3457 Walker St · Macon-Bibb County, GA 31204

$45,000

3 bd · 1.0 ba · 1,456 sqft · SingleFamily public records · 32 Days on market

Built 1965 0.57 ac lot

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Rent growth +3.7/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This 4-bedroom, 2-bathroom single-family home at 3457 Walker Street sits on an expansive 0.57-acre lot and is ready for a complete transformation. Ideal for a fix-and-flip investor looking for their next project; the property features a strong footprint with excellent layout flexibility and a rare amount of outdoor space. Sold as is with no disclosures. Seller may or may not clean out property prior to settlement.

Key facts

• Expansive lot
• Strong footprint
• Outdoor space

Tags

• EXPANSIVE LOT
• STRONG FOOTPRINT
• LAYOUT FLEXIBILITY
• OUTDOOR SPACE

Property features AI

Exterior

• Parking: Driveway; Open parking
• Utilities: Public water; Public sewer; Electricity available
• Home design: One level (single-story); Fixer condition; Wood siding; Shingle roof; Concrete perimeter foundation
• Construction: Wood siding construction; Shingle roof; Concrete perimeter foundation
• Exterior features: Driveway for parking; Open parking available; Asphalt road access

Interior

• Kitchen: No kitchen features listed
• Bedrooms: Four main-level bedrooms
• Flooring: Carpet; Other
• Bathrooms: Two full bathrooms, both on the main level; Master bathroom: none listed
• Heating & cooling: Central heating; Central air; Ceiling fan(s)
• Interior features: No shared/common walls; Den; Crawl space
• Laundry & utility: Appliances listed as 'Other' (specifics not provided)

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $45k.

Deal economics

• At list price, monthly cash flow is $582 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $45k).
• Recommended offer: $44k (3.0% below list) — sets the bar for market timing.
• Cap rate 23.6% 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: John Robert Lewis Elementary School (math 5% / reading 7%, grade F, #1,154 of 1,228 statewide, top 94%, 733 students, 100% FRL); Weaver Middle School (math 5% / reading 12%, grade F, #439 of 470 statewide, top 94%, 909 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 (+4.6%/yr); 255 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 45% 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).
• This rent runs 37% of the median local income ($39k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $311 of loan paydown is wiped out by about $1k 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 + 4.6% rent growth), your $13k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 32 days — a 3% lower offer ($44k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $10k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; major wind risk, 65% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $43,650 (3.0% below list)

Questions for the listing agent

1. It's been on market 32 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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.
6. 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.
7. 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: 2.65% ✓
• Cap rate: 23.59%
• Cash-on-cash: 61.78%
• DSCR: 3.75
• GRM: 3.1

CMA / ARV

• ARV (on-the-fly): $122,304
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1142 Lamont St	0.32mi	3/1.0	1,436 (-1%)	4mo	$93,500	$65	80
3533 Greenbriar Rd	0.16mi	3/1.5	1,518 (+4%)	5mo	$159,900	$105	79
3293 Arnwood Ave	0.38mi	3/2.0	1,497 (+3%)	4mo	$165,000	$110	70
1305 Edna Pl	0.25mi	3/1.0	1,310 (-10%)	7mo	$65,000	$50	66
1045 Mimosa Dr	0.50mi	3/2.0	1,520 (+4%)	5mo	$174,000	$114	62
3565 Log Cabin Dr	0.29mi	3/2.0	1,300 (-11%)	4mo	$53,000	$41	61
3470 Habersham Ave	0.52mi	2/1.0 (-1)	1,540 (+6%)	9mo	$27,500	$18	54
3178 Napier Ave	0.57mi	3/1.5	1,294 (-11%)	5mo	$50,000	$39	48
1025 Mimosa Dr	0.51mi	3/2.0	1,274 (-12%)	4mo	$97,000	$76	48
1347 Tonedale Ct	0.50mi	3/2.0	1,285 (-12%)	6mo	$134,000	$104	48
1529 Burton Ave	0.72mi	3/2.0	1,528 (+5%)	7mo	$150,000	$98	48
4226 Robinson Cir	0.66mi	4/2.0 (+1)	1,275 (-12%)	3mo	$106,500	$84	37

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 · 4.61% rent growth · sell at horizon

5-year hold

• IRR: 55.7%
• Equity multiple: 3.52×
• Total profit: $31,799
• Equity at exit: $6,710

10-year hold

• IRR: 61.4%
• Equity multiple: 7.66×
• Total profit: $83,944
• Equity at exit: $3,891

Cash invested: $12,600 (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.

