2902 Rasha Dr · Augusta-Richmond County consolidated government (balance), GA 30906

$139,900

3 bd · 2.0 ba · 1,265 sqft · SingleFamily public records · 44 Days on market

Built 2000 7,840 sqft lot $111/sqft · 17% below area Est $169k · 17% 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 +18.3/30.0
• ARV discount +15.0/15.0
• DSCR +5.8/10.0
• 1% rule +5.0/10.0
• 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

WELL MAINTAINED BRICK HOME! FENCED BACK YARD, CORNER FIREPLACE IN DEN, 1 YEAR AMERICAN HOME SHIELD WARRANTY TO BUYER.

Key facts

• All brick ranch
• Level lot
• Cozy fireplace

Tags

• ALL BRICK RANCH
• LEVEL LOT
• OPEN LIVING AND DINING AREA
• COZY FIREPLACE
• PRIVATE RETREAT
• FULLY FENCED BACKYARD

Property features AI

Finance

• HOA & community: No HOA

Exterior

• Parking: Open parking with a parking pad
• Utilities: Public water; Public sewer; Other utilities
• Home design: Single-family residence; House; Resale property; Built in 2000
• Construction: Brick and vinyl siding exterior; Composition roof; Slab foundation
• Exterior features: Level lot

Interior

• Kitchen: Dishwasher; Refrigerator
• Bedrooms: Three bedrooms on the main level
• Flooring: Carpet; Vinyl
• Bathrooms: Two full bathrooms on the main level
• Heating & cooling: Central heating; Central air conditioning
• Interior features: One-level layout; Fireplace in the family room; Other interior features
• Laundry & utility: Laundry area (other)

What this means for you Summary

Snapshot

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

Deal economics

• At list price, monthly cash flow is $129 ($2k/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 7.4% 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: Glenn Hills Elementary School (math 2% / reading 8%, grade F, #1,160 of 1,228 statewide, top 98%, 393 students, 98% FRL); Glenn Hills Middle School (math 2% / reading 6%, grade F, #467 of 470 statewide, top 99%, 762 students, 98% FRL); Glenn Hills High School (math 2% / reading 2%, grade F, #421 of 424 statewide, top 100%, 883 students, 98% FRL) — zoned schools average 98% FRL vs 72% district-wide (26 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 4% at this address vs 16% district-wide (-12 pts) — the specific schools serving this property underperform the Richmond County average; the district grade overstates school quality for this exact location.
• Market conditions: Rents soft (-0.2%/yr); 364 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 561 units permitted in Richmond County in 2024 (0 in 5+ unit buildings).
• This rent runs 37% 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 $967 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 44 days — a 3% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 23y 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, 68% 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 $135,703 (3.0% below list)

Questions for the listing agent

1. It's been on market 44 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: 1.00% ✓
• Cap rate: 7.40%
• Cash-on-cash: 3.95%
• DSCR: 1.18
• GRM: 8.3

CMA / ARV

• ARV (median comp): $169,167
• List price: $139,900
• Delta: -17.30%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2896 Rasha Dr	0.03mi	3/2.0	1,212 (-4%)	2mo	$184,000	$152	90
2606 Audusson Ct	0.24mi	3/1.5	1,300 (+3%)	8mo	$102,000	$78	75
3621 Mount View Dr. Dr	0.54mi	3/2.0	1,310 (+4%)	8mo	$170,000	$130	62
2512 Drayton Dr	0.61mi	3/2.0	1,300 (+3%)	11mo	$169,000	$130	58
3042 Johnny Ct	0.65mi	3/1.5	1,344 (+6%)	3mo	$165,000	$123	55
2617 Dublin Dr	0.64mi	3/2.0	1,200 (-5%)	8mo	$180,000	$150	55
2608 Dublin Dr	0.58mi	4/2.0 (+1)	1,300 (+3%)	10mo	$175,000	$135	55
3412 S Kensington Dr	0.74mi	3/2.0	1,225 (-3%)	8mo	$130,000	$106	53
2507 Drayton Dr	0.64mi	3/1.5	1,300 (+3%)	12mo	$157,900	$121	53
3049 Libby Drive Dr	0.62mi	3/1.5	1,203 (-5%)	11mo	$149,900	$125	52
3703 Stockholm Dr	0.71mi	4/2.0 (+1)	1,340 (+6%)	2mo	$180,000	$134	51
3014 Libby Drive Dr	0.71mi	3/1.5	1,136 (-10%)	8mo	$152,000	$134	42

