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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% |
Rental property for sale in Macon at 2933 King Alfred Dr, Macon, GA, 31204 generates $1,859/mo in rent and, after a $1,175/mo payment, leaves $398/mo in cash flow. Total monthly income is $1,859/mo, and annual cash flow is $4,776/yr on $79,560 invested. Return on cash invested sits at 25.91% in year one, and rental yield is 9.29% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 134.87% and total cumulative return in cash sums $107,306. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,859/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31204, Macon, GA area.
| 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 |
Residential
13,473
Single Family
12,659
Multi-Family
814
Businesses
1,022
Date | Event | Price |
|---|---|---|
| 2025-05-24 | Listed for sale | $240,000 |
| 2019-09-17 | Sold | $138,000 |
| 2019-08-08 | Pending sale | $138,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-26 | $1482.88 | 14.21% | $58,388 | 14.21% |
| 2023-05-26 | $1298.42 | -35.65% | $51,125 | -12.27% |
| 2022-05-26 | $2017.65 | 6.83% | $58,278 | 17.25% |
Listed by: Jenalee Carr • HRP Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10529534
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 2025 GAMLS. All rights reserved.
