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109 Alview Dr
B- Composite 65.12
Why this score? — see what drove the B- 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 +30.0/30.0
  • DSCR +10.0/10.0
  • 1% rule +7.7/10.0
  • ARV discount +7.5/15.0
  • Rent growth +3.8/5.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +1.2/10.0
  • Appreciation +0.0/10.0

$89,900

109 Alview Dr · Macon-Bibb County, GA 31206
3 bd · 2.0 ba · 1,404 sqft · Manufactured public records · 7 Days on market
Built 2001 0.50 ac lot

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Large Mobile home, (pined foundation) split bedroom plan, 3 bedroom 2 baths. '||chr(10)||''||chr(10)||'Hardwood floors in living area and carpet in bedrooms. Large fenced yard. Deck off kitchen area. Laundry room off hall. Grea condition ready to move in. Lot is included (not leased). Located across form the college. Please call Jason Atkinson at Robins Finacial to qualify 478-322-7538 x4422.

Key facts

  • Separate dining room
  • Exterior deck
  • 0.5 acre lot

Tags

SEPARATE DINING ROOMEXTERIOR DECK

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath manufactured listed at $90k.

Deal economics

  • At list price, monthly cash flow is $335 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $90k).
  • Cap rate 10.8% vs local median 5.4% in Macon-Bibb County — 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: area grade B — affects rentability + tenant quality, not the cash-flow math above.
  • Bibb County (urban): math 11% / reading 18% proficiency, ranked #161 of 174 in GA (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 75% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Veterans Elementary School (math 3% / reading 9%, grade F, #1,154 of 1,228 statewide, top 94%, 697 students, 100% FRL); Weaver Middle School (math 5% / reading 12%, grade F, #439 of 470 statewide, top 94%, 909 students, 100% FRL); Westside High School (math 2% / reading 2%, grade F, #421 of 424 statewide, top 100%, 1,025 students, 100% FRL) — zoned schools average 100% FRL vs 75% district-wide (25 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents rising fast (+5.0%/yr); 209 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 83% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 154 units permitted in Bibb County in 2024 (0 in 5+ unit buildings).
  • At $1,138/mo this rent would consume 45% of the median local household income ($30k/yr) (locally 1335% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $622 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
  • Bibb County population projected at -12% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (-3.0% appreciation + 5.0% rent growth), your $25k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

  • Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
  • 2 sale attempts since 7y 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 $49k; list at $90k implies a 83% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: major wind risk, 72% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $89,900

Questions for the listing agent

  1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  2. 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.
  3. 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.
  4. 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
1.27%
Cap rate
10.77%
Cash-on-cash
15.98%
DSCR
1.71
GRM
6.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 5.03% rent growth · sell at horizon

5-year hold
IRR
9.0%
Equity multiple
1.36×
Total profit
$9,140
Equity at exit
$13,404
10-year hold
IRR
19.8%
Equity multiple
2.81×
Total profit
$45,529
Equity at exit
$7,773

Cash invested: $25,172 (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
Magistrate court evictions in 10-30 days; no rent control; preempted; few tenant protections.

ZIP-level market 31206

Rents YoY
5.0%
Active inventory
209
Price-to-rent
6.6×

Monthly cashflow live

Estimated rent
$1,138 high interval (Pro) →
Mortgage (P&I)
$471
Tax from tax record
$55 /mo · $662/yr
Insurance
$37
HOA
$0
Vacancy / Maint / Mgmt
$239
Net cashflow
$335

Break-even live

Break-even rent $714
Max offer price $89,900
Occupancy floor 66%

Sensitivity live

Price -10% $386 -5% $361 +0% $335 +5% $310 +10% $284
Rent -10% $245 -5% $290 +0% $335 +5% $380 +10% $425
Rate -1.0pp $381 -0.5pp $358 base $335 +0.5pp $312 +1.0pp $288

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
$22,475
Closing costs
$2,697
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 6 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
4406 Chambers Rd Apt E16 Macon, GA 2.0 1.0 925 $899 $0.97 22d 1 1.11mi
4406 Chambers Rd Unit B-06 Macon, GA 2.0 1.0 925 $899 $0.97 44d 1 1.11mi
5161 Nisbet Dr Macon, GA 2.0 1.5 1040 $975 $0.94 44d 1 1.13mi
2961 Deeb Dr Macon, GA 3.0 1.0 1000 $1,000 $1.00 44d 1 1.28mi
2916 Walmar Dr Macon, GA 3.0 2.0 1300 $1,275 $0.98 44d 1 1.36mi
1000 Crystal Lake Cir Macon, GA 3.0 2.0 1312 $1,063 $0.81 44d 1 1.46mi

