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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 524 High Point North Rd, Macon, GA, 31210 listed at $224,999 pairs $2,129/mo rent with a $1,101/mo payment to leave $760/mo cash flow. Total monthly income runs $2,129/mo, and annual cash flow reaches $9,119/yr on $74,587 cash to close. Return on cash invested measures 32.13% in year one, and rental yield registers 11.35% at a $224,999 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 168.27% and total cumulative return in cash totals $125,505. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,129/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1973
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31210, Macon, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,994 (100%) |
| Owner Occupied HU | 8,223 (48.4%) |
| Renter Occupied HU | 7,270 (42.8%) |
| Vacant Housing Units | 1,501 ( 8.8%) |
| Median Home Value | $316,169 |
| Average Home Value | $363,621 |
Residential
16,289
Single Family
10,774
Multi-Family
5,515
Businesses
1,379
Date | Event | Price |
|---|---|---|
| 2024-10-13 | Listed for sale | $224,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-16 | $1458.93 | -0.88% | $64,445 | 11.20% |
| 2023-10-16 | $1471.81 | -23.88% | $57,952 | 3.76% |
| 2022-10-16 | $1933.65 | 3.59% | $55,852 | 13.70% |
Listed by: Allyson Moody • Sheridan, Solomon & Associates
Mls Name: MGMLS
Mls Provider:
Mls ID: #176965
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