1106 E Society Ave · Albany, GA 31705

$89,000

2 bd · 1.0 ba · 912 sqft · SingleFamily public records · 29 Days on market

Built 1971 8,276 sqft lot

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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 +25.2/30.0
• DSCR +8.3/10.0
• ARV discount +7.5/15.0
• 1% rule +5.8/10.0
• Rent growth +4.5/5.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• Schools +1.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to your new home! This updated brick home offers comfort, functionality, and several major system updates already completed. Improvements completed in 2020 include the roof, electrical, plumbing, and furnace, along with refreshed interior paint, updated flooring in several areas of the home, and renovated bathroom. The home features a spacious layout with comfortable living areas, generously sized bedrooms, and flexible spaces. The kitchen offers cabinet storage, dining space, and an efficient layout for everyday use. The fenced backyard provides additional outdoor space and room for entertaining and endless possibilities. The brick exterior and covered front entry add to the home's overall character and curb appeal. Whether you are searching for a primary residence or an investment opportunity, this property presents a great opportunity with several key updates already completed! Schedule your private showing today.

Key facts

• Renovated bathroom
• Updated brick home
• Major system updates

Tags

• UPDATED BRICK HOME
• MAJOR SYSTEM UPDATES
• RENOVATED BATHROOM
• FENCED BACKYARD
• COVERED FRONT ENTRY

Property features AI

Finance

• Other: Property is resale; Accessible features noted for the home

Exterior

• Parking: 2 total parking spaces; Driveway parking; Attached parking; Open parking available
• Utilities: Public water; Public sewer; Electricity available; Water available; Sewer available
• Home design: One-story; Slab foundation
• Construction: Brick construction; Shingle roof; Other roof material
• Exterior features: Private yard; Chain link fencing

Interior

• Kitchen: White cabinets; Pantry
• Bedrooms: 3 bedrooms on the main level; Master bedroom on the main level
• Flooring: Hardwood floors
• Bathrooms: 1 full bathroom on the main level; Master bathroom: none
• Heating & cooling: Central heating; Wall and window cooling units
• Interior features: Bay windows; No shared/common walls; Other interior features; Accessible bedroom, closets, doors, entrance, full bath, hallway(s), kitchen, and washer/dryer
• Laundry & utility: Washer and dryer included; Laundry located in kitchen and laundry room

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $89k.

Deal economics

• At list price, monthly cash flow is $132 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($961 rent vs $89k).
• Recommended offer: $88k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.0% vs local median 4.7% in Albany — 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 60/100 on livability (#371 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A-, health & safety B+; Watch: crime F, amenities F, commute F.
• Dougherty County (urban): math 12% / reading 16% proficiency, ranked #163 of 174 in GA (top 94%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 79% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Robert H Harvey Elementary School (math 2% / reading 8%, grade F, #1,160 of 1,228 statewide, top 98%, 464 students, 100% FRL); Albany Middle School (math 5% / reading 8%, grade F, #457 of 470 statewide, top 98%, 833 students, 100% FRL); Dougherty Comprehensive High School (math 2% / reading 5%, grade F, #413 of 424 statewide, top 99%, 1,204 students, 100% FRL) — zoned schools average 100% FRL vs 79% district-wide (21 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+8.1%/yr); 128 active listings in the ZIP; lower-income renter base — watch delinquency; 45 units permitted in Dougherty County in 2024 (20 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $615 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Dougherty County population projected at -24% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $25k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 29 days — a 2% lower offer ($88k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts 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.

Risks & watch-outs

• Watch-outs: flood insurance adds $68/mo.
• Climate carrying-cost: severe flood risk; severe wind risk, 98% 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 $87,665 (1.5% below list)

Questions for the listing agent

1. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. 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.
7. 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.
8. 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: 1.08% ✓
• Cap rate: 8.98%
• Cash-on-cash: 9.60%
• DSCR: 1.43
• GRM: 7.7

CMA / ARV

• ARV (on-the-fly): $57,456
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1410 E Roosevelt Ave	0.47mi	2/1.0	840 (-8%)	3mo	$53,000	$63	62
1308 E Roosevelt Ave	0.32mi	3/1.0 (+1)	1,015 (+11%)	3mo	$58,000	$57	59
1418 E Roosevelt Ave	0.51mi	2/1.0	780 (-14%)	3mo	$53,000	$68	50

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -0.9%
• Equity multiple: 0.96×
• Total profit: $-938
• Equity at exit: $13,270

10-year hold

• IRR: 13.5%
• Equity multiple: 2.33×
• Total profit: $33,182
• Equity at exit: $7,695

Cash invested: $24,920 (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 31705

• Home prices YoY: -20.1%
• Rents YoY: 8.1%
• Active inventory: 128
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $961 medium
• Mortgage (P&I): −$467
• Tax from tax record: −$56 /mo · $670/yr
• Insurance: −$37
• Flood insurance flood zone: −$68 /mo · $814/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$202
• Net cashflow: $132

Break-even live

Break-even rent $794

Max offer price $89,000

Occupancy floor 81%

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: $22,250
• Closing costs: $2,670
• Reserves months: —
• Total cash needed: —

