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776 Embark Cir
D Composite 42.26
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 +10.4/30.0
  • ARV discount +7.7/15.0
  • Schools +6.4/10.0
  • Condition / age +4.8/5.0
  • Livability +4.0/5.0
  • 1% rule +3.1/10.0
  • DSCR +3.0/10.0
  • Rent growth +2.9/5.0
  • Appreciation +0.0/10.0

$219,450

776 Embark Cir · Greer, SC 29651
3 bd · 2.5 ba · 1,416 sqft · Townhouse · 44 Days on market
Built 2026 Excellent condition Garage $155/sqft · at area comps Est $220k · at est.

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Check out 776 Embark Circle, a beautifully designed townhome featuring three bedrooms, two and a half bathrooms, and a one-car garage in our Covington Village Community. The open-concept layout is perfect for entertaining, ensuring you’re always part of the action. Upon entering, you'll be welcomed by a spacious foyer that leads into the living and dining areas. The kitchen provides ample storage and features a glass door that seamlessly connects the indoors with the patio, enhancing your living experience. A conveniently located half bathroom is situated off the living room. Moving upstairs, you’ll find two bedrooms, which share a bathroom complete with a vanity and tub. The upstairs laundry room is also ideally located for easy access. On the opposite side of the floor, the primary bedroom features privacy and comfort. The en-suite primary bathroom boasts a double vanity and a walk-in shower with glass panels. The spacious walk-in closet is bathed in natural light, thanks to a window that brightens the space. The primary bedroom features a large window, filling the room with extra light. With its smart design, natural lighting, spacious layout, and modern finishes, this townhome is a wonderful place to call home. Pictures are representative.

Key facts

  • Glass door
  • Spacious foyer
  • Patio

Tags

OPEN-CONCEPT LAYOUTSPACIOUS FOYERAMPLE STORAGEGLASS DOORPATIOUPSTAIRS LAUNDRY ROOM

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
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What this means for you Summary

Snapshot

  • This is a 3-bed/2.5-bath townhouse listed at $219k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $-117 ($-1k/yr) — negative.
  • To cash-flow at today's rent, offer at most $202k (7.7% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $177k (19.3% below list).
  • Recommended offer: $177k (19.3% below list) — sets the bar for 1% rule.
  • Cap rate 5.7% vs local median 3.4% in Greer — 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 81/100 on livability (#7 in SC, #1,463 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, cost of living A+, housing A+; Watch: crime C-, commute F.
  • Spartanburg 05 (suburban): math 45% / reading 51% proficiency, ranked #13 of 80 in SC (top 16%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Reidville Elementary (math 57% / reading 57%, grade C+, #102 of 597 statewide, top 18%, 667 students, 46% FRL); Berry Shoals Intermediate (math 54% / reading 48%, grade C, #36 of 229 statewide, top 16%, 902 students, 56% FRL); James F. Byrnes High (math 31% / reading 75%, grade C-, #140 of 196 statewide, top 72%, 2,217 students, 56% FRL).
  • Market conditions: Rents rising (+1.6%/yr); 679 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals lingering (median 99d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 3,129 units permitted in Spartanburg County in 2024 (40 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 $7k of value loss. Plan a longer hold.
  • Spartanburg County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 44 days — a 3% lower offer ($213k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts 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.
Recommended offer $177,125 (19.3% 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. It's been on market 44 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  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
0.81%
Cap rate
5.65%
Cash-on-cash
-2.29%
DSCR
0.90
GRM
10.3

CMA / ARV

ARV (median comp)
$220,400
List price
$219,450
Delta
-0.43%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
780 Embark Cir 0.01mi 3/2.5 1,416 (0%) 2mo $207,900 $147 98
781 Embark Cir 0.02mi 3/2.5 1,429 (+1%) 0mo $210,000 $147 97
779 Embark Cir 0.02mi 3/2.5 1,429 (+1%) 1mo $220,900 $155 97
820 Embark Cir 0.07mi 3/2.5 1,416 (0%) 0mo $209,900 $148 96
807 Embark Cir 0.05mi 3/2.5 1,429 (+1%) 0mo $219,900 $154 96
791 Embark Cir 0.03mi 3/2.5 1,443 (+2%) 0mo $226,450 $157 95
822 Embark Cir 0.08mi 3/2.5 1,443 (+2%) 0mo $225,400 $156 93
190 Randwick Ln 0.59mi 3/2.5 1,470 (+4%) 1mo $220,355 $150 65
194 Randwick Ln 0.59mi 3/2.5 1,470 (+4%) 2mo $226,355 $154 65
185 Randwick Ln 0.60mi 3/2.5 1,470 (+4%) 2mo $224,985 $153 64
183 Randwick Ln 0.60mi 3/2.5 1,470 (+4%) 2mo $219,900 $150 64
179 Randwick Ln 0.61mi 3/2.5 1,470 (+4%) 2mo $214,900 $146 63

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

Projected returns pro-forma

-3.0% appreciation · 1.62% rent growth · sell at horizon

5-year hold
IRR
-21.6%
Equity multiple
0.26×
Total profit
$-45,430
Equity at exit
$32,721
10-year hold
IRR
-19.0%
Equity multiple
0.04×
Total profit
$-58,752
Equity at exit
$18,974

Cash invested: $61,446 (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.
Seller's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
25 active · 48 under contract
Months of supply
2.8 mo (36%/mo absorbed)
Median asking
$221,990 ($152/sqft)
Median days on market
123 d
This list price
40% of active listings are priced below it
ARV vs active asking
+2.5% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 29651

Home prices YoY
-29.4%
Rents YoY
1.6%
Active inventory
679
Price-to-rent
10.3×

Monthly cashflow live

Estimated rent
$1,771 high interval (Pro) →
Mortgage (P&I)
$1,151
Tax est. 1.5%
$274 /mo · $3,292/yr
Insurance
$91
HOA
$0
Vacancy / Maint / Mgmt
$372
Net cashflow
$-117

Break-even live

Break-even rent $1,920
Max offer price $202,479
Occupancy floor

Sensitivity live

Price -10% $34 -5% $-41 +0% $-117 +5% $-193 +10% $-269
Rent -10% $-257 -5% $-187 +0% $-117 +5% $-47 +10% $23
Rate -1.0pp $-7 -0.5pp $-61 base $-117 +0.5pp $-174 +1.0pp $-232

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
$54,862
Closing costs
$6,584
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 16 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
784 Embark Cir Greer, SC 3.0 2.5 1492 $1,990 $1.33 6d 1 0.02mi
808 Embark Cir Greer, SC 3.0 2.0 1740 $1,700 $0.98 109d 1 0.02mi
773 Embark Cir Greer, SC 3.0 2.5 1462 $1,650 $1.13 6d 1 0.04mi
769 Embark Cir Greer, SC 3.0 2.5 1462 $1,650 $1.13 6d 1 0.05mi
766 Embark Cir Greer, SC 3.0 2.5 1416 $1,600 $1.13 1d 1 0.05mi
753 Embark Cir Greer, SC 3.0 2.5 1429 $1,650 $1.15 6d 1 0.07mi
377 Echo Cir Greer, SC 2.0 2.5 1073 $1,449 $1.35 6d 1 0.59mi
171 Randwick Ln Greer, SC 3.0 2.5 1450 $1,549 $1.07 5d 1 0.61mi
167 Randwick Ln Greer, SC 3.0 2.5 1470 $1,845 $1.26 107d 1 0.62mi
168 Randwick Ln Greer, SC 3.0 2.5 1470 $1,845 $1.26 107d 1 0.62mi
166 Randwick Ln Greer, SC 3.0 2.5 1500 $1,775 $1.18 99d 1 0.63mi
165 Randwick Ln Greer, SC 3.0 2.5 1470 $1,845 $1.26 107d 1 0.63mi
157 Randwick Ln Greer, SC 3.0 2.5 1470 $1,595 $1.09 117d 1 0.64mi
154 Randwick Ln Greer, SC 3.0 2.5 1470 $1,695 $1.15 6d 1 0.65mi
146 Randwick Ln Unit 146 Greer, SC 3.0 2.5 1470 $1,800 $1.22 115d 1 0.66mi
141 Randwick Ln Greer, SC 3.0 2.5 1470 $1,695 $1.15 117d 1 0.67mi

Property features AI

Finance

Other
Lot is level with underground utilitiesLot size: 1/2 acre or lessApproximate completion date listed
HOA & community
Property is in a homeowners associationHOA covers common area insurance, exterior maintenance, lawn maintenance, street lights, and enforces bylaws and restrictive covenantsCommunity amenities include common areas, lights, some sidewalks, and lawn maintenance

Exterior

Parking
Attached garage with door openerAssigned parking (2 spaces)Detached/attached garage capacity listed as 1Paved concrete driveway
Utilities
Public waterElectric water heaterPublic sewerPublic garbage pickupAttached garage (utility entry noted)
Home design
Two-story homeModel: Newton ANew construction (approximate year built 2026)New / never lived inAttic storageSlab foundation
Construction
Built by D.R. HortonStone and vinyl sidingComposition shingle roofSlab foundationApproximate year built 2026
Exterior features
PatioTilt-out windowsVinyl/aluminum trimThermal windowsStone and vinyl siding exteriorComposition shingle roof

Interior

Kitchen
DishwasherGarbage disposalElectric stand-alone rangeBuilt-in microwaveWalk-in pantry
Bedrooms
Primary bedroom on 2nd level with double sinks, full bath, separate shower and walk-in closetSecond bedroom approximately 12 x 10Third bedroom approximately 12 x 10Primary bedroom approximately 13 x 12
Flooring
CarpetLuxury vinyl tile/plank
Bathrooms
Two full bathroomsOne half bathroom
Heating & cooling
Electric heatingForced air heatingDamper-controlled heatingCentral forced coolingElectric coolingDamper-controlled cooling
Interior features
Attic stairs (disappearing)Cable available9-foot or higher ceilingsSmooth ceilingsSolid surface countertopsOpen floor planSmoke detectorWalk-in closet(s)Walk-in pantryRadon mitigation systemSmart systems pre-wiring
Laundry & utility
Second-floor laundry in closet style with electric dryer hookup

Listing history 17 events

  1. 2026-07-10
    days on market $219,450 Active 44 DOM
  2. 2026-07-10
    remarks 699-char remark
  3. 2026-07-10
    days on marketlisting id $219,450 Active 43 DOM
  4. 2026-07-09
    days on market $219,450 Active 22 DOM
  5. 2026-07-08
    days on market $219,450 Active 21 DOM
  6. 2026-07-07
    days on market $219,450 Active 20 DOM
  7. 2026-07-06
    days on market $219,450 Active 19 DOM
  8. 2026-07-05
    days on market $219,450 Active 18 DOM
  9. 2026-07-04
    days on market $219,450 Active 17 DOM
  10. 2026-07-03
    days on market $219,450 Active 16 DOM
  11. 2026-07-02
    days on market $219,450 Active 15 DOM
  12. 2026-07-01
    pricestatus $219,450 Active 14 DOM
  13. 2026-05-08
    status Pending 1275-char remark
    Show marketing remark (1275 chars)

    Check out 776 Embark Circle, a beautifully designed townhome featuring three bedrooms, two and a half bathrooms, and a one-car garage in our Covington Village Community. The open-concept layout is perfect for entertaining, ensuring you’re always part of the action. Upon entering, you'll be welcomed by a spacious foyer that leads into the living and dining areas. The kitchen provides ample storage and features a glass door that seamlessly connects the indoors with the patio, enhancing your living experience. A conveniently located half bathroom is situated off the living room. Moving upstairs, you’ll find two bedrooms, which share a bathroom complete with a vanity and tub. The upstairs laundry room is also ideally located for easy access. On the opposite side of the floor, the primary bedroom features privacy and comfort. The en-suite primary bathroom boasts a double vanity and a walk-in shower with glass panels. The spacious walk-in closet is bathed in natural light, thanks to a window that brightens the space. The primary bedroom features a large window, filling the room with extra light. With its smart design, natural lighting, spacious layout, and modern finishes, this townhome is a wonderful place to call home. Pictures are representative.

  14. 2026-05-08
    status Pending
    Show marketing remark (1275 chars)

    Check out 776 Embark Circle, a beautifully designed townhome featuring three bedrooms, two and a half bathrooms, and a one-car garage in our Covington Village Community. The open-concept layout is perfect for entertaining, ensuring you’re always part of the action. Upon entering, you'll be welcomed by a spacious foyer that leads into the living and dining areas. The kitchen provides ample storage and features a glass door that seamlessly connects the indoors with the patio, enhancing your living experience. A conveniently located half bathroom is situated off the living room. Moving upstairs, you’ll find two bedrooms, which share a bathroom complete with a vanity and tub. The upstairs laundry room is also ideally located for easy access. On the opposite side of the floor, the primary bedroom features privacy and comfort. The en-suite primary bathroom boasts a double vanity and a walk-in shower with glass panels. The spacious walk-in closet is bathed in natural light, thanks to a window that brightens the space. The primary bedroom features a large window, filling the room with extra light. With its smart design, natural lighting, spacious layout, and modern finishes, this townhome is a wonderful place to call home. Pictures are representative.

  15. 2026-04-24
    listed $217,900 Active 1275-char remark
    Show marketing remark (1275 chars)

    Check out 776 Embark Circle, a beautifully designed townhome featuring three bedrooms, two and a half bathrooms, and a one-car garage in our Covington Village Community. The open-concept layout is perfect for entertaining, ensuring you’re always part of the action. Upon entering, you'll be welcomed by a spacious foyer that leads into the living and dining areas. The kitchen provides ample storage and features a glass door that seamlessly connects the indoors with the patio, enhancing your living experience. A conveniently located half bathroom is situated off the living room. Moving upstairs, you’ll find two bedrooms, which share a bathroom complete with a vanity and tub. The upstairs laundry room is also ideally located for easy access. On the opposite side of the floor, the primary bedroom features privacy and comfort. The en-suite primary bathroom boasts a double vanity and a walk-in shower with glass panels. The spacious walk-in closet is bathed in natural light, thanks to a window that brightens the space. The primary bedroom features a large window, filling the room with extra light. With its smart design, natural lighting, spacious layout, and modern finishes, this townhome is a wonderful place to call home. Pictures are representative.

  16. 2026-04-24
    listed $217,900 Active
    Show marketing remark (1275 chars)

    Check out 776 Embark Circle, a beautifully designed townhome featuring three bedrooms, two and a half bathrooms, and a one-car garage in our Covington Village Community. The open-concept layout is perfect for entertaining, ensuring you’re always part of the action. Upon entering, you'll be welcomed by a spacious foyer that leads into the living and dining areas. The kitchen provides ample storage and features a glass door that seamlessly connects the indoors with the patio, enhancing your living experience. A conveniently located half bathroom is situated off the living room. Moving upstairs, you’ll find two bedrooms, which share a bathroom complete with a vanity and tub. The upstairs laundry room is also ideally located for easy access. On the opposite side of the floor, the primary bedroom features privacy and comfort. The en-suite primary bathroom boasts a double vanity and a walk-in shower with glass panels. The spacious walk-in closet is bathed in natural light, thanks to a window that brightens the space. The primary bedroom features a large window, filling the room with extra light. With its smart design, natural lighting, spacious layout, and modern finishes, this townhome is a wonderful place to call home. Pictures are representative.

  17. 2024-07-25
    soldstatus $1,122,027

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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$21,255
− Mortgage interest
−$12,293
− Property taxes
−$3,292
− Insurance
−$1,097
− Repairs & maintenance
−$1,700
− Management
−$1,700
− Depreciation
−$6,384
Taxable loss
−$5,211
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,251
After-tax cash flow
$-157/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.

Condition & rehab AI · 7 photos

Excellent 95/100 None rehab

This beautifully designed townhome in Covington Village Community is move-in ready with excellent condition and no visible repairs needed. It offers a spacious open-concept layout, two and a half bathrooms, and a well-maintained exterior. Potential buyers will appreciate the modern updates and curb appeal.

Value-add opportunities

  • Both Painting exterior and interior walls — Enhances curb appeal and interior aesthetics.
  • Both Landscaping improvements — Enhances curb appeal and adds value.
  • Resale Kitchen appliances — Modernizes the kitchen and appeals to potential buyers.
  • Resale Bathroom fixtures — Modernizes bathrooms and appeals to potential buyers.
C Composite school gradezoned avg 64/100

Zoned Schools

Elementary Reidville Elementary C+ SC #102/597 Nat'l #8,534/41,679 Middle Berry Shoals Intermediate C SC #36/229 Nat'l #3,276/14,009 High James Byrnes Freshman Academy A SC #12/196 Nat'l #704/17,239

Schools (NCES district)

District
Spartanburg 05
NCES district ID
4503600
Math proficiency
45% ▼ -11.00%
Reading proficiency
51% ▬ 0.00%
Median HH income
$52,127
Composite
41.31/100
National rank
#3512
State rank
#13 of 80 in SC
A Composite livability gradescore 81/100

Livability — Greer

Score
81/100
State rank
#7
US rank
#1463

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Greer, SC
County
Greenville County · 325,495 people
City population
99,092
Metro
Greenville-Anderson, SC
Population (ZIP)
56,599
Household income
$82,705
Rent vs Own
19.2% rent · 80.8% own
Severe rent burden
8% of renters

Population outlook (Spartanburg County) Hauer SSP2

Today (2025)
325,495 people
By 2030
338,800 · +4.1%
By 2040
363,471 · +11.7%
By 2050
384,156 · +18.0%
By 2075
430,137 · +32.1%
By 2100
442,733 · +36.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (73%)
Race & ethnicity
White 73% Hispanic / Latino 11% Black 11% Two or more races 9% Asian 1%
Hispanic origin (detail)
Mexican 6% Puerto Rican 1%
Common ancestry
Serbian 3% Slovak 2% Romanian 2%
Foreign-born
7% · Canada, Jamaica
Languages at home
89% English-only · Spanish 8% Other Indo-European 1% German/W. Germanic 1%

Political lean MEDSL · Spartanburg

2024 margin
Solid R (+33.6) · D 32.6% · R 66.2% · Other 1.2%
2008→2024 swing
-12.0pp toward R · 2008: -21.6pp · 2024: -33.6pp
All cycles
2024: R+33.6 2020: R+27.3 2016: R+30.0 2012: R+23.1 2008: R+21.6

Not yet ingested

Civics

Price history

-80.6% since first listed
5 events — show timeline
  • 2026-05-08 Pending SPMLS
  • 2026-05-08 Pending Greater Greenville MLS
  • 2026-04-24 Listed $217,900 Greater Greenville MLS
  • 2026-04-24 Listed $217,900 SPMLS
  • 2024-07-25 Sold (Public Records) $1,122,027 Public Records

Property tax history

-0.2%/yr

Latest (2025): $66 · -0.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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