2963 Castlewoods DrMaconGA31204
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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 2963 Castlewoods Dr, Macon, GA, 31204 generates $1,794/mo in rent and, after a $1,027/mo payment, leaves $517/mo in cash flow. Total monthly income is $1,794/mo, and annual cash flow is $6,202/yr on $69,582 invested. Return on cash invested sits at 28.82% in year one, and rental yield is 10.26% on a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 150.52% and total cumulative return in cash sums $104,732. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,794/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
0.41 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: Parker Moore • RIVOLI REALTY
Mls Name: CGMLS
Mls ID: #252399
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.