Listing history 7 events

  1. 2026-01-26
    status Under Contract
  2. 2026-01-19
    listed $89,900 New
  3. 2019-05-29
    soldstatus $49,000
  4. 2019-05-06
    soldstatus $49,000 395-char remark
    Show marketing remark (395 chars)

    Large Mobile home, (pined foundation) split bedroom plan, 3 bedroom 2 baths. '||chr(10)||''||chr(10)||'Hardwood floors in living area and carpet in bedrooms. Large fenced yard. Deck off kitchen area. Laundry room off hall. Grea condition ready to move in. Lot is included (not leased). Located across form the college. Please call Jason Atkinson at Robins Finacial to qualify 478-322-7538 x4422.

  5. 2019-04-04
    listed $50,000 395-char remark
    Show marketing remark (395 chars)

    Large Mobile home, (pined foundation) split bedroom plan, 3 bedroom 2 baths. '||chr(10)||''||chr(10)||'Hardwood floors in living area and carpet in bedrooms. Large fenced yard. Deck off kitchen area. Laundry room off hall. Grea condition ready to move in. Lot is included (not leased). Located across form the college. Please call Jason Atkinson at Robins Finacial to qualify 478-322-7538 x4422.

  6. 2005-04-28
    soldstatus $62,000
  7. 2000-03-07
    soldstatus $17,000

ⓘ 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
$662 · $55/mo
Projected year-2 tax
$827 · $69/mo
Expected delta
+$166/yr (+$14/mo · 25.0%)

ⓘ 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 4/10 Moderate
  • 🌡 Heat 7/10 Severe 7 d/yr ≥108°F today · 19 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 72% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$13,660
− Mortgage interest
−$5,036
− Property taxes
−$662
− Insurance
−$450
− Repairs & maintenance
−$1,093
− Management
−$1,093
− Depreciation
−$2,615
Taxable income
$2,713
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$651
After-tax cash flow
$3,372/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
Bibb County
NCES district ID
1300420
Math proficiency
11% ▼ -14.00%
Reading proficiency
18% ▼ -11.00%
Median HH income
$37,426
Composite
12.13/100
National rank
#9654
State rank
#161 of 174 in GA

Livability — Macon-Bibb County

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

Census place
Macon-Bibb County, GA
County
Bibb County · 164,332 people
City population
143,186
Metro
Macon-Bibb County, GA
Population (ZIP)
24,310
Household income
$30,042
Rent vs Own
56.5% rent · 43.5% own
Severe rent burden
1335.0

Population outlook (Bibb County) Hauer SSP2

Today (2025)
148,772 people
By 2030
145,904 · -1.9%
By 2040
139,404 · -6.3%
By 2050
131,603 · -11.5%
By 2075
111,050 · -25.4%
By 2100
83,346 · -44.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly Black (76%)
Race & ethnicity
Black 76% White 12% Hispanic / Latino 8% Two or more races 4%
Hispanic origin (detail)
Mexican 5% Puerto Rican 1%
Common ancestry
Lithuanian 1% Italian 1%
Foreign-born
4% · Canada
Languages at home
91% English-only · Spanish 8%

Political lean MEDSL · Bibb

2024 margin
Strong D (+22.4) · D 61.0% · R 38.5%
2008→2024 swing
+4.4pp toward D · 2008: 18.0pp · 2024: 22.4pp
All cycles
2024: D+22.4 2020: D+23.8 2016: D+20.2 2012: D+20.0 2008: D+18.0

Not yet ingested

Civics

Market trends

HPI YoY
▼ -80.17%
Current HPI
148.6765
Rent YoY
▲ 5.03%
Metro
Macon-Bibb County, GA
State GDP YoY
▲ 2.66%
F500 in state
28

Industry mix (Fortune 500 HQ in GA)

Industry F500 HQs Revenue

Price history

+428.8% since first listed
7 events — show timeline
  • 2026-01-26 Pending GAMLS
  • 2026-01-19 Listed $89,900 GAMLS
  • 2019-05-29 Sold (Public Records) $49,000 Public Records
  • 2019-05-06 Sold (MLS) $49,000 MGMLS
  • 2019-04-04 Listed $50,000 MGMLS
  • 2005-04-28 Sold (Public Records) $62,000 Public Records
  • 2000-03-07 Sold (Public Records) $17,000 Public Records

Property tax history

+7.3%/yr

Latest (2025): $662 · -1.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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