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Vacant Properties in Mcdonough, GA

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Find, analyze, and compare Mcdonough, GA vacant property investment opportunities, including off-market homes with value-add potential for absentee owners. Mcdonough offers a diverse housing market with unoccupied properties that could be suitable for renovations, resale, or conversion into rental units. Vacant property housing market trends indicate that Mcdonough could be a good market for investors, offering opportunities for undervalued homes, absentee landlord investments, renovations, and long-term (LTR) rental strategies. Property Intel by Whitepages makes it easy to uncover off-market vacant properties in Mcdonough, Georgia, compare city and neighborhood benchmarks, and access owner contact information, including absentee or out-of-state owners, to help you find the best vacant homes for your investment strategy.

In Mcdonough, the median property value currently stands at $300,567, reflecting a 0.72% year-over-year increase based on recent sales. The housing market includes a total of 39,835 houses.The median home in Mcdonough has 2,291 square feet of living space, priced at a median of $134 per square foot with a median year built of 2002. For long-term rental properties in Mcdonough, the median annual gross rental income is $26,400 (or $2,200/month) with estimated operating expenses of $9,254, resulting in an approximate gross cap rate of 5.95%.

Property Intel by Whitepages helps investors and homeowners explore the Mcdonough area by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps. These tools support research into investment properties, including foreclosure data and off-market listings in Mcdonough, GA.

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Housing Market Trends & Statistics for Mcdonough, Georgia

Median Property Value
$300,567
Total number of Properties
39,835
Median Living Space
2,291 sq ft
Median Year Built
2002 (23 years)
5-Year Appreciation Forecast
—
Median Lot Size
9,769 sq ft
Average Ownership
1 year
for Mcdonough, GA
  • Est. Rental Income
    $26,400 ($2,200 per month)
  • Net Operating Income
    $17,146 ($1,429 per month)
  • Cap Rate
    5.95%

Find Investment Properties in Mcdonough

Nearby Cities

  1. Locust Grove Investment Properties
  2. Stockbridge Investment Properties
  3. Hampton Investment Properties
  4. Rex Investment Properties
  5. Jonesboro Investment Properties
  6. Morrow Investment Properties
  7. Ellenwood Investment Properties
  8. Jackson Investment Properties
  9. Conyers Investment Properties
  10. Covington Investment Properties

Nearby Neighborhoods

  1. McDonough in Mcdonough, GA
  2. City Square in Mcdonough, GA
  3. Eagles Landing in Mcdonough, GA
  4. Heron Bay in Locust Grove, GA
  5. Lovejoy in Hampton, GA
  6. Irondale in Jonesboro, GA
  7. Experiment in Griffin, GA
  8. Lake City in Morrow, GA
  9. Chapel Hills in Decatur, GA
  10. Stonecrest in Lithonia, GA

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