13 Lawrence St · Lyman, SC 29365

$190,000

3 bd · 1.0 ba · 1,260 sqft · SingleFamily public records · 164 Days on market

Built 1923 0.33 ac lot Est $219k · 13% 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 +19.3/30.0
• ARV discount +13.5/15.0
• DSCR +6.1/10.0
• 1% rule +4.2/10.0
• Schools +4.1/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Fabulous Location in the Heart of Lyman!! You will love this sweet home it is 2 bedroom and 1 full bath. As you enter through the Covered Front Porch that is large enough for all your decorations! Then you will come into the Family Room with High Ceilings, large Dining Room and Spacious Kitchen with a butlers pantry, stove, refrigerator, and a washer and dryer to remain. The two bedrooms are very Spacious and the full bathroom has been totally refurbished. New windows throughout the home and hardwood flooring. The back has a small deck going out into the yard. Also, very nice shingled out building to remain.

Key facts

• Close to lyman lake
• Generous backyard
• 0.33 acre lot

Tags

• GENEROUS BACKYARD
• WELL-APPOINTED KITCHEN
• CLOSE TO LYMAN LAKE
• CLOSE TO RIVER PLACE PARK
• MINUTES FROM DOWNTOWN LYMAN

Property features AI

Finance

• Other: Community amenities: see remarks
• HOA & community: No HOA fees

Exterior

• Parking: Driveway parking (unpaved)
• Utilities: Public water; Electric water heater; Public sewer; Public garbage pickup
• Home design: Single-story home; Approximate age: 50+ years; Residential property (lead-based paint disclosure required)
• Construction: Vinyl siding exterior; Composition shingle roof; Crawl space foundation
• Exterior features: Front porch; Level lot with some trees; Outbuilding (storage)

Interior

• Kitchen: Kitchen (14 x 11); Refrigerator; Stand-alone electric range
• Bedrooms: Primary bedroom on main level (15 x 13); Second bedroom on main level (14 x 12); Two main-level bedrooms total
• Flooring: Hardwood floors
• Bathrooms: One full bathroom (on main level)
• Heating & cooling: Natural gas heating; Central forced cooling
• Interior features: Cable available; 9-foot (or higher) ceilings; Ceiling fans; Blown ceiling (insulation); Walk-in pantry; No fireplace
• Laundry & utility: Washer; Dryer; Laundry on first floor

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $190k.

Deal economics

• At list price, monthly cash flow is $208 ($3k/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 $174k (8.3% below list).
• Recommended offer: $167k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.6% vs local median 3.6% in Lyman — 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 68/100 on livability (#83 in SC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: amenities F, commute F, health & safety F.
• Spartanburg 05 (suburban): math 45% / reading 51% proficiency, ranked #13 of 80 in SC (top 16%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Duncan Elementary School of The Arts (math 30% / reading 37%, grade F, #362 of 597 statewide, top 61%, 689 students, 100% FRL); D. R. Hill Middle (math 28% / reading 38%, grade F, #116 of 229 statewide, top 51%, 702 students, 80% FRL); James F. Byrnes High (math 31% / reading 75%, grade C-, #140 of 196 statewide, top 72%, 2,217 students, 56% FRL) — zoned schools average 79% FRL vs 39% district-wide (39 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 222 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 3,129 units permitted in Spartanburg County in 2024 (40 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Spartanburg County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 164 days — a 12% lower offer ($167k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 9y 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.
• Current owner paid $108k; list at $190k implies a 77% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1923 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $167,200 (12.0% 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 12% concession, seller financing, or rate buy-down credit?
2. Built in 1923 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 0.92% ✗
• Cap rate: 7.61%
• Cash-on-cash: 4.70%
• DSCR: 1.21
• GRM: 9.1

