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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 15 E Gordon Rd, Newnan, GA, 30263 at $215,000 posts ROI 29.62% with $577/mo cash flow from $1,885/mo rent. Total monthly income equals $1,885/mo, and annual cash flow records $6,921/yr on $71,273 to close. Return on cash invested measures 29.62% and rental yield reads 10.52% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 154.78% and total cumulative return in cash totals $110,317.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,885/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30263, Newnan, GA area.
| 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 |
Residential
24,261
Single Family
21,808
Multi-Family
2,453
Businesses
1,466
Date | Event | Price |
|---|---|---|
| 2024-09-16 | Price change | $215,000 |
| 2024-09-07 | Price change | $225,000 |
| 2024-09-02 | Listed for sale | $235,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-18 | $463.95 | 10.32% | $63,442 | 14.40% |
| 2022-10-18 | $420.55 | 13.41% | $55,455 | 10.61% |
| 2021-10-18 | $370.81 | N/A | $50,134 | N/A |
Listed by: Rachel Boyd • eXp Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10369779
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.
