141 Green Thistle Way · Summerville, SC 29483

$256,980

3 bd · 2.5 ba · 1,935 sqft · Townhouse · 1 Days on market

Built 2026 Good condition $133/sqft · 12% below area Est $291k · 12% under

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Why this score? — see what drove the C- 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 +14.8/30.0
• ARV discount +12.8/15.0
• Schools +5.6/10.0
• DSCR +4.5/10.0
• 1% rule +4.1/10.0
• Condition / age +4.0/5.0
• Livability +3.2/5.0
• Rent growth +2.9/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Ready for move in. Welcome to Dawson Pointe, where modern townhome living meets the ease of condo ownership. This new two-story home is host to an inviting open-concept layout on the first floor, with a nearby patio offering simple indoor-outdoor living. All three bedrooms are located on the second floor for optimal comfort and privacy, including a lavish owner's suite with a full bathroom and walk-in closet, surrounding a versatile loft space. ***Pictures shown are of model home for conceptual purposes.

Key facts

• Sunny family room
• Intimate dining room
• Versatile loft

Tags

• OPEN-CONCEPT MAIN LIVING AREA
• FULLY EQUIPPED KITCHEN
• INTIMATE DINING ROOM
• SUNNY FAMILY ROOM
• DIRECT PATIO ACCESS
• VERSATILE LOFT

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath townhouse listed at $257k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $72 ($864/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $234k (9.0% below list).
• Recommended offer: $234k (9.0% below list) — sets the bar for 1% rule.
• Cap rate 6.6% vs local median 3.9% in Summerville — 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 63/100 on livability (#167 in SC) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living B+; Watch: amenities F, commute F, health & safety F.
• Dorchester 02 (suburban): math 40% / reading 55% proficiency, ranked #12 of 80 in SC (top 15%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: William M. Reeves Elementary (math 51% / reading 55%, grade C, #138 of 597 statewide, top 24%, 914 students, 62% FRL); Charles B. Dubose Middle (math 30% / reading 45%, grade F, #90 of 229 statewide, top 42%, 950 students, 62% FRL); Summerville High (math 60% / reading 92%, grade A-, #34 of 196 statewide, top 17%, 3,308 students, 59% FRL) — zoned schools average 61% FRL vs 36% district-wide (25 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.4%/yr); 1055 active listings in the ZIP; 33 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,199 units permitted in Dorchester County in 2024 (0 in 5+ unit buildings).
• This rent runs 33% of the median local income ($86k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Dorchester County population projected at +43% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.

Recommended offer $233,917 (9.0% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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.
4. 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.
5. 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: 0.91% ✗
• Cap rate: 6.63%
• Cash-on-cash: 1.20%
• DSCR: 1.05
• GRM: 9.2

CMA / ARV

• ARV (median comp): $291,052
• List price: $256,980
• Delta: -11.71%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
266 Cloverleaf Acres Ln	0.61mi	4/2.5 (+1)	1,884 (-3%)	0mo	$377,150	$200	62
119 Gaura Ln	0.82mi	3/2.5	1,777 (-8%)	6mo	$275,000	$155	47
159 Dream St	0.74mi	4/2.5 (+1)	2,069 (+7%)	6mo	$320,000	$155	44
102 Dream St	0.70mi	3/3.5	1,724 (-11%)	2mo	$295,000	$171	44
131 Gaura Ln	0.85mi	3/2.5	1,777 (-8%)	11mo	$278,000	$156	42
130 Gaura Ln	0.85mi	3/2.5	1,554 (-20%)	1mo	$261,000	$168	39
121 Dream St	0.73mi	4/2.5 (+1)	1,781 (-8%)	17mo	$300,000	$168	34
124 Bright Meadow Rd	0.66mi	4/2.5 (+1)	2,258 (+17%)	9mo	$310,000	$137	32
126 Gaura Ln	0.84mi	3/2.5	1,554 (-20%)	11mo	$265,000	$171	31
116 Bright Meadow Rd	0.64mi	4/2.5 (+1)	2,260 (+17%)	14mo	$315,000	$139	28
116 Gaura Ln	0.82mi	3/2.5	1,644 (-15%)	15mo	$275,000	$167	28
128 Gaura Ln	0.85mi	3/2.5	1,644 (-15%)	17mo	$240,000	$146	26

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 · 1.45% rent growth · sell at horizon

5-year hold

• IRR: -16.1%
• Equity multiple: 0.44×
• Total profit: $-40,613
• Equity at exit: $38,317

