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1222 Lamont St
B Composite 74.87
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
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • 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

$59,000

1222 Lamont St · Macon-Bibb County, GA 31204
2 bd · 1.0 ba · 875 sqft · SingleFamily public records · 8 Days on market
Built 1952 10,454 sqft lot Est $75k · 22% under

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

Listing remarks MLS

Affordable and full of potential! This 3-bedroom, 1-bath ranch home is conveniently located in Macon and offers easy one-level living. Built in 1952, the home features an eat-in kitchen, wood flooring, high ceilings, a spacious front yard, and a welcoming front porch. Situated on approximately 0.24 acres, there is plenty of outdoor space to enjoy. The property also offers a private driveway with parking for two vehicles and is close to shopping, schools, restaurants, and other local amenities. Perfect for first-time buyers, investors, or anyone looking for a budget-friendly home with room to make it their own. Don't miss this opportunity-schedule your tour today!

Key facts

  • Wood flooring
  • Spacious front yard
  • Private driveway

Tags

EAT-IN KITCHENWOOD FLOORINGHIGH CEILINGSSPACIOUS FRONT YARDWELCOMING FRONT PORCHPRIVATE DRIVEWAY

Property features AI

Finance

  • HOA & community: Community features include proximity to shopping and street lighting

Exterior

  • Parking: Driveway parking; 2 total parking spaces; Open parking available; Parking at kitchen level
  • Utilities: Public water; Public sewer; 110-volt electric; Cable available; Telephone available; Electricity available
  • Home design: One-story home; Resale property
  • Construction: Wood siding; Metal roof; Slab foundation; Built with crawl space
  • Exterior features: Front porch; Other exterior features; Paved city street frontage; Near shopping; Street lights

Interior

  • Kitchen: Eat-in kitchen; Cabinets; Laminate countertops; Electric oven and electric range
  • Bedrooms: 3 main-level bedrooms; Primary suite on the main level
  • Flooring: Wood flooring; Other flooring
  • Bathrooms: 1 full bathroom; Master bathroom with tub/shower combo
  • Heating & cooling: Ceiling fan(s)
  • Interior features: 9-foot ceilings on main level; Wood window frames; No shared/common walls; Crawl space foundation
  • Laundry & utility: Laundry located in kitchen on main level; Electric water heater

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 single-family listed at $59k.

Deal economics

  • At list price, monthly cash flow is $423 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($975 rent vs $59k).
  • Cap rate 14.9% 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: 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; 33 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 48% 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 30% 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 $408 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 ~4 years — after that, you're playing with house money.

Negotiation context

  • Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
  • 3 sale attempts since 13y 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 $42k; 39% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: built in 1952 — 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 $59,000

Questions for the listing agent

  1. Built in 1952 — 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
1.65%
Cap rate
14.90%
Cash-on-cash
30.73%
DSCR
2.37
GRM
5.0

CMA / ARV

ARV (on-the-fly)
$75,250
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3320 Napier Ave 0.32mi 2/1.0 864 (-1%) 11mo $70,000 $81 74
3053 Churchill St 0.46mi 2/1.0 890 (+2%) 15mo $83,000 $93 63
1179 Burton Ave 0.09mi 2/1.0 999 (+14%) 12mo $65,100 $65 62
3491 Bond St W 0.69mi 2/1.0 828 (-5%) 1mo $14,000 $17 58
1513 Dexter Ave 0.57mi 3/1.0 (+1) 900 (+3%) 14mo $73,120 $81 52
1545 Wellworth Ave 0.65mi 2/1.0 806 (-8%) 7mo $60,000 $74 50
1211 Radio Dr 0.23mi 3/1.0 (+1) 1,000 (+14%) 12mo $88,000 $88 50
3423 Walker St 0.35mi 3/1.0 (+1) 969 (+11%) 14mo $62,500 $64 49
3262 Matheson Dr 0.36mi 3/2.0 (+1) 955 (+9%) 14mo $97,000 $102 47
3482 Austin Ave 0.73mi 2/1.0 824 (-6%) 12mo $96,500 $117 46
3517 Napier Ave 0.64mi 2/1.0 768 (-12%) 13mo $66,000 $86 39
1426 Bailey Ave 0.57mi 3/1.0 (+1) 988 (+13%) 11mo $85,000 $86 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 · 4.61% rent growth · sell at horizon

5-year hold
IRR
27.1%
Equity multiple
2.15×
Total profit
$18,965
Equity at exit
$8,797
10-year hold
IRR
35.6%
Equity multiple
4.51×
Total profit
$57,924
Equity at exit
$5,101

Cash invested: $16,520 (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
$975 high interval (Pro) →
Mortgage (P&I)
$309
Tax from tax record
$13 /mo · $160/yr
Insurance
$25
HOA
$0
Vacancy / Maint / Mgmt
$205
Net cashflow
$423

Break-even live

Break-even rent $440
Max offer price $59,000
Occupancy floor 52%

Sensitivity live

Price -10% $456 -5% $440 +0% $423 +5% $406 +10% $390
Rent -10% $346 -5% $385 +0% $423 +5% $462 +10% $500
Rate -1.0pp $453 -0.5pp $438 base $423 +0.5pp $408 +1.0pp $392

