525 Love St · Pelham, GA 31779

$65,000

3 bd · 1.0 ba · 942 sqft · SingleFamily public records · 17 Days on market

Built 1960 1.30 ac lot

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +6.2/10.0
• Livability +2.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0

Listing remarks MLS

Investment opportunity with acreage inside the city limits! This 3-bedroom, 1-bath home sits on approximately 1.4 acres in Pelham, offering a rare combination of current rental income and valuable land ownership within the city. The property is currently tenant-occupied, providing immediate cash flow, with potential to increase rental income through future rent adjustments. Recent improvements make this a solid addition to an established portfolio or an excellent acquisition for investors looking to grow their rental holdings. With over an acre of land, this property offers possibilities that are difficult to find in town, including added privacy, future improvements, or long-term investment potential. Conveniently located approximately 30 minutes from Thomasville and one hour from Tallahassee, FL, the property provides easy access to regional employment centers, shopping, and amenities. Investors looking to maximize their opportunity should also consider the two additional income-producing properties available from the same seller. This property may be purchased individually or as part of a package portfolio. See Property Listings for 194 Mitchell Street and 216/222 Bowen Street, Pelham GA for more investment opportunities! Whether you're expanding an existing rental portfolio or entering the investment market, this property offers the combination of rental income, land value, and future upside that investors seek.

Key facts

• Immediate cash flow
• Tenant occupied
• Recent improvements

Tags

• ACREAGE INSIDE CITY LIMITS
• CURRENT RENTAL INCOME
• VALUABLE LAND OWNERSHIP
• TENANT OCCUPIED
• IMMEDIATE CASH FLOW
• RECENT IMPROVEMENTS

Property features AI

Finance

• Financial info: Offered for sale

Exterior

• Parking: Driveway
• Utilities: Public sewer
• Home design: Single-story; Sits on approximately 1.3 acres
• Construction: Block and concrete construction; Slab foundation
• Exterior features: Public maintained paved road access; Lot dimensions approximately 284 x 181 x 294 x 205

Interior

• Kitchen: Icemaker; Oven; Range; Refrigerator
• Bathrooms: 1 full bathroom
• Heating & cooling: Has cooling: wall/window units
• Interior features: Wall/window cooling units

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $65k.

Deal economics

• At list price, monthly cash flow is $359 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $65k).
• Recommended offer: $64k (1.5% below list) — sets the bar for market timing.
• Cap rate 12.9% vs local median 4.8% in Pelham — 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 56/100 on livability (#483 in GA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: schools F, crime F, amenities F.
• Pelham City (rural): math 13% / reading 20% proficiency, ranked #159 of 174 in GA (top 91%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 73% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 36 active listings in the ZIP; 25 units permitted in Mitchell County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $2k of equity ($449 loan paydown + $2k appreciation (2.4% local appreciation)).
• Mitchell County population projected at -29% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (2.4% appreciation + 3.0% rent growth), your $18k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 17 days — a 2% lower offer ($64k) is reasonable based on typical stale-listing flexibility.
• 2 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

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $64,025 (1.5% below list)

Questions for the listing agent

1. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
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: 1.54% ✓
• Cap rate: 12.93%
• Cash-on-cash: 23.69%
• DSCR: 2.05
• GRM: 5.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

2.35% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 28.6%
• Equity multiple: 2.57×
• Total profit: $28,515
• Equity at exit: $26,879

10-year hold

• IRR: 29.7%
• Equity multiple: 4.97×
• Total profit: $72,270
• Equity at exit: $39,684

Cash invested: $18,200 (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 31779

• Home prices YoY: 1.0%
• Active inventory: 36
• Price-to-rent: 5.4×

Monthly cashflow live

• Estimated rent: $1,000 medium
• Mortgage (P&I): −$341
• Tax from tax record: −$63 /mo · $757/yr
• Insurance: −$27
• HOA: −$0
• Vacancy / Maint / Mgmt: −$210
• Net cashflow: $359

Break-even live

Break-even rent $546

Max offer price $65,000

Occupancy floor 59%

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: $16,250
• Closing costs: $1,950
• Reserves months: —
• Total cash needed: —

Listing history 13 events

1. 2026-06-18
   days on market $65,000 Active 17 DOM
2. 2026-06-17
   days on market $65,000 Active 16 DOM
3. 2026-06-16
   days on market $65,000 Active 15 DOM
4. 2026-06-15
   days on market $65,000 Active 14 DOM
5. 2026-06-13
   days on market $65,000 Active 12 DOM
6. 2026-06-12
   days on market $65,000 Active 11 DOM
7. 2026-06-09
   days on market $65,000 Active 8 DOM
8. 2026-06-08
   days on market $65,000 Active 7 DOM
9. 2026-06-07
   days on market $65,000 Active 6 DOM
10. 2026-06-07
    days on market $65,000 Active 5 DOM
11. 2026-06-04
    days on market $65,000 Active 2 DOM
12. 2026-06-01
    remarks 699-char remark