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: -13.6%
• Equity multiple: 0.53×
• Total profit: $-18,528
• Equity at exit: $20,860

10-year hold

• IRR: -10.4%
• Equity multiple: 0.46×
• Total profit: $-21,297
• 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 30906

• Home prices YoY: -21.6%
• Rents YoY: -0.2%
• Active inventory: 364
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $1,400 high
• Mortgage (P&I): −$734
• Tax from tax record: −$185 /mo · $2,220/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$294
• Net cashflow: $129

Break-even live

Break-even rent $1,237

Max offer price $139,900

Occupancy floor 86%

Sensitivity live

Price	-10% $208	-5% $169	+0% $129	+5% $89	+10% $50
Rent	-10% $18	-5% $74	+0% $129	+5% $184	+10% $240
Rate	-1.0pp $199	-0.5pp $165	base $129	+0.5pp $93	+1.0pp $56

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 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2708 Blossom Dr Unit B Augusta, GA	2.0	1.5	896	$950	$1.06	44d	1	0.12mi
2524 Drayton Dr Augusta, GA	3.0	2.0	1404	$1,700	$1.21	44d	1	0.53mi
2631 Drayton Dr Augusta, GA	3.0	2.0	1404	$1,430	$1.02	14d	1	0.60mi
3200 Deans Bridge Rd Augusta, GA	1.0–4.0	1.0–1.5	1075	$970	$0.90	24d	6	0.60mi
2609 Dublin Dr Augusta, GA	3.0	2.0	1400	$1,395	$1.00	14d	1	0.61mi
2941 Rollingwood Dr Augusta, GA	3.0	2.0	1297	$1,750	$1.35	24d	1	0.70mi
3412 Kensington Dr N Augusta, GA	3.0	2.0	1225	$1,350	$1.10	24d	1	0.74mi
3001 Alene Ct Augusta, GA	4.0	2.0	1288	$1,631	$1.27	24d	1	0.75mi
3613 Alene Cir Augusta, GA	3.0	2.0	1260	$1,325	$1.05	14d	1	0.80mi
2914 Cumberland Dr Augusta, GA	4.0	1.5	1650	$1,400	$0.85	22d	1	0.85mi
2813 Leawood Ct Hephzibah, GA	3.0	2.0	1377	$1,250	$0.91	44d	1	1.12mi
2830 Lumpkin Rd Unit A Augusta, GA	3.0	1.5	1000	$900	$0.90	24d	1	1.17mi
3320 Hillis Rd Augusta, GA	4.0	3.0	1788	$1,850	$1.03	14d	1	1.18mi
3519 Evangeline Dr Augusta, GA	4.0	1.5	1800	$1,595	$0.89	44d	1	1.24mi
3504 Osage Ct Augusta, GA	4.0	1.5	1425	$1,556	$1.09	14d	1	1.42mi
2338 Helsinki Dr Augusta, GA	3.0	1.5	1025	$1,245	$1.21	24d	1	1.44mi
2808 Nighthawk Dr Augusta, GA	3.0	2.0	1314	$1,450	$1.10	44d	1	1.45mi
2612 Lumpkin Rd Augusta, GA	3.0	1.5	1614	$1,450	$0.90	44d	1	1.46mi