10-year hold

• IRR: -10.8%
• Equity multiple: 0.39×
• Total profit: $-43,606
• Equity at exit: $22,219

Cash invested: $71,954 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 16 active · 7 under contract
• Months of supply: 24.0 mo (4%/mo absorbed)
• Median asking: $259,570 ($150/sqft)
• Median days on market: 69 d
• This list price: 31% of active listings are priced below it
• ARV vs active asking: +0.3% vs current asking $/sqft

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

ZIP-level market 29483

• Home prices YoY: -34.6%
• Rents YoY: 1.4%
• Active inventory: 1055
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $2,339 high
• Mortgage (P&I): −$1,348
• Tax est. 1.5%: −$321 /mo · $3,855/yr
• Insurance: −$107
• HOA: −$0
• Vacancy / Maint / Mgmt: −$491
• Net cashflow: $72

Break-even live

Break-even rent $2,248

Max offer price $256,980

Occupancy floor 92%

Sensitivity live

Price	-10% $250	-5% $161	+0% $72	+5% $-17	+10% $-106
Rent	-10% $-113	-5% $-20	+0% $72	+5% $164	+10% $257
Rate	-1.0pp $201	-0.5pp $137	base $72	+0.5pp $5	+1.0pp $-62

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: $64,245
• Closing costs: $7,709
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 33 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1000 N Pine St Summerville, SC	3.0	1.0–3.0	1036	$2,750	$2.65	0d	80	0.04mi
221 Berwick Dr Summerville, SC	3.0	3.0	2284	$2,500	$1.09	143d	1	0.46mi
108 Sarmiento Ln Summerville, SC	4.0	2.5	1798	$2,372	$1.32	2d	1	0.51mi
147 Cloverleaf St Summerville, SC	4.0	2.5	2356	$2,395	$1.02	123d	1	0.62mi
226 Saint Catherines Ct Unit Retreat Summerville, SC	3.0	2.5	1540	$2,000	$1.30	164d	1	0.63mi
226 Saint Catherines Ct Unit Carlile Summerville, SC	3.0	2.5	1540	$2,100	$1.36	164d	1	0.63mi
107 Woodvine Way Summerville, SC	4.0	2.0	2174	$2,400	$1.10	10d	1	0.69mi
2001 Baltusrol Ct Summerville, SC	3.0	2.5	2429	$2,700	$1.11	108d	1	0.70mi
228 Longford Dr Summerville, SC	3.0	2.5	1778	$2,277	$1.28	2d	1	0.72mi
263 Longford Dr Summerville, SC	3.0	2.5	1778	$1,650	$0.93	31d	1	0.73mi
212 Longford Dr Summerville, SC	4.0	2.5	2100	$2,450	$1.17	160d	1	0.78mi
114 Whispering Wood Dr Summerville, SC	4.0	2.5	1885	$2,326	$1.23	108d	1	0.78mi
208 Longford Dr Summerville, SC	4.0	2.5	2156	$2,616	$1.21	108d	1	0.80mi
126 Pecan Dr Summerville, SC	4.0	3.0	2415	$2,596	$1.07	7d	1	0.80mi
108 Danielle Ln Summerville, SC	4.0	2.5	2391	$2,750	$1.15	107d	1	0.80mi
1020 Crooked Stick Ct Summerville, SC	4.0	2.5	1950	$2,295	$1.18	2d	1	0.82mi
134 Trickle Dr Summerville, SC	4.0	2.5	1898	$2,381	$1.25	43d	1	0.84mi
217 Lapping Waters Dr Summerville, SC	3.0	2.0	1372	$1,795	$1.31	21d	1	0.84mi
132 Whispering Wood Dr Summerville, SC	4.0	2.5	2174	$2,300	$1.06	0d	1	0.86mi
121 Pemberton Rd Summerville, SC	4.0	3.0	2202	$2,161	$0.98	36d	1	1.18mi
708 E Butternut Rd Summerville, SC	3.0	2.0	1750	$2,900	$1.66	10d	1	1.24mi
708 E Butternut Rd Summerville, SC	3.0	2.0	1700	$2,900	$1.71	130d	1	1.24mi
1465 Central Ave Summerville, SC	4.0	3.0	2226	$2,100	$0.94	10d	1	1.30mi
103 Pine Gate Dr Summerville, SC	4.0	2.5	2400	$2,350	$0.98	50d	1	1.35mi
103 Pine Gate Dr Summerville, SC	3.0	2.5	2400	$2,100	$0.88	10d	1	1.35mi
103 Barberry St Summerville, SC	3.0	2.5	1548	$2,011	$1.30	164d	1	1.40mi
105 Barberry St Summerville, SC	3.0	2.5	1285	$2,050	$1.60	143d	1	1.40mi
228 Myrtle Way Summerville, SC	4.0	2.5	2621	$2,445	$0.93	6d	1	1.40mi
130 Avalon Rd Summerville, SC	3.0	2.0	1425	$1,600	$1.12	15d	1	1.44mi
304 Pimpernel St Summerville, SC	3.0	2.5	1642	$2,500	$1.52	46d	1	1.44mi
302 White Gables Dr Summerville, SC	3.0	2.5	2336	$2,915	$1.25	123d	1	1.48mi
101 Doral Blue Dr Summerville, SC	4.0	2.5	2465	$2,722	$1.10	2d	1	1.48mi
201 Hyacinth St Summerville, SC	3.0	2.5	1788	$2,300	$1.29	51d	1	1.49mi

Listing history 2 events

1. 2026-06-01
   remarks 420-char remark
2. 2026-06-01
   listed $256,980 Active 1 DOM

ⓘ 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: $28,070
• − Mortgage interest: −$14,395
• − Property taxes: −$3,855
• − Insurance: −$1,285
• − Repairs & maintenance: −$2,246
• − Management: −$2,246
• − Depreciation: −$7,476
• Taxable loss: −$3,431
• Est. tax savings @ 24.0%: +$824
• After-tax cash flow: $1,688/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 · 12 photos

Good 80/100 None rehab

This modern townhouse is in excellent condition with a good layout and ample space. It is move-in ready and has the potential for further updates to increase its value.

Value-add opportunities

• Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics. ↑
• Both Updating the flooring — New flooring can improve the overall look and feel of the home. ↑
• Both Upgrading the kitchen appliances — Modern appliances can increase the home's appeal and functionality. ↑
• Both Adding smart home features — Smart home features can increase convenience and appeal to potential buyers/renters. ↑
• Both Landscaping improvements — Enhanced landscaping can improve curb appeal and add value to the property. ↑

D Composite school gradezoned avg 56/100

Zoned Schools

Elementary William M. Reeves Elementary C SC #138/597 Nat'l #10,986/41,679 Middle Charles B. Dubose Middle F SC #90/229 Nat'l #6,708/14,009 High Summerville High A- SC #34/196 Nat'l #1,484/17,239

Schools (NCES district)

• District: Dorchester 02
• NCES district ID: 4502010
• Math proficiency: 40% ▼ -13.00%
• Reading proficiency: 55% ▼ -4.00%
• Median HH income: $57,937
• Composite: 41.41/100
• National rank: #3475
• State rank: #12 of 80 in SC

C Composite livability gradescore 63/100

Livability — Summerville

• Score: 63/100
• State rank: #167
• US rank: #15058

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Dorchester County · 186,982 people
• City population: 171,668
• Metro: Charleston-North Charleston, SC
• Population (ZIP): 59,186
• Household income: $85,750
• Rent vs Own: 21.4% rent · 78.6% own
• Severe rent burden: 16% of renters

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Population outlook (Dorchester County) Hauer SSP2

• Today (2025): 186,982 people
• By 2030: 203,967 · +9.1%
• By 2040: 237,160 · +26.8%
• By 2050: 267,479 · +43.1%
• By 2075: 333,025 · +78.1%
• By 2100: 366,560 · +96.0%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (68%)
• Race & ethnicity: White 68% Black 19% Hispanic / Latino 7% Two or more races 6% Asian 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 1%
• Languages at home: 93% English-only · Spanish 4%

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Political lean MEDSL · Dorchester

• 2024 margin: R (+14.6) · D 41.8% · R 56.4% · Other 1.9%
• 2008→2024 swing: +0.9pp no change · 2008: -15.5pp · 2024: -14.6pp
• All cycles: 2024: R+14.6 2020: R+10.5 2016: R+17.5 2012: R+16.0 2008: R+15.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -131.42%
• Current HPI: 248.8406
• Rent YoY: ▲ 1.45%
• Metro: Charleston-North Charleston, SC
• State GDP YoY: ▲ 4.51%
• F500 in state: 2

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Industry mix (Fortune 500 HQ in SC)

Industry	F500 HQs	Revenue
▸Packaging	1	$7B

Price history

+0.0% since first listed

2 events — show timeline

• 2026-06-26 Listed $256,980 Charleston Trident MLS
• 2026-06-26 Sold (MLS) $256,980 Charleston Trident MLS