153 Granite WayNewnanGA30265
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 153 Granite Way, Newnan, GA, 30265 in Newnan speaks for itself: 12.08% gross on a $247,500 price, generating $2,492/mo in rent and $866/mo in net income after the $1,113/mo debt service. DSCR 2.24, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,395 stacks alongside $68,380 in projected five-year appreciation and $2,280/yr in principal reduction. Projected total cumulative return: $150,009.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.1% | 6.2% |
| Monthly Cash Flow | $866 | $450 |
City averages based on Newnan market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,492 |
| Total Monthly Debt Service | $1,528 |
| DSCR Ratio | 1.63x |
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.
Townhouse
Built in 2009
2,696 sqft lot
$N/A/sqft
$1,200 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
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
Townhouse
Built in 2009
2,696 sqft lot
$N/A/sqft
$1,200 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: KJ Morton • Keller Williams Realty Atlanta Partners
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7653061
Disclaimer: Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please [click here](https://www.fmls.com/dmca) to review our DMCA policy and learn how to submit a takedown request. 2025 First Multiple Listing Service, Inc. [Click here for more information](/mls-disclaimers/#30)