221 Cody DrMaconGA31216
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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 221 Cody Dr, Macon, GA, 31216 uses $69,615 cash to close to unlock $4,749/yr annual cash flow and $396/mo monthly cash flow. Total monthly income runs $1,674/mo, and a $1,028/mo payment keeps the spread at $396/mo. Purchase price stands at $210,000, and rental yield measures 9.57% with $1,674/mo rent. Return on cash invested shows 26.73% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 139.3% and total cumulative return in cash records $96,976. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,674/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31216, Macon, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,882 (100%) |
| Owner Occupied HU | 5,108 (74.2%) |
| Renter Occupied HU | 1,338 (19.4%) |
| Vacant Housing Units | 436 ( 6.3%) |
| Median Home Value | $258,738 |
| Average Home Value | $292,504 |
Housing Distribution
Address Breakdown
Residential
6,795
Single Family
6,344
Multi-Family
451
Businesses
382
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Listed by: Tina Durden-Moate • SHERIDAN SOLOMON & ASSOCIATES-SOUTH
Mls Name: CGMLS
Mls ID: #252604
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.