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579 Charles St
B- Composite 67.47
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 +3.8/5.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +1.2/10.0
  • Appreciation +0.0/10.0

$69,000

579 Charles St · Macon-Bibb County, GA 31206
3 bd · 1.0 ba · 1,500 sqft · SingleFamily public records · 196 Days on market
Built 1933 5,662 sqft lot $46/sqft · 165% above area ↓ 30% since listing

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

Listing remarks MLS

Investor Special in the Heart of Macon! This 4-bedroom, 2-bath home offers a great opportunity for rental income, student housing, or a value-add flip. The property was previously a rooming house and was recently tenant-occupied, making it ideal for investors seeking immediate cash-flow potential. Located just 7 minutes from Mercer University, 5 minutes from Atrium Health Hospital, and close to I-75 and Downtown Macon, this home sits in a highly desirable and convenient area with strong rental demand. The property needs minimal work, estimated at $15,000, mainly cosmetic upgrades to increase value. With an ARV between $160,000 and $175,000, this is a prime opportunity for both seasoned and first-time investors looking for a low-cost entry point with strong upside. Whether you plan to use it as student housing, a rental for traveling nurses, or a traditional long-term rental, this property offers flexibility and strong income potential. Don't miss this chance to own an investment property near major employers, schools, and Macon's downtown amenities.

Key facts

  • 5,662 sq ft lot
  • Parking
  • Built 1933

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/1.0-bath single-family listed at $69k.

Deal economics

  • At list price, monthly cash flow is $508 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $69k).
  • Recommended offer: $61k (12.0% below list) — sets the bar for market timing.
  • Cap rate 15.1% 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.
  • Market conditions: Rents rising fast (+5.0%/yr); 209 active listings in the ZIP; 30 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 57% 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 $1,195/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 $477 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 + 5.0% rent growth), your $19k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 196 days — a 12% lower offer ($61k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts; this cycle's ask has dropped $30k (30%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: built in 1933 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: major wind risk, 66% 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 $60,720 (12.0% below list)

Questions for the listing agent

  1. It's been on market 196 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1933 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  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
1.73%
Cap rate
15.12%
Cash-on-cash
31.54%
DSCR
2.40
GRM
4.8

CMA / ARV

ARV (median comp)
$26,053
List price
$69,000
Delta
164.84%
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
548 Colquitt St 0.07mi 3/2.0 1,428 (-5%) 1mo $69,000 $48 84
2641 Florence Ave S 0.23mi 2/1.0 (-1) 1,504 (+0%) 5mo $14,000 $9 80
567 Charles St 0.02mi 3/1.0 1,423 (-5%) 16mo $58,000 $41 77
554 Nelson St 0.13mi 3/1.0 1,344 (-10%) 4mo $15,000 $11 74
624 Piedmont Ave 0.11mi 3/2.0 1,276 (-15%) 6mo $48,000 $38 61
587 Robert Henry St 0.57mi 3/2.0 1,466 (-2%) 7mo $148,000 $101 60
725 Saint James Ave 0.38mi 3/2.0 1,333 (-11%) 6mo $19,000 $14 55
643 Heard Ave 0.67mi 3/1.0 1,554 (+4%) 14mo $89,864 $58 51
932 Quinlan Dr 0.70mi 3/2.0 1,411 (-6%) 4mo $50,500 $36 50
730 Newberg Ave 0.72mi 3/1.0 1,367 (-9%) 6mo $15,000 $11 47
2128 Jeff Davis St 0.60mi 3/2.0 1,280 (-15%) 10mo $90,000 $70 35
925 Emory Ave 0.74mi 3/2.0 1,296 (-14%) 7mo $130,000 $100 33

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
28.6%
Equity multiple
2.22×
Total profit
$23,640
Equity at exit
$10,288
10-year hold
IRR
37.1%
Equity multiple
4.77×
Total profit
$72,849
Equity at exit
$5,966

Cash invested: $19,320 (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
4.8×

Monthly cashflow live

Estimated rent
$1,195 high interval (Pro) →
Mortgage (P&I)
$362
Tax from tax record
$46 /mo · $549/yr
Insurance
$29
HOA
$0
Vacancy / Maint / Mgmt
$251
Net cashflow
$508

Break-even live

Break-even rent $552
Max offer price $69,000
Occupancy floor 53%

Sensitivity live

Price -10% $547 -5% $527 +0% $508 +5% $488 +10% $469
Rent -10% $413 -5% $461 +0% $508 +5% $555 +10% $602
Rate -1.0pp $542 -0.5pp $525 base $508 +0.5pp $490 +1.0pp $472

