2246 Ashley StMaconGA31204
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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 2246 Ashley St, Macon, GA, 31204 uses $53,707 cash to close to unlock $11,835/yr annual cash flow and $986/mo monthly cash flow. Total monthly income runs $1,993/mo, and a $793/mo payment keeps the spread at $986/mo. Purchase price stands at $162,012, and rental yield measures 14.76% with $1,993/mo rent. Return on cash invested shows 41.95% in year one, and 5% annual appreciation builds toward $44,761 over five years. Five-year ROI reaches 221.13% and total cumulative return in cash records $118,761. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,993/mo property income covering a $793/mo payment rather than investor’s personal income.
Single Family
Built in 1968
0.39 Acres 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: Tee Young • Realty Unlimited, LLC
Mls Name: MGMLS
Mls Provider:
Mls ID: #166877
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