Listing history 30 events

1. 2026-06-14
   statusdays on market $139,900 Under Contract 44 DOM
2. 2026-06-10
   days on market $139,900 Active 43 DOM
3. 2026-06-09
   days on market $139,900 Active 42 DOM
4. 2026-06-08
   days on market $139,900 Active 41 DOM
5. 2026-06-07
   days on market $139,900 Active 40 DOM
6. 2026-06-03
   days on market $139,900 Active 36 DOM
7. 2026-06-02
   days on market $139,900 Active 35 DOM
8. 2026-06-01
   days on market $139,900 Active 34 DOM
9. 2026-05-31
   days on market $139,900 Active 33 DOM
10. 2026-05-30
    days on market $139,900 Active 32 DOM
11. 2026-04-28
    listed $139,900 New 674-char remark
12. 2026-02-13
    price $78,800 117-char remark

    Show marketing remark (117 chars)

    WELL MAINTAINED BRICK HOME! FENCED BACK YARD, CORNER FIREPLACE IN DEN, 1 YEAR AMERICAN HOME SHIELD WARRANTY TO BUYER.

13. 2023-01-26
    historical 117-char remark

    Show marketing remark (117 chars)

    WELL MAINTAINED BRICK HOME! FENCED BACK YARD, CORNER FIREPLACE IN DEN, 1 YEAR AMERICAN HOME SHIELD WARRANTY TO BUYER.

14. 2022-07-26
    soldstatus $361,800
15. 2021-11-19
    listed $188,900 117-char remark

    Show marketing remark (117 chars)

    WELL MAINTAINED BRICK HOME! FENCED BACK YARD, CORNER FIREPLACE IN DEN, 1 YEAR AMERICAN HOME SHIELD WARRANTY TO BUYER.

16. 2012-04-12
    soldstatus $35,000

    Show marketing remark (830 chars)

    Lots of potential! Easy drive to Bobby Jones Expressway, and just minutes from Fort Gordon. Total-Electric brick ranch-style home situated on an approx . 18 acre level lot with fenced back yard. Covered front porch and rear patio. Inside has open dining room and living room with fireplace, kitchen, plus 3 bedrooms and 2 full bathrooms. Great opportunity for improvements on this home, both inside and out, and priced right for the handyman, investor, or anyone who wants to invest a little vision and TLC! Could be a nice starter home, or investment potential as a rental. NOTE: This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down. This property is approved for HomePath Renovation Mortgage Financing! The Seller has directed that all offers on this listing should be made online in HomePath.

17. 2012-04-12
    soldstatus $35,000

    Show marketing remark (830 chars)

    Lots of potential! Easy drive to Bobby Jones Expressway, and just minutes from Fort Gordon. Total-Electric brick ranch-style home situated on an approx . 18 acre level lot with fenced back yard. Covered front porch and rear patio. Inside has open dining room and living room with fireplace, kitchen, plus 3 bedrooms and 2 full bathrooms. Great opportunity for improvements on this home, both inside and out, and priced right for the handyman, investor, or anyone who wants to invest a little vision and TLC! Could be a nice starter home, or investment potential as a rental. NOTE: This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down. This property is approved for HomePath Renovation Mortgage Financing! The Seller has directed that all offers on this listing should be made online in HomePath.

18. 2012-03-05
    listed $39,900

    Show marketing remark (830 chars)

    Lots of potential! Easy drive to Bobby Jones Expressway, and just minutes from Fort Gordon. Total-Electric brick ranch-style home situated on an approx . 18 acre level lot with fenced back yard. Covered front porch and rear patio. Inside has open dining room and living room with fireplace, kitchen, plus 3 bedrooms and 2 full bathrooms. Great opportunity for improvements on this home, both inside and out, and priced right for the handyman, investor, or anyone who wants to invest a little vision and TLC! Could be a nice starter home, or investment potential as a rental. NOTE: This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down. This property is approved for HomePath Renovation Mortgage Financing! The Seller has directed that all offers on this listing should be made online in HomePath.

