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2813 S Estates Rd
C+ Composite 61.08
Why this score? — see what drove the C+ 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 +24.5/30.0
  • ARV discount +15.0/15.0
  • DSCR +7.9/10.0
  • 1% rule +5.5/10.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0
  • Rent growth +1.9/5.0
  • Schools +1.2/10.0
  • Appreciation +0.0/10.0

$190,000

2813 S Estates Rd · Macon-Bibb County, GA 31216
3 bd · 2.0 ba · 1,816 sqft · SingleFamily public records · 98 Days on market
Built 1971 0.60 ac lot Est $287k · 34% under

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

Listing remarks MLS

This home offers a spacious living area designed for comfortable everyday living. With four well-sized bedrooms and two full bathrooms, there is plenty of room for family, guests, or a home office. The spacious yard provides ample outdoor space, while the fenced-in backyard offers added privacy and security for pets or children. A chicken coop is located on the property, adding a unique feature for those interested in small-scale homesteading or outdoor hobbies. This property offers a functional layout with room to personalize and make it your own.

Key facts

  • Spacious living area
  • Fenced-in backyard
  • Chicken coop

Tags

SPACIOUS LIVING AREAFENCED-IN BACKYARDCHICKEN COOP

Property features AI

Finance

  • Other: Located in Porterfield Estates subdivision; Address: 2813 S Estates Rd, Macon, GA 31216
  • HOA & community: No HOA

Exterior

  • Parking: Parking pad (open parking)
  • Utilities: Public water; Septic tank; Cable available; Electricity available; High-speed internet available
  • Home design: Single-family residence; House structure; Resale property
  • Construction: Brick construction; Composition roof; Built in 1971
  • Exterior features: Level lot

Interior

  • Kitchen: Dishwasher; Kitchen/laundry combo (laundry located in kitchen)
  • Bedrooms: 4 bedrooms on the main level
  • Flooring: Hardwood flooring; Laminate flooring
  • Bathrooms: 2 full bathrooms on the main level
  • Heating & cooling: Central heating (electric); Central air; Ceiling fan(s)
  • Interior features: One-level living; Living area 1816 (public records); Public-records above-grade finished area
  • Laundry & utility: Laundry located in the kitchen

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/2.0-bath single-family listed at $190k.

Deal economics

  • At list price, monthly cash flow is $391 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $190k).
  • Recommended offer: $173k (9.0% below list) — sets the bar for market timing.
  • Cap rate 8.8% 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 C — 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: Porter Elementary School (math 12% / reading 22%, grade F, #936 of 1,228 statewide, top 79%, 406 students, 100% FRL); Rutland Middle School (math 12% / reading 28%, grade F, #349 of 470 statewide, top 75%, 812 students, 100% FRL); Rutland High School (math 2% / reading 8%, grade F, #394 of 424 statewide, top 97%, 907 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 soft (-2.3%/yr); 195 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 154 units permitted in Bibb County in 2024 (0 in 5+ unit buildings).
  • This rent runs 33% of the median local income ($72k/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 $1k of loan paydown is wiped out by about $6k 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 98 days — a 9% lower offer ($173k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 14y ago; this cycle's ask has dropped $30k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $65k; list at $190k implies a 192% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: major flood risk; major wind risk, 76% 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 $172,900 (9.0% below list)

Questions for the listing agent

  1. It's been on market 98 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1971 — 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
1.05%
Cap rate
8.76%
Cash-on-cash
8.82%
DSCR
1.39
GRM
8.0

CMA / ARV

ARV (on-the-fly)
$286,928
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2813 S Estates Rd 0.00mi 4/2.0 (+1) 1,816 (0%) 1mo $190,000 $105 94
310 Browning Pointe Rd 0.20mi 3/2.0 1,817 (+0%) 7mo $308,040 $170 85
116 Fred Ct 0.13mi 4/2.0 (+1) 1,812 (-0%) 5mo $289,000 $159 84
106 Maries Garden Trl 0.13mi 4/2.0 (+1) 1,817 (+0%) 6mo $311,615 $171 84
344 Browning Pointe Rd 0.21mi 4/2.0 (+1) 1,812 (-0%) 3mo $270,000 $149 82
321 Browning Pointe Rd 0.15mi 4/2.0 (+1) 1,791 (-1%) 4mo $283,000 $158 82
350 Browning Pointe Rd 0.20mi 4/2.0 (+1) 1,812 (-0%) 4mo $289,000 $159 82
5864 Porterfield Cir 0.24mi 3/2.0 1,624 (-11%) 7mo $210,000 $129 65
2960 Regina Dr 0.33mi 3/2.0 2,021 (+11%) 4mo $235,000 $116 62
268 Amanda Dr 0.56mi 3/2.0 1,960 (+8%) 1mo $325,000 $166 60
261 Amanda Dr 0.59mi 3/2.0 1,952 (+8%) 1mo $268,900 $138 59
116 Allentown Ct 0.55mi 3/2.0 1,626 (-10%) 6mo $252,000 $155 52

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 · 0.0% rent growth · sell at horizon

5-year hold
IRR
-6.1%
Equity multiple
0.78×
Total profit
$-11,781
Equity at exit
$28,330
10-year hold
IRR
-0.3%
Equity multiple
0.98×
Total profit
$-964
Equity at exit
$16,428

Cash invested: $53,200 (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.

