1710 Macon Rd · Perry, GA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $963 – $1,789
Heat risk 7/10 · Major
- Hot days now (above 109°F)
- 7 days/yr
- Hot days in 30 yrs
- 18 days/yr
Wind risk 8/10 · Major
- Chance of severe wind over 30 yrs
- 80.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +20.6/30.0
- ARV discount +14.1/15.0
- DSCR +6.5/10.0
- 1% rule +4.6/10.0
- Schools +3.9/10.0
- Livability +3.4/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$189,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to this adorable 3 bedroom 2 bathroom home in the heart of the ever-growing PerryDISE! Just minutes from downtown shopping, eating, and entertainment you will find this piece of perfection waiting for the right buyer! Will it be YOU?!?! CALL TODAY!!!!
Key facts
- New hvac
- Attic storage
- Ceiling fans
Tags
Property features AI
Exterior
- Parking: Attached garage with 2 covered parking spaces (2 total spaces)
- Utilities: Public water; Public sewer
- Home design: Single family residence; One level
- Construction: Vinyl siding; Slab foundation; Built as one-level home
- Exterior features: Patio; Fenced yard with privacy fencing
Interior
- Kitchen: Electric range; Dishwasher; Disposal; Refrigerator
- Bathrooms: 2 full bathrooms
- Heating & cooling: Central heating; Central air conditioning
- Interior features: Ceiling fans; Storage; Blinds; Fireplace (1)
- Laundry & utility: Washer; Dryer
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $189k.
Deal economics
- At list price, monthly cash flow is $252 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $182k (3.8% below list).
- Recommended offer: $182k (3.8% below list) — sets the bar for 1% rule.
- Cap rate 7.9% vs local median 4.5% in Perry — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 68/100 on livability (#149 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: amenities F, commute F, health & safety F.
- Houston County (urban): math 43% / reading 46% proficiency, ranked #23 of 174 in GA (top 13%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Morningside Elementary School (math 32% / reading 32%, grade F, #582 of 1,228 statewide, top 50%, 503 students, 84% FRL); Perry Middle School (math 53% / reading 51%, grade C+, #60 of 470 statewide, top 13%, 1,070 students, 51% FRL); Perry High School (math 31% / reading 39%, grade F, #84 of 424 statewide, top 20%, 1,478 students, 48% FRL) — zoned schools average 61% FRL vs 46% district-wide (15 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: 471 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,545 units permitted in Houston County in 2024 (336 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
- Houston County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
- 4 sale attempts since 4y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $155k; 22% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 0.96% ✗
- Cap rate
- 7.90%
- Cash-on-cash
- 5.72%
- DSCR
- 1.25
- GRM
- 8.7
CMA / ARV
- ARV (on-the-fly)
- $221,520
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 307 Spring Creek Dr | 0.19mi | 3/2.5 | 1,448 (+2%) | 0mo | $205,000 | $142 | 86 |
| 1402 Park Ave | 0.46mi | 3/2.5 | 1,492 (+5%) | 2mo | $199,900 | $134 | 66 |
| 1607 Marshall Cir | 0.23mi | 3/2.0 | 1,584 (+12%) | 9mo | $255,000 | $161 | 63 |
| 103 Woodspring Ct | 0.15mi | 3/2.0 | 1,222 (-14%) | 9mo | $175,000 | $143 | 62 |
| 103 Woodspring Ct | 0.15mi | 3/2.0 | 1,222 (-14%) | 9mo | $175,000 | $143 | 62 |
| 1418 Parkway Dr | 0.48mi | 3/2.0 | 1,239 (-13%) | 0mo | $193,000 | $156 | 56 |
