42 Hodges St #JNKTA8NewnanGA30263
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Nearby investment properties with comparable prices
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 42 Hodges St #JNKTA8, Newnan, GA, 30263 at $621,900 posts ROI 21.63% with $267/mo cash flow from $4,052/mo rent. Total monthly income equals $4,052/mo, and annual cash flow records $3,203/yr on $204,605 to close. Return on cash invested measures 21.63% and rental yield reads 7.82% at the current $621,900. Equity gained on principal adds $4,013/yr, and 5% annual appreciation supports $171,820 by year five. Five-year ROI prints 111.88% and total cumulative return in cash totals $228,911.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,052/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
N/A 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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