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List Price $117,000
Units 1
Price / Unit $117,000

High-demand multifamily opportunity in Lithonia, GA

Properties with strong cash flow potential in this market typically receive multiple offers quickly.

13202 Fairington Ridge Circle Lithonia, GA 30038
FMLS Data last updated: July 7, 2026 at 3:42 PM
✓ FMLS Listing • Investor Analyzed
PROPERTY DESCRIPTION
Investor Alert! Turnkey 3-bedroom, 2-bath condominium in a highly sought-after community with strong rental demand and immediate cash flow. A tenant is already in place through August 2027, paying $1,525 per month, making this a true income-producing investment from day one. This move-in-ready unit features no carpet, has passed inspection for housing voucher participants, and offers low-maintenance living. The $200/month HOA** covers exterior maintenance and trash service, making ownership even easier. Don't miss this opportunity to add a stable, cash-flowing property to your investment portfolio!
Investment Context for Lithonia Multifamily:
  • Located in the Lithonia, GA area with access to regional employment centers
  • Typical value-add potential through professional management and improvements
  • Multifamily rental demand varies by submarket — local verification recommended
  • Cash flow performance depends on occupancy, expenses, and market conditions
PROFESSIONAL INVESTMENT ANALYSIS

Modeled using FMLS data + Atlanta market benchmarks

Price per Unit $117,000 Verified
Est. Cap Rate 📊 Cap Rate Modeled
Est. Gross Income 📊 Gross Modeled
Est. NOI Estimated
Est. Year 1 Cash Flow after estimated debt service 📊 Cash Flow Modeled
✅ Confidence scores included ✅ Latest FMLS data ✅ Transparent modeling
CASH FLOW PROJECTION TOOL

Adjust assumptions to see personalized 5-year projections (Using market-based estimate)

Year 1 NOI $0
Year 1 Cash Flow $0
Year 1 Cash-on-Cash 0%
Est. Year 5 Property Value $0
Total 5-Year Cash Flow $0
* These are estimates based on available listing data and Atlanta metro market benchmarks. Detailed seller financials were not provided, so NOI was modeled conservatively. Always verify all numbers independently and consult your own professionals before making investment decisions.
SIMILAR INVESTMENT OPPORTUNITIES

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IMPORTANT INVESTMENT DISCLAIMER
Important Investment Information

All financial estimates (NOI, Cap Rate, Cash Flow, Year 5 projections, etc.) are modeled using Atlanta metro market benchmarks combined with available FMLS listing data.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7800385 • Listing courtesy of EXP Realty, LLC., Aljokita Dixon • 888-959-9461

IDX Information Provided by Jeff Crowe • jeffcrowe@c21theavenues.com
FMLS • Updated Daily • Investor Analyzed