905 Bream Cir · Santee, SC 29142

$293,120

3 bd · 2.5 ba · 1,518 sqft · SingleFamily

Built 2024 0.31 ac lot Est $272k · 8% over $43/mo HOA · 2% 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 +7.5/30.0
• Appreciation +6.7/10.0
• Schools +5.0/10.0
• ARV discount +4.0/15.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.4/10.0
• DSCR +1.6/10.0

Listing remarks MLS

Newly Released! Looking for that spacious backyard? This lot with the Brandon floorplan has it. The Brandon features everything you're looking for in a new home including a functional floorplan perfect for today's living. As you enter, you can't help but notice the contemporary design and open layout as it seamlessly integrates the living, dining and kitchen areas creating a lively and spacious atmosphere, ideal for everyday living. On the first floor, you'll find the gorgeous kitchen with granite countertops, stylish white cabinetry, a breakfast bar, and a suite of stainless-steel appliances as well as a sizeable eating area. The first floor also boasts the living area and a half bath, perfect for entertaining!Upstairs the primary suite has a spacious walk-in closet and private bathroom complete with a cultured marble double-sink vanity and walk-in shower. The second floor also has two large bedrooms conveniently located adjacent to a dedicated laundry room and second full bath. Relax and enjoy your oversized professionally landscaped backyard which backs up to a private wooded area. Center Pointe is conveniently located in the heart of Santee, South Carolina only minutes from I-95 with deep water access to Lake Marion from nearby public boat landings. This is one of South Carolina's top golf destinations with three courses within just 2 miles of the community. Enjoy world class freshwater fishing or stop by one of the locally owned restaurants. Within just a few miles, you can visit several top tourist spots such as Santee State Park along Lake Marion which offers camping, cabin rentals and pier fishing. Spend the day at Orangeburg County Recreation and Water Park, a seasonal County Waterpark with a wheel-chair accessible pool or explore Santee National Wildlife Refuge for wildlife viewing. Center Pointe is just a short commute via I-95 to I-26 to major employers like Boeing and Volvo. All new homes include D.R. Horton's Home is Connected® package, an industry leading suite of smart home products that keeps homeowners connected with the people and places they value most. This smart technology allows homeowners to monitor and control their home from their couch or across the globe. Products include touchscreen interface, video doorbell, front door light, z-wave t-stat, and keyless door lock all of which are controlled by an included Alexa Dot and smartphone app with voice! Call to schedule your showing today and start envisioning your new life surrounded by nature's beauty! *Square footage dimensions are approximate. The photos you see here are for illustration purposes only, interior, and exterior features, options, colors and selections will differ. Please reach out to sales agent for options.

Key facts

• 0.31 acre lot
• Garage
• Built 2024

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $293k.

Deal economics

• At list price, monthly cash flow is $-366 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $240k (18.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $216k (26.5% below list).
• Recommended offer: $216k (26.5% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 61/100 on livability (#202 in SC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+; Watch: crime F, amenities F, commute F.
• Market conditions: 154 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 87 units permitted in Orangeburg County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $12k of equity ($2k loan paydown + $10k appreciation (3.5% local appreciation)).
• Orangeburg County population projected at -27% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• By year 3, paydown + projected appreciation supports a ~$30k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 0 days on market — expect competitive offers; lowballing is unlikely to land.

Recommended offer $215,519 (26.5% 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 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. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. 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?
7. 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.
8. 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.
9. 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: 0.74% ✗
• Cap rate: 4.79%
• Cash-on-cash: -5.35%
• DSCR: 0.76
• GRM: 11.3

CMA / ARV

• ARV (on-the-fly): $271,722
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
612 Perch Ln	0.07mi	3/2.5	1,517 (-0%)	3mo	$283,900	$187	94
677 Perch Ln	0.15mi	3/2.5	1,517 (-0%)	10mo	$269,850	$178	84
624 Perch Ln	0.09mi	4/2.0 (+1)	1,482 (-2%)	1mo	$262,900	$177	84
908 Bream Cir	0.02mi	4/2.0 (+1)	1,482 (-2%)	8mo	$262,325	$177	81
904 Bream Cir	0.03mi	3/2.5	1,360 (-10%)	8mo	$281,000	$207	75
740 Striped Bass Ct	0.15mi	4/2.0 (+1)	1,482 (-2%)	9mo	$269,850	$182	75
681 Perch Ln	0.16mi	4/2.0 (+1)	1,482 (-2%)	9mo	$252,900	$171	74
657 Perch Ln	0.15mi	4/2.0 (+1)	1,482 (-2%)	10mo	$264,850	$179	74
748 Striped Bass Ct	0.17mi	3/2.5	1,360 (-10%)	5mo	$265,900	$196	71
3 John Fothergill Cir	0.36mi	2/2.0 (-1)	1,518 (0%)	12mo	$192,250	$127	66
5 John Fothergill Cir	0.37mi	2/2.0 (-1)	1,405 (-7%)	10mo	$214,500	$153	55
213 Myrtlewood Dr	0.75mi	3/2.0	1,610 (+6%)	10mo	$365,000	$227	45

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

Projected returns pro-forma

3.47% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 4.0%
• Equity multiple: 1.24×
• Total profit: $19,465
• Equity at exit: $139,684

10-year hold

• IRR: 7.1%
• Equity multiple: 2.13×
• Total profit: $93,095
• Equity at exit: $221,611

Cash invested: $82,074 (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 29142

• Home prices YoY: 1.8%
• Active inventory: 154
• Price-to-rent: 11.3×

Monthly cashflow live

• Estimated rent: $2,155 medium
• Mortgage (P&I): −$1,537
• Tax est. 1.5%: −$366 /mo · $4,397/yr
• Insurance: −$122
• HOA: −$43
• Vacancy / Maint / Mgmt: −$453
• Net cashflow: $-366

Break-even live

Break-even rent $2,619

Max offer price $240,147

Occupancy floor —

Sensitivity live

Price	-10% $-164	-5% $-265	+0% $-366	+5% $-467	+10% $-569
Rent	-10% $-536	-5% $-451	+0% $-366	+5% $-281	+10% $-196
Rate	-1.0pp $-218	-0.5pp $-292	base $-366	+0.5pp $-442	+1.0pp $-519

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: $73,280
• Closing costs: $8,794
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
764 Striped Bass Ct Santee, SC	3.0	2.0	1183	$2,000	$1.69	24d	1	0.20mi
208 Trillium Ct Santee, SC	3.0	3.0	1500	$2,100	$1.40	24d	1	0.99mi
127 Ballard Ln Santee, SC	2.0	2.0	1300	$2,999	$2.31	24d	1	1.11mi

HOA detail

• Monthly dues: $43 · $516/yr
• Likely covers: waterpool

Listing history 4 events

1. 2025-03-31
   soldstatus $293,120 Closed 2754-char remark

   Show marketing remark (2754 chars)

   Newly Released! Looking for that spacious backyard? This lot with the Brandon floorplan has it. The Brandon features everything you're looking for in a new home including a functional floorplan perfect for today's living. As you enter, you can't help but notice the contemporary design and open layout as it seamlessly integrates the living, dining and kitchen areas creating a lively and spacious atmosphere, ideal for everyday living. On the first floor, you'll find the gorgeous kitchen with granite countertops, stylish white cabinetry, a breakfast bar, and a suite of stainless-steel appliances as well as a sizeable eating area. The first floor also boasts the living area and a half bath, perfect for entertaining!Upstairs the primary suite has a spacious walk-in closet and private bathroom complete with a cultured marble double-sink vanity and walk-in shower. The second floor also has two large bedrooms conveniently located adjacent to a dedicated laundry room and second full bath. Relax and enjoy your oversized professionally landscaped backyard which backs up to a private wooded area. Center Pointe is conveniently located in the heart of Santee, South Carolina only minutes from I-95 with deep water access to Lake Marion from nearby public boat landings. This is one of South Carolina's top golf destinations with three courses within just 2 miles of the community. Enjoy world class freshwater fishing or stop by one of the locally owned restaurants. Within just a few miles, you can visit several top tourist spots such as Santee State Park along Lake Marion which offers camping, cabin rentals and pier fishing. Spend the day at Orangeburg County Recreation and Water Park, a seasonal County Waterpark with a wheel-chair accessible pool or explore Santee National Wildlife Refuge for wildlife viewing. Center Pointe is just a short commute via I-95 to I-26 to major employers like Boeing and Volvo. All new homes include D.R. Horton's Home is Connected® package, an industry leading suite of smart home products that keeps homeowners connected with the people and places they value most. This smart technology allows homeowners to monitor and control their home from their couch or across the globe. Products include touchscreen interface, video doorbell, front door light, z-wave t-stat, and keyless door lock all of which are controlled by an included Alexa Dot and smartphone app with voice! Call to schedule your showing today and start envisioning your new life surrounded by nature's beauty! *Square footage dimensions are approximate. The photos you see here are for illustration purposes only, interior, and exterior features, options, colors and selections will differ. Please reach out to sales agent for options.

2. 2025-02-17
   status Pending 2754-char remark

   Show marketing remark (2754 chars)

   Newly Released! Looking for that spacious backyard? This lot with the Brandon floorplan has it. The Brandon features everything you're looking for in a new home including a functional floorplan perfect for today's living. As you enter, you can't help but notice the contemporary design and open layout as it seamlessly integrates the living, dining and kitchen areas creating a lively and spacious atmosphere, ideal for everyday living. On the first floor, you'll find the gorgeous kitchen with granite countertops, stylish white cabinetry, a breakfast bar, and a suite of stainless-steel appliances as well as a sizeable eating area. The first floor also boasts the living area and a half bath, perfect for entertaining!Upstairs the primary suite has a spacious walk-in closet and private bathroom complete with a cultured marble double-sink vanity and walk-in shower. The second floor also has two large bedrooms conveniently located adjacent to a dedicated laundry room and second full bath. Relax and enjoy your oversized professionally landscaped backyard which backs up to a private wooded area. Center Pointe is conveniently located in the heart of Santee, South Carolina only minutes from I-95 with deep water access to Lake Marion from nearby public boat landings. This is one of South Carolina's top golf destinations with three courses within just 2 miles of the community. Enjoy world class freshwater fishing or stop by one of the locally owned restaurants. Within just a few miles, you can visit several top tourist spots such as Santee State Park along Lake Marion which offers camping, cabin rentals and pier fishing. Spend the day at Orangeburg County Recreation and Water Park, a seasonal County Waterpark with a wheel-chair accessible pool or explore Santee National Wildlife Refuge for wildlife viewing. Center Pointe is just a short commute via I-95 to I-26 to major employers like Boeing and Volvo. All new homes include D.R. Horton's Home is Connected® package, an industry leading suite of smart home products that keeps homeowners connected with the people and places they value most. This smart technology allows homeowners to monitor and control their home from their couch or across the globe. Products include touchscreen interface, video doorbell, front door light, z-wave t-stat, and keyless door lock all of which are controlled by an included Alexa Dot and smartphone app with voice! Call to schedule your showing today and start envisioning your new life surrounded by nature's beauty! *Square footage dimensions are approximate. The photos you see here are for illustration purposes only, interior, and exterior features, options, colors and selections will differ. Please reach out to sales agent for options.

3. 2025-02-11
   price $293,120 2754-char remark

   Show marketing remark (2754 chars)

   Newly Released! Looking for that spacious backyard? This lot with the Brandon floorplan has it. The Brandon features everything you're looking for in a new home including a functional floorplan perfect for today's living. As you enter, you can't help but notice the contemporary design and open layout as it seamlessly integrates the living, dining and kitchen areas creating a lively and spacious atmosphere, ideal for everyday living. On the first floor, you'll find the gorgeous kitchen with granite countertops, stylish white cabinetry, a breakfast bar, and a suite of stainless-steel appliances as well as a sizeable eating area. The first floor also boasts the living area and a half bath, perfect for entertaining!Upstairs the primary suite has a spacious walk-in closet and private bathroom complete with a cultured marble double-sink vanity and walk-in shower. The second floor also has two large bedrooms conveniently located adjacent to a dedicated laundry room and second full bath. Relax and enjoy your oversized professionally landscaped backyard which backs up to a private wooded area. Center Pointe is conveniently located in the heart of Santee, South Carolina only minutes from I-95 with deep water access to Lake Marion from nearby public boat landings. This is one of South Carolina's top golf destinations with three courses within just 2 miles of the community. Enjoy world class freshwater fishing or stop by one of the locally owned restaurants. Within just a few miles, you can visit several top tourist spots such as Santee State Park along Lake Marion which offers camping, cabin rentals and pier fishing. Spend the day at Orangeburg County Recreation and Water Park, a seasonal County Waterpark with a wheel-chair accessible pool or explore Santee National Wildlife Refuge for wildlife viewing. Center Pointe is just a short commute via I-95 to I-26 to major employers like Boeing and Volvo. All new homes include D.R. Horton's Home is Connected® package, an industry leading suite of smart home products that keeps homeowners connected with the people and places they value most. This smart technology allows homeowners to monitor and control their home from their couch or across the globe. Products include touchscreen interface, video doorbell, front door light, z-wave t-stat, and keyless door lock all of which are controlled by an included Alexa Dot and smartphone app with voice! Call to schedule your showing today and start envisioning your new life surrounded by nature's beauty! *Square footage dimensions are approximate. The photos you see here are for illustration purposes only, interior, and exterior features, options, colors and selections will differ. Please reach out to sales agent for options.

4. 2024-12-29
   listed $292,230 Active 2754-char remark

   Show marketing remark (2754 chars)

   Newly Released! Looking for that spacious backyard? This lot with the Brandon floorplan has it. The Brandon features everything you're looking for in a new home including a functional floorplan perfect for today's living. As you enter, you can't help but notice the contemporary design and open layout as it seamlessly integrates the living, dining and kitchen areas creating a lively and spacious atmosphere, ideal for everyday living. On the first floor, you'll find the gorgeous kitchen with granite countertops, stylish white cabinetry, a breakfast bar, and a suite of stainless-steel appliances as well as a sizeable eating area. The first floor also boasts the living area and a half bath, perfect for entertaining!Upstairs the primary suite has a spacious walk-in closet and private bathroom complete with a cultured marble double-sink vanity and walk-in shower. The second floor also has two large bedrooms conveniently located adjacent to a dedicated laundry room and second full bath. Relax and enjoy your oversized professionally landscaped backyard which backs up to a private wooded area. Center Pointe is conveniently located in the heart of Santee, South Carolina only minutes from I-95 with deep water access to Lake Marion from nearby public boat landings. This is one of South Carolina's top golf destinations with three courses within just 2 miles of the community. Enjoy world class freshwater fishing or stop by one of the locally owned restaurants. Within just a few miles, you can visit several top tourist spots such as Santee State Park along Lake Marion which offers camping, cabin rentals and pier fishing. Spend the day at Orangeburg County Recreation and Water Park, a seasonal County Waterpark with a wheel-chair accessible pool or explore Santee National Wildlife Refuge for wildlife viewing. Center Pointe is just a short commute via I-95 to I-26 to major employers like Boeing and Volvo. All new homes include D.R. Horton's Home is Connected® package, an industry leading suite of smart home products that keeps homeowners connected with the people and places they value most. This smart technology allows homeowners to monitor and control their home from their couch or across the globe. Products include touchscreen interface, video doorbell, front door light, z-wave t-stat, and keyless door lock all of which are controlled by an included Alexa Dot and smartphone app with voice! Call to schedule your showing today and start envisioning your new life surrounded by nature's beauty! *Square footage dimensions are approximate. The photos you see here are for illustration purposes only, interior, and exterior features, options, colors and selections will differ. Please reach out to sales agent for options.

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

Taxation est. · year 1

• Rental income: $25,862
• − Mortgage interest: −$16,419
• − Property taxes: −$4,397
• − Insurance: −$1,466
• − Repairs & maintenance: −$2,069
• − Management: −$2,069
• − HOA: −$516
• − Depreciation: −$8,527
• Taxable loss: −$9,600
• Est. tax savings @ 24.0%: +$2,304
• After-tax cash flow: $-2,089/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)

No district data.

Livability — Santee

• Score: 61/100
• State rank: #202
• US rank: #17354

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Santee, SC
• Population (ZIP): 4,658

Population outlook (Orangeburg County) Hauer SSP2

• Today (2025): 82,698 people
• By 2030: 78,615 · -4.9%
• By 2040: 69,308 · -16.2%
• By 2050: 60,629 · -26.7%
• By 2075: 42,678 · -48.4%
• By 2100: 28,136 · -66.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority Black (64%)
• Race & ethnicity: Black 64% White 31% Asian 3% Hispanic / Latino 2%
• Common ancestry: Lithuanian 2% Romanian 2%
• Foreign-born: 1%
• Languages at home: 96% English-only · Other Indo-European 2% Spanish 1%

Political lean MEDSL · Orangeburg

• 2024 margin: Strong D (+24.6) · D 61.8% · R 37.2% · Other 1.1%
• 2008→2024 swing: -13.5pp toward R · 2008: 38.1pp · 2024: 24.6pp
• All cycles: 2024: D+24.6 2020: D+33.2 2016: D+37.0 2012: D+43.5 2008: D+38.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.47%
• Current HPI: 193.5623
• Rent YoY: —
• Metro: —
• 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

+0.3% since first listed

4 events — show timeline

• 2025-03-31 Sold (MLS) $293,120 Charleston Trident MLS
• 2025-02-17 Pending — Charleston Trident MLS
• 2025-02-11 Price Changed $293,120 Charleston Trident MLS
• 2024-12-29 Listed $292,230 Charleston Trident MLS