| 219 Christine Cir | 0.46mi | 3/2.0 | 1,595 (+12%) | 6mo | $268,000 | $168 | 52 |
| 216 Christine Cir | 0.42mi | 3/2.0 | 1,600 (+13%) | 11mo | $279,900 | $175 | 50 |
| 216 Christine Cir | 0.42mi | 3/2.0 | 1,600 (+13%) | 11mo | $279,900 | $175 | 50 |
| 1310 North Ave | 0.59mi | 3/1.0 | 1,254 (-12%) | 6mo | $115,000 | $92 | 44 |
| 203 Londie Ln | 0.69mi | 3/2.0 | 1,605 (+13%) | 4mo | $287,000 | $179 | 43 |
| 1018 N Davis Dr | 0.71mi | 3/2.0 | 1,585 (+12%) | 10mo | $220,000 | $139 | 40 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- -7.5%
- Equity multiple
- 0.72×
- Total profit
- $-14,597
- Equity at exit
- $28,181
- IRR
- 2.1%
- Equity multiple
- 1.15×
- Total profit
- $7,797
- Equity at exit
- $16,341
Cash invested: $52,920 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 90 Strongly Landlord-Friendly
- State Georgia
- 90 Strongly Landlord-Friendly · R+3
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 31069
- Active inventory
- 471
- Price-to-rent
- 8.7×
Monthly cashflow live
- Estimated rent
- $1,818 high interval (Pro) →
- Mortgage (P&I)
- −$991
- Tax from tax record
- −$114 /mo · $1,369/yr
- Insurance
- −$79
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$382
- Net cashflow
- $252
Break-even live
Sensitivity live
| Price | -10% $359 | -5% $306 | +0% $252 | +5% $199 | +10% $145 |
|---|---|---|---|---|---|
| Rent | -10% $109 | -5% $181 | +0% $252 | +5% $324 | +10% $396 |
| Rate | -1.0pp $348 | -0.5pp $300 | base $252 | +0.5pp $203 | +1.0pp $154 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $47,250
- Closing costs
- $5,670
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 20 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 200 Bristol St Perry, GA | 1.0–2.0 | 1.0–2.0 | 942 | $1,160 | $1.23 | 14d | 7 | 0.14mi |
| 1612 Macon Rd Perry, GA | 2.0 | 1.0 | 1024 | $1,200 | $1.17 | 22d | 1 | 0.18mi |
| 1612 Macon Rd Perry, GA | 2.0 | 1.0 | 1024 | $1,200 | $1.17 | 45d | 1 | 0.18mi |
| 111 Judy Kay Way Perry, GA | 3.0 | 2.0 | 1759 | $2,000 | $1.14 | 22d | 1 | 0.55mi |
| 1215 Macon Rd Perry, GA | 3.0 | 2.5 | 1768 | $1,700 | $0.96 | 14d | 1 | 0.70mi |
| 1304 Georgia Ave Perry, GA | 4.0 | 2.0 | 1485 | $3,500 | $2.36 | 22d | 1 | 0.74mi |
| 1304 Georgia Ave Perry, GA | 4.0 | 2.0 | 1485 | $3,500 | $2.36 | 45d | 1 | 0.74mi |
| 1726 Greenwood Cir Perry, GA | 3.0 | 2.0 | 1647 | $3,490 | $2.12 | 22d | 1 | 0.80mi |
| 1726 Greenwood Cir Perry, GA | 3.0 | 2.0 | 1647 | $3,490 | $2.12 | 45d | 1 | 0.80mi |
| 1112 3rd St Unit B Perry, GA | 2.0 | 2.0 | 1200 | $1,500 | $1.25 | 45d | 1 | 0.84mi |
| 1009 Northside Dr Perry, GA | 2.0 | 2.0 | 1008 | $2,150 | $2.13 | 22d | 1 | 0.94mi |
| 1009 Northside Dr Perry, GA | 2.0 | 2.0 | 1008 | $2,150 | $2.13 | 45d | 1 | 0.94mi |
| 1108 Washington St Perry, GA | 2.0 | 2.0 | 1136 | $1,600 | $1.41 | 45d | 1 | 1.01mi |
| 1814 Kings Chapel Rd Perry, GA | 2.0 | 1.0 | 875 | $995 | $1.14 | 45d | 1 | 1.18mi |
| 119 Washington Place Dr Perry, GA | 3.0 | 2.0 | 1354 | $1,600 | $1.18 | 45d | 1 | 1.25mi |
| 1115 Kingston Rd Perry, GA | 4.0 | 3.0 | 1740 | $2,000 | $1.15 | 22d | 1 | 1.26mi |
| 705 Evergreen St Perry, GA | 2.0 | 1.5 | 1489 | $1,400 | $0.94 | 22d | 1 | 1.39mi |
| 1100 Kenwood Dr Perry, GA | 3.0 | 2.0 | 1298 | $3,950 | $3.04 | 22d | 1 | 1.48mi |
| 1100 Kenwood Dr Perry, GA | 3.0 | 2.0 | 1298 | $3,950 | $3.04 | 45d | 1 | 1.48mi |
| 1055 Morningside Dr Unit 1E Perry, GA | 2.0 | 1.5 | 900 | $995 | $1.11 | 45d | 1 | 1.49mi |
Listing history 4 events
-
