653 Britton WayMaconGA31216
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
Investment property for sale in Macon at 653 Britton Way, Macon, GA, 31216 offers a 10.13% rental yield on a $320,450 purchase with $2,704/mo rent. Total monthly income registers $2,704/mo, and a $1,568/mo payment leaves $737/mo available for distribution. Annual cash flow reaches $8,850/yr on $106,229 to close, and return on cash invested stands at 28.24% in year one. Equity gained on principal adds $2,068/yr while 5% annual appreciation supports $88,534 over five years. Portfolio math shows five-year ROI at 147.47% and total cumulative return in cash at $156,660. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,704/mo property income against a $1,568/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.25 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31216, Macon, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,882 (100%) |
| Owner Occupied HU | 5,108 (74.2%) |
| Renter Occupied HU | 1,338 (19.4%) |
| Vacant Housing Units | 436 ( 6.3%) |
| Median Home Value | $258,738 |
| Average Home Value | $292,504 |
Housing Distribution
Address Breakdown
Residential
6,795
Single Family
6,344
Multi-Family
451
Businesses
382
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandra Shellie • ADAMS HOMES REALTY
Mls Name: CGMLS
Mls ID: #247017
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.