227 Laurinton Farms Dr · Hopkins, SC 29061

$238,000

3 bd · 2.5 ba · 1,476 sqft · SingleFamily · 92 Days on market

Built 2025 Good condition 4,791 sqft lot Est $241k · at est. $44/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 +12.9/30.0
• ARV discount +8.0/15.0
• Condition / age +4.0/5.0
• 1% rule +3.9/10.0
• DSCR +3.9/10.0
• Livability +3.0/5.0
• Schools +2.6/10.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to the Bartow! This three-bedroom, two-and-one-half bathroom home has an open-concept layout. Luxury vinyl plank flooring runs throughout the common area spaces. The kitchen has quartz countertops, stone gray cabinets and stainless-steel appliances. Upstairs, the primary suite has a spacious bathroom with a large walk-in closet. Two secondary bedrooms, a hall bath, and laundry space complete this home.

Key facts

• Large walk-in closet
• Granite countertops
• Open concept layout

Tags

• OPEN CONCEPT LAYOUT
• GRANITE COUNTERTOPS
• STAINLESS STEEL APPLIANCES
• LARGE WALK-IN CLOSET

Property features AI

Finance

• HOA & community: Community has an association; Association maintains common areas, sidewalks, and street lights

Exterior

• Parking: Attached garage (main level); Total 2 parking spaces, 1 garage space
• Utilities: Public sewer; Public water
• Home design: Two-story home; Slab foundation
• Construction: Vinyl exterior; Slab foundation
• Exterior features: Covered front porch; Uncovered back porch; Patio; Sprinkler system; Vinyl exterior finish; Paved road access; Public water

Interior

• Kitchen: Eat-in kitchen; Pantry; Granite countertops; Dishwasher; Disposal; Microwave above stove; Free-standing gas range
• Bedrooms: Master bedroom (Second floor) with double vanity, walk-in closet, and tub/shower; Bedroom 2 (Second floor) with private closet; Bedroom 3 (Second floor) with private closet
• Flooring: Luxury vinyl plank in living room and formal dining room
• Bathrooms: Two full bathrooms; One partial bathroom (half bath); One main half bath
• Heating & cooling: Central cooling; Central heating with gas heating on both first and second levels
• Interior features: Smoke detector; Attic with pull-down access; Gas log (natural) fireplace; Free-standing gas range
• Laundry & utility: Washer/Dryer area on second floor; Tankless hot water; Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $238k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-17 ($-208/yr) — negative.
• To cash-flow at today's rent, offer at most $235k (1.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $212k (11.1% below list).
• Recommended offer: $212k (11.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 59/100 on livability (#238 in SC) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, crime B+, housing B; Watch: employment D+, amenities F, commute F.
• Richland 01 (urban): math 26% / reading 36% proficiency, ranked #54 of 80 in SC (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Horrell Hill Elementary (math 17% / reading 17%, grade F, #515 of 597 statewide, top 89%, 562 students, 100% FRL); Lower Richland High (math 5% / reading 64%, grade F, #185 of 196 statewide, top 94%, 1,244 students, 100% FRL) — zoned schools average 100% FRL vs 64% district-wide (36 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 328 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); 3,472 units permitted in Richland County in 2024 (1,096 in 5+ unit buildings).
• This rent runs 42% of the median local income ($60k/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 $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 92 days — a 9% lower offer ($217k) 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 $211,571 (11.1% 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 92 days. Have you received any prior offers? Is the seller open to a 11% 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 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?
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: 0.89% ✗
• Cap rate: 6.21%
• Cash-on-cash: -0.31%
• DSCR: 0.99
• GRM: 9.4

CMA / ARV

• ARV (on-the-fly): $240,588
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
972 Harvest Valley Ln	0.59mi	3/2.5	1,404 (-5%)	18mo	$228,900	$163	49

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -16.8%
• Equity multiple: 0.41×
• Total profit: $-39,612
• Equity at exit: $35,487

10-year hold

• IRR: -8.6%
• Equity multiple: 0.46×
• Total profit: $-35,676
• Equity at exit: $20,578

Cash invested: $66,640 (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 29061

• Home prices YoY: -22.8%
• Active inventory: 328
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $2,116 medium
• Mortgage (P&I): −$1,248
• Tax est. 1.5%: −$298 /mo · $3,570/yr
• Insurance: −$99
• HOA: −$44
• Vacancy / Maint / Mgmt: −$444
• Net cashflow: $-17

Break-even live

Break-even rent $2,138

Max offer price $235,490

Occupancy floor 96%

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: $59,500
• Closing costs: $7,140
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
345 Bevington Brook Ln Hopkins, SC	3.0	2.0	1475	$2,195	$1.49	23d	1	1.01mi
455 Hunters Crossing Dr Hopkins, SC	3.0	2.0	1381	$1,699	$1.23	14d	1	1.02mi
1049 Crescent Moon Loop Hopkins, SC	3.0	2.5	1650	$2,100	$1.27	14d	1	1.07mi

