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2218 Buckingham Dr
D Composite 42.78
Why this score? — see what drove the D 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 +13.9/30.0
  • ARV discount +12.2/15.0
  • DSCR +4.2/10.0
  • 1% rule +3.7/10.0
  • 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

$152,500

2218 Buckingham Dr · Augusta-Richmond County consolidated government (balance), GA 30906
3 bd · 1.5 ba · 1,060 sqft · SingleFamily public records · 41 Days on market
Built 1977 0.36 ac lot $144/sqft · at area comps Est $170k · 10% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

PRICED TO SELL!!! Back on the market at no fault of sellers!GREAT COZY FAMILY HOME with POOL! OPEN FLOORPLAN! Quiet Neighborhood! Ready for new owners to move in! LOTS of UPDATES! Remodeled kitchen, all appliances are 2 years old! Completely Remodeled bathrooms with waterproof vinyl plank flooring! Roof is 3 years old, new HOT water heater installed 2020, Vinyl siding is 4 years old, driveway redone in 2020! Large fenced backyard with large deck perfect for entertaining! Don't miss out, this one won't last long! Conveniently located to Bobby Jones Expressway, Fort Gordon and downtown Medical District!

Key facts

  • Open floor plan
  • Ranch style home
  • Modern kitchen

Tags

RANCH STYLE HOMEOPEN FLOOR PLANMODERN KITCHENSTAINLESS STEEL APPLIANCESPRIVATE EN SUITE BATHROOMLARGE FLAT FENCED BACKYARD

Property features AI

Finance

  • Other: Zoning: R2
  • HOA & community: Street lights

Exterior

  • Parking: Concrete parking pad
  • Security: Security system; Smoke detector(s)
  • Utilities: Public water; Public sewer; Cable available
  • Home design: Single family residence; One story; Entry level: 1
  • Construction: Vinyl siding; Composition roof; Crawl space / no basement; Built with additional details in remarks
  • Exterior features: Covered patio/porch; Deck; Privacy fencing / fenced yard; Outbuilding; Has view

Interior

  • Kitchen: Refrigerator; Range; Dishwasher; Microwave
  • Bedrooms: 5 total rooms (includes bedrooms and living areas)
  • Flooring: Carpet; Laminate
  • Bathrooms: 1 full bathroom; 1 half bathroom
  • Heating & cooling: Central air conditioning; Forced air heating (natural gas)
  • Interior features: Walk-in closet(s); Window coverings; Security system; Smoke detector(s)
  • Laundry & utility: Washer hookup; Gas 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/1.5-bath single-family listed at $152k.

Deal economics

  • At list price, monthly cash flow is $16 ($195/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 $133k (12.6% below list).
  • Recommended offer: $133k (12.6% below list) — sets the bar for 1% rule.
  • Cap rate 6.4% vs local median 5.3% in Augusta-Richmond County consolidated government (balance) — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

  • Location reads: area grade D — 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: Richmond Hill K-8 (math 4% / reading 10%, grade F, #1,152 of 1,228 statewide, top 94%, 1,174 students, 98% FRL); Butler High School (math 2% / reading 2%, grade F, #421 of 424 statewide, top 100%, 837 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); 369 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 62% 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 35% 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

  • It's been on market 41 days — a 3% lower offer ($148k) is reasonable based on typical stale-listing flexibility.
  • 5 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.
  • Current owner paid $129k; 18% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Climate carrying-cost: major wind risk, 66% 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 $133,270 (12.6% below list)

Questions for the listing agent

  1. It's been on market 41 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
  2. Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  5. 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.
  6. 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.
  7. 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
0.87%
Cap rate
6.42%
Cash-on-cash
0.46%
DSCR
1.02
GRM
9.5

CMA / ARV

ARV (median comp)
$170,183
List price
$152,500
Delta
-10.39%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 4 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2327 Rutherford Ave 0.21mi 3/2.0 1,074 (+1%) 6mo $165,000 $154 81
3418 Lucie St 0.19mi 3/1.0 1,000 (-6%) 2mo $80,000 $80 78
3613 Concord Ct 0.34mi 2/1.5 (-1) 1,153 (+9%) 9mo $156,000 $135 57
2226 Albemarle Dr 0.53mi 3/1.5 1,156 (+9%) 24mo $164,900 $143 41

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
-18.9%
Equity multiple
0.35×
Total profit
$-27,573
Equity at exit
$22,738
10-year hold
IRR
-19.0%
Equity multiple
0.12×
Total profit
$-37,734
Equity at exit
$13,185

Cash invested: $42,700 (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
369
Price-to-rent
9.5×

Monthly cashflow live

Estimated rent
$1,333 high interval (Pro) →
Mortgage (P&I)
$800
Tax from tax record
$173 /mo · $2,080/yr
Insurance
$64
HOA
$0
Vacancy / Maint / Mgmt
$280
Net cashflow
$16

Break-even live

Break-even rent $1,312
Max offer price $152,500
Occupancy floor 94%

Sensitivity live

Price -10% $103 -5% $59 +0% $16 +5% $-27 +10% $-70
Rent -10% $-89 -5% $-36 +0% $16 +5% $69 +10% $122
Rate -1.0pp $93 -0.5pp $55 base $16 +0.5pp $-23 +1.0pp $-63

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
$38,125
Closing costs
$4,575
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 16 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1017 Caddenwoods Dr Augusta, GA 3.0 2.0 1496 $1,430 $0.96 45d 1 0.33mi
2442 Winston Way Augusta, GA 2.0 1.0 852 $1,050 $1.23 25d 1 0.43mi
2104 Julius Dr Augusta, GA 2.0 2.0 1128 $1,200 $1.06 23d 1 0.51mi
2242 Winston Way Augusta, GA 3.0 1.5 1292 $1,050 $0.81 45d 1 0.57mi
2242 Winston Way Augusta, GA 3.0 1.5 1292 $1,050 $0.81 25d 1 0.57mi
3517 Byron Pl Augusta, GA 3.0 2.0 1300 $1,350 $1.04 45d 1 0.69mi
2111 Cadden Rd Augusta, GA 3.0 1.0 1100 $1,150 $1.05 45d 1 1.05mi
3444 Murphy Ct Augusta, GA 3.0 1.0 1332 $1,349 $1.01 45d 1 1.08mi
3504 Osage Ct Augusta, GA 4.0 1.5 1425 $1,556 $1.09 15d 1 1.24mi
2006 Denmark Dr Augusta, GA 3.0 1.0 1033 $1,100 $1.06 46d 1 1.24mi
2006 Denmark Dr Augusta, GA 3.0 1.0 1033 $1,100 $1.06 45d 1 1.24mi
3528 Woodlake Rd Hephzibah, GA 3.0 2.0 1276 $1,400 $1.10 15d 1 1.31mi
3721 Colbert St Augusta, GA 4.0 2.0 1302 $1,400 $1.08 45d 1 1.41mi
2438 Lumpkin Rd Augusta, GA 3.0 1.0 864 $1,500 $1.74 25d 1 1.44mi
2808 Nighthawk Dr Augusta, GA 3.0 2.0 1314 $1,450 $1.10 45d 1 1.45mi
2910 Richmond Hill Rd Augusta, GA 2.0 1.0 1000 $900 $0.90 45d 3 1.49mi

Listing history 27 events

  1. 2026-06-21
    days on market $152,500 Active 41 DOM
  2. 2026-06-18
    days on market $152,500 Active 38 DOM
  3. 2026-06-17
    days on market $152,500 Active 37 DOM
  4. 2026-06-16
    days on market $152,500 Active 36 DOM
  5. 2026-06-15
    days on market $152,500 Active 35 DOM
  6. 2026-06-14
    pricedays on market $152,500 Active 33 DOM
  7. 2026-06-10
    days on market $155,000 Active 30 DOM
  8. 2026-06-09
    days on market $155,000 Active 29 DOM
  9. 2026-06-08
    days on market $155,000 Active 28 DOM
  10. 2026-06-07
    days on market $155,000 Active 27 DOM
  11. 2026-06-03
    days on market $155,000 Active 23 DOM
  12. 2026-06-02
    days on market $155,000 Active 22 DOM
  13. 2026-06-01
    days on market $155,000 Active 21 DOM
  14. 2026-05-31
    days on market $155,000 Active 20 DOM
  15. 2026-05-30
    days on market $155,000 Active 19 DOM
  16. 2026-05-05
    status Active
  17. 2026-05-05
    price $160,000
  18. 2026-03-25
    status Pending
  19. 2026-03-25
    historical
  20. 2026-03-06
    listed $155,000 Active
  21. 2026-03-06
    listed $160,000 Active 827-char remark
  22. 2021-05-14
    soldstatus $129,000
  23. 2021-04-09
    soldstatus $129,000
    Show marketing remark (612 chars)

    PRICED TO SELL!!! Back on the market at no fault of sellers!GREAT COZY FAMILY HOME with POOL! OPEN FLOORPLAN! Quiet Neighborhood! Ready for new owners to move in! LOTS of UPDATES! Remodeled kitchen, all appliances are 2 years old! Completely Remodeled bathrooms with waterproof vinyl plank flooring! Roof is 3 years old, new HOT water heater installed 2020, Vinyl siding is 4 years old, driveway redone in 2020! Large fenced backyard with large deck perfect for entertaining! Don't miss out, this one won't last long! Conveniently located to Bobby Jones Expressway, Fort Gordon and downtown Medical District!

  24. 2021-04-09
    soldstatus $129,000
    Show marketing remark (612 chars)

    PRICED TO SELL!!! Back on the market at no fault of sellers!GREAT COZY FAMILY HOME with POOL! OPEN FLOORPLAN! Quiet Neighborhood! Ready for new owners to move in! LOTS of UPDATES! Remodeled kitchen, all appliances are 2 years old! Completely Remodeled bathrooms with waterproof vinyl plank flooring! Roof is 3 years old, new HOT water heater installed 2020, Vinyl siding is 4 years old, driveway redone in 2020! Large fenced backyard with large deck perfect for entertaining! Don't miss out, this one won't last long! Conveniently located to Bobby Jones Expressway, Fort Gordon and downtown Medical District!

  25. 2020-12-28
    listed $134,900
    Show marketing remark (612 chars)

    PRICED TO SELL!!! Back on the market at no fault of sellers!GREAT COZY FAMILY HOME with POOL! OPEN FLOORPLAN! Quiet Neighborhood! Ready for new owners to move in! LOTS of UPDATES! Remodeled kitchen, all appliances are 2 years old! Completely Remodeled bathrooms with waterproof vinyl plank flooring! Roof is 3 years old, new HOT water heater installed 2020, Vinyl siding is 4 years old, driveway redone in 2020! Large fenced backyard with large deck perfect for entertaining! Don't miss out, this one won't last long! Conveniently located to Bobby Jones Expressway, Fort Gordon and downtown Medical District!

  26. 2020-12-28
    listed $134,900
    Show marketing remark (612 chars)

    PRICED TO SELL!!! Back on the market at no fault of sellers!GREAT COZY FAMILY HOME with POOL! OPEN FLOORPLAN! Quiet Neighborhood! Ready for new owners to move in! LOTS of UPDATES! Remodeled kitchen, all appliances are 2 years old! Completely Remodeled bathrooms with waterproof vinyl plank flooring! Roof is 3 years old, new HOT water heater installed 2020, Vinyl siding is 4 years old, driveway redone in 2020! Large fenced backyard with large deck perfect for entertaining! Don't miss out, this one won't last long! Conveniently located to Bobby Jones Expressway, Fort Gordon and downtown Medical District!

  27. 1987-04-01
    soldstatus $51,000

ⓘ 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
$2,080 · $173/mo
Projected year-2 tax
$2,080 · $173/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 ≥107°F today · 17 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 66% 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

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$15,992
− Mortgage interest
−$8,542
− Property taxes
−$2,080
− Insurance
−$762
− Repairs & maintenance
−$1,279
− Management
−$1,279
− Depreciation
−$4,436
Taxable loss
−$2,388
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$573
After-tax cash flow
$768/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

+199.0% since first listed
14 events — show timeline
  • 2026-06-11 Price Changed $152,500 Hive MLS
  • 2026-05-21 Price Changed $155,000 Hive MLS
  • 2026-05-05 Relisted Hive MLS
  • 2026-05-05 Price Changed $160,000 Hive MLS
  • 2026-03-25 Pending Hive MLS
  • 2026-03-25 Listing Removed Hive MLS
  • 2026-03-06 Listed $155,000 Hive MLS
  • 2026-03-06 Listed $160,000 Hive MLS
  • 2021-05-14 Sold (Public Records) $129,000 Public Records
  • 2021-04-09 Sold (MLS) $129,000 Hive MLS
  • 2021-04-09 Sold (MLS) $129,000 Hive MLS
  • 2020-12-28 Listed $134,900 Hive MLS
  • 2020-12-28 Listed $134,900 Hive MLS
  • 1987-04-01 Sold (Public Records) $51,000 Public Records

Property tax history

+5.4%/yr

Latest (2025): $2,080 · +6.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…