3608 Sturnidae Dr · Augusta-Richmond County consolidated government (balance), GA 30906

$149,900

3 bd · 2.0 ba · 1,250 sqft · SingleFamily public records · 41 Days on market

Built 1974 0.28 ac lot $120/sqft · 7% below area Est $161k · 7% 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 +23.2/30.0
• ARV discount +10.7/15.0
• DSCR +7.4/10.0
• 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

3608 Sturnidae Drive offers a solid opportunity for homeowners or investors looking for a manageable property with important updates already in place. This 3-bedroom, 2-bath brick ranch, built in 1974, features approximately 1,250 square feet of living space on a large, flat lot. This home offers a traditional layout with a spacious great room featuring a fireplace. The primary bathroom has been recently updated with a new shower, sink, and plumbing—one of several improvements that add value. HVAC and roof are newer. The backyard is a large lot with a patio and plenty of room to expand, garden, or just enjoy the outdoor space. While the home could benefit from cosmetic updates, the structure is sound and ready for its next chapter. Located in Augusta with easy access to downtown, Fort Gordon, and I20. Schedule your tour today!

Key facts

• New plumbing
• Spacious great room
• New shower

Tags

• SPACIOUS GREAT ROOM
• RECENTLY UPDATED BATHROOM
• NEW SHOWER
• NEW SINK
• NEW PLUMBING
• NEWER HVAC

Property features AI

Finance

• HOA & community: Community street lights

Exterior

• Parking: Concrete parking
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One level
• Construction: Brick construction; Composition roof; Crawl space / no basement
• Exterior features: Patio; Fenced yard; Street lights in the community

Interior

• Kitchen: Includes refrigerator, dishwasher
• Bedrooms: 6 total rooms (bedroom count not specified)
• Flooring: Carpet; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central air; Ceiling fans; Fireplace(s)
• Interior features: Washer, Dryer, Refrigerator, Dishwasher; Smoke detector(s)
• Laundry & utility: Washer hookup; Washer and dryer included

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $270 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $145k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.5% 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: Meadowbrook Elementary School (math 12% / reading 12%, grade F, #1,041 of 1,228 statewide, top 87%, 497 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.
• Market conditions: Rents soft (-0.2%/yr); 369 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 42% 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 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 $1k 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 41 days — a 3% lower offer ($145k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $29k (16%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $26k; list at $150k implies a 477% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 72% 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 $145,403 (3.0% 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 3% concession, seller financing, or rate buy-down credit?
2. Built in 1974 — 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. 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.
5. 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.
6. 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: 8.46%
• Cash-on-cash: 7.73%
• DSCR: 1.34
• GRM: 8.3

CMA / ARV

• ARV (median comp): $161,420
• List price: $149,900
• Delta: 10.89%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3611 Sturnidae Dr	0.06mi	3/2.0	1,300 (+4%)	9mo	$150,000	$115	83
3531 Spring Glen Ln	0.60mi	3/2.0	1,286 (+3%)	2mo	$165,000	$128	66
3609 Lofwood Ct	0.62mi	3/2.0	1,273 (+2%)	7mo	$165,000	$130	62
3509 Kindling Dr	0.62mi	3/2.0	1,228 (-2%)	8mo	$152,000	$124	62
3426 S Kensington Dr	0.54mi	3/1.5	1,326 (+6%)	2mo	$89,000	$67	61
3481 Bullock Ave	0.71mi	3/2.0	1,288 (+3%)	2mo	$163,900	$127	61
3625 Meadowgrove Dr	0.74mi	3/1.5	1,260 (+1%)	3mo	$68,000	$54	60
2505 Blackstone St	0.72mi	3/1.5	1,250 (0%)	8mo	$140,000	$112	57
3623 Meadowgrove Dr	0.74mi	4/1.5 (+1)	1,260 (+1%)	6mo	$90,000	$71	52
2940 Dahlia Dr	0.63mi	3/2.0	1,431 (+14%)	2mo	$170,000	$119	45
2942 Dahlia Dr	0.63mi	4/2.0 (+1)	1,392 (+11%)	6mo	$174,000	$125	42
3617 Lofwood Dr	0.67mi	3/2.0	1,432 (+15%)	8mo	$166,000	$116	37

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: -7.7%
• Equity multiple: 0.73×
• Total profit: $-11,528
• Equity at exit: $22,351

10-year hold

• IRR: -2.0%
• Equity multiple: 0.88×
• Total profit: $-5,084
• Equity at exit: $12,961

Cash invested: $41,972 (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: 369
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $1,501 high
• Mortgage (P&I): −$786
• Tax from tax record: −$67 /mo · $804/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$315
• Net cashflow: $270

Break-even live

Break-even rent $1,159

Max offer price $149,900

Occupancy floor 77%

Sensitivity live

Price	-10% $355	-5% $313	+0% $270	+5% $228	+10% $185
Rent	-10% $152	-5% $211	+0% $270	+5% $330	+10% $389
Rate	-1.0pp $346	-0.5pp $308	base $270	+0.5pp $231	+1.0pp $192

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Rent comps 24 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2808 Nighthawk Dr Augusta, GA	3.0	2.0	1314	$1,450	$1.10	45d	1	0.13mi
3504 Osage Ct Augusta, GA	4.0	1.5	1425	$1,556	$1.09	15d	1	0.22mi
2707 Gardenbrook Ct Augusta, GA	3.0	2.0	1728	$1,606	$0.93	45d	1	0.28mi
3519 Evangeline Dr Augusta, GA	4.0	1.5	1800	$1,595	$0.89	45d	1	0.39mi
2914 Cumberland Dr Augusta, GA	4.0	1.5	1650	$1,400	$0.85	22d	1	0.57mi
3517 Byron Pl Augusta, GA	3.0	2.0	1300	$1,350	$1.04	45d	1	0.70mi
2941 Rollingwood Dr Augusta, GA	3.0	2.0	1297	$1,750	$1.35	25d	1	0.74mi
3613 Alene Cir Augusta, GA	3.0	2.0	1260	$1,325	$1.05	15d	1	0.83mi
3001 Alene Ct Augusta, GA	4.0	2.0	1288	$1,631	$1.27	25d	1	0.84mi
3528 Woodlake Rd Hephzibah, GA	3.0	2.0	1276	$1,400	$1.10	15d	1	0.85mi
3200 Deans Bridge Rd Augusta, GA	1.0–4.0	1.0–1.5	1075	$970	$0.90	25d	6	0.87mi
2813 Leawood Ct Hephzibah, GA	3.0	2.0	1377	$1,250	$0.91	45d	1	0.87mi
3412 Kensington Dr N Augusta, GA	3.0	2.0	1225	$1,350	$1.10	25d	1	0.91mi
2604 Edmonton Ct Hephzibah, GA	3.0	2.0	1343	$1,190	$0.89	15d	1	0.94mi
2704 Cranbrook Dr Hephzibah, GA	3.0	2.0	1377	$1,650	$1.20	45d	1	0.95mi
3320 Hillis Rd Augusta, GA	4.0	3.0	1788	$1,850	$1.03	15d	1	0.97mi
2727 Barclay St Hephzibah, GA	4.0	2.0	1430	$1,234	$0.86	45d	1	0.97mi
2104 Julius Dr Augusta, GA	2.0	2.0	1128	$1,200	$1.06	22d	1	1.03mi
3532 Edmonton St Hephzibah, GA	3.0	2.0	1377	$1,425	$1.03	25d	1	1.03mi
3532 Edmonton St Hephzibah, GA	3.0	2.0	1377	$1,425	$1.03	45d	1	1.03mi
2531 Crosscreek Rd Hephzibah, GA	3.0	2.0	1400	$1,400	$1.00	45d	1	1.05mi
2531 Crosscreek Rd Hephzibah, GA	3.0	2.0	1400	$1,400	$1.00	25d	1	1.05mi
2242 Winston Way Augusta, GA	3.0	1.5	1292	$1,050	$0.81	25d	1	1.22mi
2242 Winston Way Augusta, GA	3.0	1.5	1292	$1,050	$0.81	45d	1	1.22mi

Listing history 21 events

1. 2026-06-21
   days on market $149,900 Active 41 DOM
2. 2026-06-18
   days on market $149,900 Active 38 DOM
3. 2026-06-17
   days on market $149,900 Active 37 DOM
4. 2026-06-16
   days on market $149,900 Active 36 DOM
5. 2026-06-15
   days on market $149,900 Active 35 DOM
6. 2026-06-14
   pricedays on market $149,900 Active 33 DOM
7. 2026-06-10
   days on market $179,000 Active 30 DOM
8. 2026-06-09
   days on market $179,000 Active 29 DOM
9. 2026-06-09
   days on marketlisting id $179,000 Active 28 DOM
10. 2026-06-08
    days on market $179,000 Active 128 DOM
11. 2026-06-07
    days on market $179,000 Active 127 DOM
12. 2026-06-03
    days on market $179,000 Active 123 DOM
13. 2026-06-02
    days on market $179,000 Active 122 DOM
14. 2026-06-01
    days on market $179,000 Active 121 DOM
15. 2026-05-31
    days on market $179,000 Active 120 DOM
16. 2026-05-30
    days on market $179,000 Active 119 DOM
17. 2026-05-11
    historical
18. 2026-01-31
    listed $179,000 Active 844-char remark

    Show marketing remark (844 chars)

    3608 Sturnidae Drive offers a solid opportunity for homeowners or investors looking for a manageable property with important updates already in place. This 3-bedroom, 2-bath brick ranch, built in 1974, features approximately 1,250 square feet of living space on a large, flat lot. This home offers a traditional layout with a spacious great room featuring a fireplace. The primary bathroom has been recently updated with a new shower, sink, and plumbing—one of several improvements that add value. HVAC and roof are newer. The backyard is a large lot with a patio and plenty of room to expand, garden, or just enjoy the outdoor space. While the home could benefit from cosmetic updates, the structure is sound and ready for its next chapter. Located in Augusta with easy access to downtown, Fort Gordon, and I20. Schedule your tour today!

19. 2026-01-30
    listed $179,000 Active
20. 2026-01-30
    listed $179,000 Active
21. 1974-12-01
    soldstatus $26,000

ⓘ 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: $804 · $67/mo
• Projected year-2 tax: $1,379 · $115/mo
• Expected delta: +$575/yr (+$48/mo · 71.6%)

ⓘ 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 72% 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: $18,012
• − Mortgage interest: −$8,397
• − Property taxes: −$804
• − Insurance: −$750
• − Repairs & maintenance: −$1,441
• − Management: −$1,441
• − Depreciation: −$4,361
• Taxable income: $819
• Est. tax owed @ 24.0%: −$197
• After-tax cash flow: $3,046/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

+476.5% since first listed

7 events — show timeline

• 2026-06-11 Price Changed $149,900 Hive MLS
• 2026-06-11 Price Changed $149,900 AMLS
• 2026-05-11 Listing Removed — Hive MLS
• 2026-01-31 Listed $179,000 AMLS
• 2026-01-30 Listed $179,000 Hive MLS
• 2026-01-30 Listed $179,000 Hive MLS
• 1974-12-01 Sold (Public Records) $26,000 Public Records

Property tax history

+3.3%/yr

Latest (2025): $804 · +7.0% YoY. Source: county tax records.