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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 17 Scout Way, Newnan, GA, 30263 priced at $394,993 pairs $2,760/mo rent with $306/mo cash flow after a $1,933/mo payment. Total monthly income equals $2,760/mo, and annual cash flow comes to $3,676/yr on $130,940 invested. Return on cash invested is 22.72% in year one, and rental yield stands at 8.38% on a $394,993 basis. Equity gained on principal adds $2,549/yr, and 5% annual appreciation accumulates to $109,129 by year five. Five-year ROI measures 117.95% and total cumulative return in cash reaches $154,444. For financing, Ziffy Mortgage’s DSCR program evaluates $2,760/mo property income against a $1,933/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
8,712 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood data shown for ZIP Code: 30263, Newnan, GA area.
| 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 |
Residential
24,261
Single Family
21,808
Multi-Family
2,453
Businesses
1,466
Date | Event | Price |
|---|---|---|
| 2024-08-26 | Price change | $394,993 |
| 2024-08-06 | Price change | $399,993 |
| 2024-07-09 | Price change | $409,993 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Bridget Garnett • DRB Group Georgia, LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7436193
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