2724 Pierce Dr SMaconGA31204
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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 2724 Pierce Dr S, Macon, GA, 31204 priced at $170,000 converts $1,657/mo rent into $622/mo cash flow after a $832/mo obligation. Total monthly income equals $1,657/mo, and annual cash flow totals $7,469/yr on $56,355 invested. Return on cash invested prints 33.16% in year one, and rental yield reads 11.7% against a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation compiles into $46,968 by year five. Five-year ROI reaches 173.81% and total cumulative return in cash sums $97,953. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,657/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1949
0.34 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: Joclyn Poff • SOUTHERN CLASSIC REALTORS
Mls Name: CGMLS
Mls ID: #251720
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.