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
$17,250
Closing costs
$2,070
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 30 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
520 Nelson St Macon, GA 3.0 1.0 1208 $1,225 $1.01 14d 1 0.14mi
495 Pittman St Macon, GA 3.0 2.0 1324 $995 $0.75 45d 1 0.15mi
645 Rutherford Ave Macon, GA 4.0 2.0 1481 $1,395 $0.94 45d 1 0.31mi
322 Pittman St Unit B Macon, GA 2.0 1.5 1920 $985 $0.51 45d 1 0.36mi
672 Bowden St Macon, GA 2.0 1.0 1076 $900 $0.84 22d 1 0.44mi
806 Armory Dr Unit B Macon, GA 3.0 1.0 1100 $975 $0.89 45d 1 0.52mi
1635 2nd St Macon, GA 3.0 2.0 1159 $1,500 $1.29 45d 1 0.76mi
738 Liberty St Unit 730 Macon, GA 2.0 1.0 1376 $680 $0.49 22d 1 0.86mi
738 Liberty St Unit 738 Macon, GA 2.0 1.0 1378 $989 $0.72 22d 1 0.86mi
3709 Flamingo Dr Macon, GA 3.0 1.0 1360 $1,300 $0.96 45d 1 0.99mi
832 Elm St Macon, GA 3.0 2.0 1121 $1,175 $1.05 45d 1 1.03mi
3238 Somerset Dr Macon, GA 3.0 1.0 1100 $975 $0.89 14d 1 1.05mi
722 Ash St Macon, GA 2.0 2.0 1700 $3,700 $2.18 45d 1 1.07mi
1347 Jackson St Macon, GA 3.0 2.0 1435 $1,300 $0.91 45d 1 1.12mi
1164 Newberg Ave Macon, GA 3.0 1.0 1100 $1,195 $1.09 45d 1 1.13mi
3080 Rice Mill Rd Macon, GA 3.0 1.0 1100 $950 $0.86 45d 1 1.20mi
3080 Rice Mill Rd Unit C-1 Macon, GA 3.0 1.5 1100 $925 $0.84 22d 1 1.20mi
846 Bedingfield Ave Macon, GA 3.0 1.5 1187 $975 $0.82 45d 1 1.20mi
1371 Ross St Macon, GA 3.0 2.0 1541 $1,200 $0.78 14d 1 1.21mi
1148 N Beddingfield Dr Macon, GA 3.0 1.0 1076 $825 $0.77 45d 1 1.25mi
1227 Calhoun St Macon, GA 2.0 1.5 1212 $1,200 $0.99 45d 1 1.28mi
832 Richmond St Macon, GA 3.0 1.0 1364 $925 $0.68 22d 1 1.30mi
1575 Winston Dr Macon, GA 3.0 2.0 1215 $1,350 $1.11 22d 1 1.33mi
1232 Shamrock St Macon, GA 3.0 2.0 1282 $1,700 $1.33 14d 1 1.34mi
1268 College St Unit 1 Macon, GA 2.0 2.0 1500 $1,730 $1.15 45d 1 1.36mi
957 New St Macon, GA 2.0 1.5 1200 $1,050 $0.88 14d 1 1.39mi
4052 Mikado Ave Macon, GA 3.0 1.0 1624 $1,300 $0.80 14d 1 1.42mi
4011 Marion Ave Macon, GA 2.0 1.0 1200 $1,200 $1.00 22d 1 1.43mi
867 Orange Ter #2 Macon, GA 2.0 1.0 1088 $1,500 $1.38 45d 1 1.50mi
867 Orange Ter Unit B Macon, GA 2.0 2.0 1088 $1,400 $1.29 45d 1 1.50mi

Listing history 29 events

  1. 2026-06-16
    status $69,000 Pending 196 DOM
  2. 2026-06-15
    days on market $69,000 Active 196 DOM
  3. 2026-06-14
    days on market $69,000 Active 194 DOM
  4. 2026-06-13
    days on market $69,000 Active 193 DOM
  5. 2026-06-10
    days on market $69,000 Active 191 DOM
  6. 2026-06-09
    days on market $69,000 Active 190 DOM
  7. 2026-06-09
    days on market $69,000 Active 189 DOM
  8. 2026-06-07
    days on market $69,000 Active 188 DOM
  9. 2026-06-03
    days on market $69,000 Active 184 DOM
  10. 2026-06-02
    days on market $69,000 Active 183 DOM
  11. 2026-06-01
    days on market $69,000 Active 182 DOM
  12. 2026-05-31
    days on market $69,000 Active 181 DOM
  13. 2026-05-30
    days on market $69,000 Active 180 DOM
  14. 2026-05-16
    status Back On Market 1068-char remark
    Show marketing remark (1068 chars)