2026-06-05statusdays on market $189,000 Pending 3 DOM
-
2026-06-03statusdays on market $189,000 Active Under Contract 2 DOM
-
2026-06-01remarks 472-char remark
-
2026-06-01$189,000 Active 1 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast GA · Resets to sale price
- Current annual tax
- $1,369 · $114/mo
- Projected year-2 tax
- $1,739 · $145/mo
- Expected delta
- +$370/yr (+$31/mo · 27.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 3/10 Moderate
- Heat 7/10 Severe 7 d/yr ≥109°F today · 18 d/yr by 30 yrs out
- Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $21,819
- − Mortgage interest
- −$10,587
- − Property taxes
- −$1,369
- − Insurance
- −$945
- − Repairs & maintenance
- −$1,745
- − Management
- −$1,745
- − Depreciation
- −$5,498
- Taxable loss
- −$72
- Est. tax savings @ 24.0%
- +$17
- After-tax cash flow
- $3,046/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Houston County
- NCES district ID
- 1302880
- Math proficiency
- 43% ▼ -7.00%
- Reading proficiency
- 46% ▼ -2.00%
- Median HH income
- $54,823
- Composite
- 38.68/100
- National rank
- #4144
- State rank
- #23 of 174 in GA
Livability — Perry
- Score
- 68/100
- State rank
- #149
- US rank
- #9757
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Perry, GA
- County
- Houston County · 157,321 people
- City population
- 22,953
- Metro
- Warner Robins, GA
- Population (ZIP)
- 22,953
- Household income
- $74,501
- Rent vs Own
- Severe rent burden
- 666.0
Population outlook (Houston County) Hauer SSP2
- Today (2025)
- 169,502 people
- By 2030
- 178,486 · +5.3%
- By 2040
- 194,642 · +14.8%
- By 2050
- 207,119 · +22.2%
- By 2075
- 231,480 · +36.6%
- By 2100
- 235,034 · +38.7%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Majority White (64%)
- Race & ethnicity
- White 64% Black 24% Hispanic / Latino 4% Asian 3% Two or more races 3%
- Common ancestry
- Slovak 2% Romanian 1% Lithuanian 1%
- Foreign-born
- 4% · Canada, South Korea
- Languages at home
- 96% English-only · Spanish 2% Chinese 1%
Political lean MEDSL · Houston
- 2024 margin
- R (+11.3) · D 44.0% · R 55.3%
- 2008→2024 swing
- +8.9pp toward D · 2008: -20.2pp · 2024: -11.3pp
- All cycles
- 2024: R+11.3 2020: R+12.4 2016: R+21.6 2012: R+20.7 2008: R+20.2
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -162.01%
- Current HPI
- 240.9327
- Rent YoY
- —
- Metro
- Warner Robins, GA
- State GDP YoY
- ▲ 2.66%
- F500 in state
- 28
Industry mix (Fortune 500 HQ in GA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Paper / Packaging | 2 | $29B |
|
||
| Retail | 1 | $160B |
|
||
| Transportation / Logistics | 1 | $91B |
|
||
| Airlines | 1 | $62B |
|
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| Consumer Goods | 1 | $47B |
|
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| Utilities | 1 | $25B |
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Price history
+800.0% since first listed12 events — show timeline
- 2026-06-01 Listed $189,000 CGMLS
- 2022-04-25 Sold (MLS) $155,100 MGMLS
- 2022-04-01 Sold (Public Records) $155,100 Public Records
- 2022-03-30 Sold (MLS) $155,100 GAMLS
- 2022-03-30 Sold (MLS) $155,100 CGMLS
- 2022-03-17 Pending — GAMLS
- 2022-03-11 Listed $132,500 GAMLS
- 2022-03-11 Listed $132,500 CGMLS
- 2022-03-11 Listed $132,500 MGMLS
- 1986-08-13 Sold (Public Records) $54,500 Public Records
- 1978-06-21 Sold (Public Records) $43,000 Public Records
- 1977-10-21 Sold (Public Records) $21,000 Public Records
Property tax history
+4.6%/yrLatest (2025): $1,369 · +9.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…