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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% |
Rental property for sale in Macon at 1238 Mimosa Dr, Macon, GA, 31204 offers $1,262/mo rent that, after a $709/mo payment, leaves $380/mo cash flow. Total monthly income is $1,262/mo, and annual cash flow is $4,564/yr on $48,034 cash. Return on cash invested measures 29.41% in year one, and rental yield stands at 10.45% at a $144,900 entry. Equity gained on principal adds $935/yr while 5% annual appreciation compounds into $40,033 by year five. Five-year ROI records 153.72% and total cumulative return in cash reaches $73,837. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,262/mo property income versus a $709/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
8,276 sqft 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 |
|---|---|---|
| 2025-04-17 | Listed for sale | $144,900 |
| 2022-03-11 | Sold | $10,250 |
| 2019-06-17 | Sold | $9,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-18 | $536.69 | 415.40% | $21,132 | 299.02% |
| 2023-04-18 | $104.13 | -77.05% | $5,296 | -59.60% |
| 2022-04-18 | $453.82 | 30.79% | $13,108 | 43.55% |
Listed by: Bertha Cranford • A Home For You Realty, LLC
Mls Name: MGMLS
Mls Provider:
Mls ID: #179322
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