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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 2989 Claridge Ct, Macon, GA, 31204 uses $87,848 cash to close to unlock $9,675/yr annual cash flow and $806/mo monthly cash flow. Total monthly income runs $2,419/mo, and a $1,297/mo payment keeps the spread at $806/mo. Purchase price stands at $265,000, and rental yield measures 10.95% with $2,419/mo rent. Return on cash invested shows 30.92% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 161.81% and total cumulative return in cash records $142,143. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,419/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 1971
0.57 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 |
|---|---|---|
| 2025-06-05 | Sold | $265,000 |
| 2025-04-23 | Pending sale | $265,500 |
| 2025-04-04 | Listed for sale | $265,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-05 | $2099.04 | 265.18% | $101,898 | 113.93% |
| 2023-07-05 | $574.79 | -73.36% | $47,632 | -31.28% |
| 2022-07-05 | $2157.33 | 29.64% | $69,313 | 36.47% |
Listed by: Patty Brown • Berkshire Hathaway HomeServices Georgia Properties
Mls Name: MGMLS
Mls Provider:
Mls ID: #179144
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