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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 643 Lora Smith Rd, Newnan, GA, 30265 with 5% annual appreciation on a $287,000 basis while $2,332/mo rent supports operations. Total monthly income totals $2,332/mo and a $1,405/mo payment preserves $524/mo for cash returns. Annual cash flow comes to $6,290/yr on $95,141 deployed, and return on cash invested reaches 26.52% in year one. Equity gained on principal adds $1,852/yr, and five-year appreciation sums $79,293 alongside rental yield of 9.75%. Five-year ROI measures 138.49% and total cumulative return in cash totals $131,758.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,332/mo property income versus a $1,405/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1995
0.81 Acres lot
$N/A/sqft
$331 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 |
|---|---|---|
| 2025-09-12 | Sold | $287,000 |
| 2025-07-14 | Pending sale | $300,000 |
| 2025-07-01 | Price change | $300,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-29 | $2779.92 | -1.02% | $122,281 | 4.73% |
| 2023-10-29 | $2808.51 | 22.21% | $116,762 | 29.53% |
| 2022-10-29 | $2298.01 | 35.38% | $90,145 | 34.63% |
Listed by: MARK SPAIN • Mark Spain Real Estate
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7580840
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