294 Horizon HlNewnanGA30265
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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
Rental property for sale in Newnan at 294 Horizon Hl, Newnan, GA, 30265 priced at $463,222 converts $2,773/mo rent into after a $2,267/mo obligation. Total monthly income equals $2,773/mo. Return on cash invested prints 19.55% in year one, and rental yield reads 7.18% against a $463,222 entry. Equity gained on principal adds $2,989/yr, while 5% annual appreciation compiles into $127,980 by year five. Five-year ROI reaches 100.77% and total cumulative return in cash sums $154,733. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,773/mo property income covering a $2,267/mo payment, not borrower’s personal income.
Single Family
Built in 2006
0.29 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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