1060 Cypress DrMaconGA31204
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 Macon at 1060 Cypress Dr, Macon, GA, 31204 uses $53,040 cash to close to unlock $9,064/yr annual cash flow and $755/mo monthly cash flow. Total monthly income runs $1,729/mo, and a $783/mo payment keeps the spread at $755/mo. Purchase price stands at $160,000, and rental yield measures 12.97% with $1,729/mo rent. Return on cash invested shows 37% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 194.41% and total cumulative return in cash records $103,118. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,729/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1951
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31204, Macon, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,315 (100%) |
| Owner Occupied HU | 6,224 (40.6%) |
| Renter Occupied HU | 6,853 (44.7%) |
| Vacant Housing Units | 2,238 (14.6%) |
| Median Home Value | $177,395 |
| Average Home Value | $236,845 |
Housing Distribution
Address Breakdown
Residential
13,473
Single Family
12,659
Multi-Family
814
Businesses
1,022
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Akeem Willock • Sanders RE, LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7497893
Disclaimer: Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please [click here](https://www.fmls.com/dmca) to review our DMCA policy and learn how to submit a takedown request. 2024 First Multiple Listing Service, Inc. [Click here for more information](/info/mls-disclaimers/#mls_30)