2552 Allan Way · Macon-Bibb County, GA 31206

$124,500

3 bd · 1.0 ba · 1,062 sqft · SingleFamily public records · 19 Days on market

Built 1956 0.44 ac lot $117/sqft · 54% above area

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Why this score? — see what drove the D+ 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 +21.0/30.0
• ARV discount +7.5/15.0
• DSCR +6.7/10.0
• 1% rule +4.7/10.0
• 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

Listing remarks MLS

Welcome to this updated home in the Sherwood Forest area of Macon, GA. This 3-bedroom, 1-bath home features original hardwood floors, a fully remodeled bathroom, and fresh interior paint throughout. Recent updates include brand-new windows, a roof installed in 2021, and updated ductwork with regularly serviced HVAC. The fenced backyard offers added privacy and includes a shop for storage or workspace. A solid option for buyers looking for a home that may cost less than renting.

Key facts

• Brand-new windows
• Updated home
• Shop for storage

Tags

• UPDATED HOME
• ORIGINAL HARDWOOD FLOORS
• FULLY REMODELED BATHROOM
• BRAND-NEW WINDOWS
• FENCED BACKYARD
• SHOP FOR STORAGE

Property features AI

Finance

• Other: Approximately 0.44-acre lot
• Financial info: No investor/multifamily financial details provided
• HOA & community: No HOA

Exterior

• Parking: Carport
• Security: No specific security features listed
• Utilities: Public water; Public sewer; Other utilities
• Home design: Single-family house; Residential resale; Built in 1956; One story
• Construction: Brick and other construction materials; Composition roof; Crawl space foundation
• Exterior features: Level lot; Chain link fencing; Outbuilding on the property

Interior

• Kitchen: No specific appliances listed
• Bedrooms: 3 bedrooms (all on the main level)
• Flooring: Hardwood floors
• Bathrooms: 1 full bathroom (main level)
• Heating & cooling: Natural gas central heating; Central electric air conditioning
• Interior features: Other interior features; One-level layout; Crawl space basement
• Laundry & utility: Laundry area (other)

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $124k.

Deal economics

• At list price, monthly cash flow is $176 ($2k/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 $121k (2.8% below list).
• Recommended offer: $121k (2.8% below list) — sets the bar for 1% rule.
• Cap rate 8.0% vs local median 5.5% 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 D — 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); Ballard Hudson Middle School (math 4% / reading 9%, grade F, #457 of 470 statewide, top 98%, 744 students, 100% FRL); Southwest High School (math 2% / reading 17%, grade F, #365 of 424 statewide, top 88%, 800 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; 28 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 61% 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 $1,210/mo this rent would consume 48% 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 $861 of loan paydown is wiped out by about $4k 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.

Negotiation context

• It's been on market 19 days — a 2% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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.

Risks & watch-outs

• Watch-outs: built in 1956 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 68% 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.

Recommended offer $121,043 (2.8% below list)

Questions for the listing agent

1. Built in 1956 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
4. 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.
5. 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.
6. 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: 0.97% ✗
• Cap rate: 7.99%
• Cash-on-cash: 6.07%
• DSCR: 1.27
• GRM: 8.6

CMA / ARV

• ARV (median comp): $80,790
• List price: $124,500
• Delta: 54.10%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2552 Allan Way	0.00mi	3/1.0	1,062 (0%)	0mo	$124,500	$117	100
3607 Pineland Trl	0.49mi	3/1.0	1,053 (-1%)	7mo	$103,000	$98	70
3913 Blair Ct	0.44mi	3/1.0	1,110 (+4%)	3mo	$113,000	$102	69
2704 Reynolds Dr	0.49mi	3/1.0	1,036 (-2%)	7mo	$70,000	$68	67
2545 Greenwood Ter	0.11mi	3/2.0	1,212 (+14%)	3mo	$125,000	$103	65
2422 Adger Rd	0.58mi	3/1.0	1,104 (+4%)	3mo	$125,000	$113	63
2665 Chatsworth Ct	0.73mi	3/1.5	1,056 (-1%)	4mo	$50,000	$47	60
4255 Vinson Ave	0.62mi	4/1.0 (+1)	1,108 (+4%)	7mo	$80,000	$72	53
5756 Edwina Dr	0.68mi	3/1.5	1,000 (-6%)	5mo	$132,000	$132	52
5161 Pinefield Dr	0.66mi	3/1.0	950 (-10%)	7mo	$84,000	$88	46
5780 Edwina Dr	0.71mi	3/1.0	1,200 (+13%)	6mo	$125,000	$104	40
2971 Springmeadow Dr	0.53mi	4/2.0 (+1)	1,204 (+13%)	8mo	$153,900	$128	38

