559 Foxstone Dr · Lake Murray of Richland, SC 29036

$265,000

3 bd · 2.0 ba · 1,543 sqft · SingleFamily public records · 16 Days on market

Built 2007 0.26 ac lot $31/mo HOA · 1% of rent

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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 +21.0/30.0
• ARV discount +7.5/15.0
• DSCR +6.7/10.0
• 1% rule +4.7/10.0
• Schools +4.5/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Hurry to check out this charming one-level home in Foxport near Lake Murray Elementary! You will love the privacy of the large, fenced backyard with wooded common area to the rear and on the left side and the nice screened porch (with storage closet) and patio. At the front of the home, you will find the covered porch that opens into the open floorplan with soaring high ceilings. The greatroom offers LVP flooring and a ceiling fan. The kitchen has white cabinets, a raised breakfast bar, gas range, DW, MW, Disposal, and an island. Also, the refrigerator in the kitchen and garage and Maytag W & D remain with the home. The kitchen and large dining area also have recent LVP flooring. The be

Key facts

• Covered porch
• Open floorplan
• Screened porch

Tags

• LARGE FENCED BACKYARD
• SCREENED PORCH
• COVERED PORCH
• OPEN FLOORPLAN
• LVP FLOORING
• GAS RANGE

Property features AI

Finance

• Other: Cable TV available
• HOA & community: Homeowners association present; Association maintains common areas and green spaces

Exterior

• Parking: Attached 2-car garage (main level)
• Utilities: Public water; Public sewer; Thermopane energy-efficient windows
• Home design: Single-story home
• Construction: Slab foundation
• Exterior features: Patio; Screened back porch; Partial brick above foundation and vinyl exterior; Privacy wood fence in rear; Paved road

Interior

• Kitchen: Island; Bar; Eat-in area; Pantry; Formica countertops; Painted cabinets; Luxury vinyl plank flooring; Microwave above stove; Free-standing gas range (self-cleaning)
• Bedrooms: Master bedroom with garden tub, private bath, walk-in closet, tub/shower, ceiling fan, luxury vinyl plank flooring (main level); Bedroom 2 with shared bath, walk-in closet, tub/shower, ceiling fan, carpet (main level); Bedroom 3 with shared bath, tub/shower, ceiling fan, luxury vinyl plank flooring (main level)
• Flooring: Luxury vinyl plank in main living areas and some bedrooms; Carpet in one bedroom
• Bathrooms: Two full bathrooms
• Heating & cooling: Central heat and air; Heat pump serving the first level
• Interior features: Ceiling fans throughout; Garage door opener; Smoke detectors; Attic access
• Laundry & utility: Main-level laundry in closet (electric); Washer and dryer included; Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $265k.

Deal economics

• At list price, monthly cash flow is $306 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $258k (2.7% below list).
• Recommended offer: $258k (2.7% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 67/100 on livability (#102 in SC) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, cost of living F.
• Lexington 05 (suburban): math 47% / reading 55% proficiency, ranked #5 of 80 in SC (top 6%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Lake Murray Elementary (math 78% / reading 82%, grade A+, #4 of 597 statewide, top 1%, 809 students, 18% FRL); Chapin High (math 82% / reading 91%, grade A, #7 of 196 statewide, top 4%, 1,615 students, 100% FRL) — zoned schools average 59% FRL vs 27% district-wide (32 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 83% at this address vs 51% district-wide (+32 pts) — the actual schools serving this property are materially stronger than the Lexington 05 average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: 443 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 3,472 units permitted in Richland County in 2024 (1,096 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Richland County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 16 days — a 2% lower offer ($261k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $146k; list at $265k implies a 82% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; major wind risk, 48% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $257,921 (2.7% below list)

Questions for the listing agent

1. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. 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.
6. 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.
7. 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: 0.97% ✗
• Cap rate: 7.98%
• Cash-on-cash: 6.03%
• DSCR: 1.27
• GRM: 8.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -8.6%
• Equity multiple: 0.68×
• Total profit: $-23,452
• Equity at exit: $39,512

10-year hold

• IRR: 0.9%
• Equity multiple: 1.06×
• Total profit: $4,611
• Equity at exit: $22,912

Cash invested: $74,200 (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.

