4327 Parkwood Dr · Augusta-Richmond County consolidated government (balance), GA 30906

$154,900

3 bd · 2.0 ba · 1,530 sqft · SingleFamily public records · 1 Days on market

Built 1987 0.37 ac lot Est $223k · 31% 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 +21.4/30.0
• ARV discount +15.0/15.0
• DSCR +6.8/10.0
• 1% rule +5.6/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

3 bedroom 2 bath Brick ranch with fully fenced rear yard. Interior features and eat-in kitchen, formal dinning room and living room with brick fireplace. Owners suite with private bath and large closet. Kitchen walks out to back deck.

Key facts

• Covered front porch
• Rear deck
• Fenced backyard

Tags

• COVERED FRONT PORCH
• FENCED BACKYARD
• REAR DECK
• ABUNDANT CABINET STORAGE
• STAINLESS STEEL APPLIANCES
• PRIVATE EN SUITE BATHROOM

Property features AI

Finance

• HOA & community: Street lights in the community; Subdivision: Woodvalley Estates

Exterior

• Parking: 2 parking spaces total; 2-car garage; Concrete parking pad
• Utilities: Public water; Public sewer; Sewer and water connected
• Home design: Single-family residence; One story; Entry level: 1
• Construction: Block, concrete and brick construction; Composition roof; Slab foundation; Built as single-family residence
• Exterior features: Covered patio/porch areas including front and rear porch; Deck; Fenced yard; Landscaped lot; Has a view

Interior

• Kitchen: Refrigerator; Dishwasher; Electric range; Vented exhaust fan
• Flooring: Carpet; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central air conditioning; Electric heating; Forced air; Natural gas heating
• Interior features: Eat-in kitchen; 6 total rooms

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $155k.

Deal economics

• At list price, monthly cash flow is $231 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $155k).
• Cap rate 8.1% vs local median 5.3% in Augusta-Richmond County consolidated government (balance) — 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: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Richmond County (urban): math 12% / reading 20% proficiency, ranked #154 of 174 in GA (top 88%) — 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.
• Zoned schools: Hephzibah Elementary School (math 12% / reading 17%, grade F, #996 of 1,228 statewide, top 83%, 375 students, 98% FRL); Hephzibah Middle School (math 12% / reading 21%, grade F, #388 of 470 statewide, top 83%, 517 students, 98% FRL) — zoned schools average 98% FRL vs 72% district-wide (26 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents soft (-0.2%/yr); 367 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% of comp listings sitting > 30 days — soft ceiling on asking rent; 561 units permitted in Richmond County in 2024 (0 in 5+ unit buildings).
• This rent runs 43% of the median local income ($46k/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 $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Richmond County population projected to shrink 5% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 10y 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: major wind risk, 70% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $154,900

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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.
3. 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.
4. 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: 1.06% ✓
• Cap rate: 8.08%
• Cash-on-cash: 6.39%
• DSCR: 1.28
• GRM: 7.9

CMA / ARV

• ARV (on-the-fly): $223,380
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2348 Fieldcrest Rd	0.26mi	3/2.0	1,450 (-5%)	3mo	$224,000	$154	77
4004 Crest Ct	0.23mi	3/2.0	1,473 (-4%)	13mo	$205,000	$139	72
4204 Field Ct	0.10mi	4/2.0 (+1)	1,410 (-8%)	8mo	$195,000	$138	70
4220 Beckmont Dr	0.47mi	3/2.0	1,514 (-1%)	9mo	$215,000	$142	69
4304 Parkwood Dr	0.18mi	4/2.0 (+1)	1,699 (+11%)	3mo	$199,900	$118	66
3808 Southfield Dr	0.40mi	4/2.0 (+1)	1,559 (+2%)	12mo	$215,000	$138	63
2339 Basswood Dr	0.28mi	3/2.0	1,350 (-12%)	6mo	$199,900	$148	62
2373 Richwood Dr	0.25mi	3/2.0	1,318 (-14%)	9mo	$205,000	$156	58
4211 Beckmont Dr	0.54mi	3/2.0	1,428 (-7%)	11mo	$235,000	$165	55
2325 Moncrieff St	0.64mi	3/2.0	1,436 (-6%)	7mo	$209,900	$146	54
2403 W Quail Court Ct	0.59mi	3/1.5	1,440 (-6%)	13mo	$85,000	$59	50
4310 Sanderling Dr	0.70mi	3/2.0	1,637 (+7%)	7mo	$239,900	$147	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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -9.9%
• Equity multiple: 0.65×
• Total profit: $-15,170
• Equity at exit: $23,096

10-year hold

• IRR: -5.2%
• Equity multiple: 0.71×
• Total profit: $-12,741
• Equity at exit: $13,393

Cash invested: $43,372 (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 30906

• Home prices YoY: -21.6%
• Rents YoY: -0.2%
• Active inventory: 367
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $1,639 high
• Mortgage (P&I): −$812
• Tax from tax record: −$187 /mo · $2,241/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$344
• Net cashflow: $231

Break-even live

Break-even rent $1,346

Max offer price $154,900

Occupancy floor 81%

Sensitivity live

Price	-10% $319	-5% $275	+0% $231	+5% $187	+10% $143
Rent	-10% $102	-5% $166	+0% $231	+5% $296	+10% $360
Rate	-1.0pp $309	-0.5pp $270	base $231	+0.5pp $191	+1.0pp $150

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: $38,725
• Closing costs: $4,647
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2302 Woodsman Dr Augusta, GA	3.0	2.0	1436	$1,475	$1.03	24d	1	0.16mi
2401 Boykin Rd Hephzibah, GA	3.0	2.5	1644	$1,600	$0.97	45d	1	0.71mi
4416 Hatteras Dr Augusta, GA	3.0	2.0	1436	$1,600	$1.11	15d	1	0.81mi
4235 Cap Chat St Hephzibah, GA	3.0	2.0	1300	$1,651	$1.27	45d	1	1.01mi
4438 Windsor Spring Rd Hephzibah, GA	4.0	2.0	1653	$1,900	$1.15	45d	1	1.11mi
2933 Easton Dr Hephzibah, GA	4.0	2.5	2038	$2,200	$1.08	45d	1	1.48mi

Listing history 14 events

1. 2026-05-21
   listed $154,900 Active
2. 2026-04-26
   historical $1,706
3. 2026-04-24
   listed $1,706
4. 2025-04-11
   historical $1,695
5. 2025-04-05
   listed $1,695
6. 2019-12-31
   soldstatus $17,554,800
7. 2018-09-18
   soldstatus $7,643,100
8. 2017-09-25
   soldstatus $600,900
9. 2017-02-24
   soldstatus $48,500
10. 2017-02-15
    soldstatus $48,500 235-char remark

    Show marketing remark (235 chars)

    3 bedroom 2 bath Brick ranch with fully fenced rear yard. Interior features and eat-in kitchen, formal dinning room and living room with brick fireplace. Owners suite with private bath and large closet. Kitchen walks out to back deck.

11. 2017-02-15
    soldstatus $48,500 235-char remark

    Show marketing remark (235 chars)

    3 bedroom 2 bath Brick ranch with fully fenced rear yard. Interior features and eat-in kitchen, formal dinning room and living room with brick fireplace. Owners suite with private bath and large closet. Kitchen walks out to back deck.

12. 2016-12-01
    listed $49,900 235-char remark

    Show marketing remark (235 chars)

    3 bedroom 2 bath Brick ranch with fully fenced rear yard. Interior features and eat-in kitchen, formal dinning room and living room with brick fireplace. Owners suite with private bath and large closet. Kitchen walks out to back deck.

13. 2016-12-01
    listed $49,900 235-char remark

    Show marketing remark (235 chars)

    3 bedroom 2 bath Brick ranch with fully fenced rear yard. Interior features and eat-in kitchen, formal dinning room and living room with brick fireplace. Owners suite with private bath and large closet. Kitchen walks out to back deck.

14. 1988-05-01
    soldstatus $61,900

ⓘ 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: $2,241 · $187/mo
• Projected year-2 tax: $2,241 · $187/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 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥106°F today · 17 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 70% 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: $19,664
• − Mortgage interest: −$8,677
• − Property taxes: −$2,241
• − Insurance: −$774
• − Repairs & maintenance: −$1,573
• − Management: −$1,573
• − Depreciation: −$4,506
• Taxable income: $320
• Est. tax owed @ 24.0%: −$77
• After-tax cash flow: $2,695/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: Richmond County
• NCES district ID: 1304380
• Math proficiency: 12% ▼ -9.00%
• Reading proficiency: 20% ▼ -6.00%
• Median HH income: $38,069
• Composite: 13.43/100
• National rank: #9524
• State rank: #154 of 174 in GA

Livability — Augusta-Richmond County consolidated government (balance)

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Augusta-Richmond County consolidated government (balance), GA
• County: Richmond County · 190,917 people
• City population: 154,035
• Metro: Augusta-Richmond County, GA-SC
• Population (ZIP): 60,423
• Household income: $45,999
• Rent vs Own: 46.5% rent · 53.5% own
• Severe rent burden: 3363.0

Population outlook (Richmond County) Hauer SSP2

• Today (2025): 200,753 people
• By 2030: 200,232 · -0.3%
• By 2040: 196,813 · -2.0%
• By 2050: 190,347 · -5.2%
• By 2075: 172,496 · -14.1%
• By 2100: 146,284 · -27.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority Black (64%)
• Race & ethnicity: Black 64% White 27% Two or more races 5% Hispanic / Latino 5%
• Common ancestry: Lithuanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Spanish 3% German/W. Germanic 1%

Political lean MEDSL · Richmond

• 2024 margin: Solid D (+36.1) · D 67.8% · R 31.7%
• 2008→2024 swing: +4.3pp toward D · 2008: 31.8pp · 2024: 36.1pp
• All cycles: 2024: D+36.1 2020: D+37.2 2016: D+32.4 2012: D+33.8 2008: D+31.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -58.99%
• Current HPI: 213.5733
• Rent YoY: ▼ -0.25%
• Metro: Augusta-Richmond County, GA-SC
• 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

+150.2% since first listed

15 events — show timeline

• 2026-05-22 Pending — Hive MLS
• 2026-05-21 Listed $154,900 Hive MLS
• 2026-04-26 Rental Removed $1,706 RENTLY
• 2026-04-24 Listed for Rent $1,706 RENTLY
• 2025-04-11 Rental Removed $1,695 RENTLY
• 2025-04-05 Listed for Rent $1,695 RENTLY
• 2019-12-31 Sold (Public Records) $17,554,800 Public Records
• 2018-09-18 Sold (Public Records) $7,643,100 Public Records
• 2017-09-25 Sold (Public Records) $600,900 Public Records
• 2017-02-24 Sold (Public Records) $48,500 Public Records
• 2017-02-15 Sold (MLS) $48,500 Hive MLS
• 2017-02-15 Sold (MLS) $48,500 Hive MLS
• 2016-12-01 Listed $49,900 Hive MLS
• 2016-12-01 Listed $49,900 Hive MLS
• 1988-05-01 Sold (Public Records) $61,900 Public Records

Property tax history

+5.9%/yr

Latest (2025): $2,241 · +3.5% YoY. Source: county tax records.