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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% |
- 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 385 Redbud Dr, Macon, GA, 31217 generates $1,046/mo in rent and, after a $657/mo payment, leaves $229/mo in cash flow. Total monthly income is $1,046/mo, and annual cash flow is $2,749/yr on $44,484 invested. Return on cash invested sits at 26.09% in year one, and rental yield is 9.35% on a $134,190 entry. Equity gained on principal adds $866/yr, while 5% annual appreciation builds toward $37,074 over five years. Five-year ROI reaches 135.98% and total cumulative return in cash sums $60,490. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,046/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
1.90 Acres lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1979
- Architectural Style: N/A
- Building Area: N/A
- Living Area: N/A
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Other
Location
- City: N/A
- Subdivision: N/A
- Lot Size: 1.90 Acres
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Edith Angelo • Angelo Properties, Inc
Mls Name: MGMLS
Mls ID: #182073