    Investor Special in the Heart of Macon! This 4-bedroom, 2-bath home offers a great opportunity for rental income, student housing, or a value-add flip. The property was previously a rooming house and was recently tenant-occupied, making it ideal for investors seeking immediate cash-flow potential. Located just 7 minutes from Mercer University, 5 minutes from Atrium Health Hospital, and close to I-75 and Downtown Macon, this home sits in a highly desirable and convenient area with strong rental demand. The property needs minimal work, estimated at $15,000, mainly cosmetic upgrades to increase value. With an ARV between $160,000 and $175,000, this is a prime opportunity for both seasoned and first-time investors looking for a low-cost entry point with strong upside. Whether you plan to use it as student housing, a rental for traveling nurses, or a traditional long-term rental, this property offers flexibility and strong income potential. Don't miss this chance to own an investment property near major employers, schools, and Macon's downtown amenities.

  15. 2026-05-15
    historical 1068-char remark
    Show marketing remark (1068 chars)

    Investor Special in the Heart of Macon! This 4-bedroom, 2-bath home offers a great opportunity for rental income, student housing, or a value-add flip. The property was previously a rooming house and was recently tenant-occupied, making it ideal for investors seeking immediate cash-flow potential. Located just 7 minutes from Mercer University, 5 minutes from Atrium Health Hospital, and close to I-75 and Downtown Macon, this home sits in a highly desirable and convenient area with strong rental demand. The property needs minimal work, estimated at $15,000, mainly cosmetic upgrades to increase value. With an ARV between $160,000 and $175,000, this is a prime opportunity for both seasoned and first-time investors looking for a low-cost entry point with strong upside. Whether you plan to use it as student housing, a rental for traveling nurses, or a traditional long-term rental, this property offers flexibility and strong income potential. Don't miss this chance to own an investment property near major employers, schools, and Macon's downtown amenities.

  16. 2026-05-11
    price $69,000 1065-char remark
    Show marketing remark (1068 chars)

    Investor Special in the Heart of Macon! This 4-bedroom, 2-bath home offers a great opportunity for rental income, student housing, or a value-add flip. The property was previously a rooming house and was recently tenant-occupied, making it ideal for investors seeking immediate cash-flow potential. Located just 7 minutes from Mercer University, 5 minutes from Atrium Health Hospital, and close to I-75 and Downtown Macon, this home sits in a highly desirable and convenient area with strong rental demand. The property needs minimal work, estimated at $15,000, mainly cosmetic upgrades to increase value. With an ARV between $160,000 and $175,000, this is a prime opportunity for both seasoned and first-time investors looking for a low-cost entry point with strong upside. Whether you plan to use it as student housing, a rental for traveling nurses, or a traditional long-term rental, this property offers flexibility and strong income potential. Don't miss this chance to own an investment property near major employers, schools, and Macon's downtown amenities.

  17. 2026-05-11
    price $69,000 1068-char remark
    Show marketing remark (1068 chars)

    Investor Special in the Heart of Macon! This 4-bedroom, 2-bath home offers a great opportunity for rental income, student housing, or a value-add flip. The property was previously a rooming house and was recently tenant-occupied, making it ideal for investors seeking immediate cash-flow potential. Located just 7 minutes from Mercer University, 5 minutes from Atrium Health Hospital, and close to I-75 and Downtown Macon, this home sits in a highly desirable and convenient area with strong rental demand. The property needs minimal work, estimated at $15,000, mainly cosmetic upgrades to increase value. With an ARV between $160,000 and $175,000, this is a prime opportunity for both seasoned and first-time investors looking for a low-cost entry point with strong upside. Whether you plan to use it as student housing, a rental for traveling nurses, or a traditional long-term rental, this property offers flexibility and strong income potential. Don't miss this chance to own an investment property near major employers, schools, and Macon's downtown amenities.