CMA / ARV

• ARV (on-the-fly): $219,240
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
423 James J Newman Blvd	0.27mi	3/2.0	1,206 (-4%)	1mo	$249,900	$207	76
7 Lawrence St	0.04mi	2/1.0 (-1)	1,324 (+5%)	15mo	$216,000	$163	72
5 Groce Rd	0.10mi	2/2.0 (-1)	1,236 (-2%)	14mo	$215,000	$174	72
12323 Greenville Hwy Hwy	0.49mi	3/1.0	1,272 (+1%)	14mo	$160,000	$126	64
41 Lawrence St	0.22mi	2/1.0 (-1)	1,103 (-12%)	7mo	$234,900	$213	58
3 Pacific St	0.66mi	2/1.0 (-1)	1,192 (-5%)	3mo	$239,000	$201	52
109 Welford Rd	0.44mi	2/1.0 (-1)	1,122 (-11%)	8mo	$190,000	$169	50
106 Lawrence St St	0.66mi	3/1.0	1,293 (+3%)	19mo	$160,000	$124	49
439 James J Newman Blvd	0.33mi	3/2.0	1,441 (+14%)	13mo	$245,000	$170	46
95 Lawrence St	0.56mi	3/2.0	1,363 (+8%)	13mo	$207,500	$152	46
117 Lawrence St	0.69mi	3/2.0	1,178 (-6%)	15mo	$228,500	$194	40
109 Northview St	0.73mi	3/2.0	1,331 (+6%)	16mo	$258,500	$194	40

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: -9.0%
• Equity multiple: 0.67×
• Total profit: $-17,579
• Equity at exit: $28,330

10-year hold

• IRR: 0.4%
• Equity multiple: 1.03×
• Total profit: $1,527
• Equity at exit: $16,428

Cash invested: $53,200 (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 29365

• Home prices YoY: -18.1%
• Active inventory: 222
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $1,741 high
• Mortgage (P&I): −$996
• Tax from tax record: −$92 /mo · $1,102/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$366
• Net cashflow: $208

Break-even live

Break-even rent $1,478

Max offer price $190,000

Occupancy floor 83%

Sensitivity live

Price	-10% $316	-5% $262	+0% $208	+5% $155	+10% $101
Rent	-10% $71	-5% $140	+0% $208	+5% $277	+10% $346
Rate	-1.0pp $304	-0.5pp $257	base $208	+0.5pp $159	+1.0pp $109

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: $47,500
• Closing costs: $5,700
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
855 Ernest Ln Lyman, SC	3.0	2.5	1480	$1,750	$1.18	22d	1	0.47mi
867 Ernest Ln Lyman, SC	3.0	2.5	1480	$1,750	$1.18	15d	1	0.49mi
867 Ernest Ln Lyman, SC	3.0	2.5	1480	$1,750	$1.18	22d	1	0.49mi
610 Universal Dr Lyman, SC	1.0–3.0	1.0–2.5	1060	$1,799	$1.70	15d	11	0.79mi
Angelic Pl Wellford, SC	3.0	2.5	1280	$1,520	$1.19	22d	2	1.10mi
Paradise Pl Wellford, SC	2.0–3.0	2.5	1135	$1,595	$1.41	22d	2	1.16mi
244 Halo Dr Wellford, SC	2.0–3.0	2.5	1137	$1,595	$1.40	22d	4	1.31mi
Halo Dr Wellford, SC	2.0	1.5	995	$1,295	$1.30	15d	1	1.33mi

Listing history 42 events

1. 2026-06-22
   days on market $190,000 Active 164 DOM
2. 2026-06-18
   days on market $190,000 Active 161 DOM
3. 2026-06-17
   days on market $190,000 Active 160 DOM
4. 2026-06-16
   days on market $190,000 Active 159 DOM
5. 2026-06-15
   days on market $190,000 Active 158 DOM
6. 2026-06-14
   days on market $190,000 Active 156 DOM
7. 2026-06-13
   days on market $190,000 Active 155 DOM
8. 2026-06-10
   days on market $190,000 Active 153 DOM
9. 2026-06-09
   days on market $190,000 Active 152 DOM
10. 2026-06-08
    days on market $190,000 Active 151 DOM
11. 2026-06-07
    days on market $190,000 Active 150 DOM
12. 2026-06-02
    days on market $190,000 Active 145 DOM
13. 2026-06-01
    days on market $190,000 Active 144 DOM
14. 2026-05-31
    days on market $190,000 Active 143 DOM
15. 2026-05-30
    days on market $190,000 Active 142 DOM
16. 2026-04-02
    price $195,000
17. 2026-02-20
    price $198,000
18. 2026-01-08
    listed $199,900 Active
19. 2025-12-05
    historical
20. 2025-10-09
    price $205,000
21. 2025-06-25
    listed $212,000 Active
22. 2018-04-25
    soldstatus $107,500
23. 2018-04-12
    soldstatus $107,500 Sold In-House 616-char remark