Methodology + full state rankings →

ZIP-level market 31204

• Rents YoY: 4.6%
• Active inventory: 255
• Price-to-rent: 3.1×

Monthly cashflow live

• Estimated rent: $1,191 high
• Mortgage (P&I): −$236
• Tax from tax record: −$37 /mo · $447/yr
• Insurance: −$19
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$250
• Net cashflow: $582

Break-even live

Break-even rent $454

Max offer price $45,000

Occupancy floor 46%

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: $11,250
• Closing costs: $1,350
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1187 Edna Pl Unit S-0503 Macon, GA	3.0	2.0	1200	$1,125	$0.94	21d	1	0.12mi
1187 Edna Pl Unit S-1206 Macon, GA	2.0	2.0	1000	$1,060	$1.06	21d	1	0.12mi
1187 Edna Pl Unit S-0501 Macon, GA	3.0	2.0	1200	$1,000	$0.83	21d	1	0.12mi
1187 Edna Pl Unit S-1208 Macon, GA	2.0	2.0	1000	$850	$0.85	13d	1	0.12mi
1097 Edna Pl Macon, GA	2.0	1.0	1299	$1,300	$1.00	43d	1	0.24mi
3713 Greenbriar Rd E Macon, GA	3.0	2.0	1600	$1,250	$0.78	43d	1	0.41mi
1076 Carlisle Ave Macon, GA	3.0	1.0	1025	$1,065	$1.04	21d	1	0.42mi
1196 Mimosa Dr Macon, GA	3.0	2.0	1200	$1,300	$1.08	21d	1	0.44mi
1208 Fourth Ave W Macon, GA	3.0	1.0	960	$825	$0.86	43d	1	0.67mi
1515 Burton Ave Macon, GA	3.0	1.0	1568	$1,250	$0.80	21d	1	0.68mi
3147 Westover Dr Macon, GA	4.0	2.0	1705	$1,475	$0.87	21d	1	0.69mi
3096 Sharon Dr Macon, GA	2.0	1.0	1850	$1,050	$0.57	13d	1	0.71mi
3320 Guthrie Dr Macon, GA	4.0	2.0	1800	$1,500	$0.83	43d	1	0.71mi
3346 Shaw Dr Macon, GA	3.0	1.0	1094	$895	$0.82	21d	1	0.78mi
4053 Log Cabin Dr Unit B3 Macon, GA	2.0	1.0	950	$749	$0.79	21d	1	0.78mi
3588 Morgan Dr Macon, GA	4.0	1.0	1080	$1,200	$1.11	21d	1	0.79mi
1528 Wellworth Ave Macon, GA	3.0	1.0	1126	$1,000	$0.89	21d	1	0.80mi
1596 Burton Ave Macon, GA	3.0	1.0	1117	$895	$0.80	13d	1	0.83mi
3634 Dawn St Macon, GA	3.0	1.0	999	$850	$0.85	43d	1	0.87mi
3645 Mercer University Dr Macon, GA	1.0–2.0	1.0	874	$850	$0.97	43d	4	0.96mi
1463 Bankston Ave Macon, GA	2.0	1.0	960	$950	$0.99	43d	1	1.05mi
3469 Kingsbury Dr Macon, GA	4.0	2.0	1100	$1,295	$1.18	43d	1	1.07mi
3495 Charleston Cir Macon, GA	3.0	1.0	1048	$875	$0.83	43d	1	1.08mi
3495 Charleston Cir Macon, GA	3.0	1.0	1048	$799	$0.76	21d	1	1.08mi
3775 Grand Ave Macon, GA	3.0	2.0	1240	$1,175	$0.95	13d	1	1.12mi
4145 Forest Ave W Macon, GA	3.0	1.0	1285	$1,195	$0.93	43d	1	1.13mi
1782 Eveline Ave Macon, GA	3.0	1.0	900	$1,050	$1.17	43d	1	1.17mi
919 Inverness Ave Macon, GA	3.0	2.0	1676	$1,549	$0.92	21d	1	1.18mi
2794 Napier Ave Macon, GA	3.0	2.0	1672	$1,175	$0.70	43d	1	1.20mi
3834 Mercer St Macon, GA	2.0	1.0	1000	$875	$0.88	43d	1	1.21mi
4158 Log Cabin Dr Macon, GA	3.0	1.5	1380	$1,375	$1.00	21d	1	1.21mi
4151 Log Cabin Dr Macon, GA	1.0–2.0	1.0–2.0	836	$1,434	$1.72	43d	1	1.22mi
3840 Napier Ave Macon, GA	3.0	1.0	1365	$1,350	$0.99	13d	1	1.22mi
3944 Easy St Macon, GA	3.0	2.0	1552	$1,350	$0.87	43d	1	1.24mi
1460 Brentwood Ave Macon, GA	3.0	2.0	1148	$1,250	$1.09	21d	1	1.24mi
728 Key St Macon, GA	4.0	1.5	1210	$1,200	$0.99	21d	1	1.27mi
1336 Winton Ave Macon, GA	3.0	2.0	1632	$1,350	$0.83	43d	1	1.30mi
4265 Hillary Pl Macon, GA	4.0	2.0	1250	$1,450	$1.16	43d	1	1.30mi
4228 Mark Pl Macon, GA	4.0	1.5	1000	$1,300	$1.30	13d	1	1.31mi
1025 Hillyer Ave Macon, GA	4.0	2.0	1738	$1,800	$1.04	43d	1	1.36mi