Methodology + full state rankings →

ZIP-level market 29036

• Active inventory: 443
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $2,579 medium
• Mortgage (P&I): −$1,390
• Tax from tax record: −$134 /mo · $1,604/yr
• Insurance: −$110
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$31
• Vacancy / Maint / Mgmt: −$542
• Net cashflow: $306

Break-even live

Break-even rent $2,191

Max offer price $265,000

Occupancy floor 83%

Sensitivity live

Price	-10% $456	-5% $381	+0% $306	+5% $231	+10% $156
Rent	-10% $103	-5% $204	+0% $306	+5% $408	+10% $510
Rate	-1.0pp $440	-0.5pp $374	base $306	+0.5pp $238	+1.0pp $168

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: $66,250
• Closing costs: $7,950
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
756 Helmsman Ln Chapin, SC	4.0	2.5	1948	$2,450	$1.26	15d	1	0.46mi
628 Willowood Pkwy Chapin, SC	4.0	2.0	2000	$2,760	$1.38	4d	1	0.51mi
339 Explorer Dr Chapin, SC	4.0	2.0	1740	$2,200	$1.26	4d	1	0.66mi

HOA detail

• Monthly dues: $31 · $372/yr
• Likely covers: gas

Listing history 13 events

1. 2026-06-13
   statusdays on market $265,000 Pending 16 DOM
2. 2026-06-10
   days on market $265,000 Active - Contingent 14 DOM
3. 2026-06-09
   days on market $265,000 Active - Contingent 13 DOM
4. 2026-06-08
   days on market $265,000 Active - Contingent 12 DOM
5. 2026-06-07
   days on market $265,000 Active - Contingent 11 DOM
6. 2026-06-03
   days on market $265,000 Active - Contingent 7 DOM
7. 2026-06-03
   days on market $265,000 Active - Contingent 6 DOM
8. 2026-06-01
   days on market $265,000 Active - Contingent 5 DOM
9. 2026-05-31
   days on market $265,000 Active - Contingent 4 DOM
10. 2026-05-29
    historical Active - Contingent
11. 2026-05-27
    listed $265,000 Active
12. 2017-11-22
    soldstatus $146,000
13. 2009-08-17
    soldstatus $148,000

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

Tax reassessment forecast SC · Resets to sale price

• Current annual tax: $1,604 · $134/mo
• Projected year-2 tax: $1,604 · $134/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 8/10 Severe FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥108°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 48% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,951
• − Mortgage interest: −$14,844
• − Property taxes: −$1,604
• − Insurance: −$2,122
• − Repairs & maintenance: −$2,476
• − Management: −$2,476
• − HOA: −$372
• − Depreciation: −$7,709
• Taxable loss: −$653
• Est. tax savings @ 24.0%: +$157
• After-tax cash flow: $3,833/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: Lexington 05
• NCES district ID: 4502820
• Math proficiency: 47% ▼ -7.00%
• Reading proficiency: 55% ▼ -4.00%
• Median HH income: $67,732
• Composite: 45.28/100
• National rank: #2656
• State rank: #5 of 80 in SC

Livability — Lake Murray of Richland

• Score: 67/100
• State rank: #102
• US rank: #10903

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lake Murray of Richland, SC
• County: Lexington County · 232,571 people
• City population: 179
• Metro: Columbia, SC
• Population (ZIP): 26,620
• Household income: $113,986
• Rent vs Own: 8.1% rent · 91.9% own
• Severe rent burden: 212.0

Population outlook (Richland County) Hauer SSP2

• Today (2025): 459,667 people
• By 2030: 487,524 · +6.1%
• By 2040: 542,035 · +17.9%
• By 2050: 595,371 · +29.5%
• By 2075: 732,998 · +59.5%
• By 2100: 820,415 · +78.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Asian 5% Two or more races 4% Black 3% Hispanic / Latino 3%
• Common ancestry: Lithuanian 4% Slovak 4% Italian 2%
• Foreign-born: 6% · Canada, South Korea, China
• Languages at home: 95% English-only · Other Indo-European 2% Spanish 1% Korean 1%

Political lean MEDSL · Richland

• 2024 margin: Solid D (+34.6) · D 66.4% · R 31.8% · Other 1.8%
• 2008→2024 swing: +5.7pp toward D · 2008: 28.9pp · 2024: 34.6pp
• All cycles: 2024: D+34.6 2020: D+38.3 2016: D+32.9 2012: D+33.3 2008: D+28.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -134.76%
• Current HPI: 248.3807
• Rent YoY: —
• Metro: Columbia, SC
• State GDP YoY: ▲ 4.51%
• F500 in state: 2

Industry mix (Fortune 500 HQ in SC)

Industry	F500 HQs	Revenue
▸Packaging	1	$7B

Price history

+79.1% since first listed

4 events — show timeline

• 2026-05-29 Contingent — Consolidated MLS
• 2026-05-27 Listed $265,000 Consolidated MLS
• 2017-11-22 Sold (Public Records) $146,000 Public Records
• 2009-08-17 Sold (Public Records) $148,000 Public Records

Property tax history

+2.9%/yr

Latest (2025): $1,604 · +4.0% YoY. Source: county tax records.