608 Moreland AveMaconGA31206
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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
Investment property for sale in Macon at 608 Moreland Ave, Macon, GA, 31206 offers a 13.27% rental yield on a $147,000 purchase with $1,625/mo rent. Total monthly income registers $1,625/mo, and a $719/mo payment leaves $731/mo available for distribution. Annual cash flow reaches $8,770/yr on $48,731 to close, and return on cash invested stands at 37.91% in year one. Equity gained on principal adds $949/yr while 5% annual appreciation supports $40,613 over five years. Portfolio math shows five-year ROI at 199.24% and total cumulative return in cash at $97,092. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,625/mo property income against a $719/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31206, Macon, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,584 (100%) |
| Owner Occupied HU | 4,190 (36.2%) |
| Renter Occupied HU | 5,295 (45.7%) |
| Vacant Housing Units | 2,099 (18.1%) |
| Median Home Value | $85,452 |
| Average Home Value | $142,008 |
Housing Distribution
Address Breakdown
Residential
10,621
Single Family
9,782
Multi-Family
839
Businesses
1,039
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Listed by: Cody Lekberg • SOUTHERN CLASSIC REALTORS
Mls Name: CGMLS
Mls ID: #252536
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.