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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% |
Investment property for sale in Macon at 358 Buford Pl, Macon, GA, 31204 uses $89,472 cash to close to unlock $23,656/yr annual cash flow and $1,971/mo monthly cash flow. Total monthly income runs $3,614/mo, and a $1,321/mo payment keeps the spread at $1,971/mo. Purchase price stands at $269,900, and rental yield measures 16.07% with $3,614/mo rent. Return on cash invested shows 46.35% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 244.51% and total cumulative return in cash records $218,766. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,614/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Single Family
Built in 1926
8,712 sqft 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 |
|---|---|---|
| 2024-08-23 | Listed for sale | $269,900 |
| 2020-06-22 | Sold | $177,000 |
| 2016-09-16 | Sold | $145,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-14 | $1563.94 | 48.37% | $68,580 | 3.12% |
| 2023-09-14 | $1054.08 | -51.25% | $66,504 | -4.24% |
| 2022-09-14 | $2162.05 | 4.48% | $69,449 | 13.00% |
What's Special
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Listed by: Jimmy Johnson • Georgia Real Estate Advisors
Mls Name: MGMLS
Mls Provider:
Mls ID: #176320
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