85 Glenridge DrNewnanGA30265
Nearby investment properties with comparable rents
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 85 Glenridge Dr, Newnan, GA, 30265 earns $566/mo cash flow from $2,777/mo rent with a $1,738/mo payment. Total monthly income totals $2,777/mo, and annual cash flow totals $6,795/yr on $117,683 capital. ROI tracks 25.68% on current figures, and rental yield reads 9.39% at a $355,000 purchase. Equity gained on principal adds $2,291/yr, and 5% annual appreciation supports $98,080 over five years. Five-year ROI reaches 133.89% and total cumulative return in cash sums $157,560. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,777/mo property income instead of your personal income.
Single Family
Built in 1993
0.45 Acres lot
$N/A/sqft
$415 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30265, Newnan, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
15,001
Single Family
13,488
Multi-Family
1,513
Businesses
994
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Listed by: Orlando Escanelle • Sovereign Real Estate Group National Corp.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7449480
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