1380 2nd StMaconGA31201
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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 1380 2nd St, Macon, GA, 31201 listed at $229,000 pairs $1,196/mo rent with a $1,121/mo payment. Total monthly income runs $1,196/mo. Return on cash invested measures 16.78% in year one, and rental yield registers 6.27% at a $229,000 basis. Equity gained on principal adds $1,478/yr, and annual property appreciation at 5% supports $63,268 by year five. Five-year ROI tracks 85.98% and total cumulative return in cash totals $65,273. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,196/mo property income relative to a $1,121/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1910
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31201, Macon, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,156 (100%) |
| Owner Occupied HU | 875 (17.0%) |
| Renter Occupied HU | 3,335 (64.7%) |
| Vacant Housing Units | 946 (18.3%) |
| Median Home Value | $261,923 |
| Average Home Value | $283,731 |
Housing Distribution
Address Breakdown
Residential
4,414
Single Family
2,973
Multi-Family
1,441
Businesses
1,254
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Listed by: Jerome James • Covenant Realty Associates, LLC
Mls Name: MGMLS
Mls Provider:
Mls ID: #176214
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