  18. 2026-04-13
    status Active 1065-char remark
    Show marketing remark (1068 chars)

    Investor Special in the Heart of Macon! This 4-bedroom, 2-bath home offers a great opportunity for rental income, student housing, or a value-add flip. The property was previously a rooming house and was recently tenant-occupied, making it ideal for investors seeking immediate cash-flow potential. Located just 7 minutes from Mercer University, 5 minutes from Atrium Health Hospital, and close to I-75 and Downtown Macon, this home sits in a highly desirable and convenient area with strong rental demand. The property needs minimal work, estimated at $15,000, mainly cosmetic upgrades to increase value. With an ARV between $160,000 and $175,000, this is a prime opportunity for both seasoned and first-time investors looking for a low-cost entry point with strong upside. Whether you plan to use it as student housing, a rental for traveling nurses, or a traditional long-term rental, this property offers flexibility and strong income potential. Don't miss this chance to own an investment property near major employers, schools, and Macon's downtown amenities.

  19. 2026-04-13
    price $74,999 1065-char remark
    Show marketing remark (1068 chars)

    Investor Special in the Heart of Macon! This 4-bedroom, 2-bath home offers a great opportunity for rental income, student housing, or a value-add flip. The property was previously a rooming house and was recently tenant-occupied, making it ideal for investors seeking immediate cash-flow potential. Located just 7 minutes from Mercer University, 5 minutes from Atrium Health Hospital, and close to I-75 and Downtown Macon, this home sits in a highly desirable and convenient area with strong rental demand. The property needs minimal work, estimated at $15,000, mainly cosmetic upgrades to increase value. With an ARV between $160,000 and $175,000, this is a prime opportunity for both seasoned and first-time investors looking for a low-cost entry point with strong upside. Whether you plan to use it as student housing, a rental for traveling nurses, or a traditional long-term rental, this property offers flexibility and strong income potential. Don't miss this chance to own an investment property near major employers, schools, and Macon's downtown amenities.

  20. 2026-04-13
    price $74,999 1068-char remark
    Show marketing remark (1068 chars)

    Investor Special in the Heart of Macon! This 4-bedroom, 2-bath home offers a great opportunity for rental income, student housing, or a value-add flip. The property was previously a rooming house and was recently tenant-occupied, making it ideal for investors seeking immediate cash-flow potential. Located just 7 minutes from Mercer University, 5 minutes from Atrium Health Hospital, and close to I-75 and Downtown Macon, this home sits in a highly desirable and convenient area with strong rental demand. The property needs minimal work, estimated at $15,000, mainly cosmetic upgrades to increase value. With an ARV between $160,000 and $175,000, this is a prime opportunity for both seasoned and first-time investors looking for a low-cost entry point with strong upside. Whether you plan to use it as student housing, a rental for traveling nurses, or a traditional long-term rental, this property offers flexibility and strong income potential. Don't miss this chance to own an investment property near major employers, schools, and Macon's downtown amenities.

  21. 2026-04-01
    historical 1065-char remark
    Show marketing remark (1065 chars)

    Investor Special in the Heart of Macon! This 4-bedroom, 2-bath home offers a great opportunity for rental income, student housing, or a value-add flip. The property was previously a rooming house and was recently tenant-occupied, making it ideal for investors seeking immediate cash-flow potential. Located just 7 minutes from Mercer University, 5 minutes from Atrium Health Hospital, and close to I-75 and Downtown Macon, this home sits in a highly desirable and convenient area with strong rental demand. The property needs minimal work, estimated at $15,000, mainly cosmetic upgrades to increase value. With an ARV between $160,000 and $175,000, this is a prime opportunity for both seasoned and first-time investors looking for a low-cost entry point with strong upside. Whether you plan to use it as student housing, a rental for traveling nurses, or a traditional long-term rental, this property offers flexibility and strong income potential. Don't miss this chance to own an investment property near major employers, schools, and Macon's downtown amenities.

  22. 2026-03-10
    price $79,000 1065-char remark
    Show marketing remark (1068 chars)

    Investor Special in the Heart of Macon! This 4-bedroom, 2-bath home offers a great opportunity for rental income, student housing, or a value-add flip. The property was previously a rooming house and was recently tenant-occupied, making it ideal for investors seeking immediate cash-flow potential. Located just 7 minutes from Mercer University, 5 minutes from Atrium Health Hospital, and close to I-75 and Downtown Macon, this home sits in a highly desirable and convenient area with strong rental demand. The property needs minimal work, estimated at $15,000, mainly cosmetic upgrades to increase value. With an ARV between $160,000 and $175,000, this is a prime opportunity for both seasoned and first-time investors looking for a low-cost entry point with strong upside. Whether you plan to use it as student housing, a rental for traveling nurses, or a traditional long-term rental, this property offers flexibility and strong income potential. Don't miss this chance to own an investment property near major employers, schools, and Macon's downtown amenities.

