1205 Washington StMaconMS39341
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 1205 Washington St, Macon, MS, 39341 uses $116,025 cash to close to unlock $4,731/yr annual cash flow and $394/mo monthly cash flow. Total monthly income runs $2,536/mo, and a $1,713/mo payment keeps the spread at $394/mo. Purchase price stands at $350,000, and rental yield measures 8.69% with $2,536/mo rent. Return on cash invested shows 23.99% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 124.65% and total cumulative return in cash records $144,626. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,536/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1961
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39341, Macon, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,822 (100%) |
| Owner Occupied HU | 1,848 (65.5%) |
| Renter Occupied HU | 642 (22.7%) |
| Vacant Housing Units | 332 (11.8%) |
| Median Home Value | $92,422 |
| Average Home Value | $118,378 |
Housing Distribution
Address Breakdown
Residential
2,603
Single Family
2,430
Multi-Family
173
Businesses
312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A