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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 617 Thomas Powers Rd, Newnan, GA, 30263 offers a 2.3% rental yield on a $1,275,000 purchase with $2,446/mo rent. 94% in year one. Equity gained on principal adds $8,227/yr while 5% annual appreciation supports $352,259 over five years. Portfolio math shows five-year ROI at 22.31% and total cumulative return in cash at $92,162. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,446/mo property income against a $6,240/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
93.39 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-07-22 | Pending sale | $1,275,000 |
| 2025-07-17 | Listed for sale | $1,275,000 |
| 2025-06-22 | Listing removed | $1,390,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-03 | $3074.65 | -8.66% | $132,448 | -3.07% |
| 2023-08-03 | $3366.02 | -69.56% | $136,641 | -68.97% |
| 2022-08-03 | $11056.92 | 90.29% | $440,404 | 100.87% |
Listed by: Michelle Humes Group • eXp Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10566021
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.
