423 Edgewater CirMaconGA31220
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 423 Edgewater Cir, Macon, GA, 31220 priced at $225,000 pairs $2,580/mo rent with $1,161/mo cash flow after a $1,101/mo payment. Total monthly income equals $2,580/mo, and annual cash flow comes to $13,930/yr on $74,588 invested. Return on cash invested is 38.59% in year one, and rental yield stands at 13.76% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 203.15% and total cumulative return in cash reaches $151,521. For financing, Ziffy Mortgage’s DSCR program evaluates $2,580/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
0.34 Acres lot
$N/A/sqft
$600 annually 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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Nearby investment properties with comparable prices
Listed by: Mendie Ekwere • Sanders RE, LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7447122
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