4331 Ashland Dr · Macon-Bibb County, GA 31206

$90,000

3 bd · 1.0 ba · 864 sqft · SingleFamily public records · 41 Days on market

Built 1961 0.27 ac lot $104/sqft · 18% below area Est $110k · 18% under

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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
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +7.7/10.0
• 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

This solid block home is ready for the new owner occupant or investor. The interior is super clean with 3 Bedrooms, 1 Bath and a spacious Living Room. Call today before it's too late!

Key facts

• New window units
• Covered carport
• 0.27 acre lot

Tags

• DURABLE BLOCK CONSTRUCTION
• COVERED CARPORT
• SEPARATE LAUNDRY ROOM
• NEW WINDOW UNITS
• FUNCTIONAL FLOOR PLAN
• EASY ACCESS TO LOCAL AMENITIES

Property features AI

Finance

• HOA & community: No homeowners association

Exterior

• Parking: Carport
• Utilities: Public water; Public sewer; Other utilities
• Home design: Single-family residence (house); Resale property; Built in 1961
• Construction: Concrete construction; Composition roof
• Exterior features: Lot approximately 0.27 acres; No specific lot features listed

Interior

• Kitchen: Refrigerator included
• Bedrooms: 3 bedrooms on the main level
• Flooring: Carpet; Laminate
• Bathrooms: 1 full bathroom on the main level
• Heating & cooling: Heating present (other type); Cooling present (other type)
• Interior features: One-level layout; Public records list living area as 864; No basement; Other interior features
• Laundry & utility: Laundry area located in the garage

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $90k.

Deal economics

• At list price, monthly cash flow is $349 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $90k).
• Recommended offer: $87k (3.0% below list) — sets the bar for market timing.
• Cap rate 10.9% 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: Southfield Elementary School (math 5% / reading 6%, grade F, #1,158 of 1,228 statewide, top 94%, 737 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); 207 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 65% 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 $1,146/mo this rent would consume 46% 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 $622 of loan paydown is wiped out by about $3k 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 $25k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 41 days — a 3% lower offer ($87k) is reasonable based on typical stale-listing flexibility.
• 13 sale attempts since 2y ago; this cycle's ask is 7726% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $75k; 20% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 72% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $87,300 (3.0% below list)

Questions for the listing agent

1. It's been on market 41 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 1961 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.27% ✓
• Cap rate: 10.95%
• Cash-on-cash: 16.62%
• DSCR: 1.74
• GRM: 6.5

CMA / ARV

• ARV (median comp): $110,054
• List price: $90,000
• Delta: -18.22%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5756 Satterfield Dr	0.27mi	3/1.0	828 (-4%)	3mo	$25,000	$30	78
5771 Satterfield Dr	0.30mi	3/1.0	888 (+3%)	5mo	$65,000	$73	77
5746 Sterling Pl	0.44mi	3/1.0	864 (0%)	5mo	$20,000	$23	76
5711 Sterling Pl	0.47mi	3/2.0	864 (0%)	2mo	$120,000	$139	73
5770 Satterfield Dr	0.27mi	2/1.0 (-1)	828 (-4%)	5mo	$75,000	$91	71
5779 Satterfield Dr	0.30mi	3/1.0	888 (+3%)	14mo	$55,000	$62	70
2550 Burbank Pl	0.36mi	3/1.0	912 (+6%)	9mo	$74,250	$81	66
5909 W Leone Dr	0.66mi	3/1.0	900 (+4%)	4mo	$27,500	$31	59
2723 Reynolds Dr	0.51mi	3/1.0	880 (+2%)	17mo	$44,400	$50	59
2408 S Groveland Cir	0.43mi	3/1.0	792 (-8%)	13mo	$64,000	$81	55
2642 Reynolds Dr	0.36mi	3/1.5	986 (+14%)	9mo	$130,000	$132	50
4349 Fairfax Dr	0.37mi	3/1.0	988 (+14%)	12mo	$122,000	$123	49

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: 9.9%
• Equity multiple: 1.40×
• Total profit: $10,009
• Equity at exit: $13,419

10-year hold

• IRR: 20.5%
• Equity multiple: 2.88×
• Total profit: $47,460
• Equity at exit: $7,782

Cash invested: $25,200 (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: 207
• Price-to-rent: 6.5×

Monthly cashflow live

• Estimated rent: $1,146 high
• Mortgage (P&I): −$472
• Tax from tax record: −$47 /mo · $564/yr
• Insurance: −$38
• HOA: −$0
• Vacancy / Maint / Mgmt: −$241
• Net cashflow: $349

