50 Meadow View St · East Newnan, GA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 2/10 · Minimal
- Est. fire insurance / yr
- $963 – $1,789
Heat risk 6/10 · Moderate
- Hot days now (above 105°F)
- 7 days/yr
- Hot days in 30 yrs
- 20 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- ARV discount +7.5/15.0
- Condition / age +4.0/5.0
- Schools +3.6/10.0
- Rent growth +3.2/5.0
- Livability +2.4/5.0
- Appreciation +0.0/10.0
$95,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Amazing house on a large beautifully landscaped lot with great curb appeal. A ranch home with one level, 3 bedrooms and 2 baths, new kitchen appliances, and LVP flooring. A wonderful porch on the front of the home and a deck on the side. Additional storage is also available. This community is a Modular Home Community, which offers very nice and luxurious modular home a playground, in-ground pool, grounds maintenance, green space, and a dog park. Lot rental dues are paid monthly at $870 a month. This is not included in the price of the home. Close to the I-85, downtown Newnan, shopping, restaurants, and Atlanta.
Key facts
- Front porch
- Side deck
- Landscaped lot
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $96k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $890 ($11k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $96k).
- Recommended offer: $94k (1.5% below list) — sets the bar for market timing.
- Cap rate 17.4% vs local median 2.6% in East Newnan — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 48/100 on livability (#590 in GA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+; Watch: housing C-, schools F, crime F.
- Coweta County (rural): math 37% / reading 43% proficiency, ranked #36 of 174 in GA (top 21%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: Rents rising (+2.9%/yr); 529 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 963 units permitted in Coweta County in 2024 (8 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $663 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
- Coweta County population projected at +31% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (-3.0% appreciation + 2.9% rent growth), your $27k cash investment doubles in ~3 years — after that, you're playing with house money.
Negotiation context
- It's been on market 20 days — a 2% lower offer ($94k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts; this cycle's ask is 7% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
Risks & watch-outs
- Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 2.05% ✓
- Cap rate
- 17.43%
- Cash-on-cash
- 39.76%
- DSCR
- 2.77
- GRM
- 4.1
CMA / ARV
- ARV (median comp)
- $95,835
- List price
- $95,900
- Delta
- 0.16%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 10 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 50 Meadow View St | 0.00mi | 3/2.0 | 1,296 (0%) | 13mo | $90,000 | $69 | 89 |
| 9 Meadow View St | 0.14mi | 2/2.0 (-1) | 1,300 (+0%) | 8mo | $91,400 | $70 | 81 |
| 28 Redwood Cir | 0.00mi | 2/2.0 (-1) | 1,344 (+4%) | 11mo | $75,000 | $56 | 80 |
| 41 Bob White Ln | 0.06mi | 2/2.0 (-1) | 1,242 (-4%) | 9mo | $84,900 | $68 | 77 |
| 145 Willow Drive Dr E | 0.11mi | 3/2.0 | 1,296 (0%) | 22mo | $95,000 | $73 | 77 |
| 131 Bob White Ln | 0.07mi | 3/2.0 | 1,404 (+8%) | 10mo | $101,111 | $72 | 75 |
| 48 Pinecrest Dr | 0.17mi | 3/2.0 | 1,400 (+8%) | 6mo | $70,000 | $50 | 74 |
| 15 Meadowview St | 0.13mi | 3/2.0 | 1,424 (+10%) | 5mo | $102,000 | $72 | 73 |
| 62 Pinecrest Dr | 0.16mi | 3/2.0 | 1,400 (+8%) | 22mo | $99,990 | $71 | 61 |
| 1575 Turkey Creek Rd | 0.71mi | 3/3.0 | 1,488 (+15%) | 18mo | $279,900 | $188 | 23 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 2.87% rent growth · sell at horizon
- IRR
- 35.9%
- Equity multiple
- 2.52×
- Total profit
- $40,896
- Equity at exit
- $14,299
- IRR
- 42.6%
- Equity multiple
- 5.01×
- Total profit
- $107,644
- Equity at exit
- $8,292
Cash invested: $26,852 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 90 Strongly Landlord-Friendly
- State Georgia
- 90 Strongly Landlord-Friendly · R+3
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 30263
- Home prices YoY
- -34.5%
- Rents YoY
- 2.9%
- Active inventory
- 529
- Price-to-rent
- 4.1×
Monthly cashflow live
- Estimated rent
- $1,965 medium interval (Pro) →
- Mortgage (P&I)
- −$503
- Tax est. 1.5%
- −$120 /mo · $1,438/yr
- Insurance
- −$40
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$413
- Net cashflow
- $890
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $23,975
- Closing costs
- $2,877
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 1 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 257 Bur Oak Bnd Newnan, GA | 3.0–5.0 | 2.0–3.0 | 1989 | $2,294 | $1.15 | 2d | 8 | 1.37mi |
Listing history 22 events
-
2026-06-18days on market $95,900 Active 20 DOM
-
2026-06-17days on market $95,900 Active 19 DOM
-
2026-06-16days on market $95,900 Active 18 DOM
-
2026-06-15days on market $95,900 Active 17 DOM
-
2026-06-13statusdays on market $95,900 Active 15 DOM
-
2026-06-09days on market $95,900 New 11 DOM
-
2026-06-08days on market $95,900 New 10 DOM
-
2026-06-07days on market $95,900 New 9 DOM
-
2026-06-04days on market $95,900 New 6 DOM
-
2026-06-03days on market $95,900 New 5 DOM
-
2026-06-02days on market $95,900 New 4 DOM
-
2026-06-02remarks 653-char remark
-
2026-06-02pricestatusdays on market $95,900 New 3 DOM
-
2026-04-26price $95,990 618-char remark
Show marketing remark (618 chars)
Amazing house on a large beautifully landscaped lot with great curb appeal. A ranch home with one level, 3 bedrooms and 2 baths, new kitchen appliances, and LVP flooring. A wonderful porch on the front of the home and a deck on the side. Additional storage is also available. This community is a Modular Home Community, which offers very nice and luxurious modular home a playground, in-ground pool, grounds maintenance, green space, and a dog park. Lot rental dues are paid monthly at $870 a month. This is not included in the price of the home. Close to the I-85, downtown Newnan, shopping, restaurants, and Atlanta.