ZIP-level market 31216

Rents YoY
-2.3%
Active inventory
195
Price-to-rent
8.0×

Monthly cashflow live

Estimated rent
$1,992 medium interval (Pro) →
Mortgage (P&I)
$996
Tax from tax record
$107 /mo · $1,284/yr
Insurance
$79
HOA
$0
Vacancy / Maint / Mgmt
$418
Net cashflow
$391

Break-even live

Break-even rent $1,497
Max offer price $190,000
Occupancy floor 75%

Sensitivity live

Price -10% $498 -5% $445 +0% $391 +5% $337 +10% $283
Rent -10% $234 -5% $312 +0% $391 +5% $470 +10% $548
Rate -1.0pp $487 -0.5pp $439 base $391 +0.5pp $342 +1.0pp $292

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
$47,500
Closing costs
$5,700
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 4 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
334 Amanda Dr Macon, GA 3.0 2.5 2316 $2,265 $0.98 21d 1 0.36mi
3478 Bridgewood Dr Macon, GA 3.0 2.5 1915 $2,095 $1.09 44d 1 1.06mi
4057 Liberty Estates Dr Macon, GA 3.0 2.0 1747 $1,845 $1.06 21d 1 1.16mi
6670 Fran Dr Macon, GA 4.0 3.0 2024 $2,181 $1.08 14d 1 1.25mi

Listing history 14 events

  1. 2026-05-01
    status Under Contract
    Show marketing remark (554 chars)

    This home offers a spacious living area designed for comfortable everyday living. With four well-sized bedrooms and two full bathrooms, there is plenty of room for family, guests, or a home office. The spacious yard provides ample outdoor space, while the fenced-in backyard offers added privacy and security for pets or children. A chicken coop is located on the property, adding a unique feature for those interested in small-scale homesteading or outdoor hobbies. This property offers a functional layout with room to personalize and make it your own.

  2. 2026-05-01
    status Pending 554-char remark
    Show marketing remark (554 chars)

    This home offers a spacious living area designed for comfortable everyday living. With four well-sized bedrooms and two full bathrooms, there is plenty of room for family, guests, or a home office. The spacious yard provides ample outdoor space, while the fenced-in backyard offers added privacy and security for pets or children. A chicken coop is located on the property, adding a unique feature for those interested in small-scale homesteading or outdoor hobbies. This property offers a functional layout with room to personalize and make it your own.

  3. 2026-04-24
    price $190,000 554-char remark
    Show marketing remark (554 chars)

    This home offers a spacious living area designed for comfortable everyday living. With four well-sized bedrooms and two full bathrooms, there is plenty of room for family, guests, or a home office. The spacious yard provides ample outdoor space, while the fenced-in backyard offers added privacy and security for pets or children. A chicken coop is located on the property, adding a unique feature for those interested in small-scale homesteading or outdoor hobbies. This property offers a functional layout with room to personalize and make it your own.

  4. 2026-04-24
    price $190,000
    Show marketing remark (554 chars)

    This home offers a spacious living area designed for comfortable everyday living. With four well-sized bedrooms and two full bathrooms, there is plenty of room for family, guests, or a home office. The spacious yard provides ample outdoor space, while the fenced-in backyard offers added privacy and security for pets or children. A chicken coop is located on the property, adding a unique feature for those interested in small-scale homesteading or outdoor hobbies. This property offers a functional layout with room to personalize and make it your own.

  5. 2026-04-16
    price $210,500 554-char remark
    Show marketing remark (554 chars)

    This home offers a spacious living area designed for comfortable everyday living. With four well-sized bedrooms and two full bathrooms, there is plenty of room for family, guests, or a home office. The spacious yard provides ample outdoor space, while the fenced-in backyard offers added privacy and security for pets or children. A chicken coop is located on the property, adding a unique feature for those interested in small-scale homesteading or outdoor hobbies. This property offers a functional layout with room to personalize and make it your own.