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 · 5.03% rent growth · sell at horizon

5-year hold

• IRR: -4.9%
• Equity multiple: 0.82×
• Total profit: $-6,446
• Equity at exit: $18,563

10-year hold

• IRR: 6.9%
• Equity multiple: 1.56×
• Total profit: $19,520
• Equity at exit: $10,764

Cash invested: $34,860 (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 31206

• Rents YoY: 5.0%
• Active inventory: 209
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $1,210 high
• Mortgage (P&I): −$653
• Tax from tax record: −$75 /mo · $900/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$254
• Net cashflow: $176

Break-even live

Break-even rent $987

Max offer price $124,500

Occupancy floor 80%

Sensitivity live

Price	-10% $247	-5% $212	+0% $176	+5% $141	+10% $106
Rent	-10% $81	-5% $129	+0% $176	+5% $224	+10% $272
Rate	-1.0pp $239	-0.5pp $208	base $176	+0.5pp $144	+1.0pp $111

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: $31,125
• Closing costs: $3,735
• Reserves months: —
• Total cash needed: —

Rent comps 28 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5487 Bloomfield Rd Macon, GA	3.0	2.0	1050	$1,200	$1.14	23d	1	0.23mi
2459 Vivian Dr Macon, GA	3.0	1.0	792	$850	$1.07	15d	1	0.48mi
2427 Vivian Dr Macon, GA	4.0	1.0	1056	$1,150	$1.09	45d	1	0.53mi
4331 Ashland Dr Macon, GA	3.0	1.0	864	$1,025	$1.19	45d	1	0.58mi
2477 Thrasher Ave Macon, GA	3.0	1.0	960	$825	$0.86	15d	1	0.60mi
2418 Adger Rd Macon, GA	4.0	1.0	1365	$1,500	$1.10	45d	1	0.60mi
5711 Sterling Pl Macon, GA	3.0	1.0	864	$1,500	$1.74	23d	1	0.61mi
4069 Blair Ct Macon, GA	3.0	1.0	864	$850	$0.98	45d	1	0.61mi
5708 Edwina Dr Macon, GA	3.0	1.0	925	$1,275	$1.38	45d	1	0.63mi
5771 Satterfield Dr Macon, GA	3.0	1.0	888	$1,250	$1.41	45d	1	0.64mi
2423 Thrasher Ave Macon, GA	3.0	1.0	1056	$725	$0.69	45d	1	0.66mi
4278 Vinson Ave Macon, GA	4.0	2.0	1104	$1,550	$1.40	23d	1	0.67mi
2641 Leone Dr N Macon, GA	3.0	1.0	864	$1,100	$1.27	45d	1	0.69mi
4386 Thrasher Cir Macon, GA	3.0	2.0	1120	$1,400	$1.25	45d	1	0.71mi
4300 Essex Rd Macon, GA	4.0	1.5	1246	$1,450	$1.16	23d	1	0.71mi
5161 Nisbet Dr Macon, GA	2.0	1.5	1040	$975	$0.94	45d	1	0.71mi
2665 Chatsworth Ct Macon, GA	3.0	1.5	1056	$1,175	$1.11	45d	1	0.76mi
2961 Deeb Dr Macon, GA	3.0	1.0	1000	$1,000	$1.00	45d	1	0.78mi
4471 Elkan Ave Macon, GA	4.0	2.0	1128	$1,495	$1.33	45d	1	0.82mi
4995 Bloomfield Rd Macon, GA	2.0	1.5	900	$997	$1.11	23d	1	0.83mi
2916 Walmar Dr Macon, GA	3.0	2.0	1300	$1,275	$0.98	45d	1	0.86mi
5962 Bloomfield Rd Macon, GA	4.0	1.5	1159	$1,300	$1.12	15d	1	0.92mi
4455 Fairfax Dr Macon, GA	3.0	2.0	1352	$1,225	$0.91	45d	1	0.94mi
3257 Ohara Dr S Macon, GA	3.0	1.0	1352	$1,125	$0.83	23d	1	1.05mi
4685 Pinedale Dr Macon, GA	3.0	1.5	1404	$1,450	$1.03	15d	1	1.07mi
1000 Crystal Lake Cir Macon, GA	3.0	2.0	1312	$1,063	$0.81	45d	1	1.19mi
4406 Chambers Rd Apt E16 Macon, GA	2.0	1.0	925	$899	$0.97	23d	1	1.21mi
4406 Chambers Rd Unit B-06 Macon, GA	2.0	1.0	925	$899	$0.97	45d	1	1.21mi

