771 Center StMaconGA31217
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
Rental property for sale in Macon at 771 Center St, Macon, GA, 31217 priced at $175,000 converts $1,365/mo rent into $299/mo cash flow after a $857/mo obligation. Total monthly income equals $1,365/mo, and annual cash flow totals $3,594/yr on $58,013 invested. Return on cash invested prints 26.1% in year one, and rental yield reads 9.36% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 135.96% and total cumulative return in cash sums $78,871. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,365/mo property income covering a $857/mo payment, not borrower’s personal income.
Single Family
Built in 2024
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31217, Macon, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,049 (100%) |
| Owner Occupied HU | 4,343 (54.0%) |
| Renter Occupied HU | 2,485 (30.9%) |
| Vacant Housing Units | 1,221 (15.2%) |
| Median Home Value | $131,509 |
| Average Home Value | $220,345 |
Housing Distribution
Address Breakdown
Residential
7,294
Single Family
7,046
Multi-Family
248
Businesses
320
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Listed by: Shondreika Searcy • SOLD REALTY GROUP
Mls Name: CGMLS
Mls ID: #252460
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.