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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 209 Lake Cove Approach, Newnan, GA, 30265 at $349,900 posts ROI 21.33% with $137/mo cash flow from $2,344/mo rent. Total monthly income equals $2,344/mo, and annual cash flow records $1,644/yr on $115,992 to close. Return on cash invested measures 21.33% and rental yield reads 8.04% at the current $349,900. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 by year five. Five-year ROI prints 110.64% and total cumulative return in cash totals $128,334.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,344/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
0.26 Acres lot
$N/A/sqft
$875 annually HOA
Neighborhood data shown for ZIP Code: 30265, Newnan, GA area.
| 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 |
Residential
15,001
Single Family
13,488
Multi-Family
1,513
Businesses
994
Date | Event | Price |
|---|---|---|
| 2025-04-19 | Listed for sale | $349,900 |
| 2020-04-15 | Sold | $216,500 |
| 2020-03-07 | Pending sale | $215,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-21 | $2953.06 | 11.61% | $129,237 | 18.84% |
| 2023-04-21 | $2645.92 | -5.73% | $108,751 | 4.13% |
| 2022-04-21 | $2806.81 | 28.10% | $104,436 | 30.99% |
What's Special
Pull Down Stairs
Listed by: Stephen P Walker • BHHS Georgia Properties
Mls Name: GAMLS
Mls Provider:
Mls ID: #10503896
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 2025 GAMLS. All rights reserved.