    Show marketing remark (1439 chars)

    Investment opportunity with acreage inside the city limits! This 3-bedroom, 1-bath home sits on approximately 1.4 acres in Pelham, offering a rare combination of current rental income and valuable land ownership within the city. The property is currently tenant-occupied, providing immediate cash flow, with potential to increase rental income through future rent adjustments. Recent improvements make this a solid addition to an established portfolio or an excellent acquisition for investors looking to grow their rental holdings. With over an acre of land, this property offers possibilities that are difficult to find in town, including added privacy, future improvements, or long-term investment potential. Conveniently located approximately 30 minutes from Thomasville and one hour from Tallahassee, FL, the property provides easy access to regional employment centers, shopping, and amenities. Investors looking to maximize their opportunity should also consider the two additional income-producing properties available from the same seller. This property may be purchased individually or as part of a package portfolio. See Property Listings for 194 Mitchell Street and 216/222 Bowen Street, Pelham GA for more investment opportunities! Whether you're expanding an existing rental portfolio or entering the investment market, this property offers the combination of rental income, land value, and future upside that investors seek.

13. 2026-06-01
    listed $65,000 Active 1 DOM

    Show marketing remark (1439 chars)

    Investment opportunity with acreage inside the city limits! This 3-bedroom, 1-bath home sits on approximately 1.4 acres in Pelham, offering a rare combination of current rental income and valuable land ownership within the city. The property is currently tenant-occupied, providing immediate cash flow, with potential to increase rental income through future rent adjustments. Recent improvements make this a solid addition to an established portfolio or an excellent acquisition for investors looking to grow their rental holdings. With over an acre of land, this property offers possibilities that are difficult to find in town, including added privacy, future improvements, or long-term investment potential. Conveniently located approximately 30 minutes from Thomasville and one hour from Tallahassee, FL, the property provides easy access to regional employment centers, shopping, and amenities. Investors looking to maximize their opportunity should also consider the two additional income-producing properties available from the same seller. This property may be purchased individually or as part of a package portfolio. See Property Listings for 194 Mitchell Street and 216/222 Bowen Street, Pelham GA for more investment opportunities! Whether you're expanding an existing rental portfolio or entering the investment market, this property offers the combination of rental income, land value, and future upside that investors seek.

ⓘ 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: $757 · $63/mo
• Projected year-2 tax: $757 · $63/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 7/10 Severe
• 🌡 Heat 7/10 Severe 7 d/yr ≥108°F today · 18 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 7 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,006
• − Mortgage interest: −$3,641
• − Property taxes: −$757
• − Insurance: −$325
• − Repairs & maintenance: −$960
• − Management: −$960
• − Depreciation: −$1,891
• Taxable income: $3,471
• Est. tax owed @ 24.0%: −$833
• After-tax cash flow: $3,479/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: Pelham City
• NCES district ID: 1304080
• Math proficiency: 13% ▼ -20.00%
• Reading proficiency: 20% ▼ -6.00%
• Median HH income: $27,961
• Composite: 12.88/100
• National rank: #9589
• State rank: #159 of 174 in GA

Livability — Pelham

• Score: 56/100
• State rank: #483
• US rank: #22451

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pelham, GA
• Population (ZIP): 8,877

Population outlook (Mitchell County) Hauer SSP2

• Today (2025): 20,489 people
• By 2030: 19,310 · -5.8%
• By 2040: 16,971 · -17.2%
• By 2050: 14,616 · -28.7%
• By 2075: 9,435 · -54.0%
• By 2100: 5,424 · -73.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (55%)
• Race & ethnicity: White 55% Black 40% Hispanic / Latino 4% Two or more races 2%
• Common ancestry: Lithuanian 2%
• Foreign-born: 2% · Canada
• Languages at home: 94% English-only · Spanish 4%

Political lean MEDSL · Mitchell

• 2024 margin: R (+16.3) · D 41.7% · R 58.0%
• 2008→2024 swing: -12.3pp toward R · 2008: -4.1pp · 2024: -16.3pp
• All cycles: 2024: R+16.3 2020: R+10.5 2016: R+9.9 2012: R+0.9 2008: R+4.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 2.35%
• Current HPI: 242.0914
• Rent YoY: —
• Metro: —
• 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

2 events — show timeline

• 2026-06-01 Listed $65,000 TABRMLS
• 2026-06-01 Listed $65,000 CATRS

Property tax history

+13.3%/yr

Latest (2025): $757 · -0.1% YoY. Source: county tax records.