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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 32 October Ave, Newnan, GA, 30265 at $448,000 posts ROI 17.41% with from $2,527/mo rent. Total monthly income equals $2,527/mo. Return on cash invested measures 17.41% and rental yield reads 6.77% at the current $448,000. Equity gained on principal adds $2,891/yr, and 5% annual appreciation supports $123,774 by year five. Five-year ROI prints 89.63% and total cumulative return in cash totals $133,106. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,527/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2019
8,232 sqft lot
$N/A/sqft
$450 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 |
|---|---|---|
| 2025-01-01 | Price change | $448,000 |
| 2024-11-08 | Price change | $448,900 |
| 2024-10-03 | Listed for sale | $449,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-10 | $4586.11 | 17.62% | $188,496 | 29.92% |
| 2022-01-10 | $3899.25 | 16.59% | $145,083 | 19.22% |
| 2021-01-10 | $3344.52 | N/A | $121,694 | N/A |
Listed by: Sissie Carter Horne • Southern Real Estate Properties
Mls Name: GAMLS
Mls Provider:
Mls ID: #10264413
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 2024 GAMLS. All rights reserved.
