218 Matlock LnMaconGA31210
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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
Rental property for sale in Macon at 218 Matlock Ln, Macon, GA, 31210 priced at $239,000 converts $1,731/mo rent into $276/mo cash flow after a $1,170/mo obligation. Total monthly income equals $1,731/mo, and annual cash flow totals $3,314/yr on $79,229 invested. Return on cash invested prints 24.09% in year one, and rental yield reads 8.69% against a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation compiles into $66,031 by year five. Five-year ROI reaches 125.18% and total cumulative return in cash sums $99,180. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,731/mo property income covering a $1,170/mo payment, not borrower’s personal income.
Single Family
Built in 1977
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31210, Macon, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,994 (100%) |
| Owner Occupied HU | 8,223 (48.4%) |
| Renter Occupied HU | 7,270 (42.8%) |
| Vacant Housing Units | 1,501 ( 8.8%) |
| Median Home Value | $316,169 |
| Average Home Value | $363,621 |
Housing Distribution
Address Breakdown
Residential
16,289
Single Family
10,774
Multi-Family
5,515
Businesses
1,379
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