20 Plainfield PlNewnanGA30265
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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 20 Plainfield Pl, Newnan, GA, 30265 listed at $490,000 pairs $3,386/mo rent with a $2,398/mo payment to leave $404/mo cash flow. Total monthly income runs $3,386/mo, and annual cash flow reaches $4,849/yr on $162,435 cash to close. Return on cash invested measures 22.89% in year one, and rental yield registers 8.29% at a $490,000 basis. Equity gained on principal adds $3,162/yr, and annual property appreciation at 5% supports $135,378 by year five. Five-year ROI tracks 118.74% and total cumulative return in cash totals $192,876. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,386/mo property income relative to a $2,398/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30265, Newnan, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
15,001
Single Family
13,488
Multi-Family
1,513
Businesses
994
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