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Macon, GA Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,207
Monthly Cash Flow
$385
Principal + Equity
$1,099
Annual Total Gain
$17,802
Cash on Cash
10.89%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$142
Occupancy Rate
47.91%
Monthly Revenue
$1,538
Monthly Cash Flow
$485
Principal + Equity
$1,099
Annual Total Gain
$19,006
Cash on Cash %
13.73%
Net ROI %
Market Health & Growth
Median Income
$25,773
Population
0
LTR Renter %
56.17%
Forecast (1 yr)
2.49%
Appreciation (1 yr)
-2.23%
Appreciation (5 yr)
49.4%
Appreciation (10 yr)
94.11%
Job Growth
0%
LTR Rentability
Very Low
STR Demand
24
STR Rentals
390
Top Public Schools
BAlexander II Elementary School
B-Skyview Elementary School
B-
B-
B-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
F
Overall
Top-level market grade
Explore neighborhood ratings across key factors like public schools, housing, safety, and cost of living.
F
Public School
F
Crime And Safety
F
Housing
F
Nightlife
F
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Macon, GA.
In Macon, GA, Short Term Rental (STR) regulations are overseen by the Macon-Bibb County Planning & Zoning Commission. Investors looking to purchase a property for short term rental purposes should be aware of the following regulations:
1. Zoning Restrictions: Macon has specific zoning regulations that dictate where short term rentals are allowed to operate. Investors should ensure that the property they are interested in purchasing is located in a zone that permits short term rentals.
2. Permitting Requirements: In Macon, property owners must obtain a Short Term Rental Permit in order to legally operate a short term rental. This permit must be renewed annually and requires an application fee.
3. Occupancy Limits: Macon has regulations in place that limit the number of guests allowed to stay in a short term rental property at any given time. Investors should be aware of these occupancy limits and ensure they are in compliance.
4. Noise and Nuisance Regulations: Macon has noise ordinances in place that prohibit excessive noise and disturbances in residential neighborhoods. Investors should be mindful of these regulations and ensure that their short term rental property does not cause disruptions to neighbors.
5. Taxation: Short term rental properties in Macon are subject to lodging taxes, which must be collected and remitted to the appropriate authorities. Investors should be aware of their tax obligations and ensure they are in compliance with local tax laws.
6. Insurance Requirements: Investors should also consider obtaining appropriate insurance coverage for their short term rental property, including liability insurance to protect against potential damages or injuries that may occur on the property.
By being aware of and complying with these regulations, investors can ensure a smooth and successful investment in the Macon short term rental market.
Market Trends Over Time
Explore 25 years of market data for Macon, GA, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Macon, GA.
The LTR Genie Score of Macon, GA is 61 and the STR Genie Score is 57, indicating a moderate level of attractiveness for long-term rental investment and a slightly lower level for short-term rental investment. The LTR Rentability being very low and the LTR Rent Growth Rate at 0.0% contribute to the lower LTR Genie Score. On the other hand, the STR Net ROI of 44.85% and the STR Occupancy rate of 47.91% contribute to the slightly higher STR Genie Score.
Macon, GA is a city located in central Georgia known for its rich history and cultural attractions. It is home to several colleges and universities, which can attract a steady stream of potential tenants for both long-term and short-term rentals.
Based on the metrics provided, Macon, GA may be more attractive for short-term rental investment due to the higher potential ROI and occupancy rate. However, investors should consider the 1-Year Price Appreciation Forecast of 2.49% when making their decision. It may be beneficial to explore a combination of both long-term and short-term rental strategies to maximize returns in this market.
LTR Genie Score 93
$112,000
🛏 3 Beds🛁 2.0000 Baths🏙 1,581 sqft.🏠 SINGLE FAMILY
