CashFlowRE
Sign in Sign up
802 Society Ave
B- Composite 68.25
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
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • Livability +3.1/5.0
  • Schools +2.7/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$94,000

802 Society Ave · North Hartsville, SC 29550
3 bd · 1.0 ba · 1,265 sqft · Other public records · 67 Days on market
Built 1947 0.30 ac lot

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Great opportunity in Hartsville! 802 Society Ave offers strong potential for investors or buyers looking to add value. With a functional layout, ample lot size, and a desirable location, this property is ready for your vision. Whether you're looking to renovate, rent, or reside, this home checks the boxes.

Key facts

  • Ample lot size
  • Desirable location
  • Functional layout

Tags

FUNCTIONAL LAYOUTAMPLE LOT SIZEDESIRABLE LOCATION

Property features AI

Finance

  • Other: Lot size approximately 0.3 acres

Exterior

  • Utilities: Public water; Public sewer
  • Home design: Single-family residence; Residential property; Approximately 1,265 above-grade finished area
  • Construction: Brick veneer construction; Shingle roof
  • Exterior features: Storage; Porch (screened)

Interior

  • Kitchen: Range; Refrigerator
  • Flooring: Vinyl
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Central heating; Central air; Ceiling fan(s)
  • Interior features: Fireplace (1)

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 3-bed/1.0-bath other listed at $94k.

Deal economics

  • At list price, monthly cash flow is $773 ($9k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $94k).
  • Recommended offer: $88k (6.0% below list) — sets the bar for market timing.
  • Cap rate 16.2% vs local median 3.4% in North Hartsville — 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 62/100 on livability (#190 in SC) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A; Watch: employment C-, amenities F, commute F.
  • Darlington 01 (town): math 27% / reading 37% proficiency, ranked #52 of 80 in SC (top 65%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 75% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: North Hartsville Elementary (math 46% / reading 37%, grade F, #269 of 597 statewide, top 46%, 527 students, 100% FRL); Hartsville Middle (math 23% / reading 31%, grade F, #153 of 229 statewide, top 68%, 921 students, 100% FRL); Hartsville High (math 42% / reading 80%, grade C+, #105 of 196 statewide, top 54%, 1,133 students, 100% FRL) — zoned schools average 100% FRL vs 75% district-wide (25 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: 156 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 195 units permitted in Darlington County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $650 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
  • Darlington County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $26k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 67 days — a 6% lower offer ($88k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 5y ago 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.
  • Current owner paid $79k; 19% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: built in 1947 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: major wind risk, 74% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $88,360 (6.0% below list)

Questions for the listing agent

  1. It's been on market 67 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. Built in 1947 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  6. 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.
  7. 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.
  8. 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
1.81%
Cap rate
16.16%
Cash-on-cash
35.24%
DSCR
2.57
GRM
4.6

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
30.8%
Equity multiple
2.29×
Total profit
$33,977
Equity at exit
$14,016
10-year hold
IRR
38.0%
Equity multiple
4.53×
Total profit
$92,887
Equity at exit
$8,127

Cash invested: $26,320 (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 29550

Home prices YoY
-22.3%
Active inventory
156
Price-to-rent
4.6×

Monthly cashflow live

Estimated rent
$1,700 medium interval (Pro) →
Mortgage (P&I)
$493
Tax from tax record
$38 /mo · $455/yr
Insurance
$39
HOA
$0
Vacancy / Maint / Mgmt
$357
Net cashflow
$773

Break-even live

Break-even rent $722
Max offer price $94,000
Occupancy floor 50%

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
$23,500
Closing costs
$2,820
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 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1014 Ousleydale Rd Hartsville, SC 3.0 2.0 1150 $1,700 $1.48 23d 1 0.75mi

