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3818 Blossfield Ave
B- Composite 67.37
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

$62,400

3818 Blossfield Ave · Macon-Bibb County, GA 31204
2 bd · 1.0 ba · 1,192 sqft · Other · 25 Days on market
Built 1900 7,405 sqft lot

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

Listing remarks

Charming, historic fixer upper. Ready to be rehabbed and brought back to life. NO SELLER DISCLOSURES. Sold as is. Bring all offers.

Key facts

  • 7,405 sq ft lot
  • Built 1900
  • Listed 24 days

Property features AI

Exterior

  • Parking: Driveway parking; Open parking available
  • Utilities: Public water; Public sewer; 110-volt electric; Cable available; Electricity available; Natural gas available; Phone available; Sewer available; Water available
  • Home design: One-level home
  • Construction: Wood siding exterior; Shingle roof; Slab foundation; Property condition: fixer
  • Exterior features: Crawl space basement; City street frontage; Asphalt road access; Directions: Please use GPS

Interior

  • Kitchen: No specific kitchen features listed; Appliances: Other
  • Bedrooms: Two bedrooms on the main level
  • Flooring: Hardwood flooring
  • Bathrooms: One full bathroom on the main level; Master bath: none
  • Heating & cooling: Heating: Other; Cooling: Other
  • Interior features: No shared/common walls; Other interior features
  • Laundry & utility: Laundry located on the main level

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 2-bed/1.0-bath other listed at $62k.

Deal economics

  • At list price, monthly cash flow is $398 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $62k).
  • Recommended offer: $61k (1.5% below list) — sets the bar for market timing.
  • Cap rate 14.0% 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); Howard Middle School (math 16% / reading 30%, grade F, #321 of 470 statewide, top 69%, 992 students, 100% FRL); Howard High School (math 2% / reading 5%, grade F, #413 of 424 statewide, top 99%, 1,076 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 22d on market — plan ~3-4 weeks tenant-placement turnaround); 40% 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).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $431 of loan paydown is wiped out by about $2k 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 $17k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 25 days — a 2% lower offer ($61k) is reasonable based on typical stale-listing flexibility.
  • 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 $15k; list at $62k implies a 319% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: major wind risk, 68% 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 $61,464 (1.5% below list)

Questions for the listing agent

  1. Built in 1900 — 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. 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.
  4. 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.
  5. 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
1.68%
Cap rate
13.96%
Cash-on-cash
27.36%
DSCR
2.22
GRM
5.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 4.61% rent growth · sell at horizon

5-year hold
IRR
23.2%
Equity multiple
1.97×
Total profit
$17,009
Equity at exit
$9,304
10-year hold
IRR
32.2%
Equity multiple
4.14×
Total profit
$54,882
Equity at exit
$5,395

Cash invested: $17,472 (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 31204

Rents YoY
4.6%
Active inventory
255
Price-to-rent
5.0×

Monthly cashflow live

Estimated rent
$1,050 high interval (Pro) →
Mortgage (P&I)
$327
Tax est. 1.5%
$78 /mo · $936/yr
Insurance
$26
HOA
$0
Vacancy / Maint / Mgmt
$221
Net cashflow
$398

Break-even live

Break-even rent $546
Max offer price $62,400
Occupancy floor 57%

Sensitivity live

Price -10% $442 -5% $420 +0% $398 +5% $377 +10% $355
Rent -10% $315 -5% $357 +0% $398 +5% $440 +10% $481
Rate -1.0pp $430 -0.5pp $414 base $398 +0.5pp $382 +1.0pp $366

