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3892 Wendell St
C Composite 58.96
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 +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Livability +2.5/5.0
  • Rent growth +2.3/5.0
  • Condition / age +2.2/5.0
  • Schools +1.3/10.0
  • ARV discount +0.5/15.0
  • Appreciation +0.0/10.0

$70,000

3892 Wendell St · Augusta-Richmond County consolidated government (balance), GA 30815
None bd · None ba · 1,378 sqft · SingleFamily · 10 Days on market
Built 1968 Fair condition 0.46 ac lot Est $61k · 15% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Plant your roots in Hephzibah with this fixer-upper full of potential and country charm. 3892 Wendall St is the kind of property cash buyers and investors are always looking for -- a 2bedroom, 1 bath mobile home with approximately 1,300 square feet, mature landscaping, and a great location with room to make it your own. The huge workshop is a standout feature with a bay perfect for oil changes, projects, storage, or your next side hustle. Peaceful country setting, endless possibilities, and sold as-is. Bring your vision and your toolbox.

Key facts

  • Huge workshop
  • Mature landscaping
  • 0.46 acre lot

Tags

MATURE LANDSCAPINGHUGE WORKSHOPPEACEFUL COUNTRY SETTING

Property features AI

Exterior

  • Parking: Carport
  • Security: Smoke detector(s)
  • Utilities: Public water; Public sewer; Electricity available; Cable available; Phone available; Water available; Sewer available
  • Home design: Single-family residence; One story
  • Construction: Aluminum siding; Block foundation; Shingle roof; Built on a level, landscaped lot
  • Exterior features: Porch; Deck; Fenced yard; Outbuilding

Interior

  • Kitchen: Range; Refrigerator
  • Bedrooms: Total rooms: 4
  • Flooring: Laminate
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Has heating (other); Ceiling fan(s) for cooling
  • Interior features: Ceiling fans; Walk-in closet(s); Kitchen island; Pantry
  • Laundry & utility: Washer hookup; Electric dryer hookup

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 single-family listed at $70k. Condition is rated fair.

Deal economics

  • At list price, monthly cash flow is $1k ($13k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $70k).
  • Cap rate 24.9% 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.
  • Market conditions: Rents soft (-0.7%/yr); 359 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 23d 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 34% of the median local income ($70k/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 $484 of loan paydown is wiped out by about $2k 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.
  • At projected returns (-3.0% appreciation + 0.0% rent growth), your $20k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • Only 10 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

  • Climate carrying-cost: major wind risk, 69% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $70,000

Questions for the listing agent

  1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  2. Built in 1968 — 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
2.84%
Cap rate
24.90%
Cash-on-cash
66.45%
DSCR
3.96
GRM
2.9

CMA / ARV

ARV (on-the-fly)
$60,632
Comps found
1
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2945 Willis Foreman Rd 0.59mi 3/2.0 1,472 (+7%) 0mo $65,000 $44 61

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
62.3%
Equity multiple
3.65×
Total profit
$51,996
Equity at exit
$10,437
10-year hold
IRR
65.8%
Equity multiple
6.71×
Total profit
$111,918
Equity at exit
$6,052

Cash invested: $19,600 (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 30815

Home prices YoY
-24.2%
Rents YoY
-0.7%
Active inventory
359
Price-to-rent
2.9×

Monthly cashflow live

Estimated rent
$1,986 medium interval (Pro) →
Mortgage (P&I)
$367
Tax est. 1.5%
$88 /mo · $1,050/yr
Insurance
$29
HOA
$0
Vacancy / Maint / Mgmt
$417
Net cashflow
$1,085

Break-even live

Break-even rent $612
Max offer price $70,000
Occupancy floor 40%

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
$17,500
Closing costs
$2,100
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
3881 Crest Dr Hephzibah, GA 3.0 2.0 1400 $1,595 $1.14 13d 1 1.17mi
3883 Crest Dr Hephzibah, GA 3.0 2.0 1380 $3,600 $2.61 13d 1 1.18mi
3032 Tobacco Rd Hephzibah, GA 2.0 1.0 960 $1,315 $1.37 23d 1 1.29mi
3013 Heron Ct Hephzibah, GA 3.0 2.0 1477 $1,785 $1.21 23d 1 1.37mi

