2164 Monroe AveMaconGA31204
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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
Investment Highlights
Investment property for sale in Macon at 2164 Monroe Ave, Macon, GA, 31204 uses $42,358 cash to close to unlock $5,769/yr annual cash flow and $481/mo monthly cash flow. Total monthly income runs $1,258/mo, and a $625/mo payment keeps the spread at $481/mo. Purchase price stands at $127,777, and rental yield measures 11.81% with $1,258/mo rent. Return on cash invested shows 33.53% in year one, and 5% annual appreciation builds toward $35,302 over five years. Five-year ROI reaches 175.79% and total cumulative return in cash records $74,461. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,258/mo property income covering a $625/mo payment rather than investor’s personal income.
Single Family
Built in 1950
5,227 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
13,473
Single Family
12,659
Multi-Family
814
Businesses
1,022
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Listed by: Cindy Durden • KELLER WILLIAMS REALTY MIDDLE GEORGIA
Mls Name: CGMLS
Mls ID: #252309
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.