Listing history 19 events

1. 2026-06-19
   days on market $89,000 Active 29 DOM
2. 2026-06-18
   days on market $89,000 Active 28 DOM
3. 2026-06-17
   days on market $89,000 Active 27 DOM
4. 2026-06-16
   days on market $89,000 Active 26 DOM
5. 2026-06-15
   days on market $89,000 Active 25 DOM
6. 2026-06-14
   days on market $89,000 Active 23 DOM
7. 2026-06-13
   days on market $89,000 Active 22 DOM
8. 2026-06-10
   days on market $89,000 Active 20 DOM
9. 2026-06-09
   days on market $89,000 Active 19 DOM
10. 2026-06-08
    days on market $89,000 Active 18 DOM
11. 2026-06-07
    days on market $89,000 Active 17 DOM
12. 2026-06-05
    days on market $89,000 Active 14 DOM
13. 2026-06-02
    days on market $89,000 Active 12 DOM
14. 2026-06-01
    days on market $89,000 Active 11 DOM
15. 2026-05-31
    days on market $89,000 Active 10 DOM
16. 2026-05-30
    days on market $89,000 Active 9 DOM
17. 2026-05-22
    listed $89,000 Active 938-char remark

    Show marketing remark (938 chars)

    Welcome to your new home! This updated brick home offers comfort, functionality, and several major system updates already completed. Improvements completed in 2020 include the roof, electrical, plumbing, and furnace, along with refreshed interior paint, updated flooring in several areas of the home, and renovated bathroom. The home features a spacious layout with comfortable living areas, generously sized bedrooms, and flexible spaces. The kitchen offers cabinet storage, dining space, and an efficient layout for everyday use. The fenced backyard provides additional outdoor space and room for entertaining and endless possibilities. The brick exterior and covered front entry add to the home's overall character and curb appeal. Whether you are searching for a primary residence or an investment opportunity, this property presents a great opportunity with several key updates already completed! Schedule your private showing today.

18. 2026-05-19
    listed $89,000 Active

    Show marketing remark (938 chars)

    Welcome to your new home! This updated brick home offers comfort, functionality, and several major system updates already completed. Improvements completed in 2020 include the roof, electrical, plumbing, and furnace, along with refreshed interior paint, updated flooring in several areas of the home, and renovated bathroom. The home features a spacious layout with comfortable living areas, generously sized bedrooms, and flexible spaces. The kitchen offers cabinet storage, dining space, and an efficient layout for everyday use. The fenced backyard provides additional outdoor space and room for entertaining and endless possibilities. The brick exterior and covered front entry add to the home's overall character and curb appeal. Whether you are searching for a primary residence or an investment opportunity, this property presents a great opportunity with several key updates already completed! Schedule your private showing today.

19. 2026-05-19
    listed $89,000 New 938-char remark

    Show marketing remark (938 chars)

    Welcome to your new home! This updated brick home offers comfort, functionality, and several major system updates already completed. Improvements completed in 2020 include the roof, electrical, plumbing, and furnace, along with refreshed interior paint, updated flooring in several areas of the home, and renovated bathroom. The home features a spacious layout with comfortable living areas, generously sized bedrooms, and flexible spaces. The kitchen offers cabinet storage, dining space, and an efficient layout for everyday use. The fenced backyard provides additional outdoor space and room for entertaining and endless possibilities. The brick exterior and covered front entry add to the home's overall character and curb appeal. Whether you are searching for a primary residence or an investment opportunity, this property presents a great opportunity with several key updates already completed! Schedule your private showing today.

ⓘ 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: $670 · $56/mo
• Projected year-2 tax: $819 · $68/mo
• Expected delta: +$148/yr (+$12/mo · 22.1%)

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

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone D · 99% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥110°F today · 19 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 98% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $11,531
• − Mortgage interest: −$4,985
• − Property taxes: −$670
• − Insurance: −$1,259
• − Repairs & maintenance: −$923
• − Management: −$923
• − Depreciation: −$2,589
• Taxable income: $182
• Est. tax owed @ 24.0%: −$44
• After-tax cash flow: $1,536/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: Dougherty County
• NCES district ID: 1301830
• Math proficiency: 12% ▼ -15.00%
• Reading proficiency: 16% ▼ -9.00%
• Median HH income: $33,105
• Composite: 11.31/100
• National rank: #9716
• State rank: #163 of 174 in GA

Livability — Albany

• Score: 60/100
• State rank: #371
• US rank: #18903

Category grades

Amenities F Commute F Cost of living A+ Crime F Employment F Housing A- Health & safety B+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Albany, GA
• County: Dougherty County · 89,040 people
• City population: 89,040
• Metro: Albany, GA
• Population (ZIP): 30,791
• Household income: $42,972
• Rent vs Own: 51.6% rent · 48.4% own
• Severe rent burden: 1933.0

Population outlook (Dougherty County) Hauer SSP2

• Today (2025): 84,551 people
• By 2030: 80,637 · -4.6%
• By 2040: 72,090 · -14.7%
• By 2050: 64,056 · -24.2%
• By 2075: 46,332 · -45.2%
• By 2100: 33,127 · -60.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (68%)
• Race & ethnicity: Black 68% White 23% Hispanic / Latino 6% Two or more races 4%
• Hispanic origin (detail): Mexican 2% Puerto Rican 1%
• Common ancestry: Lithuanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 94% English-only · Spanish 5% Other Asian/Pacific 1%

Political lean MEDSL · Dougherty

• 2024 margin: Solid D (+41.1) · D 70.4% · R 29.3%
• 2008→2024 swing: +6.2pp toward D · 2008: 35.0pp · 2024: 41.1pp
• All cycles: 2024: D+41.1 2020: D+40.0 2016: D+38.3 2012: D+39.0 2008: D+35.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -38.46%
• Current HPI: 152.4574
• Rent YoY: ▲ 8.10%
• Metro: Albany, 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

+0.0% since first listed

3 events — show timeline

• 2026-05-22 Listed $89,000 SWGABOR
• 2026-05-19 Listed $89,000 GAMLS
• 2026-05-19 Listed $89,000 FMLS

Property tax history

+2.1%/yr

Latest (2025): $670 · +6.1% YoY. Source: county tax records.