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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 1467 New Castle Dr, Macon, GA, 31204 listed at $139,900 pairs $1,100/mo rent with a $685/mo payment to leave $248/mo cash flow. Total monthly income runs $1,100/mo, and annual cash flow reaches $2,979/yr on $46,377 cash to close. Return on cash invested measures 26.33% in year one, and rental yield registers 9.44% at a $139,900 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,652 by year five. Five-year ROI tracks 137.25% and total cumulative return in cash totals $63,651. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,100/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
0.48 Acres 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 |
|---|---|---|
| 2025-06-06 | Listed for sale | $139,900 |
| 2025-06-01 | Listing removed | $139,900 |
| 2025-02-23 | Price change | $139,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-05 | $1133.87 | 14.67% | $46,141 | 18.51% |
| 2023-07-05 | $988.81 | -2.19% | $38,934 | 27.44% |
| 2022-07-05 | $1010.93 | 1.18% | $30,550 | 16.19% |
Listed by: Michelle Arnold • GERALD ARNOLD REAL ESTATE
Mls Name: CGMLS
Mls ID: #253741
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
