15 Forest Pl, Newnan, GA, 30263 | $1,222/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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15 Forest Pl, Newnan, GA, 30263 | $1,222/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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630 Charlie B Johnston Rd, Newnan, GA, 30263

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

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Investment Highlights

Rental property for sale in Newnan at 15 Forest Pl, Newnan, GA, 30263 generates $3,352/mo in rent and, after a $1,713/mo payment, leaves $1,222/mo in cash flow. Total monthly income is $3,352/mo, and annual cash flow is $14,663/yr on $116,025 invested. Return on cash invested sits at 32.55% in year one, and rental yield is 11.49% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 170.46% and total cumulative return in cash sums $197,774. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,352/mo property income rather than buyer’s personal income.

Single Family

Built in 1983

1.93 Acres lot

$N/A/sqft

No HOA

More details about the property

Tucked away on a quiet cul-de-sac, this 4-bedroom, 3-bathroom home sits on approximately 1.39 acres, giving you plenty of room to spread out while still being close to everything you need. The main level features a welcoming living room with a cozy fireplace and a cute kitchen with an island that's perfect for casual meals or gatherings. The owner's suite is upstairs, while the finished basement offers a private retreat with its own bedroom, full bath, and another fireplace. Great for guests, teens, or a second living space. Outside, you'll love the brand-new deck for entertaining, a classic front porch made for rocking chairs, and a fenced backyard complete with a storage shed. With two fireplaces, a basement suite, and just under an acre and a half of land, this home blends comfort, space, and that welcoming cul-de-sac charm.

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