103 Strawberry Ct · Fitzgerald, GA 31750

$115,000

4 bd · 1.5 ba · 1,609 sqft · SingleFamily public records · 75 Days on market

Built 1983 0.40 ac lot $71/sqft · 13% below area Est $132k · 13% under

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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 +19.6/30.0
• ARV discount +13.3/15.0
• DSCR +6.2/10.0
• 1% rule +5.0/10.0
• Livability +2.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.6/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming 3-bedroom, 2-bath home offering comfortable living space with a fenced yard and storage shed for added convenience. The property provides a solid layout and great potential for buyers ready to update and personalize. Located in Fitzgerald near everyday essentials, with easy access to local shops, dining, and community spots. Enjoy nearby outdoor spaces such as Paulk Park, Blue and Gray Park, and walking areas around downtown Fitzgerald. Home does show deferred maintenance and an outdated interior but offers a strong opportunity to improve value in an established neighborhood.

Key facts

• Easy access
• Fenced yard
• Storage shed

Tags

• FENCED YARD
• STORAGE SHED
• SOLID LAYOUT
• EASY ACCESS
• NEARBY OUTDOOR SPACES
• ESTABLISHED NEIGHBORHOOD

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $115k.

Deal economics

• At list price, monthly cash flow is $134 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $115k (0.1% below list).
• Recommended offer: $108k (6.0% below list) — sets the bar for market timing.
• Cap rate 7.7% vs local median 5.0% in Fitzgerald — 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 55/100 on livability (#513 in GA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing B+; Watch: health & safety C-, schools F, crime F.
• Ben Hill County (rural): math 19% / reading 22% proficiency, ranked #145 of 174 in GA (top 83%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 72% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 128 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 6 units permitted in Ben Hill County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $795 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Ben Hill County population projected at -19% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 75 days — a 6% lower offer ($108k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 6y ago 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, 96% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $108,100 (6.0% below list)

Questions for the listing agent

1. It's been on market 75 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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: 1.00% ✗
• Cap rate: 7.69%
• Cash-on-cash: 4.98%
• DSCR: 1.22
• GRM: 8.3

CMA / ARV

• ARV (median comp): $132,035
• List price: $115,000
• Delta: -12.90%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
103 Strawberry Ct	0.00mi	3/2.0 (-1)	1,609 (0%)	0mo	$110,000	$68	93
106 Van Deman Dr	0.19mi	3/2.0 (-1)	1,543 (-4%)	6mo	$205,000	$133	72
123 Blueberry Ln	0.11mi	3/1.0 (-1)	1,479 (-8%)	6mo	$129,000	$87	69
109 Preston Dr	0.20mi	3/2.5 (-1)	1,668 (+4%)	11mo	$205,000	$123	66
111 Van Deman Ct	0.13mi	3/2.0 (-1)	1,750 (+9%)	9mo	$135,000	$77	65
124 N Main Street Ext	0.51mi	3/2.0 (-1)	1,691 (+5%)	3mo	$149,900	$89	58
113 Lobingier Ave	0.48mi	5/2.0 (+1)	1,568 (-2%)	19mo	$175,000	$112	51
114 Braswell Way	0.55mi	3/2.0 (-1)	1,594 (-1%)	22mo	$175,000	$110	47
141 Turner Ave	0.54mi	3/2.0 (-1)	1,770 (+10%)	6mo	$129,000	$73	46
606 W Suwanee St	0.54mi	3/2.0 (-1)	1,399 (-13%)	1mo	$77,900	$56	45
508 W Altamaha St	0.64mi	4/2.0	1,816 (+13%)	11mo	$156,800	$86	38
120 Terry Ave	0.61mi	3/2.0 (-1)	1,468 (-9%)	14mo	$125,000	$85	38

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -8.6%
• Equity multiple: 0.69×
• Total profit: $-10,122
• Equity at exit: $17,147

10-year hold

• IRR: 1.0%
• Equity multiple: 1.07×
• Total profit: $2,160
• Equity at exit: $9,943

Cash invested: $32,200 (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 31750

• Home prices YoY: -8.0%
• Active inventory: 128
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $1,149 medium
• Mortgage (P&I): −$603
• Tax from tax record: −$123 /mo · $1,478/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$241
• Net cashflow: $134

Break-even live

Break-even rent $980

Max offer price $115,000

Occupancy floor 83%

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: $28,750
• Closing costs: $3,450
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
160 Wilson Ave Fitzgerald, GA	2.0–3.0	1.5–2.0	1066	$1,149	$1.08	43d	4	0.67mi

Listing history 10 events

1. 2026-05-18
   status Under Contract 591-char remark

   Show marketing remark (591 chars)

   Charming 3-bedroom, 2-bath home offering comfortable living space with a fenced yard and storage shed for added convenience. The property provides a solid layout and great potential for buyers ready to update and personalize. Located in Fitzgerald near everyday essentials, with easy access to local shops, dining, and community spots. Enjoy nearby outdoor spaces such as Paulk Park, Blue and Gray Park, and walking areas around downtown Fitzgerald. Home does show deferred maintenance and an outdated interior but offers a strong opportunity to improve value in an established neighborhood.

