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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% |
Rental property for sale in Newnan at 169 Granite Way, Newnan, GA, 30265 offers $2,318/mo rent that, after a $1,444/mo payment, leaves $476/mo cash flow. Total monthly income is $2,318/mo, and annual cash flow is $5,715/yr on $97,793 cash. Return on cash invested measures 25.75% in year one, and rental yield stands at 9.43% at a $295,000 entry. Equity gained on principal adds $1,904/yr while 5% annual appreciation compounds into $81,503 by year five. Five-year ROI records 134.28% and total cumulative return in cash reaches $131,318. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,318/mo property income versus a $1,444/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2017
2,439 sqft lot
$N/A/sqft
$475 annually HOA
Neighborhood data shown for ZIP Code: 30265, Newnan, GA area.
| 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 |
Residential
15,001
Single Family
13,488
Multi-Family
1,513
Businesses
994
Date | Event | Price |
|---|---|---|
| 2024-12-20 | Price change | $295,000 |
| 2024-11-27 | Price change | $298,000 |
| 2024-11-09 | Listed for sale | $300,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-10 | $2527.45 | 17.11% | $103,882 | 29.36% |
| 2022-01-10 | $2158.25 | 14.79% | $80,304 | 17.39% |
| 2021-01-10 | $1880.11 | 6.21% | $68,410 | 6.21% |
Listed by: Liz Mensey • Orchard Brokerage, LLC
Mls Name: GAMLS
Mls Provider:
Mls ID: #10411006
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.
