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783 Done Roven Rd
C+ Composite 64.11
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 +25.9/30.0
  • ARV discount +15.0/15.0
  • DSCR +8.7/10.0
  • 1% rule +5.7/10.0
  • 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

$140,000

783 Done Roven Rd · Augusta-Richmond County consolidated government (balance), GA 30906
3 bd · 2.0 ba · 1,344 sqft · Other · 38 Days on market
Built 2016 2.25 ac lot $104/sqft · 31% below area Est $204k · 31% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

LOCATION LOCATION LOCATION!!! Enjoy country setting close to town! This 3 bedroom 2 bath doublewide nestled on 2.25 acres awaits you!The possibilities are endless with this move in ready home! With easy access to both Waynesboro and Augusta, prime location for SRS, Plant Vogel and more!! NO HOA!!!

Key facts

  • Easy access
  • Move in ready
  • Prime location

Tags

MOVE IN READYEASY ACCESSPRIME LOCATIONNO HOA

Property features AI

Finance

  • Other: Lot approx. 2.25 acres; Zoned R; Subdivision: Pioneer Estates; Directions available

Exterior

  • Parking: Unpaved parking
  • Utilities: Public water; Septic tank sewer; No utilities listed (other)
  • Home design: Manufactured home; Single-story (one level); Entry level: 1; Residential property
  • Construction: Vinyl siding; Block foundation; Shingle/composition roof; See remarks for additional construction details
  • Exterior features: Front porch; Has a view; Paved road access

Interior

  • Kitchen: Refrigerator; Dishwasher; Electric range
  • Flooring: Carpet; Vinyl
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Electric forced-air heating; Central air conditioning
  • Interior features: Refrigerator; Dishwasher; Electric range; Electric water heater; Carpet flooring; Vinyl flooring; No basement; Total of 7 rooms
  • Laundry & utility: Electric water heater

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath other listed at $140k.

Deal economics

  • At list price, monthly cash flow is $346 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $140k).
  • Recommended offer: $136k (3.0% below list) — sets the bar for market timing.
  • Cap rate 9.3% 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: Mcbean Elementary School (math 17% / reading 22%, grade F, #878 of 1,228 statewide, top 75%, 371 students, 98% FRL); Pine Hill Middle School (math 5% / reading 19%, grade F, #417 of 470 statewide, top 90%, 582 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); 364 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 561 units permitted in Richmond County in 2024 (0 in 5+ unit buildings).
  • This rent runs 39% 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 $968 of loan paydown is wiped out by about $4k 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

  • It's been on market 38 days — a 3% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 2y 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.
  • Current owner paid $10k; list at $140k implies a 1233% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: major wind risk, 78% 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 $135,800 (3.0% below list)

Questions for the listing agent

  1. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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.
  4. 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.
  5. 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
9.26%
Cash-on-cash
10.58%
DSCR
1.47
GRM
7.8

CMA / ARV

ARV (median comp)
$204,301
List price
$140,000
Delta
-31.47%
Verdict
UNDERPRICED
Comps
1 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-3.6%
Equity multiple
0.87×
Total profit
$-5,113
Equity at exit
$20,874
10-year hold
IRR
2.7%
Equity multiple
1.17×
Total profit
$6,719
Equity at exit
$12,105

Cash invested: $39,200 (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.

ZIP-level market 30906

Home prices YoY
-21.6%
Rents YoY
-0.2%
Active inventory
364
Price-to-rent
7.8×

Monthly cashflow live

Estimated rent
$1,496 medium interval (Pro) →
Mortgage (P&I)
$734
Tax from tax record
$44 /mo · $522/yr
Insurance
$58
HOA
$0
Vacancy / Maint / Mgmt
$314
Net cashflow
$346

Break-even live

Break-even rent $1,058
Max offer price $140,000
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
$35,000
Closing costs
$4,200
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
735 Bennock Mill Rd Augusta, GA 3.0 2.0 1056 $1,350 $1.28 21d 1 0.84mi

Listing history 20 events

  1. 2026-06-18
    days on market $140,000 Active 38 DOM
  2. 2026-06-17
    days on market $140,000 Active 37 DOM
  3. 2026-06-16
    days on market $140,000 Active 36 DOM
  4. 2026-06-15
    days on market $140,000 Active 35 DOM
  5. 2026-06-14
    days on market $140,000 Active 33 DOM
  6. 2026-06-10
    days on market $140,000 Active 30 DOM
  7. 2026-06-09
    days on market $140,000 Active 29 DOM
  8. 2026-06-08
    days on market $140,000 Active 28 DOM
  9. 2026-06-07
    days on market $140,000 Active 27 DOM
  10. 2026-06-03
    days on market $140,000 Active 23 DOM
  11. 2026-06-02
    days on market $140,000 Active 22 DOM
  12. 2026-06-01
    days on market $140,000 Active 21 DOM
  13. 2026-05-31
    days on market $140,000 Active 20 DOM
  14. 2026-05-30
    days on market $140,000 Active 19 DOM
  15. 2026-05-11
    listed $140,000 Active 298-char remark
  16. 2025-01-03
    historical
  17. 2025-01-03
    historical
  18. 2024-03-20
    listed $127,000
  19. 2024-03-20
    listed $127,000
  20. 2006-05-02
    soldstatus $10,500

ⓘ 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
$522 · $44/mo
Projected year-2 tax
$1,288 · $107/mo
Expected delta
+$766/yr (+$64/mo · 146.7%)

ⓘ 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 ≥107°F today · 17 d/yr by 30 yrs out
  • 💨 Wind 7/10 Severe 78% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$17,949
− Mortgage interest
−$7,842
− Property taxes
−$522
− Insurance
−$700
− Repairs & maintenance
−$1,436
− Management
−$1,436
− Depreciation
−$4,073
Taxable income
$1,941
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$466
After-tax cash flow
$3,682/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

Price history

+1233.3% since first listed
6 events — show timeline
  • 2026-05-11 Listed $140,000 Hive MLS
  • 2025-01-03 Listing Removed Hive MLS
  • 2025-01-03 Listing Removed Hive MLS
  • 2024-03-20 Listed $127,000 Hive MLS
  • 2024-03-20 Listed $127,000 Hive MLS
  • 2006-05-02 Sold (Public Records) $10,500 Public Records

Property tax history

+13.9%/yr

Latest (2025): $522 · +23.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…