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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Macon at 2480 Brevard Dr, Macon, GA, 31206 uses $39,780 cash to close to unlock $15,060/yr annual cash flow and $1,255/mo monthly cash flow. Total monthly income runs $1,985/mo, and a $587/mo payment keeps the spread at $1,255/mo. Purchase price stands at $120,000, and rental yield measures 19.85% with $1,985/mo rent. Return on cash invested shows 57.77% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 305.69% and total cumulative return in cash records $121,603. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,985/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31206, Macon, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,584 (100%) |
| Owner Occupied HU | 4,190 (36.2%) |
| Renter Occupied HU | 5,295 (45.7%) |
| Vacant Housing Units | 2,099 (18.1%) |
| Median Home Value | $85,452 |
| Average Home Value | $142,008 |
Residential
10,621
Single Family
9,782
Multi-Family
839
Businesses
1,039
Date | Event | Price |
|---|---|---|
| 2024-02-16 | Listed for sale | $120,000 |
| 2024-01-22 | Pending sale | $120,000 |
| 2023-10-11 | Listed for sale | $120,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-14 | $284.42 | 17.65% | $11,200 | -27.44% |
| 2023-09-14 | $241.75 | -29.83% | $15,436 | 55.12% |
| 2022-09-14 | $344.51 | 34.67% | $9,951 | 47.82% |
Listed by: Craig Gordon • FICKLING & COMPANY
Mls Name: CGMLS
Mls ID: #235927
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.
