16 Downing CtNewnanGA30265
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
Investment Highlights
Rental property for sale in Newnan at 16 Downing Ct, Newnan, GA, 30265 priced at $358,222 converts $2,226/mo rent into $46/mo cash flow after a $1,753/mo obligation. Total monthly income equals $2,226/mo, and annual cash flow totals $553/yr on $118,751 invested. Return on cash invested prints 20.38% in year one, and rental yield reads 7.46% against a $358,222 entry. Equity gained on principal adds $2,312/yr, while 5% annual appreciation compiles into $98,970 by year five. Five-year ROI reaches 105.24% and total cumulative return in cash sums $124,971. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,226/mo property income covering a $1,753/mo payment, not borrower’s personal income.
Single Family
Built in 2002
8,712 sqft lot
$N/A/sqft
No 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