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1908 Bobolink Ave
B+ Composite 75.63
Why this score? — see what drove the B+ 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 +30.0/30.0
  • ARV discount +15.0/15.0
  • DSCR +10.0/10.0
  • 1% rule +7.9/10.0
  • Livability +3.6/5.0
  • Rent growth +3.5/5.0
  • Schools +3.2/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$165,000

1908 Bobolink Ave · North Augusta, SC 29841
4 bd · 1.5 ba · 1,386 sqft · SingleFamily public records · 3 Days on market
Built 1953 0.30 ac lot Est $229k · 28% under

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

Listing remarks MLS

Built in 1953, this classic brick ranch home in Lynnhurst is ready for renovations to bring it back to the solid family home of its past. On the main level are three bedrooms with hardwood floors, one bath, and formal living and dining rooms. Also a den with fireplace adjoining the kitchen. Lower level contains a family room and bedroom with laundry room and bathroom in need of renovations. This area is a walkout basement that overlooks a pool that needs a liner, with pump that was working before the liner got damaged. Also contains an unfinished workshop area under the house. New roof 2025. Great investor property in a great location in North Augusta. Convenient to schools and shopping.

Key facts

  • Walkout basement
  • Overlooks a pool
  • Brick ranch home

Tags

BRICK RANCH HOMEHARDWOOD FLOORSFORMAL LIVING AND DINING ROOMSDEN WITH FIREPLACEWALKOUT BASEMENTOVERLOOKS A POOL

Property features AI

Finance

  • HOA & community: No association amenities

Exterior

  • Parking: Attached parking (paved); Carport (1 space)
  • Utilities: Public water; Public sewer; Natural gas connected; Sewer connected; Water connected; Cable available
  • Home design: Single-family residence; One story; Entry level: 1
  • Construction: Brick and frame construction; Composition roof; Block foundation; Built as a residential single-family home
  • Exterior features: Front porch; Partial fencing; In-ground pool; Corner lot; Gentle sloping lot; Has view

Interior

  • Kitchen: Electric range; Dishwasher; Disposal; Refrigerator
  • Flooring: Carpet; Hardwood; Vinyl; Ceramic tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Forced air heating (natural gas); Central air; Attic fan; Whole house fan
  • Interior features: Entrance foyer; Built-in features; Pantry; Ceiling fans; Window coverings
  • Laundry & utility: Washer hookup; Washer included; Dryer included; Laundry in basement; 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 4-bed/1.5-bath single-family listed at $165k.

Deal economics

  • At list price, monthly cash flow is $718 ($9k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $165k).
  • Cap rate 11.5% vs local median 3.9% in North Augusta — 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 71/100 on livability (#56 in SC) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: health & safety C-, amenities F, commute F.
  • Aiken 01 (suburban): math 31% / reading 44% proficiency, ranked #36 of 80 in SC (top 45%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Hammond Hill Elementary (math 51% / reading 48%, grade D, #168 of 597 statewide, top 31%, 677 students, 26% FRL); Paul Knox Middle (math 32% / reading 43%, grade F, #90 of 229 statewide, top 42%, 683 students, 48% FRL); North Augusta High (math 51% / reading 86%, grade B, #68 of 196 statewide, top 35%, 1,719 students, 42% FRL) — zoned schools average 39% FRL vs 54% district-wide (15 pts lower); this property's tenant base skews higher-income than the district average.
  • Zoned-school proficiency averages 52% at this address vs 38% district-wide (+14 pts) — the actual schools serving this property are materially stronger than the Aiken 01 average implies; a family-tenant draw the district grade alone would hide.
  • Market conditions: Rents rising (+3.9%/yr); 361 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 2,500 units permitted in Aiken County in 2024 (1,023 in 5+ unit buildings).
  • This rent runs 36% of the median local income ($72k/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.
  • Aiken County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (-3.0% appreciation + 3.9% rent growth), your $46k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

  • Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
  • 2 sale attempts 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

  • Watch-outs: built in 1953 — expect roof / HVAC / electrical / plumbing capex.
  • 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 $165,000

Questions for the listing agent

  1. Built in 1953 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  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
1.29%
Cap rate
11.51%
Cash-on-cash
18.64%
DSCR
1.83
GRM
6.5

