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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 Macon at 1151 Lamont St, Macon, GA, 31204 listed at $205,000 pairs $2,026/mo rent with a $1,003/mo payment to leave $779/mo cash flow. Total monthly income runs $2,026/mo, and annual cash flow reaches $9,345/yr on $67,958 cash to close. Return on cash invested measures 33.66% in year one, and rental yield registers 11.86% at a $205,000 basis. Equity gained on principal adds $1,323/yr, and annual property appreciation at 5% supports $56,638 by year five. Five-year ROI tracks 176.45% and total cumulative return in cash totals $119,910. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,026/mo property income relative to a $1,003/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31204, Macon, GA area.
| 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 |
Residential
13,473
Single Family
12,659
Multi-Family
814
Businesses
1,022
Date | Event | Price |
|---|---|---|
| 2025-02-07 | Price change | $205,000 |
| 2025-01-21 | Price change | $210,000 |
| 2024-12-20 | Listed for sale | $240,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-16 | $1616.40 | 200.63% | $63,645 | 18.66% |
| 2023-02-16 | $537.67 | -51.24% | $53,637 | 17.25% |
| 2022-02-16 | $1102.62 | 23.53% | $45,746 | 22.49% |
Listed by: Angela Fleming • KELLER WILLIAMS REALTY ATLANTA PARTNERS
Mls Name: CGMLS
Mls ID: #247495
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
