306 Mill Meadow RdMaconGA31216
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Nearby investment properties with comparable prices
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 306 Mill Meadow Rd, Macon, GA, 31216 priced at $255,000 pairs $2,444/mo rent with $892/mo cash flow after a $1,248/mo payment. Total monthly income equals $2,444/mo, and annual cash flow comes to $10,705/yr on $84,533 invested. Return on cash invested is 32.57% in year one, and rental yield stands at 11.5% on a $255,000 basis. Equity gained on principal adds $1,645/yr, and 5% annual appreciation accumulates to $70,452 by year five. Five-year ROI measures 170.68% and total cumulative return in cash reaches $144,284. For financing, Ziffy Mortgage’s DSCR program evaluates $2,444/mo property income against a $1,248/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31216, Macon, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,882 (100%) |
| Owner Occupied HU | 5,108 (74.2%) |
| Renter Occupied HU | 1,338 (19.4%) |
| Vacant Housing Units | 436 ( 6.3%) |
| Median Home Value | $258,738 |
| Average Home Value | $292,504 |
Housing Distribution
Address Breakdown
Residential
6,795
Single Family
6,344
Multi-Family
451
Businesses
382
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