4067 Mikado AveMaconGA31206
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
Rental property for sale in Macon at 4067 Mikado Ave, Macon, GA, 31206 priced at $180,000 pairs $1,662/mo rent with $567/mo cash flow after a $881/mo payment. Total monthly income equals $1,662/mo, and annual cash flow comes to $6,798/yr on $59,670 invested. Return on cash invested is 31.3% in year one, and rental yield stands at 11.08% on a $180,000 basis. Equity gained on principal adds $1,162/yr, and 5% annual appreciation accumulates to $49,731 by year five. Five-year ROI measures 163.83% and total cumulative return in cash reaches $97,757. For financing, Ziffy Mortgage’s DSCR program evaluates $1,662/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1911
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31206, Macon, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,584 (100%) |
| Owner Occupied HU | 4,190 (36.2%) |
| Renter Occupied HU | 5,295 (45.7%) |
| Vacant Housing Units | 2,099 (18.1%) |
| Median Home Value | $85,452 |
| Average Home Value | $142,008 |
Housing Distribution
Address Breakdown
Residential
10,621
Single Family
9,782
Multi-Family
839
Businesses
1,039
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices