2 Cane Break Ct · Blythewood, SC 29229

$234,900

3 bd · 3.0 ba · 1,196 sqft · SingleFamily public records · 107 Days on market

Built 1997 9,147 sqft lot $15/mo HOA · 1% of rent

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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 +12.5/30.0
• ARV discount +7.5/15.0
• DSCR +3.7/10.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• Rent growth +3.2/5.0
• 1% rule +2.5/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Cute raised ranch in convenient NE location featuring 1840 sf, 3 BR and 2.5 baths. Owner's suite offers his/her closets, double vanity and a private bath. Two additional spacious bedrooms share a hall bath. The lower level has a spacious family room and half bath that offers separate living space. See the floor plan in the virtual tour. New kitchen floor 4/2025. HVAC 2025. Lots of possibilities here. The washer, dryer and refrigerator will remain with the house. Seller will help with some buyer closing costs. DISCLAIMER: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors wh

Key facts

• 9,147 sq ft lot
• 2 garage spots
• Built 1997

Property features AI

Finance

• Other: Paved road access
• HOA & community: Community association (association fee includes common area maintenance)

Exterior

• Parking: Attached garage with 2 spaces (garage level: lower)
• Utilities: Public water; Public sewer
• Home design: Single-family property; Slab foundation
• Construction: Vinyl exterior; Slab foundation
• Exterior features: Uncovered back porch; Vinyl exterior finish; Wood rear-only fence

Interior

• Kitchen: Eat-in kitchen; Formica countertops; Dishwasher; Disposal; Refrigerator; Free-standing range
• Bedrooms: Main-level primary bedroom with double vanity, his and hers closets, and a private bath; Additional bedrooms on main level
• Flooring: Carpet and vinyl flooring in at least one bedroom; Cathedral ceilings in formal living and dining rooms
• Bathrooms: Two full bathrooms; One half bathroom (lower level)
• Heating & cooling: Central cooling; Central heating with electric and heat pump on the first level
• Interior features: Attic access; Finished lower level; Free-standing range; Electric water heater
• Laundry & utility: Laundry in closet (washer and dryer included); Washer and dryer present

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath single-family listed at $235k.

Deal economics

• At list price, monthly cash flow is $-33 ($-395/yr) — negative.
• To cash-flow at today's rent, offer at most $229k (2.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $176k (25.2% below list).
• Recommended offer: $176k (25.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 70/100 on livability (#58 in SC) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Richland 02 (suburban): math 35% / reading 47% proficiency, ranked #29 of 80 in SC (top 36%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Sandlapper Elementary (math 30% / reading 34%, grade F, #369 of 597 statewide, top 64%, 656 students, 71% FRL); Ridge View High (math 43% / reading 76%, grade C+, #110 of 196 statewide, top 58%, 1,711 students, 60% FRL) — zoned schools average 66% FRL vs 38% district-wide (27 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+2.8%/yr); 406 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals leasing fast (median 11d on market — plan ~1-2 weeks tenant-placement turnaround); 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 $7k 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 107 days — a 9% lower offer ($214k) is reasonable based on typical stale-listing flexibility.
• 3 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.
• Current owner paid $125k; list at $235k implies a 88% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $175,694 (25.2% 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 107 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 6.12%
• Cash-on-cash: -0.60%
• DSCR: 0.97
• GRM: 11.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.81% rent growth · sell at horizon

5-year hold

• IRR: -17.5%
• Equity multiple: 0.38×
• Total profit: $-40,592
• Equity at exit: $35,024

10-year hold

• IRR: -10.0%
• Equity multiple: 0.39×
• Total profit: $-39,814
• Equity at exit: $20,310

Cash invested: $65,772 (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 29229

• Home prices YoY: -21.5%
• Rents YoY: 2.8%
• Active inventory: 406
• Price-to-rent: 11.1×

Monthly cashflow live

• Estimated rent: $1,757 high
• Mortgage (P&I): −$1,232
• Tax from tax record: −$76 /mo · $914/yr
• Insurance: −$98
• HOA: −$15
• Vacancy / Maint / Mgmt: −$369
• Net cashflow: $-33

Break-even live

Break-even rent $1,799

Max offer price $229,088

Occupancy floor 97%

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: $58,725
• Closing costs: $7,047
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
201 Trowbridge Rd Columbia, SC	3.0	2.0	1220	$1,649	$1.35	23d	1	0.23mi
4500 Hard Scrabble Rd Columbia, SC	1.0–3.0	1.0–2.0	1031	$1,455	$1.41	2d	4	0.83mi
108 Quinton Ln Columbia, SC	3.0	2.0	1052	$1,749	$1.66	21d	1	0.85mi
214 Elders Pond Dr Columbia, SC	3.0	2.5	1400	$1,350	$0.96	11d	1	0.87mi
21 Winslow Ct Columbia, SC	3.0	2.0	1220	$1,649	$1.35	21d	1	0.87mi
3 Glen Knoll Ct Columbia, SC	3.0	2.0	1320	$1,699	$1.29	11d	1	0.91mi
1116 Waverly Place Ln Columbia, SC	3.0	2.0	1428	$1,875	$1.31	14d	1	1.03mi
423 Elders Pond Cir Columbia, SC	2.0	2.0	1125	$1,475	$1.31	19d	1	1.04mi
225 Lawson Dr Columbia, SC	2.0	2.0	1288	$1,580	$1.23	23d	1	1.07mi
508 Longtown Rd Columbia, SC	1.0–3.0	1.0–2.0	984	$1,316	$1.34	3d	26	1.08mi
1214 Waverly Place Ln Columbia, SC	3.0	2.0	1152	$1,800	$1.56	11d	1	1.14mi
109 Jaybird Ln Columbia, SC	3.0	2.0	1250	$1,679	$1.34	2d	1	1.19mi
3 Long Glen Ct Columbia, SC	3.0	2.0	1314	$1,849	$1.41	2d	1	1.29mi

HOA detail

• Monthly dues: $15 · $180/yr

Listing history 25 events

1. 2026-06-18
   days on market $234,900 Active 107 DOM
2. 2026-06-17
   days on market $234,900 Active 106 DOM
3. 2026-06-16
   days on market $234,900 Active 105 DOM
4. 2026-06-15
   days on market $234,900 Active 104 DOM
5. 2026-06-14
   days on market $234,900 Active 102 DOM
6. 2026-06-13
   days on market $234,900 Active 101 DOM
7. 2026-06-10
   days on market $234,900 Active 99 DOM
8. 2026-06-09
   days on market $234,900 Active 98 DOM
9. 2026-06-08
   days on market $234,900 Active 97 DOM
10. 2026-06-07
    days on market $234,900 Active 96 DOM
11. 2026-06-05
    days on market $234,900 Active 93 DOM
12. 2026-06-03
    days on market $234,900 Active 92 DOM
13. 2026-06-03
    days on market $234,900 Active 91 DOM
14. 2026-06-01
    days on market $234,900 Active 90 DOM
15. 2026-05-31
    days on market $234,900 Active 89 DOM
16. 2026-04-08
    price $234,900
17. 2026-03-03
    listed $239,900 Active
18. 2026-03-03
    historical
19. 2026-01-16
    price $239,900
20. 2025-11-01
    price $244,900
21. 2025-08-04
    listed $249,000 Active
22. 2025-08-02
    historical
23. 2025-04-25
    listed $250,000 Active
24. 2006-05-12
    soldstatus $125,000
25. 1997-10-30
    soldstatus $16,500

ⓘ 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: $914 · $76/mo
• Projected year-2 tax: $1,339 · $112/mo
• Expected delta: +$425/yr (+$35/mo · 46.5%)

ⓘ 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 · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 6/10 Major

Taxation est. · year 1

• Rental income: $21,083
• − Mortgage interest: −$13,158
• − Property taxes: −$914
• − Insurance: −$1,174
• − Repairs & maintenance: −$1,687
• − Management: −$1,687
• − HOA: −$180
• − Depreciation: −$6,833
• Taxable loss: −$4,550
• Est. tax savings @ 24.0%: +$1,092
• After-tax cash flow: $697/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: Richland 02
• NCES district ID: 4503390
• Math proficiency: 35% ▼ -15.00%
• Reading proficiency: 47% ▼ -5.00%
• Median HH income: $59,684
• Composite: 36.2/100
• National rank: #4730
• State rank: #29 of 80 in SC

Livability — Blythewood

• Score: 70/100
• State rank: #58
• US rank: #7406

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Richland County · 389,530 people
• City population: 30,454
• Metro: Columbia, SC
• Population (ZIP): 51,861
• Household income: $74,043
• Rent vs Own: 29.9% rent · 70.1% own
• Severe rent burden: 1939.0

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: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: Black 62% White 24% Hispanic / Latino 8% Two or more races 6% Asian 3%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2%
• Common ancestry: Slovak 1% Lithuanian 1% Romanian 1%
• Foreign-born: 7% · Canada, South Korea, Jamaica
• Languages at home: 89% English-only · Spanish 6% Other Indo-European 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: ▼ -51.11%
• Current HPI: 186.782
• Rent YoY: ▲ 2.81%
• 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

+1323.6% since first listed

10 events — show timeline

• 2026-04-08 Price Changed $234,900 Consolidated MLS
• 2026-03-03 Listed $239,900 Consolidated MLS
• 2026-03-03 Delisted — Consolidated MLS
• 2026-01-16 Price Changed $239,900 Consolidated MLS
• 2025-11-01 Price Changed $244,900 Consolidated MLS
• 2025-08-04 Listed $249,000 Consolidated MLS
• 2025-08-02 Delisted — Consolidated MLS
• 2025-04-25 Listed $250,000 Consolidated MLS
• 2006-05-12 Sold (Public Records) $125,000 Public Records
• 1997-10-30 Sold (Public Records) $16,500 Public Records

Property tax history

+2.1%/yr

Latest (2025): $914 · +3.6% YoY. Source: county tax records.