  6. 2026-04-16
    price $210,000
    Show marketing remark (554 chars)

    This home offers a spacious living area designed for comfortable everyday living. With four well-sized bedrooms and two full bathrooms, there is plenty of room for family, guests, or a home office. The spacious yard provides ample outdoor space, while the fenced-in backyard offers added privacy and security for pets or children. A chicken coop is located on the property, adding a unique feature for those interested in small-scale homesteading or outdoor hobbies. This property offers a functional layout with room to personalize and make it your own.

  7. 2026-02-24
    price $214,500 554-char remark
    Show marketing remark (554 chars)

    This home offers a spacious living area designed for comfortable everyday living. With four well-sized bedrooms and two full bathrooms, there is plenty of room for family, guests, or a home office. The spacious yard provides ample outdoor space, while the fenced-in backyard offers added privacy and security for pets or children. A chicken coop is located on the property, adding a unique feature for those interested in small-scale homesteading or outdoor hobbies. This property offers a functional layout with room to personalize and make it your own.

  8. 2026-02-24
    price $214,500
    Show marketing remark (554 chars)

    This home offers a spacious living area designed for comfortable everyday living. With four well-sized bedrooms and two full bathrooms, there is plenty of room for family, guests, or a home office. The spacious yard provides ample outdoor space, while the fenced-in backyard offers added privacy and security for pets or children. A chicken coop is located on the property, adding a unique feature for those interested in small-scale homesteading or outdoor hobbies. This property offers a functional layout with room to personalize and make it your own.

  9. 2026-01-23
    listed $220,000 Active 554-char remark
    Show marketing remark (554 chars)

    This home offers a spacious living area designed for comfortable everyday living. With four well-sized bedrooms and two full bathrooms, there is plenty of room for family, guests, or a home office. The spacious yard provides ample outdoor space, while the fenced-in backyard offers added privacy and security for pets or children. A chicken coop is located on the property, adding a unique feature for those interested in small-scale homesteading or outdoor hobbies. This property offers a functional layout with room to personalize and make it your own.

  10. 2026-01-21
    listed $220,000 New
  11. 2019-07-01
    soldstatus $65,000
  12. 2013-02-26
    soldstatus $56,000 112-char remark
    Show marketing remark (112 chars)

    Great little starter home in Sub South. Eligible for $100 down payment program. 3 bedrooms, 2 baths on .6 acres.

  13. 2012-12-21
    listed $56,000 112-char remark
    Show marketing remark (112 chars)

    Great little starter home in Sub South. Eligible for $100 down payment program. 3 bedrooms, 2 baths on .6 acres.

  14. 2008-12-01
    soldstatus $111,500

ⓘ 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
$1,284 · $107/mo
Projected year-2 tax
$1,748 · $146/mo
Expected delta
+$464/yr (+$39/mo · 36.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 74% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 7/10 Severe 7 d/yr ≥108°F today · 18 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 76% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 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
$23,899
− Mortgage interest
−$10,643
− Property taxes
−$1,284
− Insurance
−$950
− Repairs & maintenance
−$1,912
− Management
−$1,912
− Depreciation
−$5,527
Taxable income
$1,672
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$401
After-tax cash flow
$4,289/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)
16,328
Household income
$72,452
Rent vs Own
13.9% rent · 86.1% own
Severe rent burden
161.0

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
Diverse neighborhood (Simpson 0.56)
Race & ethnicity
White 56% Black 35% Hispanic / Latino 4% Two or more races 3% Asian 1%
Common ancestry
Serbian 2% Lithuanian 2% Italian 1%
Foreign-born
3% · South Korea, Canada
Languages at home
97% English-only · Spanish 2% Korean 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
▼ -135.37%
Current HPI
211.3565
Rent YoY
▼ -2.31%
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

+70.4% since first listed
14 events — show timeline
  • 2026-05-01 Pending GAMLS
  • 2026-05-01 Pending CGMLS
  • 2026-04-24 Price Changed $190,000 CGMLS
  • 2026-04-24 Price Changed $190,000 GAMLS
  • 2026-04-16 Price Changed $210,500 CGMLS
  • 2026-04-16 Price Changed $210,000 GAMLS
  • 2026-02-24 Price Changed $214,500 CGMLS
  • 2026-02-24 Price Changed $214,500 GAMLS
  • 2026-01-23 Listed $220,000 CGMLS
  • 2026-01-21 Listed $220,000 GAMLS
  • 2019-07-01 Sold (Public Records) $65,000 Public Records
  • 2013-02-26 Sold (MLS) $56,000 GAMLS
  • 2012-12-21 Listed $56,000 GAMLS
  • 2008-12-01 Sold (Public Records) $111,500 Public Records

Property tax history

+16.0%/yr

Latest (2025): $1,284 · +6.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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