38 Inverness AveNewnanGA30263
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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
Investment property for sale in Newnan at 38 Inverness Ave, Newnan, GA, 30263 earns $328/mo cash flow from $2,854/mo rent with a $2,031/mo payment. Total monthly income totals $2,854/mo, and annual cash flow totals $3,942/yr on $137,573 capital. ROI tracks 22.77% on current figures, and rental yield reads 8.25% at a $415,000 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 over five years. Five-year ROI reaches 118.08% and total cumulative return in cash sums $162,441. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,854/mo property income instead of your personal income.
Single Family
Built in 2008
8,537 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30263, Newnan, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
24,261
Single Family
21,808
Multi-Family
2,453
Businesses
1,466
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