19. 2012-03-05
    listed $39,900

    Show marketing remark (830 chars)

    Lots of potential! Easy drive to Bobby Jones Expressway, and just minutes from Fort Gordon. Total-Electric brick ranch-style home situated on an approx . 18 acre level lot with fenced back yard. Covered front porch and rear patio. Inside has open dining room and living room with fireplace, kitchen, plus 3 bedrooms and 2 full bathrooms. Great opportunity for improvements on this home, both inside and out, and priced right for the handyman, investor, or anyone who wants to invest a little vision and TLC! Could be a nice starter home, or investment potential as a rental. NOTE: This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down. This property is approved for HomePath Renovation Mortgage Financing! The Seller has directed that all offers on this listing should be made online in HomePath.

20. 2011-06-13
    soldstatus $79,860
21. 2007-01-19
    soldstatus $85,900
22. 2006-01-17
    soldstatus $75,900
23. 2006-01-13
    soldstatus $75,900 Closed 117-char remark

    Show marketing remark (117 chars)

    WELL MAINTAINED BRICK HOME! FENCED BACK YARD, CORNER FIREPLACE IN DEN, 1 YEAR AMERICAN HOME SHIELD WARRANTY TO BUYER.

24. 2006-01-13
    soldstatus $75,900

    Show marketing remark (117 chars)

    WELL MAINTAINED BRICK HOME! FENCED BACK YARD, CORNER FIREPLACE IN DEN, 1 YEAR AMERICAN HOME SHIELD WARRANTY TO BUYER.

25. 2005-08-30
    listed $78,800
26. 2003-05-13
    soldstatus $72,000
27. 2003-05-13
    soldstatus $72,000
28. 2003-05-13
    soldstatus $72,000
29. 2003-01-26
    listed $79,900
30. 2003-01-26
    listed $79,900

ⓘ 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: $2,220 · $185/mo
• Projected year-2 tax: $2,220 · $185/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 68% 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: $16,799
• − Mortgage interest: −$7,837
• − Property taxes: −$2,220
• − Insurance: −$700
• − Repairs & maintenance: −$1,344
• − Management: −$1,344
• − Depreciation: −$4,070
• Taxable loss: −$714
• Est. tax savings @ 24.0%: +$171
• After-tax cash flow: $1,720/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

+75.1% since first listed

21 events — show timeline

• 2026-06-11 Pending — GAMLS
• 2026-04-28 Listed $139,900 GAMLS
• 2026-02-13 Price Changed $78,800 Hive MLS
• 2023-01-26 Listing Removed — Hive MLS
• 2022-07-26 Sold (Public Records) $361,800 Public Records
• 2021-11-19 Listed $188,900 Hive MLS
• 2012-04-12 Sold (MLS) $35,000 Hive MLS
• 2012-04-12 Sold (MLS) $35,000 Hive MLS
• 2012-03-05 Listed $39,900 Hive MLS
• 2012-03-05 Listed $39,900 Hive MLS
• 2011-06-13 Sold (Public Records) $79,860 Public Records
• 2007-01-19 Sold (Public Records) $85,900 Public Records
• 2006-01-17 Sold (Public Records) $75,900 Public Records
• 2006-01-13 Sold (MLS) $75,900 Hive MLS
• 2006-01-13 Sold (MLS) $75,900 Hive MLS
• 2005-08-30 Listed $78,800 Hive MLS
• 2003-05-13 Sold (Public Records) $72,000 Public Records
• 2003-05-13 Sold (MLS) $72,000 Hive MLS
• 2003-05-13 Sold (MLS) $72,000 Hive MLS
• 2003-01-26 Listed $79,900 Hive MLS
• 2003-01-26 Listed $79,900 Hive MLS

Property tax history

+3.7%/yr

Latest (2025): $2,220 · +26.2% YoY. Source: county tax records.