11 Rockridge DrNewnanGA30265
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Newnan at 11 Rockridge Dr, Newnan, GA, 30265 priced at $530,000 pairs $3,746/mo rent with $464/mo cash flow after a $2,594/mo payment. Total monthly income equals $3,746/mo, and annual cash flow comes to $5,574/yr on $174,370 invested. Return on cash invested is 23.26% in year one, and rental yield stands at 8.48% on a $530,000 basis. Equity gained on principal adds $3,420/yr, and 5% annual appreciation accumulates to $146,429 by year five. Five-year ROI measures 120.77% and total cumulative return in cash reaches $210,595. For financing, Ziffy Mortgage’s DSCR program evaluates $3,746/mo property income against a $2,594/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
0.25 Acres lot
$N/A/sqft
$475 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30265, Newnan, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,724 (100%) |
| Owner Occupied HU | 11,120 (70.7%) |
| Renter Occupied HU | 3,842 (24.4%) |
| Vacant Housing Units | 762 ( 4.8%) |
| Median Home Value | $359,166 |
| Average Home Value | $393,740 |
Housing Distribution
Address Breakdown
Residential
15,001
Single Family
13,488
Multi-Family
1,513
Businesses
994
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Listed by: Keesha Dabney • Virtual Properties Realty.com
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7501611
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