-
2026-02-18price $99,990 618-char remark
Show marketing remark (618 chars)
Amazing house on a large beautifully landscaped lot with great curb appeal. A ranch home with one level, 3 bedrooms and 2 baths, new kitchen appliances, and LVP flooring. A wonderful porch on the front of the home and a deck on the side. Additional storage is also available. This community is a Modular Home Community, which offers very nice and luxurious modular home a playground, in-ground pool, grounds maintenance, green space, and a dog park. Lot rental dues are paid monthly at $870 a month. This is not included in the price of the home. Close to the I-85, downtown Newnan, shopping, restaurants, and Atlanta.
-
2025-05-21soldstatus $90,000 Sold 574-char remark
Show marketing remark (574 chars)
This is an amazing gem with great curb appeal. A ranch home with one level, 3 bedrooms and 2 baths, new kitchen appliances, and LVP flooring. Features a porch on the front of the home and a deck on the side. Additional storage is also available. This community is a Modular Home Community, which offers very nice and luxurious modular home a playground, in-ground pool, grounds maintenance, green space, and a dog park. Lot rental dues are paid monthly at $744 a month. This is not included in the price of the home. Close to the interstate and minutes from downtown Newnan.
-
2025-05-21soldstatus $90,000 Closed
Show marketing remark (574 chars)
This is an amazing gem with great curb appeal. A ranch home with one level, 3 bedrooms and 2 baths, new kitchen appliances, and LVP flooring. Features a porch on the front of the home and a deck on the side. Additional storage is also available. This community is a Modular Home Community, which offers very nice and luxurious modular home a playground, in-ground pool, grounds maintenance, green space, and a dog park. Lot rental dues are paid monthly at $744 a month. This is not included in the price of the home. Close to the interstate and minutes from downtown Newnan.
-
2025-05-06status Under Contract 574-char remark
Show marketing remark (574 chars)
This is an amazing gem with great curb appeal. A ranch home with one level, 3 bedrooms and 2 baths, new kitchen appliances, and LVP flooring. Features a porch on the front of the home and a deck on the side. Additional storage is also available. This community is a Modular Home Community, which offers very nice and luxurious modular home a playground, in-ground pool, grounds maintenance, green space, and a dog park. Lot rental dues are paid monthly at $744 a month. This is not included in the price of the home. Close to the interstate and minutes from downtown Newnan.
-
2025-05-06status Pending
Show marketing remark (574 chars)
This is an amazing gem with great curb appeal. A ranch home with one level, 3 bedrooms and 2 baths, new kitchen appliances, and LVP flooring. Features a porch on the front of the home and a deck on the side. Additional storage is also available. This community is a Modular Home Community, which offers very nice and luxurious modular home a playground, in-ground pool, grounds maintenance, green space, and a dog park. Lot rental dues are paid monthly at $744 a month. This is not included in the price of the home. Close to the interstate and minutes from downtown Newnan.
-
2025-04-28$105,000 New 618-char remark
Show marketing remark (574 chars)
This is an amazing gem with great curb appeal. A ranch home with one level, 3 bedrooms and 2 baths, new kitchen appliances, and LVP flooring. Features a porch on the front of the home and a deck on the side. Additional storage is also available. This community is a Modular Home Community, which offers very nice and luxurious modular home a playground, in-ground pool, grounds maintenance, green space, and a dog park. Lot rental dues are paid monthly at $744 a month. This is not included in the price of the home. Close to the interstate and minutes from downtown Newnan.
