592 Lacebark DrMaconGA31220
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 592 Lacebark Dr, Macon, GA, 31220 offers $1,092/mo rent that, after a $1,111/mo payment. Total monthly income is $1,092/mo. Return on cash invested measures 15.29% in year one, and rental yield stands at 5.78% at a $226,900 entry. Equity gained on principal adds $1,464/yr while 5% annual appreciation compounds into $62,688 by year five. Five-year ROI records 77.97% and total cumulative return in cash reaches $58,649. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,092/mo property income versus a $1,111/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
0.47 Acres lot
$N/A/sqft
No 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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