Break-even live

Break-even rent $704

Max offer price $90,000

Occupancy floor 65%

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: $22,500
• Closing costs: $2,700
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4331 Ashland Dr Macon, GA	3.0	1.0	864	$1,025	$1.19	44d	1	0.03mi
2477 Thrasher Ave Macon, GA	3.0	1.0	960	$825	$0.86	13d	1	0.12mi
4386 Thrasher Cir Macon, GA	3.0	2.0	1120	$1,400	$1.25	44d	1	0.18mi
2459 Vivian Dr Macon, GA	3.0	1.0	792	$850	$1.07	13d	1	0.21mi
2423 Thrasher Ave Macon, GA	3.0	1.0	1056	$725	$0.69	44d	1	0.26mi
2427 Vivian Dr Macon, GA	4.0	1.0	1056	$1,150	$1.09	44d	1	0.28mi
5771 Satterfield Dr Macon, GA	3.0	1.0	888	$1,250	$1.41	44d	1	0.30mi
4278 Vinson Ave Macon, GA	4.0	2.0	1104	$1,550	$1.40	21d	1	0.32mi
2641 Leone Dr N Macon, GA	3.0	1.0	864	$1,100	$1.27	44d	1	0.33mi
2665 Chatsworth Ct Macon, GA	3.0	1.5	1056	$1,175	$1.11	44d	1	0.39mi
5487 Bloomfield Rd Macon, GA	3.0	2.0	1050	$1,200	$1.14	21d	1	0.46mi
5711 Sterling Pl Macon, GA	3.0	1.0	864	$1,500	$1.74	21d	1	0.46mi
5708 Edwina Dr Macon, GA	3.0	1.0	925	$1,275	$1.38	44d	1	0.49mi
2961 Deeb Dr Macon, GA	3.0	1.0	1000	$1,000	$1.00	44d	1	0.73mi
4069 Blair Ct Macon, GA	3.0	1.0	864	$850	$0.98	44d	1	1.08mi
5161 Nisbet Dr Macon, GA	2.0	1.5	1040	$975	$0.94	44d	1	1.17mi
4995 Bloomfield Rd Macon, GA	2.0	1.5	900	$997	$1.11	21d	1	1.38mi

Listing history 50 events

1. 2026-06-19
   days on market $90,000 Active 41 DOM
2. 2026-06-18
   days on market $90,000 Active 40 DOM
3. 2026-06-17
   days on market $90,000 Active 39 DOM
4. 2026-06-16
   days on market $90,000 Active 38 DOM
5. 2026-06-15
   days on market $90,000 Active 37 DOM
6. 2026-06-14
   days on market $90,000 Active 35 DOM
7. 2026-06-13
   days on market $90,000 Active 34 DOM
8. 2026-06-10
   days on market $90,000 Active 32 DOM
9. 2026-06-09
   days on market $90,000 Active 31 DOM
10. 2026-06-09
    days on market $90,000 Active 30 DOM
11. 2026-06-07
    days on market $90,000 Active 29 DOM
12. 2026-06-03
    days on market $90,000 Active 25 DOM
13. 2026-06-02
    days on market $90,000 Active 24 DOM
14. 2026-06-01
    days on market $90,000 Active 23 DOM
15. 2026-05-31
    days on market $90,000 Active 22 DOM
16. 2026-05-30
    days on market $90,000 Active 21 DOM
17. 2026-05-15
    historical $1,175
18. 2026-05-13
    price $1,175
19. 2026-05-08
    listed $90,000 New 812-char remark
20. 2026-04-16
    price $1,025
21. 2026-03-03
    price $1,100
22. 2026-02-14
    listed $1,150
23. 2025-07-26
    historical $1,100
24. 2025-07-12
    price $1,100
25. 2025-06-25
    price $1,200
26. 2025-06-13
    price $1,250
27. 2025-06-12
    listed $1,300
28. 2025-05-27
    soldstatus $75,000
29. 2025-05-13
    soldstatus $75,000 Closed 183-char remark

    Show marketing remark (183 chars)

    This solid block home is ready for the new owner occupant or investor. The interior is super clean with 3 Bedrooms, 1 Bath and a spacious Living Room. Call today before it's too late!

30. 2025-05-12
    soldstatus $75,000 Closed

    Show marketing remark (183 chars)

    This solid block home is ready for the new owner occupant or investor. The interior is super clean with 3 Bedrooms, 1 Bath and a spacious Living Room. Call today before it's too late!

31. 2025-05-12
    soldstatus $75,000 Sold

    Show marketing remark (183 chars)

    This solid block home is ready for the new owner occupant or investor. The interior is super clean with 3 Bedrooms, 1 Bath and a spacious Living Room. Call today before it's too late!

32. 2025-04-18
    status Under Contract

    Show marketing remark (183 chars)

    This solid block home is ready for the new owner occupant or investor. The interior is super clean with 3 Bedrooms, 1 Bath and a spacious Living Room. Call today before it's too late!

33. 2025-04-18
    status Pending

    Show marketing remark (183 chars)

    This solid block home is ready for the new owner occupant or investor. The interior is super clean with 3 Bedrooms, 1 Bath and a spacious Living Room. Call today before it's too late!

34. 2025-04-18
    historical Active Under Contract 183-char remark

    Show marketing remark (183 chars)

    This solid block home is ready for the new owner occupant or investor. The interior is super clean with 3 Bedrooms, 1 Bath and a spacious Living Room. Call today before it's too late!

35. 2025-04-08
    price $80,990 183-char remark

    Show marketing remark (183 chars)

    This solid block home is ready for the new owner occupant or investor. The interior is super clean with 3 Bedrooms, 1 Bath and a spacious Living Room. Call today before it's too late!

