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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 344 Thoroughbred Ln, Macon, GA, 31216 offers $3,482/mo rent that, after a $2,104/mo payment, leaves $866/mo cash flow. Total monthly income is $3,482/mo, and annual cash flow is $10,388/yr on $142,512 cash. Return on cash invested measures 27.2% in year one, and rental yield stands at 9.72% at a $429,900 entry. Equity gained on principal adds $2,774/yr while 5% annual appreciation compounds into $118,773 by year five. Five-year ROI records 141.8% and total cumulative return in cash reaches $202,087. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,482/mo property income versus a $2,104/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
0.46 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lew Burdett • Berkshire Hathaway HomeServices Georgia Properties
Mls Name: MGMLS
Mls ID: #180532
