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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% |
Rental property for sale in Macon at 624 Bellgrove Point, Macon, GA, 31220 offers $5,263/mo rent that, after a $3,744/mo payment, leaves $607/mo cash flow. Total monthly income is $5,263/mo, and annual cash flow is $7,288/yr on $251,685 cash. Return on cash invested measures 22.96% in year one, and rental yield stands at 8.26% at a $765,000 entry. Equity gained on principal adds $4,936/yr while 5% annual appreciation compounds into $211,355 by year five. Five-year ROI records 119.02% and total cumulative return in cash reaches $299,543. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,263/mo property income versus a $3,744/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31220, Macon, GA area.
| 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 |
Residential
6,347
Single Family
5,163
Multi-Family
1,184
Businesses
176
Date | Event | Price |
|---|---|---|
| 2025-04-16 | Listed for sale | $765,000 |
| 2006-02-01 | Sold | $595,000 |
| 2005-06-21 | Sold | $65,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-18 | $5852.84 | 8.47% | $237,454 | N/A |
| 2023-04-18 | $5395.70 | -30.83% | $237,454 | 2.21% |
| 2022-04-18 | $7800.60 | 1.03% | $232,314 | 10.52% |
Listed by: Joanna Jones • SHERIDAN SOLOMON & ASSOCIATES
Mls Name: CGMLS
Mls ID: #252563
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.
