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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 508 Candlewick Ct, Macon, GA, 31220 listed at $250,000 pairs $1,854/mo rent with a $1,224/mo payment to leave $332/mo cash flow. Total monthly income runs $1,854/mo, and annual cash flow reaches $3,985/yr on $82,875 cash to close. Return on cash invested measures 24.72% in year one, and rental yield registers 8.9% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 128.56% and total cumulative return in cash totals $106,546. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,854/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
0.67 Acres 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 |
|---|---|---|
| 2025-04-23 | Listed for sale | $250,000 |
| 2003-12-11 | Sold | $135,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-24 | $1313.89 | 53.70% | $64,512 | 0.12% |
| 2023-04-24 | $854.85 | -47.49% | $64,437 | 9.48% |
| 2022-04-24 | $1628.11 | -9.02% | $58,856 | N/A |
Listed by: Cindy Durden • KELLER WILLIAMS REALTY MIDDLE GEORGIA
Mls Name: CGMLS
Mls ID: #252696
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.
