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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 34 Stony Oak Dr, Newnan, GA, 30263 earns $260/mo cash flow from $2,162/mo rent with a $1,468/mo payment. Total monthly income totals $2,162/mo, and annual cash flow totals $3,114/yr on $99,450 capital. ROI tracks 23.04% on current figures, and rental yield reads 8.65% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 119.86% and total cumulative return in cash sums $119,196. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,162/mo property income instead of your personal income.
Townhouse
Built in 2003
N/A lot
$N/A/sqft
$924 annually 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 |
|---|---|---|
| 2024-12-11 | Listed for sale | $300,000 |
| 2024-11-23 | Listing removed | $300,000 |
| 2024-11-01 | Listed for sale | $300,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-10 | $2260.86 | 3.10% | $92,925 | 13.89% |
| 2022-01-10 | $2192.81 | 27.43% | $81,590 | 30.31% |
| 2021-01-10 | $1720.79 | 6.17% | $62,613 | N/A |
Listed by: Jacqueline Campbell • RE/MAX Connections
Mls Name: GAMLS
Mls Provider:
Mls ID: #10406295
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.
