2360 Kensington RdMaconGA31211
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2360 Kensington Rd, Macon, GA, 31211 offers $1,673/mo rent that, after a $661/mo payment, leaves $851/mo cash flow. Total monthly income is $1,673/mo, and annual cash flow is $10,213/yr on $44,753 cash. Return on cash invested measures 42.73% in year one, and rental yield stands at 14.87% at a $135,000 entry. Equity gained on principal adds $871/yr while 5% annual appreciation compounds into $37,298 by year five. Five-year ROI records 225.21% and total cumulative return in cash reaches $100,789. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,673/mo property income versus a $661/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31211, Macon, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,976 (100%) |
| Owner Occupied HU | 4,165 (52.2%) |
| Renter Occupied HU | 2,861 (35.9%) |
| Vacant Housing Units | 950 (11.9%) |
| Median Home Value | $169,785 |
| Average Home Value | $212,640 |
Housing Distribution
Address Breakdown
Residential
7,203
Single Family
6,345
Multi-Family
858
Businesses
342
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Nearby investment properties with comparable prices
Listed by: Jeffrey Egnatz • Amo Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10414991
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.