HOA detail

• Monthly dues: $44 · $528/yr

Listing history 20 events

1. 2026-06-18
   days on market $238,000 Active 92 DOM
2. 2026-06-17
   days on market $238,000 Active 91 DOM
3. 2026-06-16
   days on market $238,000 Active 90 DOM
4. 2026-06-15
   days on market $238,000 Active 89 DOM
5. 2026-06-14
   days on market $238,000 Active 87 DOM
6. 2026-06-10
   days on market $238,000 Active 84 DOM
7. 2026-06-09
   days on market $238,000 Active 83 DOM
8. 2026-06-08
   days on market $238,000 Active 82 DOM
9. 2026-06-07
   pricedays on market $238,000 Active 81 DOM
10. 2026-06-03
    days on market $238,005 Active 77 DOM
11. 2026-06-03
    days on market $238,005 Active 76 DOM
12. 2026-06-02
    remarks 631-char remark
13. 2026-06-01
    days on market $238,005 Active 75 DOM
14. 2026-05-31
    days on market $238,005 Active 74 DOM
15. 2026-05-21
    price $238,005
16. 2026-05-20
    price $238,005 413-char remark

    Show marketing remark (413 chars)

    Welcome to the Bartow! This three-bedroom, two-and-one-half bathroom home has an open-concept layout. Luxury vinyl plank flooring runs throughout the common area spaces. The kitchen has quartz countertops, stone gray cabinets and stainless-steel appliances. Upstairs, the primary suite has a spacious bathroom with a large walk-in closet. Two secondary bedrooms, a hall bath, and laundry space complete this home.

17. 2026-05-07
    price $238,000

    Show marketing remark (413 chars)

    Welcome to the Bartow! This three-bedroom, two-and-one-half bathroom home has an open-concept layout. Luxury vinyl plank flooring runs throughout the common area spaces. The kitchen has quartz countertops, stone gray cabinets and stainless-steel appliances. Upstairs, the primary suite has a spacious bathroom with a large walk-in closet. Two secondary bedrooms, a hall bath, and laundry space complete this home.

18. 2026-05-07
    price $238,000 413-char remark

    Show marketing remark (413 chars)

    Welcome to the Bartow! This three-bedroom, two-and-one-half bathroom home has an open-concept layout. Luxury vinyl plank flooring runs throughout the common area spaces. The kitchen has quartz countertops, stone gray cabinets and stainless-steel appliances. Upstairs, the primary suite has a spacious bathroom with a large walk-in closet. Two secondary bedrooms, a hall bath, and laundry space complete this home.

19. 2026-03-22
    listed $238,191 Active 413-char remark

    Show marketing remark (413 chars)

    Welcome to the Bartow! This three-bedroom, two-and-one-half bathroom home has an open-concept layout. Luxury vinyl plank flooring runs throughout the common area spaces. The kitchen has quartz countertops, stone gray cabinets and stainless-steel appliances. Upstairs, the primary suite has a spacious bathroom with a large walk-in closet. Two secondary bedrooms, a hall bath, and laundry space complete this home.

20. 2026-03-18
    listed $238,192 Active

ⓘ 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: $25,389
• − Mortgage interest: −$13,332
• − Property taxes: −$3,570
• − Insurance: −$1,190
• − Repairs & maintenance: −$2,031
• − Management: −$2,031
• − HOA: −$528
• − Depreciation: −$6,924
• Taxable loss: −$4,217
• Est. tax savings @ 24.0%: +$1,012
• After-tax cash flow: $804/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 Cosmetic rehab

This three-bedroom, two-and-a-half-bathroom home is in good condition with modern updates and a good curb appeal. It is ready for a new owner to move in and enjoy.

Value-add opportunities

• Resale Paint interior walls — Fresh paint can make a home look more inviting and modern
• Resale Replace countertops — Granite countertops are durable and timeless
• Resale Replace flooring — Luxury vinyl plank flooring is durable and low maintenance
• Resale Replace appliances — Modern appliances are desirable and energy-efficient

Renovation cost estimate screening

Value-add ROI direction

• Resale Paint interior walls — Fresh paint can make a home look more inviting and modern ↑
• Resale Replace countertops — Granite countertops are durable and timeless ↑
• Resale Replace flooring — Luxury vinyl plank flooring is durable and low maintenance ↑
• Resale Replace appliances — Modern appliances are desirable and energy-efficient ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Richland 01
• NCES district ID: 4503360
• Math proficiency: 26% ▼ -7.00%
• Reading proficiency: 36% ▼ -5.00%
• Median HH income: $38,931
• Composite: 25.94/100
• National rank: #7335
• State rank: #54 of 80 in SC

Livability — Hopkins

• Score: 59/100
• State rank: #238
• US rank: #19825

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Richland County · 389,530 people
• City population: 335,994
• Metro: Columbia, SC
• Population (ZIP): 12,538
• Household income: $60,307
• Rent vs Own: 19.1% rent · 80.9% own
• Severe rent burden: 236.0

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: Predominantly Black (68%)
• Race & ethnicity: Black 68% White 23% Two or more races 6% Hispanic / Latino 4%
• Common ancestry: Italian 1% Lithuanian 1% Romanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 3%

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: ▼ -57.44%
• Current HPI: 194.8986
• Rent YoY: —
• 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

-0.1% since first listed

6 events — show timeline

• 2026-05-21 Price Changed $238,005 Consolidated MLS
• 2026-05-20 Price Changed $238,005 Zillow
• 2026-05-07 Price Changed $238,000 Consolidated MLS
• 2026-05-07 Price Changed $238,000 Zillow
• 2026-03-22 Listed $238,191 Zillow
• 2026-03-18 Listed $238,192 Consolidated MLS