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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 261 Lagrange St, Newnan, GA, 30263 at $355,000 posts ROI 28.33% with $826/mo cash flow from $2,987/mo rent. Total monthly income equals $2,987/mo, and annual cash flow records $9,912/yr on $117,683 to close. Return on cash invested measures 28.33% and rental yield reads 10.1% at the current $355,000. Equity gained on principal adds $2,291/yr, and 5% annual appreciation supports $98,080 by year five. Five-year ROI prints 147.88% and total cumulative return in cash totals $174,024.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,987/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1946
0.66 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 |
|---|---|---|
| 2025-09-13 | Price change | $355,000 |
| 2025-08-31 | Listed for sale | $365,000 |
| 2025-08-26 | Listing removed | $2,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-24 | $2483.32 | -4.73% | $106,975 | 1.10% |
| 2023-09-24 | $2606.62 | 209.42% | $105,814 | 212.16% |
| 2022-09-24 | $842.43 | -37.19% | $33,897 | -33.02% |
Listed by: Kasheva Hill • Maximum One Realtor Partners
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7654133
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