Listing history 15 events

  1. 2026-06-18
    days on market $70,000 Active 10 DOM
  2. 2026-06-17
    days on market $70,000 Active 9 DOM
  3. 2026-06-16
    days on market $70,000 Active 8 DOM
  4. 2026-06-15
    days on market $70,000 Active 7 DOM
  5. 2026-06-14
    days on market $70,000 Active 5 DOM
  6. 2026-06-10
    days on market $70,000 Active 2 DOM
  7. 2026-06-09
    days on marketlisting id $70,000 Active 1 DOM
  8. 2026-06-08
    pricedays on market $70,000 Active 11 DOM
  9. 2026-06-07
    days on market $80,000 Active 10 DOM
  10. 2026-06-03
    days on market $80,000 Active 6 DOM
  11. 2026-06-02
    days on market $80,000 Active 5 DOM
  12. 2026-06-01
    days on market $80,000 Active 4 DOM
  13. 2026-05-31
    days on market $80,000 Active 3 DOM
  14. 2026-05-30
    days on market $80,000 Active 2 DOM
  15. 2026-05-28
    listed $80,000 Active

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

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 7/10 Severe 7 d/yr ≥107°F today · 17 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 69% 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
$23,835
− Mortgage interest
−$3,921
− Property taxes
−$1,050
− Insurance
−$350
− Repairs & maintenance
−$1,907
− Management
−$1,907
− Depreciation
−$2,036
Taxable income
$12,664
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$3,039
After-tax cash flow
$9,985/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.

Condition & rehab AI · 12 photos

Fair 45/100 Moderate rehab

This fixer-upper mobile home requires moderate renovations to improve its condition and increase its value. Key areas for improvement include the kitchen, interior walls, and exterior siding.

Repairs flagged

  • Moderate kitchen cabinets — Worn and dated
  • Moderate kitchen appliances — Dated and worn
  • Moderate interior walls — Worn ceiling tiles and discoloration

Value-add opportunities

  • Both Paint interior walls — Enhances curb appeal and interior aesthetics
  • Both Replace worn kitchen cabinets and appliances — Improves functionality and aesthetics
  • Both Replace worn flooring — Enhances overall appearance and comfort
  • Both Paint exterior siding — Enhances curb appeal and value
  • Both Replace worn ceiling tiles — Improves comfort and aesthetics

Renovation cost estimate screening

Repair itemSeverityEst. cost
kitchen cabinets · Worn and dated Moderate $3,000–15,000
kitchen appliances · Dated and worn Moderate $3,000–15,000
interior walls · Worn ceiling tiles and discoloration Moderate $3,000–15,000
Total estimated repair cost · 3 items $9,000–45,000

Value-add ROI direction

  • Both Paint interior walls — Enhances curb appeal and interior aesthetics
  • Both Replace worn kitchen cabinets and appliances — Improves functionality and aesthetics
  • Both Replace worn flooring — Enhances overall appearance and comfort
  • Both Paint exterior siding — Enhances curb appeal and value
  • Both Replace worn ceiling tiles — Improves comfort and aesthetics

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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)
44,109
Household income
$70,202
Rent vs Own
28.4% rent · 71.6% own
Severe rent burden
867.0

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 (62%)
Race & ethnicity
Black 62% White 27% Two or more races 5% Hispanic / Latino 4%
Foreign-born
4% · Canada, South Korea
Languages at home
93% English-only · Spanish 3% Other Indo-European 1% Korean 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
▼ -51.74%
Current HPI
162.4074
Rent YoY
▼ -0.71%
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

1 event — show timeline
  • 2026-05-28 Listed $80,000 AMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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