598 3rd St #3200MaconGA31201
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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
Total monthly income runs $3,175/mo, and a $3,387/mo payment. Purchase price stands at $692,000, and rental yield measures 5.51% with $3,175/mo rent. Return on cash invested shows 14.6% in year one, and 5% annual appreciation builds toward $191,187 over five years. Five-year ROI reaches 74.19% and total cumulative return in cash records $168,900. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,175/mo property income covering a $3,387/mo payment rather than investor’s personal income.
Condo
Built in 1923
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31201, Macon, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,156 (100%) |
| Owner Occupied HU | 875 (17.0%) |
| Renter Occupied HU | 3,335 (64.7%) |
| Vacant Housing Units | 946 (18.3%) |
| Median Home Value | $261,923 |
| Average Home Value | $283,731 |
Housing Distribution
Address Breakdown
Residential
4,414
Single Family
2,973
Multi-Family
1,441
Businesses
1,254
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