415 IrongateMaconGA31220
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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 415 Irongate, Macon, GA, 31220 priced at $1,049,000 converts $7,584/mo rent into $1,200/mo cash flow after a $5,134/mo obligation. Total monthly income equals $7,584/mo, and annual cash flow totals $14,399/yr on $339,876 invested. Return on cash invested prints 24.61% in year one, and rental yield reads 8.68% against a $1,049,000 entry. Equity gained on principal adds $6,769/yr, while 5% annual appreciation compiles into $289,819 by year five. Five-year ROI reaches 127.79% and total cumulative return in cash sums $434,332. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,584/mo property income covering a $5,134/mo payment, not borrower’s personal income.
Single Family
Built in 2012
5.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31220, Macon, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
6,347
Single Family
5,163
Multi-Family
1,184
Businesses
176
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