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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% |
Rental property for sale in Newnan at 38 Pecan Cres, Newnan, GA, 30265 offers $4,192/mo rent that, after a $1,799/mo payment, leaves $1,897/mo cash flow. Total monthly income is $4,192/mo, and annual cash flow is $22,770/yr on $121,826 cash. Return on cash invested measures 38.6% in year one, and rental yield stands at 13.69% at a $367,500 entry. Equity gained on principal adds $2,371/yr while 5% annual appreciation compounds into $101,533 by year five. Five-year ROI records 203.16% and total cumulative return in cash reaches $247,500. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,192/mo property income versus a $1,799/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
0.37 Acres lot
$N/A/sqft
$625 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 |
|---|---|---|
| 2024-09-07 | Price change | $367,500 |
| 2024-08-02 | Price change | $374,900 |
| 2024-07-04 | Listed for sale | $395,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-16 | $3116.92 | -5.26% | $128,110 | 4.65% |
| 2022-09-16 | $3289.97 | 18.91% | $122,413 | 17.35% |
| 2021-09-16 | $2766.86 | N/A | $104,314 | N/A |
Listed by: Stew Team • Stewart Brokers
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7415542
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