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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% |
Rental property for sale in Macon at 413 Panorama Pl, Macon, GA, 31220 priced at $275,000 converts $1,983/mo rent into $309/mo cash flow after a $1,346/mo obligation. Total monthly income equals $1,983/mo, and annual cash flow totals $3,711/yr on $91,163 invested. Return on cash invested prints 23.98% in year one, and rental yield reads 8.65% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 124.58% and total cumulative return in cash sums $113,567. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,983/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 1976
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31220, Macon, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,232 (100%) |
| Owner Occupied HU | 3,951 (63.4%) |
| Renter Occupied HU | 1,849 (29.7%) |
| Vacant Housing Units | 432 ( 6.9%) |
| Median Home Value | $273,973 |
| Average Home Value | $347,203 |
Residential
6,347
Single Family
5,163
Multi-Family
1,184
Businesses
176
Date | Event | Price |
|---|---|---|
| 2024-12-13 | Listed for sale | $275,000 |
| 2023-08-07 | Sold | $105,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-16 | $1632.60 | 21.35% | $64,283 | 21.35% |
| 2023-02-16 | $1345.33 | -25.51% | $52,972 | 1.55% |
| 2022-02-16 | $1805.94 | 5.69% | $52,162 | 16.00% |
Listed by: Helen Hunt • CENTURY 21 HOMES & INVESTMENTS
Mls Name: CGMLS
Mls ID: #247365
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
