15 Davis StNewnanGA30263
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 15 Davis St, Newnan, GA, 30263 in Newnan is listed at $109,000 and delivers $1,139/mo in rent and $476/mo in net monthly cash flow. The 12.54% yield and 2.32 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $30,115 over five years, and $1,004/yr in principal reduction supplements cash return. Total projected cumulative return: $71,949.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.5% | 6.2% |
| Monthly Cash Flow | $476 | $450 |
City averages based on Newnan market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,139 |
| Total Monthly Debt Service | $620 |
| DSCR Ratio | 1.84x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 2001
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30263, Newnan, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,277 (100%) |
| Owner Occupied HU | 15,885 (60.5%) |
| Renter Occupied HU | 8,981 (34.2%) |
| Vacant Housing Units | 1,411 ( 5.4%) |
| Median Home Value | $344,777 |
| Average Home Value | $386,235 |
Housing Distribution
Address Breakdown
Residential
24,261
Single Family
21,808
Multi-Family
2,453
Businesses
1,466
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
Multi Family
Built in 2001
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30263, Newnan, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,277 (100%) |
| Owner Occupied HU | 15,885 (60.5%) |
| Renter Occupied HU | 8,981 (34.2%) |
| Vacant Housing Units | 1,411 ( 5.4%) |
| Median Home Value | $344,777 |
| Average Home Value | $386,235 |
Housing Distribution
Address Breakdown
Residential
24,261
Single Family
21,808
Multi-Family
2,453
Businesses
1,466
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices