705 W 14th Ave · Cordele, GA 31015

$125,000

3 bd · 1.0 ba · 1,680 sqft · SingleFamily public records · 73 Days on market

Built 1950 0.25 ac lot $74/sqft · 25% above area Est $100k · 25% over

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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 +26.0/30.0
• DSCR +8.7/10.0
• 1% rule +6.0/10.0
• Livability +2.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this beautifully renovated 4-bedroom, 2-bath home in the heart of Cordele! This move-in ready property offers the perfect blend of space, comfort, and affordability-ideal for homeowners or investors alike. The seller has thoughtfully updated the home, including the addition of a second full bathroom, adding both convenience and value. Inside, you'll find spacious bedrooms, a functional layout, and a bright, inviting atmosphere throughout. Enjoy added privacy with a fully fenced yard, perfect for entertaining, pets, or relaxing outdoors. Even better-all appliances are included, making this an easy, turnkey opportunity for the next owner. Whether you're a first-time buyer or looking for an affordable investment property, this home checks all the boxes! Affordable, updated, and move-in ready-schedule your showing today before it's gone!

Key facts

• 0.25 acre lot
• Built 1950
• Listed 72 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $311 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $125k).
• Recommended offer: $118k (6.0% below list) — sets the bar for market timing.
• Cap rate 9.3% vs local median 4.1% in Cordele — 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 53/100 on livability (#556 in GA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+; Watch: schools F, crime F, amenities F.
• Crisp County (rural): math 20% / reading 21% proficiency, ranked #143 of 174 in GA (top 82%) — 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: 166 active listings in the ZIP; 21 units permitted in Crisp County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Crisp County population projected at -22% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 73 days — a 6% lower offer ($118k) is reasonable based on typical stale-listing flexibility.
• 7 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: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 80% 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 $117,500 (6.0% below list)

Questions for the listing agent

1. It's been on market 73 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 1950 — 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 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?
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: 1.10% ✓
• Cap rate: 9.28%
• Cash-on-cash: 10.66%
• DSCR: 1.47
• GRM: 7.6

CMA / ARV

• ARV (median comp): $100,211
• List price: $125,000
• Delta: 24.74%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
715 E 17th Ave	0.23mi	4/2.0 (+1)	1,736 (+3%)	1mo	$70,000	$40	74
801 E 18th Ave	0.33mi	3/2.0	1,723 (+3%)	8mo	$85,000	$49	70
711 E 18th Ave	0.30mi	3/2.0	1,737 (+3%)	19mo	$166,000	$96	60
305 S 12th St	0.15mi	3/1.5	1,908 (+14%)	11mo	$12,500	$7	59
312 E 17th Ave	0.39mi	3/1.5	1,446 (-14%)	5mo	$36,000	$25	53
312 E 5 Ave	0.75mi	3/2.0	1,847 (+10%)	19mo	$42,500	$23	29

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: -0.4%
• Equity multiple: 0.99×
• Total profit: $-477
• Equity at exit: $18,638

10-year hold

• IRR: 9.3%
• Equity multiple: 1.71×
• Total profit: $24,963
• Equity at exit: $10,808

Cash invested: $35,000 (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 31015

• Home prices YoY: -24.1%
• Active inventory: 166
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $1,378 medium
• Mortgage (P&I): −$656
• Tax from tax record: −$70 /mo · $843/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$289
• Net cashflow: $311

Break-even live

Break-even rent $985

Max offer price $125,000

Occupancy floor 72%

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Listing history 29 events

1. 2026-06-18
   days on market $125,000 Active 73 DOM
2. 2026-06-17
   days on market $125,000 Active 72 DOM
3. 2026-06-16
   days on market $125,000 Active 71 DOM
4. 2026-06-15
   days on market $125,000 Active 70 DOM
5. 2026-06-13
   days on market $125,000 Active 68 DOM
6. 2026-06-12
   days on market $125,000 Active 67 DOM
7. 2026-06-09
   days on market $125,000 Active 64 DOM
8. 2026-06-08
   days on market $125,000 Active 63 DOM
9. 2026-06-07
   days on market $125,000 Active 62 DOM
10. 2026-06-07
    days on market $125,000 Active 61 DOM
11. 2026-06-04
    days on market $125,000 Active 58 DOM
12. 2026-06-02
    days on market $125,000 Active 57 DOM
13. 2026-06-01
    days on market $125,000 Active 56 DOM
14. 2026-05-31
    days on market $125,000 Active 55 DOM
15. 2026-05-31
    days on market $125,000 Active 54 DOM
16. 2026-04-07
    listed $125,000 New 866-char remark

    Show marketing remark (866 chars)

    Welcome to this beautifully renovated 4-bedroom, 2-bath home in the heart of Cordele! This move-in ready property offers the perfect blend of space, comfort, and affordability-ideal for homeowners or investors alike. The seller has thoughtfully updated the home, including the addition of a second full bathroom, adding both convenience and value. Inside, you'll find spacious bedrooms, a functional layout, and a bright, inviting atmosphere throughout. Enjoy added privacy with a fully fenced yard, perfect for entertaining, pets, or relaxing outdoors. Even better-all appliances are included, making this an easy, turnkey opportunity for the next owner. Whether you're a first-time buyer or looking for an affordable investment property, this home checks all the boxes! Affordable, updated, and move-in ready-schedule your showing today before it's gone!

17. 2026-04-06
    historical $125,000 866-char remark

    Show marketing remark (866 chars)

    Welcome to this beautifully renovated 4-bedroom, 2-bath home in the heart of Cordele! This move-in ready property offers the perfect blend of space, comfort, and affordability-ideal for homeowners or investors alike. The seller has thoughtfully updated the home, including the addition of a second full bathroom, adding both convenience and value. Inside, you'll find spacious bedrooms, a functional layout, and a bright, inviting atmosphere throughout. Enjoy added privacy with a fully fenced yard, perfect for entertaining, pets, or relaxing outdoors. Even better-all appliances are included, making this an easy, turnkey opportunity for the next owner. Whether you're a first-time buyer or looking for an affordable investment property, this home checks all the boxes! Affordable, updated, and move-in ready-schedule your showing today before it's gone!

18. 2026-03-05
    historical
19. 2026-02-01
    listed $110,000 Active
20. 2026-01-12
    listed $110,000 New
21. 2026-01-09
    historical
22. 2026-01-05
    status Back On Market
23. 2026-01-05
    historical
24. 2025-12-31
    historical
25. 2025-08-18
    listed $115,999 New
26. 2025-08-18
    historical
27. 2025-07-03
    price $105,000
28. 2025-04-12
    listed $115,999 Active
29. 2025-03-27
    listed $115,999 New

ⓘ 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: $843 · $70/mo
• Projected year-2 tax: $1,150 · $96/mo
• Expected delta: +$307/yr (+$26/mo · 36.5%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 19 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,540
• − Mortgage interest: −$7,002
• − Property taxes: −$843
• − Insurance: −$625
• − Repairs & maintenance: −$1,323
• − Management: −$1,323
• − Depreciation: −$3,636
• Taxable income: $1,787
• Est. tax owed @ 24.0%: −$429
• After-tax cash flow: $3,303/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: Crisp County
• NCES district ID: 1301560
• Math proficiency: 20% ▼ -10.00%
• Reading proficiency: 21% ▼ -7.00%
• Median HH income: $32,681
• Composite: 16.68/100
• National rank: #9168
• State rank: #143 of 174 in GA

Livability — Cordele

• Score: 53/100
• State rank: #556
• US rank: #24483

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Cordele, GA
• Population (ZIP): 18,615

Population outlook (Crisp County) Hauer SSP2

• Today (2025): 21,484 people
• By 2030: 20,594 · -4.1%
• By 2040: 18,691 · -13.0%
• By 2050: 16,769 · -21.9%
• By 2075: 12,329 · -42.6%
• By 2100: 8,591 · -60.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.55)
• Race & ethnicity: Black 48% White 47% Hispanic / Latino 3% Two or more races 2%
• Common ancestry: Slovak 2% Italian 1% Serbian 1%
• Foreign-born: 1% · Canada, China
• Languages at home: 97% English-only · Spanish 2%

Political lean MEDSL · Crisp

• 2024 margin: Strong R (+25.9) · D 36.9% · R 62.8%
• 2008→2024 swing: -8.2pp toward R · 2008: -17.7pp · 2024: -25.9pp
• All cycles: 2024: R+25.9 2020: R+24.9 2016: R+22.7 2012: R+13.8 2008: R+17.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -57.99%
• Current HPI: 182.3676
• 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

+7.8% since first listed

14 events — show timeline

• 2026-04-07 Listed $125,000 GAMLS
• 2026-04-06 Coming Soon $125,000 GAMLS
• 2026-03-05 Listing Removed — GAMLS
• 2026-02-01 Listed $110,000 CABOR
• 2026-01-12 Listed $110,000 GAMLS
• 2026-01-09 Coming Soon — GAMLS
• 2026-01-05 Relisted — GAMLS
• 2026-01-05 Listing Removed — GAMLS
• 2025-12-31 Listing Removed — GAMLS
• 2025-08-18 Listing Removed — GAMLS
• 2025-08-18 Listed $115,999 GAMLS
• 2025-07-03 Price Changed $105,000 GAMLS
• 2025-04-12 Listed $115,999 CABOR
• 2025-03-27 Listed $115,999 GAMLS

Property tax history

+1.6%/yr

Latest (2025): $843 · +76.8% YoY. Source: county tax records.