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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 3199 Avant Rd, Macon, GA, 31216 priced at $298,500 converts $2,486/mo rent into $669/mo cash flow after a $1,461/mo obligation. Total monthly income equals $2,486/mo, and annual cash flow totals $8,031/yr on $98,953 invested. Return on cash invested prints 28.03% in year one, and rental yield reads 9.99% against a $298,500 entry. Equity gained on principal adds $1,926/yr, while 5% annual appreciation compiles into $82,470 by year five. Five-year ROI reaches 146.26% and total cumulative return in cash sums $144,729. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,486/mo property income covering a $1,461/mo payment, not borrower’s personal income.
Single Family
Built in 1989
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31216, Macon, GA area.
| 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 |
Residential
6,795
Single Family
6,344
Multi-Family
451
Businesses
382
Date | Event | Price |
|---|---|---|
| 2025-03-01 | Price change | $298,500 |
| 2025-02-20 | Price change | $329,900 |
| 2025-02-17 | Listed for sale | $349,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-10 | $1586.45 | N/A | $62,466 | N/A |
| 2023-04-10 | $1586.45 | -11.92% | $62,466 | 20.06% |
| 2022-04-10 | $1801.22 | -5.21% | $52,028 | 4.04% |
Listed by: Parker Moore • RIVOLI REALTY
Mls Name: CGMLS
Mls ID: #252410
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.