36. 2025-04-08
    price $80,990

    Show marketing remark (183 chars)

    This solid block home is ready for the new owner occupant or investor. The interior is super clean with 3 Bedrooms, 1 Bath and a spacious Living Room. Call today before it's too late!

37. 2025-04-08
    price $80,990

    Show marketing remark (183 chars)

    This solid block home is ready for the new owner occupant or investor. The interior is super clean with 3 Bedrooms, 1 Bath and a spacious Living Room. Call today before it's too late!

38. 2025-03-10
    listed $81,990 Active

    Show marketing remark (183 chars)

    This solid block home is ready for the new owner occupant or investor. The interior is super clean with 3 Bedrooms, 1 Bath and a spacious Living Room. Call today before it's too late!

39. 2025-03-10
    listed $81,990 Active 183-char remark

    Show marketing remark (183 chars)

    This solid block home is ready for the new owner occupant or investor. The interior is super clean with 3 Bedrooms, 1 Bath and a spacious Living Room. Call today before it's too late!

40. 2025-03-10
    historical

    Show marketing remark (183 chars)

    This solid block home is ready for the new owner occupant or investor. The interior is super clean with 3 Bedrooms, 1 Bath and a spacious Living Room. Call today before it's too late!

41. 2025-01-21
    price $81,990
42. 2025-01-21
    price $81,990
43. 2025-01-21
    price $81,990
44. 2024-12-28
    status Back On Market
45. 2024-12-28
    status Under Contract
46. 2024-12-20
    listed $81,990 New
47. 2024-12-20
    listed $82,990 New
48. 2024-10-14
    historical $850
49. 2024-08-20
    listed $875
50. 2024-08-02
    historical $975

ⓘ 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: $564 · $47/mo
• Projected year-2 tax: $828 · $69/mo
• Expected delta: +$264/yr (+$22/mo · 46.7%)

ⓘ 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 ≥109°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 72% 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: $13,754
• − Mortgage interest: −$5,041
• − Property taxes: −$564
• − Insurance: −$450
• − Repairs & maintenance: −$1,100
• − Management: −$1,100
• − Depreciation: −$2,618
• Taxable income: $2,880
• Est. tax owed @ 24.0%: −$691
• After-tax cash flow: $3,497/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

-99.2% since first listed

44 events — show timeline

• 2026-06-11 Listed for Rent $1,150 BUILDIUM
• 2026-05-15 Rental Removed $1,175 BUILDIUM
• 2026-05-13 Price Changed $1,175 BUILDIUM
• 2026-05-08 Listed $90,000 GAMLS
• 2026-04-16 Price Changed $1,025 BUILDIUM
• 2026-03-03 Price Changed $1,100 BUILDIUM
• 2026-02-14 Listed for Rent $1,150 BUILDIUM
• 2025-07-26 Rental Removed $1,100 BUILDIUM
• 2025-07-12 Price Changed $1,100 BUILDIUM
• 2025-06-25 Price Changed $1,200 BUILDIUM
• 2025-06-13 Price Changed $1,250 BUILDIUM
• 2025-06-12 Listed for Rent $1,300 BUILDIUM
• 2025-05-27 Sold (Public Records) $75,000 Public Records
• 2025-05-13 Sold (MLS) $75,000 MGMLS
• 2025-05-12 Sold (MLS) $75,000 GAMLS
• 2025-05-12 Sold (MLS) $75,000 CGMLS
• 2025-04-18 Pending — GAMLS
• 2025-04-18 Pending — CGMLS
• 2025-04-18 Contingent — MGMLS
• 2025-04-08 Price Changed $80,990 MGMLS
• 2025-04-08 Price Changed $80,990 CGMLS
• 2025-04-08 Price Changed $80,990 GAMLS
• 2025-03-10 Listed $81,990 CGMLS
• 2025-03-10 Listed $81,990 MGMLS
• 2025-03-10 Listing Removed — GAMLS
• 2025-03-10 Delisted — CGMLS
• 2025-01-21 Price Changed $81,990 MGMLS
• 2025-01-21 Price Changed $81,990 CGMLS
• 2025-01-21 Price Changed $81,990 GAMLS
• 2024-12-28 Relisted — GAMLS
• 2024-12-28 Relisted — CGMLS
• 2024-12-28 Pending — GAMLS
• 2024-12-28 Pending — CGMLS
• 2024-12-27 Listed $82,990 CGMLS
• 2024-12-20 Listed $82,990 GAMLS
• 2024-12-20 Listed $81,990 GAMLS
• 2024-10-14 Rental Removed $850 Avail
• 2024-08-20 Listed for Rent $875 Avail
• 2024-08-02 Rental Removed $975 Avail
• 2024-06-22 Price Changed $975 Avail
• 2024-05-31 Price Changed $1,100 Avail
• 2024-05-26 Listed for Rent $1,000 Avail
• 2023-08-03 Sold (Public Records) $63,000 Public Records
• 2023-06-23 Sold (Public Records) $145,000 Public Records

Property tax history

+13.4%/yr

Latest (2025): $564 · -1.3% YoY. Source: county tax records.