








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 Cove Macon at 1306 Barrington Pl, Cove Macon, GA, 31220 offers a 7.55% rental yield on a $380,550 purchase with $2,394/mo rent. Total monthly income registers $2,394/mo, and a $1,863/mo payment leaves $78/mo available for distribution. Annual cash flow reaches $930/yr on $126,152 to close, and return on cash invested stands at 20.65% in year one. Equity gained on principal adds $2,456/yr while 5% annual appreciation supports $105,139 over five years. Portfolio math shows five-year ROI at 106.68% and total cumulative return in cash at $134,573. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,394/mo property income against a $1,863/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31220, Macon, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,232 (100%) |
| Owner Occupied HU | 3,951 (63.4%) |
| Renter Occupied HU | 1,849 (29.7%) |
| Vacant Housing Units | 432 ( 6.9%) |
| Median Home Value | $273,973 |
| Average Home Value | $347,203 |
Residential
6,347
Single Family
5,163
Multi-Family
1,184
Businesses
176
Date | Event | Price |
|---|---|---|
| 2025-01-16 | Price change | $380,550 |
| 2024-10-28 | Listed for sale | $379,850 |
| 2023-10-11 | Listing removed | $379,850 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Michael Salter • Adams Homes AEC, LLC
Mls Name: MGMLS
Mls Provider:
Mls ID: #178918
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