1556 Highway 29 NNewnanGA30263
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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
Investment property for sale in Newnan at 1556 Highway 29 N, Newnan, GA, 30263 uses $72,142 cash to close to unlock $15,933/yr annual cash flow and $1,328/mo monthly cash flow. Total monthly income runs $2,670/mo, and a $1,065/mo payment keeps the spread at $1,328/mo. Purchase price stands at $217,623, and rental yield measures 14.72% with $2,670/mo rent. Return on cash invested shows 41.99% in year one, and 5% annual appreciation builds toward $60,125 over five years. Five-year ROI reaches 221.24% and total cumulative return in cash records $159,609. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,670/mo property income covering a $1,065/mo payment rather than investor’s personal income.
Single Family
Built in 1910
2.59 Acres 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
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