2. 2026-04-16
   price $115,000 591-char remark

   Show marketing remark (591 chars)

   Charming 3-bedroom, 2-bath home offering comfortable living space with a fenced yard and storage shed for added convenience. The property provides a solid layout and great potential for buyers ready to update and personalize. Located in Fitzgerald near everyday essentials, with easy access to local shops, dining, and community spots. Enjoy nearby outdoor spaces such as Paulk Park, Blue and Gray Park, and walking areas around downtown Fitzgerald. Home does show deferred maintenance and an outdated interior but offers a strong opportunity to improve value in an established neighborhood.

3. 2026-03-04
   listed $119,000 New 591-char remark

   Show marketing remark (591 chars)

   Charming 3-bedroom, 2-bath home offering comfortable living space with a fenced yard and storage shed for added convenience. The property provides a solid layout and great potential for buyers ready to update and personalize. Located in Fitzgerald near everyday essentials, with easy access to local shops, dining, and community spots. Enjoy nearby outdoor spaces such as Paulk Park, Blue and Gray Park, and walking areas around downtown Fitzgerald. Home does show deferred maintenance and an outdated interior but offers a strong opportunity to improve value in an established neighborhood.

4. 2020-09-04
   soldstatus $109,900
5. 2020-08-31
   soldstatus $109,900 289-char remark

   Show marketing remark (289 chars)

   This newly remodeled 3 bedroom 1 1/2 bathroom home has been renovated with beautiful finishes. The home has a new roof, air condition system, water heater, flooring and the list goes on. The finishes in the home are upgraded finishes that you desire. Call today to see this wonderful home.

6. 2020-07-27
   listed $109,900 289-char remark

   Show marketing remark (289 chars)

   This newly remodeled 3 bedroom 1 1/2 bathroom home has been renovated with beautiful finishes. The home has a new roof, air condition system, water heater, flooring and the list goes on. The finishes in the home are upgraded finishes that you desire. Call today to see this wonderful home.

7. 2020-06-08
   soldstatus $35,455
8. 2020-05-01
   listed $32,000
9. 2004-03-17
   soldstatus $68,000
10. 1990-04-04
    soldstatus $35,000

ⓘ 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: $1,478 · $123/mo
• Projected year-2 tax: $1,478 · $123/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 5/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 19 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 96% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,788
• − Mortgage interest: −$6,442
• − Property taxes: −$1,478
• − Insurance: −$575
• − Repairs & maintenance: −$1,103
• − Management: −$1,103
• − Depreciation: −$3,345
• Taxable loss: −$258
• Est. tax savings @ 24.0%: +$62
• After-tax cash flow: $1,665/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: Ben Hill County
• NCES district ID: 1300360
• Math proficiency: 19% ▼ -6.00%
• Reading proficiency: 22% ▼ -2.00%
• Median HH income: $30,617
• Composite: 16.47/100
• National rank: #9186
• State rank: #145 of 174 in GA

Livability — Fitzgerald

• Score: 55/100
• State rank: #513
• US rank: #23277

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Fitzgerald, GA
• Population (ZIP): 18,582

Population outlook (Ben Hill County) Hauer SSP2

• Today (2025): 16,426 people
• By 2030: 15,788 · -3.9%
• By 2040: 14,582 · -11.2%
• By 2050: 13,351 · -18.7%
• By 2075: 10,301 · -37.3%
• By 2100: 7,652 · -53.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 54% Black 35% Hispanic / Latino 9% Two or more races 2%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Slovak 1% Italian 1% Lithuanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 91% English-only · Spanish 8% Other Indo-European 1%

Political lean MEDSL · Ben Hill

• 2024 margin: Solid R (+32.0) · D 33.8% · R 65.8%
• 2008→2024 swing: -18.3pp toward R · 2008: -13.7pp · 2024: -32.0pp
• All cycles: 2024: R+32.0 2020: R+26.2 2016: R+27.6 2012: R+14.9 2008: R+13.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -17.36%
• Current HPI: 200.1257
• 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

+228.6% since first listed

10 events — show timeline

• 2026-05-18 Pending — GAMLS
• 2026-04-16 Price Changed $115,000 GAMLS
• 2026-03-04 Listed $119,000 GAMLS
• 2020-09-04 Sold (Public Records) $109,900 Public Records
• 2020-08-31 Sold (MLS) $109,900 TBOR
• 2020-07-27 Listed $109,900 TBOR
• 2020-06-08 Sold (MLS) $35,455 TBOR
• 2020-05-01 Listed $32,000 TBOR
• 2004-03-17 Sold (Public Records) $68,000 Public Records
• 1990-04-04 Sold (Public Records) $35,000 Public Records

Property tax history

+5.5%/yr

Latest (2025): $1,478 · -4.0% YoY. Source: county tax records.