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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 21 E Field St, Newnan, GA, 30263 uses $155,805 cash to close to unlock $1,332/yr annual cash flow and $111/mo monthly cash flow. Total monthly income runs $2,975/mo, and a $2,300/mo payment keeps the spread at $111/mo. Purchase price stands at $470,000, and rental yield measures 7.6% with $2,975/mo rent. Return on cash invested shows 20.76% in year one, and 5% annual appreciation builds toward $129,852 over five years. Five-year ROI reaches 107.29% and total cumulative return in cash records $167,157. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,975/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Single Family
Built in 2019
0.36 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-04-26 | Listed for sale | $470,000 |
| 2023-04-06 | Sold | $450,000 |
| 2023-03-13 | Pending sale | $439,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-26 | $3948.26 | 0.67% | $170,081 | 6.83% |
| 2023-04-26 | $3921.79 | 35.79% | $159,202 | 4.64% |
| 2022-04-26 | $2888.13 | 28.42% | $152,146 | 13.72% |
Listed by: John Szotkiewicz • Virtual Properties Realty.Net, LLC.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7568288
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