    Show marketing remark (616 chars)

    Fabulous Location in the Heart of Lyman!! You will love this sweet home it is 2 bedroom and 1 full bath. As you enter through the Covered Front Porch that is large enough for all your decorations! Then you will come into the Family Room with High Ceilings, large Dining Room and Spacious Kitchen with a butlers pantry, stove, refrigerator, and a washer and dryer to remain. The two bedrooms are very Spacious and the full bathroom has been totally refurbished. New windows throughout the home and hardwood flooring. The back has a small deck going out into the yard. Also, very nice shingled out building to remain.

24. 2018-04-12
    soldstatus $107,500 Sold

    Show marketing remark (616 chars)

    Fabulous Location in the Heart of Lyman!! You will love this sweet home it is 2 bedroom and 1 full bath. As you enter through the Covered Front Porch that is large enough for all your decorations! Then you will come into the Family Room with High Ceilings, large Dining Room and Spacious Kitchen with a butlers pantry, stove, refrigerator, and a washer and dryer to remain. The two bedrooms are very Spacious and the full bathroom has been totally refurbished. New windows throughout the home and hardwood flooring. The back has a small deck going out into the yard. Also, very nice shingled out building to remain.

25. 2018-03-05
    historical Sale with Right of Refusal 616-char remark

    Show marketing remark (616 chars)

    Fabulous Location in the Heart of Lyman!! You will love this sweet home it is 2 bedroom and 1 full bath. As you enter through the Covered Front Porch that is large enough for all your decorations! Then you will come into the Family Room with High Ceilings, large Dining Room and Spacious Kitchen with a butlers pantry, stove, refrigerator, and a washer and dryer to remain. The two bedrooms are very Spacious and the full bathroom has been totally refurbished. New windows throughout the home and hardwood flooring. The back has a small deck going out into the yard. Also, very nice shingled out building to remain.

26. 2018-03-05
    historical Contingency Contract

    Show marketing remark (616 chars)

    Fabulous Location in the Heart of Lyman!! You will love this sweet home it is 2 bedroom and 1 full bath. As you enter through the Covered Front Porch that is large enough for all your decorations! Then you will come into the Family Room with High Ceilings, large Dining Room and Spacious Kitchen with a butlers pantry, stove, refrigerator, and a washer and dryer to remain. The two bedrooms are very Spacious and the full bathroom has been totally refurbished. New windows throughout the home and hardwood flooring. The back has a small deck going out into the yard. Also, very nice shingled out building to remain.

27. 2018-02-27
    price $104,900

    Show marketing remark (616 chars)

    Fabulous Location in the Heart of Lyman!! You will love this sweet home it is 2 bedroom and 1 full bath. As you enter through the Covered Front Porch that is large enough for all your decorations! Then you will come into the Family Room with High Ceilings, large Dining Room and Spacious Kitchen with a butlers pantry, stove, refrigerator, and a washer and dryer to remain. The two bedrooms are very Spacious and the full bathroom has been totally refurbished. New windows throughout the home and hardwood flooring. The back has a small deck going out into the yard. Also, very nice shingled out building to remain.

28. 2018-02-27
    price $104,900 616-char remark

    Show marketing remark (616 chars)

    Fabulous Location in the Heart of Lyman!! You will love this sweet home it is 2 bedroom and 1 full bath. As you enter through the Covered Front Porch that is large enough for all your decorations! Then you will come into the Family Room with High Ceilings, large Dining Room and Spacious Kitchen with a butlers pantry, stove, refrigerator, and a washer and dryer to remain. The two bedrooms are very Spacious and the full bathroom has been totally refurbished. New windows throughout the home and hardwood flooring. The back has a small deck going out into the yard. Also, very nice shingled out building to remain.

29. 2018-02-26
    status Active 616-char remark

    Show marketing remark (616 chars)

    Fabulous Location in the Heart of Lyman!! You will love this sweet home it is 2 bedroom and 1 full bath. As you enter through the Covered Front Porch that is large enough for all your decorations! Then you will come into the Family Room with High Ceilings, large Dining Room and Spacious Kitchen with a butlers pantry, stove, refrigerator, and a washer and dryer to remain. The two bedrooms are very Spacious and the full bathroom has been totally refurbished. New windows throughout the home and hardwood flooring. The back has a small deck going out into the yard. Also, very nice shingled out building to remain.

30. 2018-02-17
    status Active
31. 2018-01-18
    historical 616-char remark

    Show marketing remark (616 chars)

    Fabulous Location in the Heart of Lyman!! You will love this sweet home it is 2 bedroom and 1 full bath. As you enter through the Covered Front Porch that is large enough for all your decorations! Then you will come into the Family Room with High Ceilings, large Dining Room and Spacious Kitchen with a butlers pantry, stove, refrigerator, and a washer and dryer to remain. The two bedrooms are very Spacious and the full bathroom has been totally refurbished. New windows throughout the home and hardwood flooring. The back has a small deck going out into the yard. Also, very nice shingled out building to remain.

32. 2018-01-18
    historical

    Show marketing remark (616 chars)

    Fabulous Location in the Heart of Lyman!! You will love this sweet home it is 2 bedroom and 1 full bath. As you enter through the Covered Front Porch that is large enough for all your decorations! Then you will come into the Family Room with High Ceilings, large Dining Room and Spacious Kitchen with a butlers pantry, stove, refrigerator, and a washer and dryer to remain. The two bedrooms are very Spacious and the full bathroom has been totally refurbished. New windows throughout the home and hardwood flooring. The back has a small deck going out into the yard. Also, very nice shingled out building to remain.

33. 2018-01-10
    status Active
34. 2017-12-27
    status Active 616-char remark

    Show marketing remark (616 chars)

    Fabulous Location in the Heart of Lyman!! You will love this sweet home it is 2 bedroom and 1 full bath. As you enter through the Covered Front Porch that is large enough for all your decorations! Then you will come into the Family Room with High Ceilings, large Dining Room and Spacious Kitchen with a butlers pantry, stove, refrigerator, and a washer and dryer to remain. The two bedrooms are very Spacious and the full bathroom has been totally refurbished. New windows throughout the home and hardwood flooring. The back has a small deck going out into the yard. Also, very nice shingled out building to remain.

35. 2017-12-06
    historical Contingency Contract

    Show marketing remark (616 chars)

    Fabulous Location in the Heart of Lyman!! You will love this sweet home it is 2 bedroom and 1 full bath. As you enter through the Covered Front Porch that is large enough for all your decorations! Then you will come into the Family Room with High Ceilings, large Dining Room and Spacious Kitchen with a butlers pantry, stove, refrigerator, and a washer and dryer to remain. The two bedrooms are very Spacious and the full bathroom has been totally refurbished. New windows throughout the home and hardwood flooring. The back has a small deck going out into the yard. Also, very nice shingled out building to remain.

36. 2017-12-06
    historical Sale with Right of Refusal 616-char remark

    Show marketing remark (616 chars)

    Fabulous Location in the Heart of Lyman!! You will love this sweet home it is 2 bedroom and 1 full bath. As you enter through the Covered Front Porch that is large enough for all your decorations! Then you will come into the Family Room with High Ceilings, large Dining Room and Spacious Kitchen with a butlers pantry, stove, refrigerator, and a washer and dryer to remain. The two bedrooms are very Spacious and the full bathroom has been totally refurbished. New windows throughout the home and hardwood flooring. The back has a small deck going out into the yard. Also, very nice shingled out building to remain.

37. 2017-11-20
    status Active

    Show marketing remark (616 chars)

    Fabulous Location in the Heart of Lyman!! You will love this sweet home it is 2 bedroom and 1 full bath. As you enter through the Covered Front Porch that is large enough for all your decorations! Then you will come into the Family Room with High Ceilings, large Dining Room and Spacious Kitchen with a butlers pantry, stove, refrigerator, and a washer and dryer to remain. The two bedrooms are very Spacious and the full bathroom has been totally refurbished. New windows throughout the home and hardwood flooring. The back has a small deck going out into the yard. Also, very nice shingled out building to remain.

38. 2017-11-20
    status Active 616-char remark

    Show marketing remark (616 chars)

    Fabulous Location in the Heart of Lyman!! You will love this sweet home it is 2 bedroom and 1 full bath. As you enter through the Covered Front Porch that is large enough for all your decorations! Then you will come into the Family Room with High Ceilings, large Dining Room and Spacious Kitchen with a butlers pantry, stove, refrigerator, and a washer and dryer to remain. The two bedrooms are very Spacious and the full bathroom has been totally refurbished. New windows throughout the home and hardwood flooring. The back has a small deck going out into the yard. Also, very nice shingled out building to remain.

39. 2017-11-09
    historical Sale with Right of Refusal 616-char remark

    Show marketing remark (616 chars)

    Fabulous Location in the Heart of Lyman!! You will love this sweet home it is 2 bedroom and 1 full bath. As you enter through the Covered Front Porch that is large enough for all your decorations! Then you will come into the Family Room with High Ceilings, large Dining Room and Spacious Kitchen with a butlers pantry, stove, refrigerator, and a washer and dryer to remain. The two bedrooms are very Spacious and the full bathroom has been totally refurbished. New windows throughout the home and hardwood flooring. The back has a small deck going out into the yard. Also, very nice shingled out building to remain.

40. 2017-11-09
    historical Contingency Contract

    Show marketing remark (616 chars)

    Fabulous Location in the Heart of Lyman!! You will love this sweet home it is 2 bedroom and 1 full bath. As you enter through the Covered Front Porch that is large enough for all your decorations! Then you will come into the Family Room with High Ceilings, large Dining Room and Spacious Kitchen with a butlers pantry, stove, refrigerator, and a washer and dryer to remain. The two bedrooms are very Spacious and the full bathroom has been totally refurbished. New windows throughout the home and hardwood flooring. The back has a small deck going out into the yard. Also, very nice shingled out building to remain.

41. 2017-10-26
    listed $96,500 Active

    Show marketing remark (616 chars)

    Fabulous Location in the Heart of Lyman!! You will love this sweet home it is 2 bedroom and 1 full bath. As you enter through the Covered Front Porch that is large enough for all your decorations! Then you will come into the Family Room with High Ceilings, large Dining Room and Spacious Kitchen with a butlers pantry, stove, refrigerator, and a washer and dryer to remain. The two bedrooms are very Spacious and the full bathroom has been totally refurbished. New windows throughout the home and hardwood flooring. The back has a small deck going out into the yard. Also, very nice shingled out building to remain.

42. 2017-10-26
    listed $96,500 Active 616-char remark

    Show marketing remark (616 chars)

    Fabulous Location in the Heart of Lyman!! You will love this sweet home it is 2 bedroom and 1 full bath. As you enter through the Covered Front Porch that is large enough for all your decorations! Then you will come into the Family Room with High Ceilings, large Dining Room and Spacious Kitchen with a butlers pantry, stove, refrigerator, and a washer and dryer to remain. The two bedrooms are very Spacious and the full bathroom has been totally refurbished. New windows throughout the home and hardwood flooring. The back has a small deck going out into the yard. Also, very nice shingled out building to remain.

