777 Grosso AveMaconGA31204
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 777 Grosso Ave, Macon, GA, 31204 at $105,000 posts ROI 46.42% with $769/mo cash flow from $1,408/mo rent. Total monthly income equals $1,408/mo, and annual cash flow records $9,226/yr on $34,808 to close. Return on cash invested measures 46.42% and rental yield reads 16.09% at the current $105,000. Equity gained on principal adds $678/yr, and 5% annual appreciation supports $29,010 by year five. Five-year ROI prints 244.85% and total cumulative return in cash totals $85,226.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,408/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1967
4,791 sqft 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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Listed by: Dailan A. Hughes • Sold Realty Group
Mls Name: GAMLS
Mls Provider:
Mls ID: #10354260
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.