825 Forest Lake Drive S Macon, GA 31210
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 estimate 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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyBibb
- Taxes$1,480
- HOA/Condo/Coop Fees$0
- Days on Site48 Days
- MLS StatusActive
- MLS ID Number10364963
- Home Size Source N/A
- Year Built1965
- Lot Size0.44 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction BlockBrickVinyl Siding
- Parking AttachedCarportDetachedGarageGarage Door OpenerOff StreetSide/ Rear Entrance
- Parking Spaces 8
- Sewer Public Sewer
- Basement Bath FinishedDaylightExterior EntryFinishedInterior Entry
- Number of Stories Multi/Split
- Acreage 0.44
- Water Public
- Green Energy Efficient DoorsInsulationWindows
- Utilities Sewer ConnectedUnderground Utilities
- Foundation BlockSlab
Interior Features
- Cooling Attic FanCeiling Fan(s)Central AirDualElectricHeat PumpZoned
- Heating CentralElectricForced AirHeat Pump
- Fireplaces 1
- Laundry Features In Unit
Community Features
- Association Dues 0
- Community Features None