Listing Courtesy of: David Nasulme - Jubilee Real Estate, Inc. 6784586354

825 Forest Lake Drive S Macon, GA 31210

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Duplex Residence
Beds
Baths
Sq. Ft.
0.44 Acre Lot

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Last updated on 11/12/2024 1:20 AM
This North Macon duplex is suited for owner occupied or individual with a real estate portfolio. The 1109 Valley Rd Unit was built recently and is occupied with a 12 month lease agreement. Renters pay in that unit pay $1,220 per month. The 825 S Forest Lake Dr S unit is owner occupied. This rent est...imate for this unit is $1,750 or more. And, the math is very simple and easily understood that your investment is good. For instance, at 10% down on a 30yr conventional loan, you are looking at $13,455 return per year on your investment. Giving the interest rate today, you can get 6.5% or lower interest rate. So, financing about 292.5k for 30 yrs at 6.5%, your mortgage is $1,848.80 per month and your rental income is $2,970. Your monthly ROI is $1,121.20. Continue reading
MLS#
10364963
Property Type
Duplex
Year Built
1965
Lot Size
0.44
Sewer
Public Sewer, Sewer Connected

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Listing Courtesy of: David Nasulme - Jubilee Real Estate, Inc. 6784586354
Andrea D. Conner, License 367751, Xome Inc., License 65656, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Georgia MLS. All rights reserved.
This content last refreshed on 11/12/2024 1:20 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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