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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 1902 Commonwealth Cir, Newnan, GA, 30263 generates $2,170/mo in rent, after a $1,552/mo payment. Total monthly income is $2,170/mo. Return on cash invested sits at 19.28% in year one, and rental yield is 8.21% on a $317,000 entry. Equity gained on principal adds $2,046/yr, while 5% annual appreciation builds toward $87,581 over five years. Five-year ROI reaches 100.61% and total cumulative return in cash sums $105,729. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,170/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
N/A lot
$N/A/sqft
$3,540 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 |
|---|---|---|
| 2024-10-03 | Price change | $317,000 |
| 2024-09-18 | Price change | $326,500 |
| 2024-08-26 | Price change | $327,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-15 | $856.60 | 0.84% | $109,172 | 16.66% |
| 2022-11-15 | $849.49 | 12.82% | $93,581 | 16.44% |
| 2021-11-15 | $752.99 | N/A | $80,368 | N/A |
Listed by: Aimee McBrier • Pathfinder Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10343472
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.
