408 Sandy CtMaconGA31217
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 408 Sandy Ct, Macon, GA, 31217 uses $42,929 cash to close to unlock $10,004/yr annual cash flow and $834/mo monthly cash flow. Total monthly income runs $1,622/mo, and a $634/mo payment keeps the spread at $834/mo. Purchase price stands at $129,500, and rental yield measures 15.03% with $1,622/mo rent. Return on cash invested shows 43.21% in year one, and 5% annual appreciation builds toward $35,778 over five years. Five-year ROI reaches 227.71% and total cumulative return in cash records $97,754. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,622/mo property income covering a $634/mo payment rather than investor’s personal income.
Manufactured
Built in 1993
0.77 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
Listed by: John Conn • Conn Realty & Associates
Mls Name: MGMLS
Mls Provider:
Mls ID: #176577
Disclaimer: Listings on this website come from the MGMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any MGMLS Listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. 2023 MGMLS.