Real Estate Investing in Bonaire, Georgia (31005)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 31005 (Bonaire, GA)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Bonaire, GA (31005)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 31005 Bonaire
This part of Houston County is not an easy win. The 31005 ZIP records softness in key indicators, and the playbook that works in cleaner markets often stalls here.
On balance, the numbers look inviting — $307K purchase price, 0.0% nominal cap — the work to hit that pro forma in 31005 is substantial and deserves full respect.
Within GA, ZIP 31005 trails on several market indicators that neighboring Houston County submarkets outperform. The gap is real and resilient enough to shape underwriting.
Who lives in 31005 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
New investors are better served looking at Bonaire's stable or hybrid ZIPs before stepping into 31005. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Bonaire:
Property Strategy for 31005
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $241,733 | $2,130 | 6.3% | +9.2% | $80,578 |
| 4BR | $358,946 | $2,510 | 5.0% | +6.9% | $89,736 |
| 5BR | $437,563 | — | — | +6.2% | $87,513 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 31005 Compare?
| Metric | 31005 | Bonaire | Warner Robins, GA | Georgia |
|---|---|---|---|---|
| Home Value | $307,111 | $307,111 | N/A | $329,538 |
| 5-Year CAGR | 6.5% | 6.5% | N/A | 7.8% |
| Avg Rent | $1,834 | $1,834 | N/A | - |
| Cap Rate | 4.7% | 4.7% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 31005 (Bonaire, GA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $307,111 |
| Monthly Rent | $1,834 |
| Price-to-Rent | 14.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.2% |
| Cap Rate | 4.7% |
| 5-Year IRR | 11.2% |
📈 Home Appreciation
| 1-Year | +5.1% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 Rent Trends
| 1-Year | -0.8% ▼ |
| 3-Year CAGR | +2.5% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 31005
Population: 20,697
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 31005
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 5,226 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What kind of market is Bonaire, GA for investors?
Investors tracking Bonaire, GA will find a 3.0/5 rating supported by $307K median home values and $1,834/mo rents. That profile suits long-term holders targeting stable returns.
What is the average monthly rent in Bonaire, GA?
Rent in Bonaire, GA is around $1,834/mo. The resulting rent-to-value relationship with $307K pricing is reasonable for most investor models.
How do experienced investors play Bonaire, GA?
The best-fit strategy in Bonaire, GA is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
What are vacancy rates like in Bonaire, GA?
Bonaire, GA sees elevated vacancy, which is reasonable relative to the broader GA rental market.
What are home prices like in Bonaire, GA?
Median home price in Bonaire, GA is near $307K, with a 5-year CAGR of 0.0%. Prices have been predictable and supportive of buy-and-hold strategies.
You know 31005 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 31005 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 31005 ranks in Warner Robins, GA
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