$219,900 · LITHONIA, GA 30058
Works for flippers · Low return for landlords

Sold

$219,900Asking price

4 bd · 2.5 ba · 2,854 sq ft · built 1989

LITHONIA, GA 30058

No contract on file

via InvestorLift Classic

4 views · listed Nov 3

Works for flippers

Low return for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $350,000
Asking price: −$219,900
RepairsThe seller’s figure. Ours: $35,500 – $74,000: −$45,000
Loan, holding, closing20% down, 12% interest, 2 points, 78 days: −$25,127
Profit17.1% of ARV · flippers want 10%+: $59,973
Works

Works for a flipper up to $243,000.

DIRTY PROPERTIES

Joshua Shifrin

No reviews yet

Comps

Sales

Rents

ARV $350,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $272,000.

The sales behind this value are shown to members.

ARV $350,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

DIRTY PROPERTIES

Joshua Shifrin

No reviews yet

Seller Description

Lithonia Spacious 4BD | First-Floor Master Suite + Private Bath | $224K | $350K ARV

Spacious 4-bedroom, 2.5-bathroom home in Lithonia's established Greystone community, offering over 2,800 sqft of living space on a 0.21-acre cul-de-sac lot. Featuring a first-floor master bedroom with private master bathroom, a generous interior layout, and convenient access to shopping, parks, and major commuter routes, this property presents an attractive investment opportunity with strong resale potential in DeKalb County.

Property Highlights

4 Bedrooms / 2.5 Bathrooms
First-Floor Master Bedroom with Private Master Bathroom
2,854 SqFt
0.21 Acre Lot
Single-Family Home
Located in Greystone Community
Cul-de-Sac Location
Spacious Interior Layout
Desirable 4-Bedroom Configuration
Estimated Reno: $45,000
Buy Now: $224,000
ARV: $350,000

Neighborhood Highlights

Located in Greystone, an established residential community in Lithonia, DeKalb County, offering a suburban setting with convenient access to everyday amenities
Convenient to The Mall at Stonecrest, featuring major retailers, restaurants, shopping, and entertainment
Near the New Black Wall Street Market, featuring over 100 indoor shops, restaurants, and community events supporting local businesses
Close to Rock Chapel Park, offering open green spaces, sports fields, and outdoor recreation
Within driving distance of Davidson-Arabia Mountain Nature Preserve, a 2,500-acre natural area featuring scenic granite landscapes, hiking trails, paved cycling paths, and lakes
Convenient access to Highway 124 (Turner Hill Road) and I-20 for commuting toward Downtown Atlanta and surrounding employment centers
Nearby public schools include Princeton Elementary, Stephenson Middle, and Stephenson High School, subject to current school zoning
Established residential setting with access to local shopping, dining, parks, and recreational amenities

Call/Text Joshua Shifrin — 917-767-7675 for access or questions.

Disclaimer

Broker participation is welcome at 3% on top of the buy now price. READY TO SETTLE - 2 weeks to close Selling “as-is.” Buyer is responsible for all closing costs and title insurance. Firm on price: Any offer below asking will not be considered. Cash or Hard Money Loans Only! Strongly prefer Merino and Associates as the title company. Permits have been pulled and closed for the addition.