120 Scenic Hills 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 120 Scenic Hills Dr, Newnan, GA, 30265 priced at $355,000 pairs $2,418/mo rent with $198/mo cash flow after a $1,738/mo payment. Total monthly income equals $2,418/mo, and annual cash flow comes to $2,381/yr on $117,683 invested. Return on cash invested is 21.93% in year one, and rental yield stands at 8.17% on a $355,000 basis. Equity gained on principal adds $2,291/yr, and 5% annual appreciation accumulates to $98,080 by year five. Five-year ROI measures 113.8% and total cumulative return in cash reaches $133,920. For financing, Ziffy Mortgage’s DSCR program evaluates $2,418/mo property income against a $1,738/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
6,708 sqft lot
$N/A/sqft
$600 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: Mark Spain • Mark Spain Real Estate
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7393968
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