114 Dublin St · Walterboro, SC 29488

$254,000

3 bd · 1.0 ba · 1,782 sqft · SingleFamily public records · 164 Days on market

Built 2002 0.35 ac lot

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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 +16.2/30.0
• ARV discount +7.5/15.0
• DSCR +5.0/10.0
• 1% rule +3.7/10.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Completely remodeled within the last 3 years. New Roof, Upgraded to house doors and windows. New HVAC, New Roof, New Sheetrock through out, upgraded insulation. Home was gutted and redone. Quiet neighborhood. This is a must see.

Key facts

• 0.35 acre lot
• Built 2002
• Listed 163 days

Property features AI

Exterior

• Utilities: Septic tank
• Home design: Manufactured / Mobile home; Residential property
• Construction: Brick skirting
• Exterior features: Lot between 0 and 0.5 acre; No other structures on the property; Subdivision: Ireland Ridge

Interior

• Kitchen: Dishwasher; Electric range
• Bedrooms: 4 bedrooms
• Bathrooms: 2 bathrooms
• Interior features: Dishwasher; Electric range; Central heating (electric); Central air

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $254k.

Deal economics

• At list price, monthly cash flow is $134 ($2k/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 $221k (13.1% below list).
• Recommended offer: $221k (13.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 57/100 on livability (#269 in SC) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, health & safety A+, housing A-; Watch: crime F, amenities F, commute F.
• Colleton 01 (rural): math 13% / reading 28% proficiency, ranked #69 of 80 in SC (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Northside Elementary (math 14% / reading 22%, grade F, #508 of 597 statewide, top 86%, 452 students, 100% FRL); Colleton County Middle (math 8% / reading 18%, grade F, #210 of 229 statewide, top 93%, 1,121 students, 100% FRL); Colleton County High (math 28% / reading 80%, grade C-, #137 of 196 statewide, top 70%, 1,497 students, 100% FRL) — zoned schools average 100% FRL vs 69% district-wide (31 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 223 active listings in the ZIP; 50 units permitted in Colleton County in 2024 (0 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 $8k of value loss. Plan a longer hold.
• Colleton County population projected at -28% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 164 days — a 12% lower offer ($224k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 4y 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.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $220,738 (13.1% below list)

Questions for the listing agent

1. It's been on market 164 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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. 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: 0.87% ✗
• Cap rate: 6.93%
• Cash-on-cash: 2.27%
• DSCR: 1.10
• GRM: 9.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -12.7%
• Equity multiple: 0.54×
• Total profit: $-32,661
• Equity at exit: $37,872

10-year hold

• IRR: -3.7%
• Equity multiple: 0.75×
• Total profit: $-17,653
• Equity at exit: $21,961

Cash invested: $71,120 (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 29488

• Home prices YoY: -33.6%
• Active inventory: 223
• Price-to-rent: 9.6×

Monthly cashflow live

• Estimated rent: $2,207 medium
• Mortgage (P&I): −$1,332
• Tax from tax record: −$172 /mo · $2,060/yr
• Insurance: −$106
• HOA: −$0
• Vacancy / Maint / Mgmt: −$464
• Net cashflow: $134

Break-even live

Break-even rent $2,037

Max offer price $254,000

Occupancy floor 89%

Sensitivity live

Price	-10% $278	-5% $206	+0% $134	+5% $62	+10% $-9
Rent	-10% $-40	-5% $47	+0% $134	+5% $222	+10% $309
Rate	-1.0pp $262	-0.5pp $199	base $134	+0.5pp $68	+1.0pp $2

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: $63,500
• Closing costs: $7,620
• Reserves months: —
• Total cash needed: —

Listing history 25 events

1. 2026-06-21
   days on market $254,000 Active 164 DOM
2. 2026-06-21
   days on market $254,000 Active 163 DOM
3. 2026-06-18
   days on market $254,000 Active 161 DOM
4. 2026-06-17
   days on market $254,000 Active 160 DOM
5. 2026-06-16
   days on market $254,000 Active 159 DOM
6. 2026-06-15
   days on market $254,000 Active 158 DOM
7. 2026-06-13
   days on market $254,000 Active 156 DOM
8. 2026-06-12
   days on market $254,000 Active 155 DOM
9. 2026-06-09
   days on market $254,000 Active 152 DOM
10. 2026-06-08
    days on market $254,000 Active 151 DOM
11. 2026-06-08
    days on market $254,000 Active 150 DOM
12. 2026-06-04
    days on market $254,000 Active 146 DOM
13. 2026-06-02
    days on market $254,000 Active 145 DOM
14. 2026-06-01
    days on market $254,000 Active 144 DOM
15. 2026-05-31
    days on market $254,000 Active 143 DOM
16. 2026-02-26
    price $254,000 229-char remark

    Show marketing remark (229 chars)

    Completely remodeled within the last 3 years. New Roof, Upgraded to house doors and windows. New HVAC, New Roof, New Sheetrock through out, upgraded insulation. Home was gutted and redone. Quiet neighborhood. This is a must see.

17. 2026-02-26
    price $254,000

    Show marketing remark (229 chars)

    Completely remodeled within the last 3 years. New Roof, Upgraded to house doors and windows. New HVAC, New Roof, New Sheetrock through out, upgraded insulation. Home was gutted and redone. Quiet neighborhood. This is a must see.

18. 2026-01-06
    listed $259,000 Active 229-char remark

    Show marketing remark (229 chars)

    Completely remodeled within the last 3 years. New Roof, Upgraded to house doors and windows. New HVAC, New Roof, New Sheetrock through out, upgraded insulation. Home was gutted and redone. Quiet neighborhood. This is a must see.

19. 2026-01-06
    listed $259,000 Active

    Show marketing remark (229 chars)

    Completely remodeled within the last 3 years. New Roof, Upgraded to house doors and windows. New HVAC, New Roof, New Sheetrock through out, upgraded insulation. Home was gutted and redone. Quiet neighborhood. This is a must see.

20. 2022-09-06
    soldstatus $225,000 Closed 531-char remark

    Show marketing remark (531 chars)

    This 2002 Dyna manufactured home is almost complete! Four bedrooms and two bathrooms provide ample living space for the whole family. New HVAC, new metal roof and new energy efficient windows will help keep you cool on those hot summer days. This home will sit on a permanent foundation with brick skirting and will have a front and back porch. Many upgrades to include tile in both bathrooms, smooth ceilings, new kitchen cabinets and fixtures. It is really a must see!!! Quick access to shopping, dining, local schools, and I-95!

21. 2022-09-06
    soldstatus $225,000

    Show marketing remark (531 chars)

    This 2002 Dyna manufactured home is almost complete! Four bedrooms and two bathrooms provide ample living space for the whole family. New HVAC, new metal roof and new energy efficient windows will help keep you cool on those hot summer days. This home will sit on a permanent foundation with brick skirting and will have a front and back porch. Many upgrades to include tile in both bathrooms, smooth ceilings, new kitchen cabinets and fixtures. It is really a must see!!! Quick access to shopping, dining, local schools, and I-95!

22. 2022-08-28
    status Pending 531-char remark

    Show marketing remark (531 chars)

    This 2002 Dyna manufactured home is almost complete! Four bedrooms and two bathrooms provide ample living space for the whole family. New HVAC, new metal roof and new energy efficient windows will help keep you cool on those hot summer days. This home will sit on a permanent foundation with brick skirting and will have a front and back porch. Many upgrades to include tile in both bathrooms, smooth ceilings, new kitchen cabinets and fixtures. It is really a must see!!! Quick access to shopping, dining, local schools, and I-95!

23. 2022-07-19
    status Active 531-char remark

    Show marketing remark (531 chars)

    This 2002 Dyna manufactured home is almost complete! Four bedrooms and two bathrooms provide ample living space for the whole family. New HVAC, new metal roof and new energy efficient windows will help keep you cool on those hot summer days. This home will sit on a permanent foundation with brick skirting and will have a front and back porch. Many upgrades to include tile in both bathrooms, smooth ceilings, new kitchen cabinets and fixtures. It is really a must see!!! Quick access to shopping, dining, local schools, and I-95!

