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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 3280 Ingleside Ave, Macon, GA, 31204 priced at $324,000 converts $1,979/mo rent into $7/mo cash flow after a $1,586/mo obligation. Total monthly income equals $1,979/mo, and annual cash flow totals $83/yr on $107,406 invested. Return on cash invested prints 19.99% in year one, and rental yield reads 7.33% against a $324,000 entry. Equity gained on principal adds $2,091/yr, while 5% annual appreciation compiles into $89,515 by year five. Five-year ROI reaches 103.11% and total cumulative return in cash sums $110,747. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,979/mo property income covering a $1,586/mo payment, not borrower’s personal income.
Single Family
Built in 1940
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31204, Macon, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,315 (100%) |
| Owner Occupied HU | 6,224 (40.6%) |
| Renter Occupied HU | 6,853 (44.7%) |
| Vacant Housing Units | 2,238 (14.6%) |
| Median Home Value | $177,395 |
| Average Home Value | $236,845 |
Residential
13,473
Single Family
12,659
Multi-Family
814
Businesses
1,022
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Joanna Jones • Sheridan Solomon & Associates
Mls Name: GAMLS
Mls ID: #10624083