Listing history 5 events

1. 2026-05-13
   historical Active Under Contract 482-char remark

   Show marketing remark (482 chars)

   Welcome to this updated home in the Sherwood Forest area of Macon, GA. This 3-bedroom, 1-bath home features original hardwood floors, a fully remodeled bathroom, and fresh interior paint throughout. Recent updates include brand-new windows, a roof installed in 2021, and updated ductwork with regularly serviced HVAC. The fenced backyard offers added privacy and includes a shop for storage or workspace. A solid option for buyers looking for a home that may cost less than renting.

2. 2026-05-13
   status Under Contract 482-char remark

   Show marketing remark (482 chars)

   Welcome to this updated home in the Sherwood Forest area of Macon, GA. This 3-bedroom, 1-bath home features original hardwood floors, a fully remodeled bathroom, and fresh interior paint throughout. Recent updates include brand-new windows, a roof installed in 2021, and updated ductwork with regularly serviced HVAC. The fenced backyard offers added privacy and includes a shop for storage or workspace. A solid option for buyers looking for a home that may cost less than renting.

3. 2026-04-23
   listed $124,500 Active 482-char remark

   Show marketing remark (482 chars)

   Welcome to this updated home in the Sherwood Forest area of Macon, GA. This 3-bedroom, 1-bath home features original hardwood floors, a fully remodeled bathroom, and fresh interior paint throughout. Recent updates include brand-new windows, a roof installed in 2021, and updated ductwork with regularly serviced HVAC. The fenced backyard offers added privacy and includes a shop for storage or workspace. A solid option for buyers looking for a home that may cost less than renting.

4. 2026-04-22
   listed $124,500 New 482-char remark
5. 1997-03-25
   soldstatus $43,000

ⓘ 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: $900 · $75/mo
• Projected year-2 tax: $1,145 · $95/mo
• Expected delta: +$245/yr (+$20/mo · 27.2%)

ⓘ 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 6/10 Major 68% 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: $14,525
• − Mortgage interest: −$6,974
• − Property taxes: −$900
• − Insurance: −$622
• − Repairs & maintenance: −$1,162
• − Management: −$1,162
• − Depreciation: −$3,622
• Taxable income: $83
• Est. tax owed @ 24.0%: −$20
• After-tax cash flow: $2,098/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
▸Paper / Packaging	2	$29B
▸Retail	1	$160B
▸Transportation / Logistics	1	$91B
▸Airlines	1	$62B
▸Consumer Goods	1	$47B
▸Utilities	1	$25B

Price history

+189.5% since first listed

7 events — show timeline

• 2026-06-10 Sold (MLS) $124,500 MGMLS
• 2026-06-10 Sold (MLS) $124,500 GAMLS
• 2026-05-13 Contingent — MGMLS
• 2026-05-13 Pending — GAMLS
• 2026-04-23 Listed $124,500 MGMLS
• 2026-04-22 Listed $124,500 GAMLS
• 1997-03-25 Sold (Public Records) $43,000 Public Records

Property tax history

+8.9%/yr

Latest (2025): $900 · +2.6% YoY. Source: county tax records.