Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Newnan at 115 Lora Smith Rd, Newnan, GA, 30265 with 5% annual appreciation on a $385,000 basis while $2,828/mo rent supports operations. Total monthly income totals $2,828/mo and a $1,884/mo payment preserves $446/mo for cash returns. Annual cash flow comes to $5,353/yr on $127,628 deployed, and return on cash invested reaches 24.1% in year one. Equity gained on principal adds $2,484/yr, and five-year appreciation sums $106,368 alongside rental yield of 8.81%. Five-year ROI measures 125.35% and total cumulative return in cash totals $159,982.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,828/mo property income versus a $1,884/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1994
1.41 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30265, Newnan, GA area.
| 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 |
Residential
15,001
Single Family
13,488
Multi-Family
1,513
Businesses
994
Date | Event | Price |
|---|---|---|
| 2024-10-02 | Listed for sale | $385,000 |
| 2016-09-21 | Listing removed | $215,000 |
| 2016-06-06 | Sold | $212,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-18 | $3666.82 | 25.73% | $146,904 | 34.83% |
| 2022-10-18 | $2916.41 | 34.18% | $108,957 | 35.86% |
| 2021-10-18 | $2173.46 | N/A | $80,200 | N/A |
Listed by: Joann M. Bennett • Southern Classic Realtors
Mls Name: GAMLS
Mls Provider:
Mls ID: #10388450
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.
