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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 7386 Nowell Rd S, Macon, GA, 31216 earns $551/mo cash flow from $2,128/mo rent with a $1,268/mo payment. Total monthly income totals $2,128/mo, and annual cash flow totals $6,616/yr on $85,859 capital. ROI tracks 27.62% on current figures, and rental yield reads 9.86% at a $259,000 purchase. Equity gained on principal adds $1,671/yr, and 5% annual appreciation supports $71,557 over five years. Five-year ROI reaches 144.06% and total cumulative return in cash sums $123,688. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,128/mo property income instead of your personal income.
Single Family
Built in 1965
1.82 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31216, Macon, GA area.
| 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 |
Residential
6,795
Single Family
6,344
Multi-Family
451
Businesses
382
Date | Event | Price |
|---|---|---|
| 2024-10-11 | Listed for sale | $259,000 |
| 2020-12-18 | Sold | $85,000 |
| 2020-01-03 | Sold | $65,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-16 | $1390.08 | 13.34% | $54,733 | 13.34% |
| 2023-10-16 | $1226.50 | -26.04% | $48,293 | 0.82% |
| 2022-10-16 | $1658.41 | 28.36% | $47,902 | N/A |
Listed by: Leon Collins • COLLINS REAL ESTATE
Mls Name: CGMLS
Mls ID: #246269
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.
