988 New StMaconGA31201
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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 988 New St, Macon, GA, 31201 generates $2,426/mo in rent and, after a $1,708/mo payment, leaves $302/mo in cash flow. Total monthly income is $2,426/mo, and annual cash flow is $3,625/yr on $115,694 invested. Return on cash invested sits at 23.04% in year one, and rental yield is 8.34% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 119.55% and total cumulative return in cash sums $138,312. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,426/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31201, Macon, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,156 (100%) |
| Owner Occupied HU | 875 (17.0%) |
| Renter Occupied HU | 3,335 (64.7%) |
| Vacant Housing Units | 946 (18.3%) |
| Median Home Value | $261,923 |
| Average Home Value | $283,731 |
Housing Distribution
Address Breakdown
Residential
4,414
Single Family
2,973
Multi-Family
1,441
Businesses
1,254
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