1502 Camellia Dr · Dublin, GA 31021

$139,900

4 bd · 3.0 ba · 1,434 sqft · SingleFamily public records · 77 Days on market

Built 1967 0.32 ac lot $98/sqft · 15% below area Est $164k · 15% 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 +21.9/30.0
• ARV discount +14.2/15.0
• DSCR +7.0/10.0
• 1% rule +5.7/10.0
• Livability +3.1/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This traditional ranch style residence at 1502 Camellia Drive offers a generous layout with four bedrooms and three full bathrooms, providing ample space for a variety of lifestyles in the heart of Dublin, Georgia. The home is situated on a 0.32-acre lot and features a classic brick exterior, a functional carport for convenient off-street parking, and a shed for extra storage in the backyard. Inside, the floor plan spans over 1,400 square feet and includes a cozy fireplace, while central heating and cooling ensure year-round comfort. This home is being sold as-is and is perfect for an investor or someone wanting a project, presenting a versatile opportunity to create a personalized living space waiting for your touch. Positioned within a well-established neighborhood, the property is located near local schools such as Hillcrest Elementary and Dublin High School, as well as the Stubbs Park-Stonewall Street Historic District, making it a prime candidate for a custom renovation in a community known for its central location and proximity to regional transportation routes like I-16.

Key facts

• Brick exterior
• Shed
• Carport

Tags

• BRICK EXTERIOR
• CARPORT
• SHED
• COZY FIREPLACE
• WELL-ESTABLISHED NEIGHBORHOOD
• NEAR LOCAL SCHOOLS

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $220 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $132k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.2% vs local median 4.2% in Dublin — 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 62/100 on livability (#322 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A; Watch: crime D+, schools F, amenities F.
• Dublin City (town): math 10% / reading 16% proficiency, ranked #165 of 174 in GA (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 78% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+1.4%/yr); 218 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 55 units permitted in Laurens County in 2024 (24 in 5+ unit buildings).
• This rent runs 32% of the median local income ($56k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $967 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Laurens County population projected at -21% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 77 days — a 6% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $80k; list at $140k implies a 76% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $131,506 (6.0% below list)

Questions for the listing agent

1. It's been on market 77 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1967 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. Crime grade is D 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?
7. 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.
8. 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.
9. 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: 1.07% ✓
• Cap rate: 8.18%
• Cash-on-cash: 6.74%
• DSCR: 1.30
• GRM: 7.8

CMA / ARV

• ARV (median comp): $164,334
• List price: $139,900
• Delta: -14.87%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
107 Lacross St	0.15mi	3/2.0 (-1)	1,429 (-0%)	11mo	$215,000	$150	74
1405 Camellia Dr	0.19mi	3/3.0 (-1)	1,350 (-6%)	13mo	$42,000	$31	66
1502 Stonewall St	0.07mi	3/1.0 (-1)	1,284 (-10%)	1mo	$165,000	$129	65
214 Geneva St	0.17mi	3/2.0 (-1)	1,489 (+4%)	21mo	$184,900	$124	59
206 Mecca St	0.35mi	3/2.0 (-1)	1,348 (-6%)	10mo	$167,000	$124	56
1602 Woodrow Ave	0.51mi	3/1.0 (-1)	1,403 (-2%)	15mo	$136,000	$97	47
809 Highland Ave	0.65mi	3/2.0 (-1)	1,497 (+4%)	18mo	$140,000	$94	39
301 Roberts St	0.52mi	4/2.0	1,272 (-11%)	24mo	$112,000	$88	33
810 Stonewall St	0.60mi	3/2.0 (-1)	1,644 (+15%)	9mo	$135,000	$82	31

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 · 1.45% rent growth · sell at horizon

5-year hold

• IRR: -7.7%
• Equity multiple: 0.72×
• Total profit: $-10,942
• Equity at exit: $20,860

10-year hold

• IRR: -0.2%
• Equity multiple: 0.99×
• Total profit: $-571
• Equity at exit: $12,096

Cash invested: $39,172 (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 31021

• Home prices YoY: -18.7%
• Rents YoY: 1.4%
• Active inventory: 218
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,502 medium
• Mortgage (P&I): −$734
• Tax est. 1.5%: −$175 /mo · $2,098/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$315
• Net cashflow: $220

Break-even live

Break-even rent $1,224

Max offer price $139,900

Occupancy floor 80%

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
113 Ramsey St Dublin, GA	3.0	2.0	1500	$1,500	$1.00	44d	1	0.57mi

