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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 1394 2nd St, Macon, GA, 31201 offers a 11.63% rental yield on a $169,900 purchase with $1,646/mo rent. Total monthly income registers $1,646/mo, and a $832/mo payment leaves $612/mo available for distribution. Annual cash flow reaches $7,338/yr on $56,322 to close, and return on cash invested stands at 32.94% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 172.63% and total cumulative return in cash at $97,226. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,646/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31201, Macon, GA area.
| 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 |
Residential
4,414
Single Family
2,973
Multi-Family
1,441
Businesses
1,254
Date | Event | Price |
|---|---|---|
| 2024-08-15 | Listed for sale | $169,900 |
| 2021-07-10 | Listing removed | N/A |
| 2021-02-25 | Listing removed | $66,599 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-20 | $485.92 | 10.64% | $19,133 | 10.63% |
| 2023-01-20 | $439.21 | -73.61% | $17,294 | 47.56% |
| 2022-01-20 | $1664.56 | 795.84% | $11,720 | 139.67% |
Listed by: Jerome James • Covenant Realty Associates, LLC
Mls Name: MGMLS
Mls Provider:
Mls ID: #176216
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