.78
    •  
  • 3631 Sapphire Court Decatur, GA 3
    • 3 beds 3 baths ∙ 1,700 Sqft ∙ Built 1996 3 beds 3 baths ∙ 1,700 Sqft ∙ Built 1996
    LEASED 01/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.76
    •  
  • 4900 Ardsley Drive Lithonia, GA 4
    • 3 beds 3 baths ∙ 1,668 Sqft ∙ Built 1989 3 beds 3 baths ∙ 1,668 Sqft ∙ Built 1989
    LEASED 08/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.78
    •  
  • 4939 Salem Road Lithonia, GA 5
    • 5 beds 3 baths ∙ 1,952 Sqft ∙ Built 1975 5 beds 3 baths ∙ 1,952 Sqft ∙ Built 1975
    LEASED 09/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.77
    •  
PROPERTY LISTING DETAILS
Chijioke Iromuanya
1.516.375.1052
Shakhan King
1.866.250.5610
RentVest Georgia LLC
H-75957
FIrst Multiple Listing Services ( FMLS)
MLS #: 6808814
Last Updated: 11/17/2020
support@investimateroi.com

Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. © 2017 First Multiple Listing Service, Inc.

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