321 Browning Point RdMaconGA31216
Nearby investment properties with comparable rents
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 321 Browning Point Rd, Macon, GA, 31216 priced at $295,000 converts $2,246/mo rent into $450/mo cash flow after a $1,444/mo obligation. Total monthly income equals $2,246/mo, and annual cash flow totals $5,406/yr on $97,793 invested. Return on cash invested prints 25.44% in year one, and rental yield reads 9.14% against a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation compiles into $81,503 by year five. Five-year ROI reaches 132.37% and total cumulative return in cash sums $129,446. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,246/mo property income covering a $1,444/mo payment, not borrower’s personal income.
Single Family
Built in 2023
0.49 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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Listed by: Joclyn Poff • SOUTHERN CLASSIC REALTORS
Mls Name: CGMLS
Mls ID: #252167
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.