Listing history 25 events

  1. 2026-06-19
    days on market $94,000 Active 67 DOM
  2. 2026-06-18
    days on market $94,000 Active 66 DOM
  3. 2026-06-17
    days on market $94,000 Active 65 DOM
  4. 2026-06-16
    days on market $94,000 Active 64 DOM
  5. 2026-06-15
    days on market $94,000 Active 63 DOM
  6. 2026-06-14
    days on market $94,000 Active 61 DOM
  7. 2026-06-13
    pricedays on market $94,000 Active 60 DOM
  8. 2026-06-10
    days on market $95,000 Active 58 DOM
  9. 2026-06-09
    days on market $95,000 Active 57 DOM
  10. 2026-06-08
    days on market $95,000 Active 56 DOM
  11. 2026-06-07
    days on market $95,000 Active 55 DOM
  12. 2026-06-05
    days on market $95,000 Active 52 DOM
  13. 2026-06-03
    days on market $95,000 Active 51 DOM
  14. 2026-06-02
    days on market $95,000 Active 50 DOM
  15. 2026-06-01
    days on market $95,000 Active 49 DOM
  16. 2026-05-31
    days on market $95,000 Active 48 DOM
  17. 2026-05-30
    days on market $95,000 Active 47 DOM
  18. 2026-04-13
    listed $95,000 Active
  19. 2025-03-06
    price $108,000
  20. 2025-02-18
    price $119,000
  21. 2025-02-01
    listed $124,000 Active
  22. 2024-06-19
    listed $102,500 Active
  23. 2022-07-15
    soldstatus
  24. 2022-07-15
    soldstatus $79,000
  25. 2021-10-25
    listed $79,000

ⓘ 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
$455 · $38/mo
Projected year-2 tax
$536 · $45/mo
Expected delta
+$81/yr (+$7/mo · 17.8%)

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

Climate risk First Street

  • 🌊 Flood 1/10 Low 0% chance over 30 yrs
  • 🔥 Wildfire 6/10 Major
  • 🌡 Heat 7/10 Severe 7 d/yr ≥108°F today · 16 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 74% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$20,400
− Mortgage interest
−$5,265
− Property taxes
−$455
− Insurance
−$470
− Repairs & maintenance
−$1,632
− Management
−$1,632
− Depreciation
−$2,735
Taxable income
$8,211
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,971
After-tax cash flow
$7,305/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
Darlington 01
NCES district ID
4501860
Math proficiency
27% ▼ -13.00%
Reading proficiency
37% ▼ -1.00%
Median HH income
$36,243
Composite
26.51/100
National rank
#7202
State rank
#52 of 80 in SC

Livability — North Hartsville

Score
62/100
State rank
#190
US rank
#16507

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
North Hartsville, SC
Population (ZIP)
30,198

Population outlook (Darlington County) Hauer SSP2

Today (2025)
64,981 people
By 2030
62,846 · -3.3%
By 2040
58,146 · -10.5%
By 2050
53,541 · -17.6%
By 2075
43,477 · -33.1%
By 2100
34,013 · -47.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Majority White (63%)
Race & ethnicity
White 63% Black 31% Two or more races 3% Hispanic / Latino 3%
Common ancestry
Slovak 3% Serbian 3% Romanian 1%
Foreign-born
3% · Canada
Languages at home
96% English-only · Spanish 3%

Political lean MEDSL · Darlington

2024 margin
R (+13.3) · D 42.8% · R 56.1% · Other 1.1%
2008→2024 swing
-13.2pp toward R · 2008: -0.1pp · 2024: -13.3pp
All cycles
2024: R+13.3 2020: R+5.0 2016: R+3.7 2012: D+3.4 2008: R+0.1

Not yet ingested

Civics

Market trends

HPI YoY
▼ -63.03%
Current HPI
219.996
Rent YoY
Metro
State GDP YoY
▲ 4.51%
F500 in state
2

Industry mix (Fortune 500 HQ in SC)

Industry F500 HQs Revenue

Price history

+20.3% since first listed
8 events — show timeline
  • 2026-04-13 Listed $95,000 RAGPD
  • 2025-03-06 Price Changed $108,000 RAGPD
  • 2025-02-18 Price Changed $119,000 RAGPD
  • 2025-02-01 Listed $124,000 RAGPD
  • 2024-06-19 Listed $102,500 RAGPD
  • 2022-07-15 Sold (Public Records) $79,000 Public Records
  • 2022-07-15 Sold (MLS) RAGPD
  • 2021-10-25 Listed $79,000 RAGPD

Property tax history

+10.3%/yr

Latest (2025): $455 · +3.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…