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156 Pendulum Rdg
D+ Composite 45.67
Why this score? — see what drove the D+ 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 +12.2/30.0
  • Appreciation +9.2/10.0
  • ARV discount +7.1/15.0
  • DSCR +3.6/10.0
  • Schools +3.2/10.0
  • Livability +3.0/5.0
  • 1% rule +2.5/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0

$312,000

156 Pendulum Rdg · Graniteville, SC 29829
4 bd · 3.0 ba · 2,760 sqft · SingleFamily public records · 28 Days on market
Built 2011 0.30 ac lot Est $309k · at est. $47/mo HOA · 2% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome home to this beautifully updated and well-maintained 4-bedroom, 3-bath home in the sought-after Sage Creek community of Graniteville! Offering approximately 2,516 square feet of living space, this spacious home is filled with upgrades and thoughtful details throughout. From the moment you enter the home, you'll be impressed by the stunning two-story foyer and open-concept living area featuring soaring two-story ceilings, a cozy fireplace, and plenty of natural light, along with an elegant dining room with coffered ceilings. The kitchen flows perfectly into the main living space and features granite countertops, recessed lighting, a large pantry, and ample cabinetry and workspace, making it ideal for both entertaining and everyday living. The home is also wired for surround sound for the ultimate entertainment experience. The oversized owner's suite upstairs is a true retreat with abundant natural light, high ceilings, ceiling fan, huge walk-in closet with built-ins, double vanity, and separate soaking tub and shower. The additional upstairs bedrooms feature vaulted ceilings and walk-in closets, while brand-new carpet has been installed throughout all bedrooms, upstairs areas, and stairway. A fourth bedroom and full bath are conveniently located on the main level, making it perfect for guests, an office, or multigenerational living. This room also features brand-new carpet and a ceiling fan. The garage includes convenient storage racks, and outside you'll love the large fenced backyard complete with a spacious patio--perfect for gatherings and outdoor living. The detached 10x20 shed with electricity and window unit offers endless possibilities as a workshop, office, she shed, or man cave. Situated on . 30 acres, this move-in ready home offers space, comfort, and style in one incredible package!

Key facts

  • Elegant dining room
  • Recessed lighting
  • Cozy fireplace

Tags

TWO STORY FOYEROPEN CONCEPT LIVING AREACOZY FIREPLACEELEGANT DINING ROOMGRANITE COUNTERTOPSRECESSED LIGHTING

Property features AI

Finance

  • HOA & community: Home is part of an association

Exterior

  • Parking: Attached 2-car garage
  • Utilities: Public sewer; Public water
  • Home design: Two-story home
  • Construction: Slab foundation
  • Exterior features: Partial brick above foundation and vinyl siding; Paved road access; Public water

Interior

  • Kitchen: Free-standing range
  • Bedrooms: Primary bedroom on the second level with a private bath that includes a separate shower, a separate water closet, and a freestanding tub
  • Bathrooms: Three full bathrooms total (including two secondary full baths and one main full bath)
  • Heating & cooling: Heat pump on the first level; Central cooling
  • Interior features: One fireplace; Free-standing range

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 4-bed/3.0-bath single-family listed at $312k.

Deal economics

  • At list price, monthly cash flow is $-64 ($-765/yr) — negative.
  • To cash-flow at today's rent, offer at most $301k (3.6% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $233k (25.4% below list).
  • Recommended offer: $233k (25.4% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 59/100 on livability (#240 in SC) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, crime B+; Watch: amenities F, commute F, employment F.
  • Aiken 01 (suburban): math 31% / reading 44% proficiency, ranked #36 of 80 in SC (top 45%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Byrd Elementary (math 28% / reading 36%, grade F, #369 of 597 statewide, top 64%, 657 students, 37% FRL); Midland Valley High (math 31% / reading 83%, grade C, #120 of 196 statewide, top 64%, 1,477 students, 62% FRL) — zoned schools at 49% FRL track the district average.
  • Market conditions: 299 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 2,500 units permitted in Aiken County in 2024 (1,023 in 5+ unit buildings).
  • This rent runs 33% of the median local income ($84k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • In year one you build about $28k of equity ($2k loan paydown + $26k appreciation (8.4% local appreciation)).
  • Aiken County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (8.4% appreciation + 3.0% rent growth), your $87k cash investment doubles in ~3 years — after that, you're playing with house money.
  • By year 2, paydown + projected appreciation supports a ~$45k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 28 days — a 2% lower offer ($307k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts since 15y 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 $246k; 27% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Climate carrying-cost: major wind risk, 68% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $232,787 (25.4% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  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 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?
  5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  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
0.75%
Cap rate
6.05%
Cash-on-cash
-0.88%
DSCR
0.96
GRM
11.2

CMA / ARV

ARV (on-the-fly)
$309,120
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
200 Pendulum Rdg 0.08mi 4/3.0 2,780 (+1%) 4mo $299,000 $108 92
4920 Coal Creek Dr 0.12mi 4/2.5 2,724 (-1%) 2mo $305,000 $112 88
618 Village East Cir 0.35mi 4/3.0 2,840 (+3%) 7mo $324,900 $114 73
3046 Walking View Ct 0.35mi 4/3.5 2,835 (+3%) 5mo $299,999 $106 73
566 Village East Cir 0.37mi 5/3.0 (+1) 2,652 (-4%) 2mo $275,000 $104 70
2002 Winding Trail Rd 0.24mi 5/3.5 (+1) 2,778 (+1%) 15mo $320,000 $115 68
7206 Round Stone Dr 0.12mi 5/3.0 (+1) 3,126 (+13%) 2mo $329,900 $106 66
8039 Red Rock Way Way 0.13mi 4/2.5 2,456 (-11%) 13mo $287,000 $117 62
3032 Walking View Ct 0.37mi 4/2.5 2,359 (-14%) 5mo $250,000 $106 52
6006 Mahogany Terrace Ter 0.40mi 5/4.0 (+1) 3,156 (+14%) 2mo $341,000 $108 47
4145 Thimbleberry Dr 0.38mi 3/2.5 (-1) 2,357 (-15%) 10mo $273,000 $116 42
2841 Calli Crossing Dr 0.50mi 5/3.0 (+1) 2,361 (-14%) 16mo $283,600 $120 34

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

8.38% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
20.2%
Equity multiple
2.51×
Total profit
$131,971
Equity at exit
$245,147
10-year hold
IRR
18.6%
Equity multiple
5.42×
Total profit
$386,148
Equity at exit
$494,563

Cash invested: $87,360 (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 29829

Home prices YoY
3.0%
Active inventory
299
Price-to-rent
11.2×

Monthly cashflow live

Estimated rent
$2,328 medium interval (Pro) →
Mortgage (P&I)
$1,636
Tax from tax record
$90 /mo · $1,075/yr
Insurance
$130
HOA
$47
Vacancy / Maint / Mgmt
$489
Net cashflow
$-64

Break-even live

Break-even rent $2,409
Max offer price $300,737
Occupancy floor 98%

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
$78,000
Closing costs
$9,360
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
507 Satinwood Cir Graniteville, SC 3.0–4.0 2.0–2.5 1776 $2,199 $1.24 14d 5 0.36mi

HOA detail

Monthly dues
$47 · $564/yr
Likely covers
electric

Listing history 26 events

  1. 2026-06-18
    days on market $312,000 Active 28 DOM
  2. 2026-06-17
    days on market $312,000 Active 27 DOM
  3. 2026-06-16
    days on market $312,000 Active 26 DOM
  4. 2026-06-15
    days on market $312,000 Active 25 DOM
  5. 2026-06-14
    days on market $312,000 Active 23 DOM
  6. 2026-06-13
    days on market $312,000 Active 22 DOM
  7. 2026-06-10
    days on market $312,000 Active 20 DOM
  8. 2026-06-09
    days on market $312,000 Active 19 DOM
  9. 2026-06-08
    days on market $312,000 Active 18 DOM
  10. 2026-06-07
    days on market $312,000 Active 17 DOM
  11. 2026-06-03
    days on market $312,000 Active 13 DOM
  12. 2026-06-02
    days on market $312,000 Active 12 DOM
  13. 2026-06-01
    days on market $312,000 Active 11 DOM
  14. 2026-05-31
    days on market $312,000 Active 10 DOM
  15. 2026-05-30
    days on market $312,000 Active 9 DOM
  16. 2026-05-21
    listed $312,000 Active 1832-char remark
    Show marketing remark (1832 chars)

    Welcome home to this beautifully updated and well-maintained 4-bedroom, 3-bath home in the sought-after Sage Creek community of Graniteville! Offering approximately 2,516 square feet of living space, this spacious home is filled with upgrades and thoughtful details throughout. From the moment you enter the home, you'll be impressed by the stunning two-story foyer and open-concept living area featuring soaring two-story ceilings, a cozy fireplace, and plenty of natural light, along with an elegant dining room with coffered ceilings. The kitchen flows perfectly into the main living space and features granite countertops, recessed lighting, a large pantry, and ample cabinetry and workspace, making it ideal for both entertaining and everyday living. The home is also wired for surround sound for the ultimate entertainment experience. The oversized owner's suite upstairs is a true retreat with abundant natural light, high ceilings, ceiling fan, huge walk-in closet with built-ins, double vanity, and separate soaking tub and shower. The additional upstairs bedrooms feature vaulted ceilings and walk-in closets, while brand-new carpet has been installed throughout all bedrooms, upstairs areas, and stairway. A fourth bedroom and full bath are conveniently located on the main level, making it perfect for guests, an office, or multigenerational living. This room also features brand-new carpet and a ceiling fan. The garage includes convenient storage racks, and outside you'll love the large fenced backyard complete with a spacious patio--perfect for gatherings and outdoor living. The detached 10x20 shed with electricity and window unit offers endless possibilities as a workshop, office, she shed, or man cave. Situated on . 30 acres, this move-in ready home offers space, comfort, and style in one incredible package!

  17. 2026-05-21
    listed $312,000 Active
    Show marketing remark (1832 chars)

    Welcome home to this beautifully updated and well-maintained 4-bedroom, 3-bath home in the sought-after Sage Creek community of Graniteville! Offering approximately 2,516 square feet of living space, this spacious home is filled with upgrades and thoughtful details throughout. From the moment you enter the home, you'll be impressed by the stunning two-story foyer and open-concept living area featuring soaring two-story ceilings, a cozy fireplace, and plenty of natural light, along with an elegant dining room with coffered ceilings. The kitchen flows perfectly into the main living space and features granite countertops, recessed lighting, a large pantry, and ample cabinetry and workspace, making it ideal for both entertaining and everyday living. The home is also wired for surround sound for the ultimate entertainment experience. The oversized owner's suite upstairs is a true retreat with abundant natural light, high ceilings, ceiling fan, huge walk-in closet with built-ins, double vanity, and separate soaking tub and shower. The additional upstairs bedrooms feature vaulted ceilings and walk-in closets, while brand-new carpet has been installed throughout all bedrooms, upstairs areas, and stairway. A fourth bedroom and full bath are conveniently located on the main level, making it perfect for guests, an office, or multigenerational living. This room also features brand-new carpet and a ceiling fan. The garage includes convenient storage racks, and outside you'll love the large fenced backyard complete with a spacious patio--perfect for gatherings and outdoor living. The detached 10x20 shed with electricity and window unit offers endless possibilities as a workshop, office, she shed, or man cave. Situated on . 30 acres, this move-in ready home offers space, comfort, and style in one incredible package!

  18. 2021-10-12
    soldstatus $246,500
  19. 2021-10-08
    soldstatus $246,500 696-char remark
    Show marketing remark (696 chars)

    Wonderful open floor plan with 4 bedrooms and 3 full baths. Kitchen with Granite counter tops. Large pantry off of kitchen. New flooring in kitchen and dining room. Dining room with coffered ceilings. Wired for surround sound in great room. Large master bedroom. Master bath with double vanities, garden tub, separate shower. Fresh paint in bedrooms. Large walk in closet with custom shelving and drawers that can be adjusted to suit your needs. There is a guest bedroom on the main floor and a full bath. Nice privacy fenced back yard with patio and fire pit. 10 X 20 workshop out back that has electricity, wired for cable and completely insulated. Seller is offering a $5,000 carpet allowance.

