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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% |
Rental property for sale in Macon at 1575 Cedar Ave, Macon, GA, 31204 offers $1,936/mo rent that, after a $661/mo payment, leaves $1,114/mo cash flow. Total monthly income is $1,936/mo, and annual cash flow is $13,369/yr on $44,753 cash. Return on cash invested measures 49.78% in year one, and rental yield stands at 17.21% at a $135,000 entry. Equity gained on principal adds $871/yr while 5% annual appreciation compounds into $37,298 by year five. Five-year ROI records 263.02% and total cumulative return in cash reaches $117,709. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,936/mo property income versus a $661/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1930
7,840 sqft 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 |
|---|---|---|
| 2024-12-04 | Listed for sale | $135,000 |
| 2024-08-08 | Pending sale | $135,000 |
| 2024-08-05 | Listed for sale | $135,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-09 | $477.26 | 7.21% | $18,792 | 7.21% |
| 2023-01-09 | $445.18 | -11.84% | $17,529 | 20.19% |
| 2022-01-09 | $504.95 | 110.95% | $14,585 | 9.66% |
Listed by: Tee Young • Realty Unlimited, LLC
Mls Name: MGMLS
Mls Provider:
Mls ID: #173411
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