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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 638 Lokchapee Rdg, Macon, GA, 31210 listed at $310,000 pairs $3,526/mo rent with a $1,517/mo payment to leave $1,620/mo cash flow. Total monthly income runs $3,526/mo, and annual cash flow reaches $19,443/yr on $102,765 cash to close. Return on cash invested measures 38.83% in year one, and rental yield registers 13.65% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 204.26% and total cumulative return in cash totals $209,911. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,526/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
0.37 Acres 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 |
|---|---|---|
| 2024-09-03 | Listed for sale | $310,000 |
| 2022-03-22 | Sold | $260,000 |
| 2021-11-19 | Pending sale | $259,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-14 | $2804.90 | 6.20% | $110,442 | N/A |
| 2023-09-14 | $2641.26 | -19.77% | $110,442 | 8.18% |
| 2022-09-14 | $3292.04 | 6.48% | $102,089 | 15.53% |
What's Special
Expandable
Listed by: Steven T. Koleno • Beycome Brokerage Realty LLC
Mls Name: GAMLS
Mls Provider:
Mls ID: #10370364
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.