-
2025-04-28$90,000 New 574-char remark
Show marketing remark (574 chars)
This is an amazing gem with great curb appeal. A ranch home with one level, 3 bedrooms and 2 baths, new kitchen appliances, and LVP flooring. Features a porch on the front of the home and a deck on the side. Additional storage is also available. This community is a Modular Home Community, which offers very nice and luxurious modular home a playground, in-ground pool, grounds maintenance, green space, and a dog park. Lot rental dues are paid monthly at $744 a month. This is not included in the price of the home. Close to the interstate and minutes from downtown Newnan.
-
2025-04-28$90,000 Active
Show marketing remark (574 chars)
This is an amazing gem with great curb appeal. A ranch home with one level, 3 bedrooms and 2 baths, new kitchen appliances, and LVP flooring. Features a porch on the front of the home and a deck on the side. Additional storage is also available. This community is a Modular Home Community, which offers very nice and luxurious modular home a playground, in-ground pool, grounds maintenance, green space, and a dog park. Lot rental dues are paid monthly at $744 a month. This is not included in the price of the home. Close to the interstate and minutes from downtown Newnan.
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 2/10 Low
- Heat 6/10 Major 7 d/yr ≥105°F today · 20 d/yr by 30 yrs out
- Wind 6/10 Major 27% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $23,581
- − Mortgage interest
- −$5,372
- − Property taxes
- −$1,438
- − Insurance
- −$480
- − Repairs & maintenance
- −$1,886
- − Management
- −$1,886
- − Depreciation
- −$2,790
- Taxable income
- $9,728
- Est. tax owed @ 24.0%
- −$2,335
- After-tax cash flow
- $8,341/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 12 photos
This well-maintained single-family home features a good condition with new kitchen appliances and LVP flooring, making it a solid investment.
Value-add opportunities
- Resale Paint exterior — Enhances curb appeal and value
- Rental Trim bushes — Maintains property's aesthetic and attracts tenants
Renovation cost estimate screening
Value-add ROI direction
- Resale Paint exterior — Enhances curb appeal and value ↑
- Rental Trim bushes — Maintains property's aesthetic and attracts tenants ↑
ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.
Schools (NCES district)
- District
- Coweta County
- NCES district ID
- 1301500
- Math proficiency
- 37% ▼ -16.00%
- Reading proficiency
- 43% ▼ -11.00%
- Median HH income
- $62,978
- Composite
- 35.72/100
- National rank
- #4860
- State rank
- #36 of 174 in GA
Livability — East Newnan
- Score
- 48/100
- State rank
- #590
- US rank
- #26037
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Coweta County · 148,589 people
- Metro
- Atlanta-Sandy Springs-Alpharetta, GA
- Population (ZIP)
- 61,695
- Household income
- $78,992
- Rent vs Own
- Severe rent burden
- 1320.0
Population outlook (Coweta County) Hauer SSP2
- Today (2025)
- 162,063 people
- By 2030
- 173,373 · +7.0%
- By 2040
- 194,658 · +20.1%
- By 2050
- 212,246 · +31.0%
- By 2075
- 246,544 · +52.1%
- By 2100
- 257,059 · +58.6%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.57)
- Race & ethnicity
- White 60% Black 25% Hispanic / Latino 9% Two or more races 4% Asian 2%
- Hispanic origin (detail)
- Mexican 4% Puerto Rican 2%
- Common ancestry
- Slovak 2% Lithuanian 1% Serbian 1%
- Foreign-born
- 8% · Canada, China, Jamaica
- Languages at home
- 90% English-only · Spanish 7% Chinese 1% Other Indo-European 1%
Political lean MEDSL · Coweta
- 2024 margin
- Solid R (+33.9) · D 32.7% · R 66.6%
- 2008→2024 swing
- +7.3pp toward D · 2008: -41.2pp · 2024: -33.9pp
- All cycles
- 2024: R+33.9 2020: R+35.5 2016: R+42.3 2012: R+44.1 2008: R+41.2
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -131.23%
- Current HPI
- 249.0207
- Rent YoY
- ▲ 2.87%
- Metro
- Atlanta-Sandy Springs-Alpharetta, GA
- State GDP YoY
- ▲ 2.66%
- F500 in state
- 28
Industry mix (Fortune 500 HQ in GA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Paper / Packaging | 2 | $29B |
|
||
| Retail | 1 | $160B |
|
||
| Transportation / Logistics | 1 | $91B |
|
||
| Airlines | 1 | $62B |
|
||
| Consumer Goods | 1 | $47B |
|
||
| Utilities | 1 | $25B |
|
||
Price history
-8.6% since first listed9 events — show timeline
- 2026-04-26 Price Changed $95,990 GAMLS
- 2026-02-18 Price Changed $99,990 GAMLS
- 2025-05-21 Sold (MLS) $90,000 FMLS
- 2025-05-21 Sold (MLS) $90,000 GAMLS
- 2025-05-06 Pending — GAMLS
- 2025-05-06 Pending — FMLS
- 2025-04-28 Listed $90,000 FMLS
- 2025-04-28 Listed $90,000 GAMLS
- 2025-04-28 Listed $105,000 GAMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…