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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 59 Gables Way, Newnan, GA, 30265 with 5% annual appreciation on a $475,000 basis while $2,994/mo rent supports operations. 38% in year one. Equity gained on principal adds $3,065/yr, and five-year appreciation sums $131,234 alongside rental yield of 7.56%. Five-year ROI measures 100.36% and total cumulative return in cash totals $158,023. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,994/mo property income versus a $2,325/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2014
7,840 sqft lot
$N/A/sqft
$2,075 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 |
|---|---|---|
| 2022-07-28 | Sold | $455,000 |
| 2022-06-23 | Pending sale | $449,900 |
| 2022-06-17 | Price change | $449,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-22 | $3830.20 | -6.31% | $171,024 | -0.29% |
| 2023-08-22 | $4088.29 | 24.22% | $171,520 | 40.06% |
| 2022-08-22 | $3291.29 | 6.56% | $122,462 | 8.97% |
Listed by: Jeff Grubbs • Southern Classic Realtors
Mls Name: GAMLS
Mls Provider:
Mls ID: #10589218
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 2025 GAMLS. All rights reserved.
