378 Cowan StMaconGA31217
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Macon at 378 Cowan St, Macon, GA, 31217 earns from $902/mo rent with a $2,643/mo payment. Total monthly income totals $902/mo. ROI tracks 3.95% on current figures, and rental yield reads 2% at a $540,000 purchase. Equity gained on principal adds $3,485/yr, and 5% annual appreciation supports $149,192 over five years. Five-year ROI reaches 17.12% and total cumulative return in cash sums $30,422. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $902/mo property income instead of your personal income.
Multi Family
Built in 1977
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31217, Macon, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,049 (100%) |
| Owner Occupied HU | 4,343 (54.0%) |
| Renter Occupied HU | 2,485 (30.9%) |
| Vacant Housing Units | 1,221 (15.2%) |
| Median Home Value | $131,509 |
| Average Home Value | $220,345 |
Housing Distribution
Address Breakdown
Residential
7,294
Single Family
7,046
Multi-Family
248
Businesses
320
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices