18 Reynolds StNewnanGA30263
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
Investment property for sale in Newnan at 18 Reynolds St, Newnan, GA, 30263 at $249,900 posts ROI 25.5% with $386/mo cash flow from $1,907/mo rent. Total monthly income equals $1,907/mo, and annual cash flow records $4,634/yr on $82,842 to close. Return on cash invested measures 25.5% and rental yield reads 9.16% at the current $249,900. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 by year five. Five-year ROI prints 132.75% and total cumulative return in cash totals $109,970.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,907/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1948
6,098 sqft 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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Nearby investment properties with comparable prices
Listed by: Joanna • Century 21 Novus Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10362799
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.