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
$15,600
Closing costs
$1,872
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 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3495 Charleston Cir Macon, GA 3.0 1.0 1048 $875 $0.83 44d 1 0.22mi
3495 Charleston Cir Macon, GA 3.0 1.0 1048 $799 $0.76 22d 1 0.22mi
3840 Napier Ave Macon, GA 3.0 1.0 1365 $1,350 $0.99 14d 1 0.24mi
3324 Vineville Ave Unit 63B Macon, GA 2.0 1.0 1125 $1,050 $0.93 22d 1 0.28mi
3324 Vineville Ave Unit 57C Macon, GA 2.0 1.0 914 $1,050 $1.15 14d 1 0.28mi
3834 Mercer St Macon, GA 2.0 1.0 1000 $875 $0.88 44d 1 0.29mi
3808 Fairmont Ave Unit A Macon, GA 1.0 1.0 793 $595 $0.75 44d 1 0.32mi
3413 Vineville Ave Unit 3419 Macon, GA 3.0 1.5 1200 $1,200 $1.00 22d 1 0.32mi
3775 Grand Ave Macon, GA 3.0 2.0 1240 $1,175 $0.95 14d 1 0.34mi
3576 Vineville Ave Unit 3550-D-LT Macon, GA 2.0 2.0 863 $995 $1.15 14d 1 0.34mi
3330 Ridge Ave Unit D4 Macon, GA 2.0 1.5 1056 $1,050 $0.99 14d 1 0.35mi
4033 N Napier Ave Unit 6 Macon, GA 2.0 1.5 1000 $850 $0.85 44d 1 0.36mi
133 Auburn Ave Macon, GA 2.0 1.0 880 $895 $1.02 44d 1 0.37mi
4145 Forest Ave W Macon, GA 3.0 1.0 1285 $1,195 $0.93 44d 1 0.55mi
3346 Shaw Dr Macon, GA 3.0 1.0 1094 $895 $0.82 22d 1 0.61mi
3634 Dawn St Macon, GA 3.0 1.0 999 $850 $0.85 44d 1 0.64mi
4126 Ayers Rd Macon, GA 2.0 1.0 900 $750 $0.83 14d 1 0.65mi
3307 Guthrie Dr Macon, GA 2.0 1.0 754 $900 $1.19 14d 1 0.67mi
230 Roycrest Dr Macon, GA 3.0 2.0 1261 $1,300 $1.03 44d 1 0.73mi
3016 Ridge Ave Unit A Macon, GA 1.0 1.0 750 $775 $1.03 44d 1 0.76mi
4250 Ayers Rd Macon, GA 2.0 1.0 1008 $1,100 $1.09 14d 1 0.76mi
3266 Highpoint Dr Unit 593-B Macon, GA 2.0 1.5 1120 $1,100 $0.98 44d 1 0.78mi
4357 Azalea Dr Unit 4357 Macon, GA 2.0 1.0 750 $750 $1.00 44d 1 0.85mi
3163 High Point Dr Macon, GA 3.0 1.0 1100 $1,125 $1.02 22d 1 0.87mi
4353 Barrington Pl Macon, GA 2.0 1.5 1108 $1,000 $0.90 14d 1 0.93mi
4342 Barrington Pl Macon, GA 2.0 1.5 1092 $950 $0.87 22d 1 0.94mi
1076 Carlisle Ave Macon, GA 3.0 1.0 1025 $1,065 $1.04 22d 1 0.96mi
4375 Barrington Pl Macon, GA 1.0 1.5 1144 $1,050 $0.92 14d 1 0.97mi
1097 Edna Pl Macon, GA 2.0 1.0 1299 $1,300 $1.00 44d 1 0.98mi
2763 Vineville Ave Macon, GA 1.0 1.0 900 $900 $1.00 44d 1 1.12mi
2755 Vineville Ave Unit B Macon, GA 3.0 2.0 900 $1,375 $1.53 44d 1 1.13mi
1187 Edna Pl Unit S-1208 Macon, GA 2.0 2.0 1000 $850 $0.85 14d 1 1.15mi
1187 Edna Pl Unit S-0501 Macon, GA 3.0 2.0 1200 $1,000 $0.83 22d 1 1.15mi
1187 Edna Pl Unit S-0503 Macon, GA 3.0 2.0 1200 $1,125 $0.94 22d 1 1.15mi
1187 Edna Pl Unit S-1206 Macon, GA 2.0 2.0 1000 $1,060 $1.06 22d 1 1.15mi
1020 Radio Dr Macon, GA 2.0 1.0 850 $889 $1.05 44d 1 1.16mi
1196 Mimosa Dr Macon, GA 3.0 2.0 1200 $1,300 $1.08 22d 1 1.19mi
200 Charter Ln Macon, GA 1.0–3.0 1.0–2.0 1088 $1,322 $1.21 14d 18 1.37mi
2728 Pierce Dr N Macon, GA 3.0 2.0 1385 $1,500 $1.08 44d 1 1.42mi
2728 Pierce Dr N Macon, GA 3.0 2.0 1385 $1,500 $1.08 22d 1 1.42mi

Listing history 26 events

  1. 2026-06-19
    days on market $62,400 Active 25 DOM
  2. 2026-06-18
    days on market $62,400 Active 24 DOM
  3. 2026-06-17
    days on market $62,400 Active 23 DOM
  4. 2026-06-16
    days on market $62,400 Active 22 DOM
  5. 2026-06-15
    days on market $62,400 Active 21 DOM
  6. 2026-06-14
    days on market $62,400 Active 19 DOM
  7. 2026-06-13
    days on market $62,400 Active 18 DOM
  8. 2026-06-10
    days on market $62,400 Active 16 DOM
  9. 2026-06-09
    days on market $62,400 Active 15 DOM
  10. 2026-06-08
    days on market $62,400 Active 14 DOM
  11. 2026-06-07
    days on market $62,400 Active 13 DOM
  12. 2026-06-03
    days on market $62,400 Active 9 DOM
  13. 2026-06-02
    days on market $62,400 Active 8 DOM
  14. 2026-06-01
    days on market $62,400 Active 7 DOM
  15. 2026-05-31
    days on market $62,400 Active 6 DOM
  16. 2026-05-30
    days on market $62,400 Active 5 DOM
  17. 2026-05-22
    listed $62,400 Active
  18. 2023-12-18
    historical
  19. 2023-09-20
    price $28,900
  20. 2023-05-01
    price $29,900
  21. 2023-04-03
    listed $40,000 New
  22. 2022-12-20
    historical
  23. 2022-11-11
    listed $54,999 New
  24. 2022-03-19
    historical
  25. 2022-02-23
    listed $49,999 New
  26. 1999-09-24
    soldstatus $14,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% 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 68% chance of damaging wind over 30 yrs
  • 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$12,603
− Mortgage interest
−$3,495
− Property taxes
−$936
− Insurance
−$312
− Repairs & maintenance
−$1,008
− Management
−$1,008
− Depreciation
−$1,815
Taxable income
$4,027
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$967
After-tax cash flow
$3,815/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

Price history

+318.8% since first listed
10 events — show timeline
  • 2026-05-22 Listed $62,400 FMLS
  • 2023-12-18 Listing Removed GAMLS
  • 2023-09-20 Price Changed $28,900 GAMLS
  • 2023-05-01 Price Changed $29,900 GAMLS
  • 2023-04-03 Listed $40,000 GAMLS
  • 2022-12-20 Listing Removed GAMLS
  • 2022-11-11 Listed $54,999 GAMLS
  • 2022-03-19 Listing Removed GAMLS
  • 2022-02-23 Listed $49,999 GAMLS
  • 1999-09-24 Sold (Public Records) $14,900 Public Records

Property tax history

-13.7%/yr

Latest (2025): $31 · -87.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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