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
$14,750
Closing costs
$1,770
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 33 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1076 Carlisle Ave Macon, GA 3.0 1.0 1025 $1,065 $1.04 21d 1 0.22mi
1187 Edna Pl Unit S-1206 Macon, GA 2.0 2.0 1000 $1,060 $1.06 21d 1 0.30mi
1187 Edna Pl Unit S-1208 Macon, GA 2.0 2.0 1000 $850 $0.85 14d 1 0.30mi
1020 Radio Dr Macon, GA 2.0 1.0 850 $889 $1.05 44d 1 0.32mi
3034 Churchill St Macon, GA 2.0 1.0 872 $900 $1.03 21d 1 0.50mi
3307 Guthrie Dr Macon, GA 2.0 1.0 754 $900 $1.19 14d 1 0.54mi
3346 Shaw Dr Macon, GA 3.0 1.0 1094 $895 $0.82 21d 1 0.61mi
1463 Bankston Ave Macon, GA 2.0 1.0 960 $950 $0.99 44d 1 0.69mi
1596 Burton Ave Macon, GA 3.0 1.0 1117 $895 $0.80 14d 1 0.72mi
3495 Charleston Cir Macon, GA 3.0 1.0 1048 $799 $0.76 21d 1 1.00mi
3495 Charleston Cir Macon, GA 3.0 1.0 1048 $875 $0.83 44d 1 1.00mi
424 Pansy Ave Macon, GA 2.0 1.0 810 $850 $1.05 44d 1 1.03mi
3634 Dawn St Macon, GA 3.0 1.0 999 $850 $0.85 44d 1 1.07mi
1208 Fourth Ave W Macon, GA 3.0 1.0 960 $825 $0.86 44d 1 1.07mi
1782 Eveline Ave Macon, GA 3.0 1.0 900 $1,050 $1.17 44d 1 1.10mi
668 Grosso Ave Unit A Macon, GA 2.0 1.0 650 $750 $1.15 21d 1 1.10mi
3016 Ridge Ave Unit A Macon, GA 1.0 1.0 750 $775 $1.03 44d 1 1.11mi
2585 Napier Ave Unit B Macon, GA 2.0 2.0 644 $850 $1.32 21d 1 1.15mi
2763 Vineville Ave Macon, GA 1.0 1.0 900 $900 $1.00 44d 1 1.16mi
2755 Vineville Ave Unit B Macon, GA 3.0 2.0 900 $1,375 $1.53 44d 1 1.16mi
4053 Log Cabin Dr Unit B3 Macon, GA 2.0 1.0 950 $749 $0.79 21d 1 1.19mi
3645 Mercer University Dr Macon, GA 1.0–2.0 1.0 874 $850 $0.97 44d 4 1.19mi
1835 Bethlea Ave Macon, GA 2.0 1.0 800 $900 $1.12 44d 1 1.20mi
3834 Mercer St Macon, GA 2.0 1.0 1000 $875 $0.88 44d 1 1.28mi
3324 Vineville Ave Unit 57A Macon, GA 1.0 1.0 680 $800 $1.18 21d 1 1.31mi
3324 Vineville Ave Unit 57C Macon, GA 2.0 1.0 914 $1,050 $1.15 14d 1 1.31mi
3324 Vineville Ave Unit 63B Macon, GA 2.0 1.0 1125 $1,050 $0.93 21d 1 1.31mi
1655 N Atwood Dr Unit 5 Macon, GA 1.0 1.0 750 $850 $1.13 21d 1 1.34mi
3808 Fairmont Ave Unit A Macon, GA 1.0 1.0 793 $595 $0.75 44d 1 1.38mi
3330 Ridge Ave Unit D4 Macon, GA 2.0 1.5 1056 $1,050 $0.99 14d 1 1.38mi
140 Prentice Pl Apt E Macon, GA 1.0 1.0 600 $1,400 $2.33 44d 1 1.38mi
140 Prentice Pl Apt F Macon, GA 1.0 1.0 600 $785 $1.31 44d 1 1.38mi
185 Oak Haven Ave Apt A4 Macon, GA 3.0 2.0 1100 $1,200 $1.09 21d 1 1.44mi

Listing history 8 events

  1. 2026-06-19
    days on market $59,000 Active 8 DOM
  2. 2026-06-18
    days on market $59,000 Active 7 DOM
  3. 2026-06-17
    days on market $59,000 Active 6 DOM
  4. 2026-06-16
    days on market $59,000 Active 5 DOM
  5. 2026-06-15
    days on market $59,000 Active 4 DOM
  6. 2026-06-14
    days on market $59,000 Active 2 DOM
  7. 2026-06-13
    remarks 671-char remark
  8. 2026-06-13
    listed $59,000 Active 1 DOM

ⓘ 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
$160 · $13/mo
Projected year-2 tax
$543 · $45/mo
Expected delta
+$383/yr (+$32/mo · 239.2%)

ⓘ 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 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 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$11,702
− Mortgage interest
−$3,305
− Property taxes
−$160
− Insurance
−$295
− Repairs & maintenance
−$936
− Management
−$936
− Depreciation
−$1,716
Taxable income
$4,353
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,045
After-tax cash flow
$4,032/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

+136.0% since first listed
6 events — show timeline
  • 2026-06-11 Listed $59,000 GAMLS
  • 2026-06-11 Listed $59,000 FMLS
  • 2014-05-01 Listing Removed GAMLS
  • 2013-10-28 Listed $20,000 GAMLS
  • 2011-08-05 Sold (Public Records) $42,500 Public Records
  • 2003-10-14 Sold (Public Records) $25,000 Public Records

Property tax history

+2.7%/yr

Latest (2025): $160 · +8.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…