3147 Crane Ferry Rd

Augusta, GA 30907
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3 bd, 2 ba | 1,644 sqft | Built in 1968

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List Price
$224,900

Initial Investment

$61,285

Purchase Price

$224,900

Down Payment

25%

Rent

$1,530

Total Return

$67,965

Annualized Return

15.3%

Cap Rate

4.5%

Gross Yield

8.2%

Cash Flow

-$2,696

Appreciation

6.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,454

HOA

None

Flood Risk

Not Required

Charming home on Crane Ferry Road! This brick home is in a great, central location and one that you do not want to miss out on! The welcoming covered front porch leads you to the open floor plan in the main area. The spacious living room provides a great space for entertainment, while keeping an easy line of communication to the kitchen and breakfast room. The open kitchen features a tile backsplash and all appliances remain! Off the kitchen area you will find the laundry room, and a spacious bedroom & bathroom. On the other side of the home you will find the spacious laundry suite, along with the third bedroom and second bathroom. One of the bedrooms features built-in shelving for additional storage, and that room could easily be transformed into an office if that works better for your family! Outside you will find a spacious backyard that is privacy fenced and a great inground pool.This home has been exceptionally well maintained and is close to numerous restaurants, shopping, downtown Augusta, and more! Not to mention, only about 3 miles from the Augusta National. This is a great home that is ready for a new family to make it their own. Schedule your personal tour today & see all the features this home has to offer!

See more in Analysis
Ryan Widener
Auben Realty (GA)
GA Agent License #272313

Annual Financial Highlights

Expected Rent

$17,442

Expenses

-$3,861

Property Taxes

-$4,050

Loan Payments

-$12,227

Net Cash Flow

-$2,696

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:VENUS GRIFFIN
Agent License 332408
MEYBOHM REAL ESTATE-WHEELER RD
Certified Agent Brokerage:Ryan Widener
Auben Realty (GA)
GA Brokerage License H-62788
SourceGreater Augusta AOR
MLS #527479
Last Updated: 04/05/2024 13:04
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