Rent report generated Jan 6, 2025
The Rent Potential of
1110 Russell St Augusta, GA
home
is $1,050 – $1,250/mo.
Current Specs
2 Bed / 1 Bath
980 sqft
Single-Family
Built in 1932
Rent Comps
$950
$1,100
$1,900
LOW
MEDIAN
HIGH
Most similar comps
These are the comps most similar in size, bed-bath count, and location.
7 Listings
2 Bed / 1-1.5 Bath
761 - 1,201 sqft
Within 0.6 mi
Avg. Monthly Rent$1,111
High-end comps
These are the highest-priced comps in the market. They demonstrate the price range for renovated homes with new finishes and modern appliances.
1 Listing
2 Bed / 1 Bath
1,000 sqft
Within 0.7 mi
Avg. Monthly Rent$1,900
Rent Advice
This charming single-family home in Augusta offers promising rental potential, with estimated monthly rents ranging from $1,050 to $1,250. Given the local market trends and neighborhood's appeal, the property's revenue potential is appealing. The payback period would depend on acquisition costs, but at these rental rates, it's likely favorable. Features like the new metal roof, updated HVAC, and inviting front porch enhance its appeal. Challenges may include its age and size, but its proximity to amenities compensates well.
To boost rental income, consider modernizing kitchen and bathroom fixtures or adding energy-efficient appliances. Enhancing curb appeal with landscaping might attract premium tenants. For owners contemplating selling, highlighting the property's recent updates, such as the new HVAC and roof, alongside its rental potential, could appeal to investors looking for a turnkey opportunity.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.