Off-Market Property at 1060 Cypress Dr, Macon, GA 31204

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $145 per day and long-term for an average of $1,201 per month, based on similar listings in the area. Estimated short-term cap rate of 8.1%. Estimated long-term cap rate of 1.4%. RENOVATED 3 bedroom 2 bath ranch home in Macon, minutes from Mercer University, I-475 and I-75. Updated bathrooms with tile flooring, modern fixtures and step up jetted tub. Recessed lighting throughout the home and modern light fixtures in family room and dining room. Spacious backyard and front yard with a covered porch. Electric fireplace ( modern wall mounted fireplace to be installed in coming weeks) in the family room. Hardwood (will be stained in coming weeks) and vinyl flooring throughout home and ceiling fans in bedrooms. This home is minutes away from shopping conveniences such as Sam's Club, The Home Depot, Walmart, Kroger and Aldi, as well as restaurants such as Golden Corral, Chic-fil-A and McAlister's Deli. Also 5 minutes from Mercer University and 7 minutes from Middle Georgia State University. Come and see this renovated home today and the surrounding neighborhood with so much to offer. Dishwasher and stove to be installed in the coming weeks.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$752
Bedrooms
3
Bathrooms
2
SQFT
1,406
Furnished
N/A
Year built
1951
Listing Status
Off Market
MLS
10386423

Short-term Rental Potential
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$26,184

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$117

Price/SQFT

Long-term Rental Potential
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$14,412

Revenue
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Profit
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Cap rate
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Cash on Cash
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$1,201/mo

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