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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% |
Investment property for sale in Macon at 505 Macmillan Ln, Macon, GA, 31220 uses $69,582 cash to close to unlock $7,514/yr annual cash flow and $626/mo monthly cash flow. Total monthly income runs $1,920/mo, and a $1,027/mo payment keeps the spread at $626/mo. Purchase price stands at $209,900, and rental yield measures 10.98% with $1,920/mo rent. Return on cash invested shows 30.71% in year one, and 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 160.78% and total cumulative return in cash records $111,872. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $1,027/mo payment rather than investor’s personal income.
Single Family
Built in 2024
0.37 Acres lot
$N/A/sqft
$200 annually 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 |
|---|---|---|
| 2024-09-04 | Listed for sale | $209,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Trey Yaun • EXP REALTY ASSOCIATES
Mls Name: CGMLS
Mls ID: #245516
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.
