348 Hortman AveMaconGA31204
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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 348 Hortman Ave, Macon, GA, 31204 priced at $104,900 pairs $990/mo rent with $352/mo cash flow after a $513/mo payment. Total monthly income equals $990/mo, and annual cash flow comes to $4,224/yr on $34,774 invested. Return on cash invested is 32.06% in year one, and rental yield stands at 11.33% on a $104,900 basis. Equity gained on principal adds $677/yr, and 5% annual appreciation accumulates to $28,982 by year five. Five-year ROI measures 167.87% and total cumulative return in cash reaches $58,374. For financing, Ziffy Mortgage’s DSCR program evaluates $990/mo property income against a $513/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1942
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31204, Macon, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
13,473
Single Family
12,659
Multi-Family
814
Businesses
1,022
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