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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 2995 Virginia Dr #83, Macon, GA, 31206 generates $1,806/mo in rent, after a $2,692/mo payment. Total monthly income is $1,806/mo. Return on cash invested sits at 9.84% in year one, and rental yield is 3.94% on a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 48.67% and total cumulative return in cash sums $88,066. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,806/mo property income rather than buyer’s personal income.
Multi Family
Built in N/A
21.37 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 |
|---|---|---|
| 2024-07-10 | Price change | $550,000 |
| 2023-05-28 | Listed for sale | $750,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Xiaojun Wen • Russell Realty Brokers, LLC.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7223307
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