508 Willingham CtMaconGA31217
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
Investment property for sale in Macon at 508 Willingham Ct, Macon, GA, 31217 uses $49,725 cash to close to unlock $4,767/yr annual cash flow and $397/mo monthly cash flow. Total monthly income runs $1,310/mo, and a $734/mo payment keeps the spread at $397/mo. Purchase price stands at $150,000, and rental yield measures 10.48% with $1,310/mo rent. Return on cash invested shows 29.5% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 154.17% and total cumulative return in cash records $76,662. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,310/mo property income covering a $734/mo payment rather than investor’s personal income.
Multi Family
Built in 1971
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31217, Macon, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,049 (100%) |
| Owner Occupied HU | 4,343 (54.0%) |
| Renter Occupied HU | 2,485 (30.9%) |
| Vacant Housing Units | 1,221 (15.2%) |
| Median Home Value | $131,509 |
| Average Home Value | $220,345 |
Housing Distribution
Address Breakdown
Residential
7,294
Single Family
7,046
Multi-Family
248
Businesses
320
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices