322 Pittman StMaconGA31206
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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 322 Pittman St, Macon, GA, 31206 generates $1,099/mo in rent and, after a $489/mo payment, leaves $470/mo in cash flow. Total monthly income is $1,099/mo, and annual cash flow is $5,638/yr on $33,150 invested. Return on cash invested sits at 36.92% in year one, and rental yield is 13.19% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 194.15% and total cumulative return in cash sums $64,360. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,099/mo property income rather than buyer’s personal income.
Multi Family
Built in 1986
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31206, Macon, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,621
Single Family
9,782
Multi-Family
839
Businesses
1,039
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Listed by: Tee Young • Realty Unlimited, LLC
Mls Name: MGMLS
Mls Provider:
Mls ID: #178949
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