14 October AveNewnanGA30265
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 14 October Ave, Newnan, GA, 30265 generates $3,112/mo in rent and, after a $1,958/mo payment, leaves $568/mo in cash flow. Total monthly income is $3,112/mo, and annual cash flow is $6,810/yr on $132,600 invested. Return on cash invested sits at 25.04% in year one, and rental yield is 9.34% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 130.62% and total cumulative return in cash sums $173,200. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,112/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
8,285 sqft lot
$N/A/sqft
$450 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: Jonathan Godair • Mainstay Brokerage LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7436493
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