826 Edward PlMaconGA31204
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 826 Edward Pl, Macon, GA, 31204 in Macon hard to pass up. The 10.7% gross yield on a $279,900 purchase results in $2,495/mo in rent and $791/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.98). Annual cash flow of $9,495, five-year appreciation of $77,331, and $2,578/yr in equity build-up combine for a projected total cumulative return of $156,940.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 7.0% |
| Monthly Cash Flow | $791 | $450 |
City averages based on Macon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,495 |
| Total Monthly Debt Service | $1,592 |
| DSCR Ratio | 1.57x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1973
0.55 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
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
Single Family
Built in 1973
0.55 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela Woods • MAXIMUM ONE PLATINUM REALTORS
Mls Name: CGMLS
Mls ID: #253554
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.