CMA / ARV

ARV (on-the-fly)
$228,690
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
415 Deepwood Pl 0.25mi 3/2.0 (-1) 1,377 (-1%) 9mo $248,500 $180 72
1825 Hidden Hills Dr 0.32mi 3/2.5 (-1) 1,382 (-0%) 9mo $179,000 $130 68
1941 Bunting Dr 0.13mi 3/1.5 (-1) 1,222 (-12%) 1mo $190,000 $155 68
510 Tanager Rd 0.10mi 4/1.5 1,584 (+14%) 5mo $193,000 $122 67
1926 Robin Rd 0.25mi 3/2.0 (-1) 1,492 (+8%) 2mo $235,000 $158 67
2111 Vireo Dr 0.37mi 4/2.0 1,246 (-10%) 5mo $205,000 $165 60
1806 Lowe St 0.39mi 3/2.0 (-1) 1,248 (-10%) 4mo $285,000 $228 55
2110 Vireo Dr 0.36mi 4/2.0 1,586 (+14%) 6mo $273,000 $172 52
1717 Plank Rd 0.51mi 3/2.0 (-1) 1,260 (-9%) 5mo $260,000 $206 50
1747 Plank Rd 0.52mi 3/2.0 (-1) 1,248 (-10%) 6mo $259,900 $208 47
1004 Hammond Dr 0.69mi 3/2.0 (-1) 1,504 (+8%) 6mo $224,900 $150 42
1703 Marion Ave 0.61mi 3/1.0 (-1) 1,191 (-14%) 9mo $140,000 $118 34

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 · 3.94% rent growth · sell at horizon

5-year hold
IRR
11.3%
Equity multiple
1.45×
Total profit
$20,933
Equity at exit
$24,602
10-year hold
IRR
21.0%
Equity multiple
2.85×
Total profit
$85,285
Equity at exit
$14,266

Cash invested: $46,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
90 Strongly Landlord-Friendly
State South Carolina
90 Strongly Landlord-Friendly · R+6
County
— inherits STATE
City
— inherits STATE
5-day notice; preempted; landlord-favorable.

ZIP-level market 29841

Rents YoY
3.9%
Active inventory
361
Price-to-rent
6.5×

Monthly cashflow live

Estimated rent
$2,129 medium interval (Pro) →
Mortgage (P&I)
$865
Tax from tax record
$30 /mo · $364/yr
Insurance
$69
HOA
$0
Vacancy / Maint / Mgmt
$447
Net cashflow
$718

Break-even live

Break-even rent $1,221
Max offer price $165,000
Occupancy floor 61%

Sensitivity live

Price -10% $811 -5% $764 +0% $718 +5% $671 +10% $624
Rent -10% $550 -5% $634 +0% $718 +5% $802 +10% $886
Rate -1.0pp $801 -0.5pp $760 base $718 +0.5pp $675 +1.0pp $631

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
$41,250
Closing costs
$4,950
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 4 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
166 Hampton Wills Dr North Augusta, SC 3.0 2.5 1663 $1,925 $1.16 24d 1 0.85mi
822 W Woodlawn Ave North Augusta, SC 4.0 2.0 1742 $2,900 $1.66 21d 1 0.87mi
418 Lecompte Ave North Augusta, SC 4.0 2.0 1456 $2,000 $1.37 21d 1 0.99mi
735 Old Edgefield Rd North Augusta, SC 3.0 1.5 1150 $1,450 $1.26 14d 1 1.48mi

Listing history 4 events

  1. 2026-05-22
    status Pending
    Show marketing remark (697 chars)

    Built in 1953, this classic brick ranch home in Lynnhurst is ready for renovations to bring it back to the solid family home of its past. On the main level are three bedrooms with hardwood floors, one bath, and formal living and dining rooms. Also a den with fireplace adjoining the kitchen. Lower level contains a family room and bedroom with laundry room and bathroom in need of renovations. This area is a walkout basement that overlooks a pool that needs a liner, with pump that was working before the liner got damaged. Also contains an unfinished workshop area under the house. New roof 2025. Great investor property in a great location in North Augusta. Convenient to schools and shopping.

  2. 2026-05-22
    status Pending 697-char remark
    Show marketing remark (697 chars)

    Built in 1953, this classic brick ranch home in Lynnhurst is ready for renovations to bring it back to the solid family home of its past. On the main level are three bedrooms with hardwood floors, one bath, and formal living and dining rooms. Also a den with fireplace adjoining the kitchen. Lower level contains a family room and bedroom with laundry room and bathroom in need of renovations. This area is a walkout basement that overlooks a pool that needs a liner, with pump that was working before the liner got damaged. Also contains an unfinished workshop area under the house. New roof 2025. Great investor property in a great location in North Augusta. Convenient to schools and shopping.

