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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% |
Investment property for sale in Newnan at 2 Chickapee Ct, Newnan, GA, 30263 uses $142,545 cash to close to unlock $21,113/yr annual cash flow and $1,759/mo monthly cash flow. Total monthly income runs $4,434/mo, and a $2,105/mo payment keeps the spread at $1,759/mo. Purchase price stands at $430,000, and rental yield measures 12.37% with $4,434/mo rent. Return on cash invested shows 34.72% in year one, and 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 182.32% and total cumulative return in cash records $259,887. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,434/mo property income covering a $2,105/mo payment rather than investor’s personal income.
Single Family
Built in 2013
43.56 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 |
|---|---|---|
| 2024-08-15 | Listed for sale | $430,000 |
| 2023-02-21 | Sold | $425,000 |
| 2023-01-13 | Pending sale | $429,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-16 | $3656.75 | -0.56% | $150,298 | 9.84% |
| 2022-09-16 | $3677.52 | 17.79% | $136,833 | 16.29% |
| 2021-09-16 | $3122.06 | -0.38% | $117,670 | N/A |
What's Special
Expandable,Pull Down Stairs
Listed by: Cynthia Russe • eXp Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10358858
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.