  23. 2026-03-10
    price $79,000 1068-char remark
    Show marketing remark (1068 chars)

    Investor Special in the Heart of Macon! This 4-bedroom, 2-bath home offers a great opportunity for rental income, student housing, or a value-add flip. The property was previously a rooming house and was recently tenant-occupied, making it ideal for investors seeking immediate cash-flow potential. Located just 7 minutes from Mercer University, 5 minutes from Atrium Health Hospital, and close to I-75 and Downtown Macon, this home sits in a highly desirable and convenient area with strong rental demand. The property needs minimal work, estimated at $15,000, mainly cosmetic upgrades to increase value. With an ARV between $160,000 and $175,000, this is a prime opportunity for both seasoned and first-time investors looking for a low-cost entry point with strong upside. Whether you plan to use it as student housing, a rental for traveling nurses, or a traditional long-term rental, this property offers flexibility and strong income potential. Don't miss this chance to own an investment property near major employers, schools, and Macon's downtown amenities.

  24. 2025-12-11
    price $85,000 1065-char remark
    Show marketing remark (1068 chars)

    Investor Special in the Heart of Macon! This 4-bedroom, 2-bath home offers a great opportunity for rental income, student housing, or a value-add flip. The property was previously a rooming house and was recently tenant-occupied, making it ideal for investors seeking immediate cash-flow potential. Located just 7 minutes from Mercer University, 5 minutes from Atrium Health Hospital, and close to I-75 and Downtown Macon, this home sits in a highly desirable and convenient area with strong rental demand. The property needs minimal work, estimated at $15,000, mainly cosmetic upgrades to increase value. With an ARV between $160,000 and $175,000, this is a prime opportunity for both seasoned and first-time investors looking for a low-cost entry point with strong upside. Whether you plan to use it as student housing, a rental for traveling nurses, or a traditional long-term rental, this property offers flexibility and strong income potential. Don't miss this chance to own an investment property near major employers, schools, and Macon's downtown amenities.

  25. 2025-12-11
    price $85,000 1068-char remark
    Show marketing remark (1068 chars)

    Investor Special in the Heart of Macon! This 4-bedroom, 2-bath home offers a great opportunity for rental income, student housing, or a value-add flip. The property was previously a rooming house and was recently tenant-occupied, making it ideal for investors seeking immediate cash-flow potential. Located just 7 minutes from Mercer University, 5 minutes from Atrium Health Hospital, and close to I-75 and Downtown Macon, this home sits in a highly desirable and convenient area with strong rental demand. The property needs minimal work, estimated at $15,000, mainly cosmetic upgrades to increase value. With an ARV between $160,000 and $175,000, this is a prime opportunity for both seasoned and first-time investors looking for a low-cost entry point with strong upside. Whether you plan to use it as student housing, a rental for traveling nurses, or a traditional long-term rental, this property offers flexibility and strong income potential. Don't miss this chance to own an investment property near major employers, schools, and Macon's downtown amenities.

  26. 2025-11-19
    listed $99,000 Active 1065-char remark
    Show marketing remark (1065 chars)

    Investor Special in the Heart of Macon! This 4-bedroom, 2-bath home offers a great opportunity for rental income, student housing, or a value-add flip. The property was previously a rooming house and was recently tenant-occupied, making it ideal for investors seeking immediate cash-flow potential. Located just 7 minutes from Mercer University, 5 minutes from Atrium Health Hospital, and close to I-75 and Downtown Macon, this home sits in a highly desirable and convenient area with strong rental demand. The property needs minimal work, estimated at $15,000, mainly cosmetic upgrades to increase value. With an ARV between $160,000 and $175,000, this is a prime opportunity for both seasoned and first-time investors looking for a low-cost entry point with strong upside. Whether you plan to use it as student housing, a rental for traveling nurses, or a traditional long-term rental, this property offers flexibility and strong income potential. Don't miss this chance to own an investment property near major employers, schools, and Macon's downtown amenities.

