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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 70 Merion Way, Newnan, GA, 30265 listed at $392,000 pairs $2,642/mo rent with a $1,919/mo payment to leave $212/mo cash flow. Total monthly income runs $2,642/mo, and annual cash flow reaches $2,548/yr on $129,948 cash to close. Return on cash invested measures 21.87% in year one, and rental yield registers 8.09% at a $392,000 basis. Equity gained on principal adds $2,530/yr, and annual property appreciation at 5% supports $108,302 by year five. Five-year ROI tracks 113.38% and total cumulative return in cash totals $147,336. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,642/mo property income relative to a $1,919/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
0.83 Acres lot
$N/A/sqft
$522 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 |
|---|---|---|
| 2025-08-25 | Sold | $392,000 |
| 2025-08-07 | Pending sale | $399,000 |
| 2025-07-25 | Price change | $399,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $1178.76 | -9.86% | $130,387 | -0.60% |
| 2023-10-13 | $1307.64 | 41.92% | $131,178 | 19.28% |
| 2022-10-13 | $921.39 | 18.14% | $109,978 | 24.51% |
What's Special
Pull Down Stairs
Listed by: Kay Dover • Dover Realty & Associates, Inc
Mls Name: GAMLS
Mls Provider:
Mls ID: #10536966
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.