Listing history 18 events

1. 2026-06-19
   days on market $45,000 Active 32 DOM
2. 2026-06-18
   days on market $45,000 Active 31 DOM
3. 2026-06-17
   days on market $45,000 Active 30 DOM
4. 2026-06-16
   days on market $45,000 Active 29 DOM
5. 2026-06-15
   days on market $45,000 Active 28 DOM
6. 2026-06-14
   days on market $45,000 Active 26 DOM
7. 2026-06-13
   days on market $45,000 Active 25 DOM
8. 2026-06-10
   days on market $45,000 Active 23 DOM
9. 2026-06-09
   days on market $45,000 Active 22 DOM
10. 2026-06-08
    days on market $45,000 Active 21 DOM
11. 2026-06-07
    pricedays on market $45,000 Active 20 DOM
12. 2026-06-03
    days on market $55,000 Active 16 DOM
13. 2026-06-02
    days on market $55,000 Active 15 DOM
14. 2026-06-01
    days on market $55,000 Active 14 DOM
15. 2026-05-31
    days on market $55,000 Active 13 DOM
16. 2026-05-30
    days on market $55,000 Active 12 DOM
17. 2026-05-18
    listed $55,000 Active

    Show marketing remark (417 chars)

    This 4-bedroom, 2-bathroom single-family home at 3457 Walker Street sits on an expansive 0.57-acre lot and is ready for a complete transformation. Ideal for a fix-and-flip investor looking for their next project; the property features a strong footprint with excellent layout flexibility and a rare amount of outdoor space. Sold as is with no disclosures. Seller may or may not clean out property prior to settlement.

18. 2026-05-18
    listed $55,000 New 417-char remark

    Show marketing remark (417 chars)

    This 4-bedroom, 2-bathroom single-family home at 3457 Walker Street sits on an expansive 0.57-acre lot and is ready for a complete transformation. Ideal for a fix-and-flip investor looking for their next project; the property features a strong footprint with excellent layout flexibility and a rare amount of outdoor space. Sold as is with no disclosures. Seller may or may not clean out property prior to settlement.

ⓘ 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: $447 · $37/mo
• Projected year-2 tax: $447 · $37/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 8/10 Severe FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥108°F today · 17 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 65% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,290
• − Mortgage interest: −$2,521
• − Property taxes: −$447
• − Insurance: −$1,022
• − Repairs & maintenance: −$1,143
• − Management: −$1,143
• − Depreciation: −$1,309
• Taxable income: $6,704
• Est. tax owed @ 24.0%: −$1,609
• After-tax cash flow: $5,378/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): 32,421
• Household income: $38,784
• Rent vs Own: 57.5% rent · 42.5% own
• Severe rent burden: 2674.0

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 (65%)
• Race & ethnicity: Black 65% White 28% Hispanic / Latino 3% Two or more races 2% Asian 1%
• Common ancestry: Serbian 2% Slovak 1% Lithuanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 2% French/Haitian/Cajun 1%

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: ▼ -135.44%
• Current HPI: 194.5459
• Rent YoY: ▲ 4.61%
• 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
▸Paper / Packaging	2	$29B
▸Retail	1	$160B
▸Transportation / Logistics	1	$91B
▸Airlines	1	$62B
▸Consumer Goods	1	$47B
▸Utilities	1	$25B

Price history

+0.0% since first listed

2 events — show timeline

• 2026-05-18 Listed $55,000 GAMLS
• 2026-05-18 Listed $55,000 FMLS

Property tax history

+0.2%/yr

Latest (2025): $447 · +12.8% YoY. Source: county tax records.