24. 2022-07-02
    historical Active Contingent 531-char remark

    Show marketing remark (531 chars)

    This 2002 Dyna manufactured home is almost complete! Four bedrooms and two bathrooms provide ample living space for the whole family. New HVAC, new metal roof and new energy efficient windows will help keep you cool on those hot summer days. This home will sit on a permanent foundation with brick skirting and will have a front and back porch. Many upgrades to include tile in both bathrooms, smooth ceilings, new kitchen cabinets and fixtures. It is really a must see!!! Quick access to shopping, dining, local schools, and I-95!

25. 2022-04-26
    listed $210,000 Active 531-char remark

    Show marketing remark (531 chars)

    This 2002 Dyna manufactured home is almost complete! Four bedrooms and two bathrooms provide ample living space for the whole family. New HVAC, new metal roof and new energy efficient windows will help keep you cool on those hot summer days. This home will sit on a permanent foundation with brick skirting and will have a front and back porch. Many upgrades to include tile in both bathrooms, smooth ceilings, new kitchen cabinets and fixtures. It is really a must see!!! Quick access to shopping, dining, local schools, and I-95!

ⓘ 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: $2,060 · $172/mo
• Projected year-2 tax: $2,060 · $172/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 7/10 Severe
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 17 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,489
• − Mortgage interest: −$14,228
• − Property taxes: −$2,060
• − Insurance: −$1,270
• − Repairs & maintenance: −$2,119
• − Management: −$2,119
• − Depreciation: −$7,389
• Taxable loss: −$2,697
• Est. tax savings @ 24.0%: +$647
• After-tax cash flow: $2,259/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: Colleton 01
• NCES district ID: 4501830
• Math proficiency: 13% ▼ -10.00%
• Reading proficiency: 28% ▬ 0.00%
• Median HH income: $33,128
• Composite: 16.66/100
• National rank: #9171
• State rank: #69 of 80 in SC

Livability — Walterboro

• Score: 57/100
• State rank: #269
• US rank: #21618

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 22,367
• Population (ZIP): 22,367

Population outlook (Colleton County) Hauer SSP2

• Today (2025): 34,932 people
• By 2030: 33,078 · -5.3%
• By 2040: 29,017 · -16.9%
• By 2050: 25,029 · -28.3%
• By 2075: 16,894 · -51.6%
• By 2100: 10,518 · -69.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 54% Black 38% Hispanic / Latino 4% Two or more races 4%
• Common ancestry: Italian 2% Lithuanian 1% Slovak 1%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 2%

Political lean MEDSL · Colleton

• 2024 margin: R (+18.2) · D 40.4% · R 58.5% · Other 1.1%
• 2008→2024 swing: -18.7pp toward R · 2008: 0.5pp · 2024: -18.2pp
• All cycles: 2024: R+18.2 2020: R+9.5 2016: R+8.5 2012: D+0.2 2008: D+0.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -119.20%
• Current HPI: 235.1237
• 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

+21.0% since first listed

10 events — show timeline

• 2026-02-26 Price Changed $254,000 LRMLS
• 2026-02-26 Price Changed $254,000 Charleston Trident MLS
• 2026-01-06 Listed $259,000 Charleston Trident MLS
• 2026-01-06 Listed $259,000 LRMLS
• 2022-09-06 Sold (Public Records) $225,000 Public Records
• 2022-09-06 Sold (MLS) $225,000 Charleston Trident MLS
• 2022-08-28 Pending — Charleston Trident MLS
• 2022-07-19 Relisted — Charleston Trident MLS
• 2022-07-02 Contingent — Charleston Trident MLS
• 2022-04-26 Listed $210,000 Charleston Trident MLS

Property tax history

+28.0%/yr

Latest (2025): $2,060 · +5.8% YoY. Source: county tax records.