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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 198 Apple Valley Rd, Macon, GA, 31217 offers $1,320/mo rent that, after a $822/mo payment, leaves $297/mo cash flow. Total monthly income is $1,320/mo, and annual cash flow is $3,558/yr on $55,659 cash. Return on cash invested measures 26.3% in year one, and rental yield stands at 9.43% at a $167,900 entry. Equity gained on principal adds $1,083/yr while 5% annual appreciation compounds into $46,388 by year five. Five-year ROI records 137.05% and total cumulative return in cash reaches $76,282. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,320/mo property income versus a $822/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31217, Macon, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,049 (100%) |
| Owner Occupied HU | 4,343 (54.0%) |
| Renter Occupied HU | 2,485 (30.9%) |
| Vacant Housing Units | 1,221 (15.2%) |
| Median Home Value | $131,509 |
| Average Home Value | $220,345 |
Residential
7,294
Single Family
7,046
Multi-Family
248
Businesses
320
Date | Event | Price |
|---|---|---|
| 2025-04-08 | Listed for sale | $167,900 |
| 2023-04-19 | Sold | $76,636 |
| 2015-07-14 | Listing removed | $900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-09 | $1410.02 | 9.28% | $55,519 | 9.28% |
| 2023-04-09 | $1290.24 | -12.78% | $50,803 | 18.90% |
| 2022-04-09 | $1479.22 | 11.79% | $42,726 | 22.71% |
What's Special
Storage
Listed by: Cyndi Ferrell • Sheridan, Solomon & Associates
Mls Name: MGMLS
Mls Provider:
Mls ID: #179158
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