ⓘ 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: $1,102 · $92/mo
• Projected year-2 tax: $1,102 · $92/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 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥104°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,897
• − Mortgage interest: −$10,643
• − Property taxes: −$1,102
• − Insurance: −$950
• − Repairs & maintenance: −$1,672
• − Management: −$1,672
• − Depreciation: −$5,527
• Taxable loss: −$668
• Est. tax savings @ 24.0%: +$160
• After-tax cash flow: $2,661/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: Spartanburg 05
• NCES district ID: 4503600
• Math proficiency: 45% ▼ -11.00%
• Reading proficiency: 51% ▬ 0.00%
• Median HH income: $52,127
• Composite: 41.31/100
• National rank: #3512
• State rank: #13 of 80 in SC

Livability — Lyman

• Score: 68/100
• State rank: #83
• US rank: #9705

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lyman, SC
• County: Spartanburg County · 258,607 people
• City population: 14,068
• Metro: Spartanburg, SC
• Population (ZIP): 14,068
• Household income: $76,966
• Rent vs Own: 13.1% rent · 86.9% own
• Severe rent burden: 234.0

Population outlook (Spartanburg County) Hauer SSP2

• Today (2025): 325,495 people
• By 2030: 338,800 · +4.1%
• By 2040: 363,471 · +11.7%
• By 2050: 384,156 · +18.0%
• By 2075: 430,137 · +32.1%
• By 2100: 442,733 · +36.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Black 11% Two or more races 10% Hispanic / Latino 9% Asian 2%
• Hispanic origin (detail): Mexican 6% Puerto Rican 2%
• Common ancestry: Scotch-Irish 5% Serbian 4% Slovak 2%
• Foreign-born: 9% · Canada, Philippines, Jamaica
• Languages at home: 83% English-only · Russian/Polish/Slavic 8% Spanish 7% Other Asian/Pacific 1%

Political lean MEDSL · Spartanburg

• 2024 margin: Solid R (+33.6) · D 32.6% · R 66.2% · Other 1.2%
• 2008→2024 swing: -12.0pp toward R · 2008: -21.6pp · 2024: -33.6pp
• All cycles: 2024: R+33.6 2020: R+27.3 2016: R+30.0 2012: R+23.1 2008: R+21.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -56.35%
• Current HPI: 254.6167
• Rent YoY: —
• Metro: Spartanburg, 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

+102.1% since first listed

27 events — show timeline

• 2026-04-02 Price Changed $195,000 Greater Greenville MLS
• 2026-02-20 Price Changed $198,000 Greater Greenville MLS
• 2026-01-08 Listed $199,900 Greater Greenville MLS
• 2025-12-05 Listing Removed — Greater Greenville MLS
• 2025-10-09 Price Changed $205,000 Greater Greenville MLS
• 2025-06-25 Listed $212,000 Greater Greenville MLS
• 2018-04-25 Sold (Public Records) $107,500 Public Records
• 2018-04-12 Sold (MLS) $107,500 Greater Greenville MLS
• 2018-04-12 Sold (MLS) $107,500 SPMLS
• 2018-03-05 Contingent — SPMLS
• 2018-03-05 Contingent — Greater Greenville MLS
• 2018-02-27 Price Changed $104,900 Greater Greenville MLS
• 2018-02-27 Price Changed $104,900 SPMLS
• 2018-02-26 Relisted — SPMLS
• 2018-02-17 Relisted — Greater Greenville MLS
• 2018-01-18 Delisted — SPMLS
• 2018-01-18 Listing Removed — Greater Greenville MLS
• 2018-01-10 Relisted — Greater Greenville MLS
• 2017-12-27 Relisted — SPMLS
• 2017-12-06 Contingent — Greater Greenville MLS
• 2017-12-06 Contingent — SPMLS
• 2017-11-20 Relisted — Greater Greenville MLS
• 2017-11-20 Relisted — SPMLS
• 2017-11-09 Contingent — SPMLS
• 2017-11-09 Contingent — Greater Greenville MLS
• 2017-10-26 Listed $96,500 Greater Greenville MLS
• 2017-10-26 Listed $96,500 SPMLS

Property tax history

-6.0%/yr

Latest (2025): $1,102 · +0.9% YoY. Source: county tax records.