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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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% |
Investment property for sale in Macon at 749 Grenada Ter, Macon, GA, 31206 listed at $164,999 pairs $1,489/mo rent with a $808/mo payment to leave $484/mo cash flow. Total monthly income runs $1,489/mo, and annual cash flow reaches $5,813/yr on $54,697 cash to close. Return on cash invested measures 30.54% in year one, and rental yield registers 10.83% at a $164,999 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 159.76% and total cumulative return in cash totals $87,383. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,489/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1925
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31206, Macon, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,584 (100%) |
| Owner Occupied HU | 4,190 (36.2%) |
| Renter Occupied HU | 5,295 (45.7%) |
| Vacant Housing Units | 2,099 (18.1%) |
| Median Home Value | $85,452 |
| Average Home Value | $142,008 |
Residential
10,621
Single Family
9,782
Multi-Family
839
Businesses
1,039
Date | Event | Price |
|---|---|---|
| 2025-02-15 | Price change | $164,999 |
| 2025-01-20 | Listed for sale | $160,000 |
| 2024-09-13 | Listing removed | $1,300 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-16 | $675.25 | 0.00% | $26,588 | N/A |
| 2023-02-16 | $675.23 | 42.84% | $26,588 | 57.87% |
| 2022-02-16 | $472.71 | 227.36% | $16,842 | 84.63% |
Listed by: Erin Byrd • NextHome MainStreet
Mls Name: GAMLS
Mls Provider:
Mls ID: #10460181
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 GAMLS. All rights reserved.