  27. 2025-11-19
    listed $99,000 New 1068-char remark
    Show marketing remark (1065 chars)

    Investor Special in the Heart of Macon! This 4-bedroom, 2-bath home offers a great opportunity for rental income, student housing, or a value-add flip. The property was previously a rooming house and was recently tenant-occupied, making it ideal for investors seeking immediate cash-flow potential. Located just 7 minutes from Mercer University, 5 minutes from Atrium Health Hospital, and close to I-75 and Downtown Macon, this home sits in a highly desirable and convenient area with strong rental demand. The property needs minimal work, estimated at $15,000, mainly cosmetic upgrades to increase value. With an ARV between $160,000 and $175,000, this is a prime opportunity for both seasoned and first-time investors looking for a low-cost entry point with strong upside. Whether you plan to use it as student housing, a rental for traveling nurses, or a traditional long-term rental, this property offers flexibility and strong income potential. Don't miss this chance to own an investment property near major employers, schools, and Macon's downtown amenities.

  28. 2025-11-19
    historical $99,000 1065-char remark
    Show marketing remark (1065 chars)

    Investor Special in the Heart of Macon! This 4-bedroom, 2-bath home offers a great opportunity for rental income, student housing, or a value-add flip. The property was previously a rooming house and was recently tenant-occupied, making it ideal for investors seeking immediate cash-flow potential. Located just 7 minutes from Mercer University, 5 minutes from Atrium Health Hospital, and close to I-75 and Downtown Macon, this home sits in a highly desirable and convenient area with strong rental demand. The property needs minimal work, estimated at $15,000, mainly cosmetic upgrades to increase value. With an ARV between $160,000 and $175,000, this is a prime opportunity for both seasoned and first-time investors looking for a low-cost entry point with strong upside. Whether you plan to use it as student housing, a rental for traveling nurses, or a traditional long-term rental, this property offers flexibility and strong income potential. Don't miss this chance to own an investment property near major employers, schools, and Macon's downtown amenities.

  29. 2025-11-18
    historical $99,000 1068-char remark
    Show marketing remark (1068 chars)

    Investor Special in the Heart of Macon! This 4-bedroom, 2-bath home offers a great opportunity for rental income, student housing, or a value-add flip. The property was previously a rooming house and was recently tenant-occupied, making it ideal for investors seeking immediate cash-flow potential. Located just 7 minutes from Mercer University, 5 minutes from Atrium Health Hospital, and close to I-75 and Downtown Macon, this home sits in a highly desirable and convenient area with strong rental demand. The property needs minimal work, estimated at $15,000, mainly cosmetic upgrades to increase value. With an ARV between $160,000 and $175,000, this is a prime opportunity for both seasoned and first-time investors looking for a low-cost entry point with strong upside. Whether you plan to use it as student housing, a rental for traveling nurses, or a traditional long-term rental, this property offers flexibility and strong income potential. Don't miss this chance to own an investment property near major employers, schools, and Macon's downtown amenities.

ⓘ 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
$549 · $46/mo
Projected year-2 tax
$635 · $53/mo
Expected delta
+$86/yr (+$7/mo · 15.6%)

ⓘ 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 · 17 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 66% chance of damaging wind over 30 yrs
  • 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 5 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
$14,341
− Mortgage interest
−$3,865
− Property taxes
−$549
− Insurance
−$345
− Repairs & maintenance
−$1,147
− Management
−$1,147
− Depreciation
−$2,007
Taxable income
$5,280
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,267
After-tax cash flow
$4,826/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

-30.3% since first listed
16 events — show timeline
  • 2026-05-16 Relisted GAMLS
  • 2026-05-15 Listing Removed GAMLS
  • 2026-05-11 Price Changed $69,000 FMLS
  • 2026-05-11 Price Changed $69,000 GAMLS
  • 2026-04-13 Relisted FMLS
  • 2026-04-13 Price Changed $74,999 FMLS
  • 2026-04-13 Price Changed $74,999 GAMLS
  • 2026-04-01 Listing Removed FMLS
  • 2026-03-10 Price Changed $79,000 FMLS
  • 2026-03-10 Price Changed $79,000 GAMLS
  • 2025-12-11 Price Changed $85,000 FMLS
  • 2025-12-11 Price Changed $85,000 GAMLS
  • 2025-11-19 Listed $99,000 FMLS
  • 2025-11-19 Listed $99,000 GAMLS
  • 2025-11-19 Coming Soon $99,000 FMLS
  • 2025-11-18 Coming Soon $99,000 GAMLS

Property tax history

+11.6%/yr

Latest (2025): $549 · -1.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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