  20. 2021-08-24
    listed $246,500 696-char remark
    Show marketing remark (696 chars)

    Wonderful open floor plan with 4 bedrooms and 3 full baths. Kitchen with Granite counter tops. Large pantry off of kitchen. New flooring in kitchen and dining room. Dining room with coffered ceilings. Wired for surround sound in great room. Large master bedroom. Master bath with double vanities, garden tub, separate shower. Fresh paint in bedrooms. Large walk in closet with custom shelving and drawers that can be adjusted to suit your needs. There is a guest bedroom on the main floor and a full bath. Nice privacy fenced back yard with patio and fire pit. 10 X 20 workshop out back that has electricity, wired for cable and completely insulated. Seller is offering a $5,000 carpet allowance.

  21. 2011-11-04
    soldstatus $171,140
  22. 2011-11-04
    soldstatus $171,140
  23. 2011-11-04
    soldstatus $171,140
  24. 2011-09-12
    listed $171,140
  25. 2011-09-12
    listed $171,140
  26. 2011-09-10
    listed $171,140

ⓘ 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
$1,075 · $90/mo
Projected year-2 tax
$1,778 · $148/mo
Expected delta
+$703/yr (+$59/mo · 65.4%)

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

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 ≥108°F today · 18 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 68% chance of damaging wind over 30 yrs
  • 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$27,934
− Mortgage interest
−$17,477
− Property taxes
−$1,075
− Insurance
−$1,560
− Repairs & maintenance
−$2,235
− Management
−$2,235
− HOA
−$564
− Depreciation
−$9,076
Taxable loss
−$6,288
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,509
After-tax cash flow
$744/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
Aiken 01
NCES district ID
4500720
Math proficiency
31% ▼ -11.00%
Reading proficiency
44% ▼ -1.00%
Median HH income
$45,081
Composite
31.91/100
National rank
#5857
State rank
#36 of 80 in SC

Livability — Graniteville

Score
59/100
State rank
#240
US rank
#19924

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Aiken County · 116,534 people
City population
12,385
Metro
Augusta-Richmond County, GA-SC
Population (ZIP)
12,385
Household income
$84,228
Rent vs Own
18.3% rent · 81.7% own
Severe rent burden
213.0

Population outlook (Aiken County) Hauer SSP2

Today (2025)
178,003 people
By 2030
182,876 · +2.7%
By 2040
189,970 · +6.7%
By 2050
193,840 · +8.9%
By 2075
199,453 · +12.1%
By 2100
192,403 · +8.1%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.58)
Race & ethnicity
White 59% Black 26% Hispanic / Latino 12% Two or more races 9% Asian 1%
Hispanic origin (detail)
Mexican 8% Puerto Rican 1%
Common ancestry
Italian 2% Swedish 2% Slovak 1%
Foreign-born
6% · Canada
Languages at home
89% English-only · Spanish 10% Other Indo-European 1%

Political lean MEDSL · Aiken

2024 margin
Strong R (+25.9) · D 36.4% · R 62.2% · Other 1.4%
2008→2024 swing
-1.9pp toward R · 2008: -24.0pp · 2024: -25.9pp
All cycles
2024: R+25.9 2020: R+22.7 2016: R+27.5 2012: R+26.0 2008: R+24.0

Not yet ingested

Civics

Market trends

HPI YoY
▲ 8.38%
Current HPI
286.4155
Rent YoY
Metro
Augusta-Richmond County, GA-SC
State GDP YoY
▲ 4.51%
F500 in state
2

Industry mix (Fortune 500 HQ in SC)

Industry F500 HQs Revenue

Price history

+82.3% since first listed
11 events — show timeline
  • 2026-05-21 Listed $312,000 Consolidated MLS
  • 2026-05-21 Listed $312,000 AMLS
  • 2021-10-12 Sold (Public Records) $246,500 Public Records
  • 2021-10-08 Sold (MLS) $246,500 AMLS
  • 2021-08-24 Listed $246,500 AMLS
  • 2011-11-04 Sold (MLS) $171,140 Hive MLS
  • 2011-11-04 Sold (MLS) $171,140 AMLS
  • 2011-11-04 Sold (MLS) $171,140 Hive MLS
  • 2011-09-12 Listed $171,140 Hive MLS
  • 2011-09-12 Listed $171,140 Hive MLS
  • 2011-09-10 Listed $171,140 AMLS

Property tax history

+3.2%/yr

Latest (2025): $1,075 · +0.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…