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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 1383 Dewey St, Macon, GA, 31206 at $169,900 posts ROI 30.96% with $519/mo cash flow from $1,553/mo rent. Total monthly income equals $1,553/mo, and annual cash flow records $6,222/yr on $56,322 to close. Return on cash invested measures 30.96% and rental yield reads 10.97% at the current $169,900. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 by year five. Five-year ROI prints 161.99% and total cumulative return in cash totals $91,238.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,553/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31206, Macon, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,584 (100%) |
| Owner Occupied HU | 4,190 (36.2%) |
| Renter Occupied HU | 5,295 (45.7%) |
| Vacant Housing Units | 2,099 (18.1%) |
| Median Home Value | $85,452 |
| Average Home Value | $142,008 |
Residential
10,621
Single Family
9,782
Multi-Family
839
Businesses
1,039
Date | Event | Price |
|---|---|---|
| 2024-12-23 | Listed for sale | $169,900 |
| 2024-10-07 | Listing removed | $199,000 |
| 2024-10-07 | Listed for sale | $199,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-09 | $927.22 | 1.29% | $36,509 | 1.29% |
| 2023-01-09 | $915.43 | 4.66% | $36,045 | 42.68% |
| 2022-01-09 | $874.64 | 14.29% | $25,263 | 25.45% |
What's Special
Storage
Listed by: Jerome James • Covenant Realty Associates, LLC
Mls Name: MGMLS
Mls Provider:
Mls ID: #177722
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