  3. 2026-05-18
    listed $165,000 Active 697-char remark
    Show marketing remark (697 chars)

    Built in 1953, this classic brick ranch home in Lynnhurst is ready for renovations to bring it back to the solid family home of its past. On the main level are three bedrooms with hardwood floors, one bath, and formal living and dining rooms. Also a den with fireplace adjoining the kitchen. Lower level contains a family room and bedroom with laundry room and bathroom in need of renovations. This area is a walkout basement that overlooks a pool that needs a liner, with pump that was working before the liner got damaged. Also contains an unfinished workshop area under the house. New roof 2025. Great investor property in a great location in North Augusta. Convenient to schools and shopping.

  4. 2026-05-18
    listed $165,000 Active
    Show marketing remark (697 chars)

    Built in 1953, this classic brick ranch home in Lynnhurst is ready for renovations to bring it back to the solid family home of its past. On the main level are three bedrooms with hardwood floors, one bath, and formal living and dining rooms. Also a den with fireplace adjoining the kitchen. Lower level contains a family room and bedroom with laundry room and bathroom in need of renovations. This area is a walkout basement that overlooks a pool that needs a liner, with pump that was working before the liner got damaged. Also contains an unfinished workshop area under the house. New roof 2025. Great investor property in a great location in North Augusta. Convenient to schools and shopping.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast SC · Resets to sale price

Current annual tax
$364 · $30/mo
Projected year-2 tax
$940 · $78/mo
Expected delta
+$576/yr (+$48/mo · 158.0%)

ⓘ 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 1/10 Low
  • 🌡 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 4/10 Moderate 4 unhealthy d/yr today · 4 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
$25,552
− Mortgage interest
−$9,243
− Property taxes
−$364
− Insurance
−$825
− Repairs & maintenance
−$2,044
− Management
−$2,044
− Depreciation
−$4,800
Taxable income
$6,231
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,496
After-tax cash flow
$7,117/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
Aiken 01
NCES district ID
4500720
Math proficiency
31% ▼ -11.00%
Reading proficiency
44% ▼ -1.00%
Median HH income
$45,081
Composite
31.91/100
National rank
#5857
State rank
#36 of 80 in SC

Livability — North Augusta

Score
71/100
State rank
#56
US rank
#7190

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment B- Housing A+ Health & safety C- User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
North Augusta, SC
County
Aiken County · 116,534 people
City population
50,543
Metro
Augusta-Richmond County, GA-SC
Population (ZIP)
32,342
Household income
$71,606
Rent vs Own
29.8% rent · 70.2% own
Severe rent burden
870.0

Population outlook (Aiken County) Hauer SSP2

Today (2025)
178,003 people
By 2030
182,876 · +2.7%
By 2040
189,970 · +6.7%
By 2050
193,840 · +8.9%
By 2075
199,453 · +12.1%
By 2100
192,403 · +8.1%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (71%)
Race & ethnicity
White 71% Black 17% Hispanic / Latino 7% Two or more races 7%
Hispanic origin (detail)
Puerto Rican 2%
Common ancestry
Italian 3% Lithuanian 3% Serbian 2%
Foreign-born
3% · Canada, Guatemala, Jamaica
Languages at home
93% English-only · Spanish 5% French/Haitian/Cajun 1% Other Asian/Pacific 1%

Political lean MEDSL · Aiken

2024 margin
Strong R (+25.9) · D 36.4% · R 62.2% · Other 1.4%
2008→2024 swing
-1.9pp toward R · 2008: -24.0pp · 2024: -25.9pp
All cycles
2024: R+25.9 2020: R+22.7 2016: R+27.5 2012: R+26.0 2008: R+24.0

Not yet ingested

Civics

Market trends

HPI YoY
▼ -180.37%
Current HPI
237.1442
Rent YoY
▲ 3.94%
Metro
Augusta-Richmond County, GA-SC
State GDP YoY
▲ 4.51%
F500 in state
2

Industry mix (Fortune 500 HQ in SC)

Industry F500 HQs Revenue

Price history

+0.0% since first listed
4 events — show timeline
  • 2026-05-22 Pending Hive MLS
  • 2026-05-22 Pending AMLS
  • 2026-05-18 Listed $165,000 AMLS
  • 2026-05-18 Listed $165,000 Hive MLS

Property tax history

+4.2%/yr

Latest (2025): $364 · +2.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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