173 Pierce Ave, Macon, GA, 31204 | 6.64% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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173 Pierce Ave, Macon, GA, 31204 | 6.64% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Macon at 173 Pierce Ave, Macon, GA, 31204 offers $1,936/mo rent that, after a $1,713/mo payment. Total monthly income is $1,936/mo. Return on cash invested measures 17.9% in year one, and rental yield stands at 6.64% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 91.94% and total cumulative return in cash reaches $106,670. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,936/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1900

0.34 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming 4 bed 2 bath home located in historic district of Macon and built in 1900. This property is zone both residential and commercial! Original charm blends seamlessly with beautiful modern upgrades that exude quality craftsmanship. Newly remodeled kitchen boasts beautiful white cabinetry, granite counter tops, custom tile backsplash, new appliances and a large walk-in Pantry. Both bathrooms upgraded, one with the original four claw tub and the other with a beautiful walk-in shower. This home has off the street parking,four-car parking lot, a two-car detached carport, and a fenced in backyard. The fenced backyard is shady and secure for children or pets. One of your most favorite spots you will enjoy are the 2 large and spacious covered front and rear porches. This adds so much extra square footage to embrace and enjoy. So many spots for lots of rocking chairs, and even a swinging hammock for afternoon naps. Let's not forget the 5 original decorative fireplaces, the original high coffered ceilings, and the original clawfoot tub that has been restored and is beautiful. This home is minutes from downtown Macon, Mercer, and The Medical Center and is move in ready! Don't miss this opportunity!

Neighborhood Data

Neighborhood data shown for ZIP Code: 31204, Macon, GA area.

Housing Distribution

Housing Statistics

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