705 Thurmond DrMaconGA31204
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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
Rental property for sale in Macon at 705 Thurmond Dr, Macon, GA, 31204 priced at $200,000 converts $1,586/mo rent into $369/mo cash flow after a $979/mo obligation. Total monthly income equals $1,586/mo, and annual cash flow totals $4,424/yr on $66,300 invested. Return on cash invested prints 26.58% in year one, and rental yield reads 9.52% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 138.51% and total cumulative return in cash sums $91,832. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,586/mo property income covering a $979/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31204, Macon, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,315 (100%) |
| Owner Occupied HU | 6,224 (40.6%) |
| Renter Occupied HU | 6,853 (44.7%) |
| Vacant Housing Units | 2,238 (14.6%) |
| Median Home Value | $177,395 |
| Average Home Value | $236,845 |
Housing Distribution
Address Breakdown
Residential
13,473
Single Family
12,659
Multi-Family
814
Businesses
1,022
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