Listing history 19 events

1. 2026-06-19
   days on market $139,900 Active 77 DOM
2. 2026-06-18
   days on market $139,900 Active 76 DOM
3. 2026-06-17
   days on market $139,900 Active 75 DOM
4. 2026-06-16
   days on market $139,900 Active 74 DOM
5. 2026-06-15
   days on market $139,900 Active 73 DOM
6. 2026-06-14
   days on market $139,900 Active 71 DOM
7. 2026-06-12
   days on market $139,900 Active 70 DOM
8. 2026-06-09
   days on market $139,900 Active 67 DOM
9. 2026-06-08
   days on market $139,900 Active 66 DOM
10. 2026-06-07
    statusdays on market $139,900 Active 65 DOM
11. 2026-06-07
    pricestatusdays on market $139,900 Price Change 64 DOM
12. 2026-06-03
    days on market $169,900 Active 61 DOM
13. 2026-06-02
    days on market $169,900 Active 60 DOM
14. 2026-06-01
    days on market $169,900 Active 59 DOM
15. 2026-05-31
    days on market $169,900 Active 58 DOM
16. 2026-05-30
    days on market $169,900 Active 57 DOM
17. 2026-05-04
    price $169,900 1094-char remark

    Show marketing remark (1094 chars)

    This traditional ranch style residence at 1502 Camellia Drive offers a generous layout with four bedrooms and three full bathrooms, providing ample space for a variety of lifestyles in the heart of Dublin, Georgia. The home is situated on a 0.32-acre lot and features a classic brick exterior, a functional carport for convenient off-street parking, and a shed for extra storage in the backyard. Inside, the floor plan spans over 1,400 square feet and includes a cozy fireplace, while central heating and cooling ensure year-round comfort. This home is being sold as-is and is perfect for an investor or someone wanting a project, presenting a versatile opportunity to create a personalized living space waiting for your touch. Positioned within a well-established neighborhood, the property is located near local schools such as Hillcrest Elementary and Dublin High School, as well as the Stubbs Park-Stonewall Street Historic District, making it a prime candidate for a custom renovation in a community known for its central location and proximity to regional transportation routes like I-16.

18. 2026-04-03
    listed $184,900 New 1094-char remark

    Show marketing remark (1094 chars)

    This traditional ranch style residence at 1502 Camellia Drive offers a generous layout with four bedrooms and three full bathrooms, providing ample space for a variety of lifestyles in the heart of Dublin, Georgia. The home is situated on a 0.32-acre lot and features a classic brick exterior, a functional carport for convenient off-street parking, and a shed for extra storage in the backyard. Inside, the floor plan spans over 1,400 square feet and includes a cozy fireplace, while central heating and cooling ensure year-round comfort. This home is being sold as-is and is perfect for an investor or someone wanting a project, presenting a versatile opportunity to create a personalized living space waiting for your touch. Positioned within a well-established neighborhood, the property is located near local schools such as Hillcrest Elementary and Dublin High School, as well as the Stubbs Park-Stonewall Street Historic District, making it a prime candidate for a custom renovation in a community known for its central location and proximity to regional transportation routes like I-16.

19. 2016-07-22
    soldstatus $79,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 18 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,028
• − Mortgage interest: −$7,837
• − Property taxes: −$2,098
• − Insurance: −$700
• − Repairs & maintenance: −$1,442
• − Management: −$1,442
• − Depreciation: −$4,070
• Taxable income: $439
• Est. tax owed @ 24.0%: −$105
• After-tax cash flow: $2,535/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: Dublin City
• NCES district ID: 1301870
• Math proficiency: 10% ▼ -15.00%
• Reading proficiency: 16% ▼ -6.00%
• Median HH income: $29,841
• Composite: 10.16/100
• National rank: #9796
• State rank: #165 of 174 in GA

Livability — Dublin

• Score: 62/100
• State rank: #322
• US rank: #17202

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Dublin, GA
• County: Laurens County · 28,190 people
• City population: 28,190
• Metro: Dublin, GA
• Population (ZIP): 28,190
• Household income: $55,697
• Rent vs Own: 44.7% rent · 55.3% own
• Severe rent burden: 1279.0

Population outlook (Laurens County) Hauer SSP2

• Today (2025): 45,685 people
• By 2030: 44,056 · -3.6%
• By 2040: 40,270 · -11.9%
• By 2050: 36,094 · -21.0%
• By 2075: 26,275 · -42.5%
• By 2100: 17,160 · -62.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (51%)
• Race & ethnicity: White 51% Black 45% Asian 1%
• Common ancestry: Italian 1% Serbian 1%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · Other Indo-European 1% Spanish 1%

Political lean MEDSL · Laurens

• 2024 margin: Solid R (+32.7) · D 33.5% · R 66.2%
• 2008→2024 swing: -11.2pp toward R · 2008: -21.5pp · 2024: -32.7pp
• All cycles: 2024: R+32.7 2020: R+28.2 2016: R+29.1 2012: R+22.7 2008: R+21.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -42.86%
• Current HPI: 186.3422
• Rent YoY: ▲ 1.45%
• Metro: Dublin, 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

+113.7% since first listed

3 events — show timeline

• 2026-05-04 Price Changed $169,900 GAMLS
• 2026-04-03 Listed $184,900 GAMLS
• 2016-07-22 Sold (Public Records) $79,500 Public Records

Property tax history

+3.1%/yr

Latest (2025): $222 · -4.3% YoY. Source: county tax records.