113 Wescott Pl · Columbia, SC 29229

$299,000

4 bd · 3.0 ba · 2,064 sqft · Townhouse public records · 41 Days on market

Built 2004 348 sqft 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 +12.1/30.0
• ARV discount +7.5/15.0
• Livability +3.9/5.0
• DSCR +3.6/10.0
• Schools +3.6/10.0
• Rent growth +3.2/5.0
• 1% rule +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Wow--Great Price Reduction --on this Beautiful Townhome with double front porches overlooking the Village Green. Plenty of space for everyday relaxation and entertaining, steps away from the Harborside pool. Experience vibrant community living and the award winning Richland Two school district. Lake Carolina offers exceptional amenities, including two pools, playgrounds. shopping and dining options, and scenic walking and biking trails. The Town Center features a varity of shops, pizza options, Ice cream shop, convenience store, pet grooming, weekly farmer's market and much more, Additional on-site highlights include the YMCA, Lake Carolina Early Learning Center, and elementary and middle s

Key facts

• Playgrounds
• Harborside pool
• Double front porches

Tags

• DOUBLE FRONT PORCHES
• HARBORSIDE POOL
• RICHLAND TWO SCHOOL DISTRICT
• EXCEPTIONAL AMENITIES
• TWO POOLS
• PLAYGROUNDS

Property features AI

Finance

• Other: Directions: Off Hardscrabble into main entrance of Lake Carolina; at fountain take 2nd exit onto Lake Carolina Blvd, turn left on Wescott Place (across from the pool); home on the left
• HOA & community: Homeowners association in place; Association maintains front and back yards, common areas, exterior maintenance, landscaping, and green areas; Community amenities include playground, tennis courts, and a community pool; Sidewalks within the community

Exterior

• Parking: Two parking spaces
• Security: Community security (via association)
• Utilities: Public sewer; Public water
• Home design: Two-story home; Fiber cement (Hardie) exterior finish; Slab foundation
• Construction: Fiber cement (Hardy Plank) siding; Slab foundation
• Exterior features: Full gutters; Covered front porch; Additional covered porch; Paved road access; Public water

Interior

• Kitchen: Granite countertops; Tile flooring; Breakfast bar; Free-standing smooth-surface range; Dishwasher; Garbage disposal
• Bedrooms: Main-level primary bedroom with private bath and balcony/deck; carpeted floors and ceiling fan; Second-level bedrooms with private closets, ceiling fans, and carpeted floors; Loft on the second level
• Flooring: Carpet in living areas and bedrooms; Tile in kitchen
• Bathrooms: Two full bathrooms; One half bathroom; Main-level full bath and main-level half bath configuration
• Heating & cooling: Central heating; Central air conditioning; Gas-log (natural) fireplace
• Interior features: Ceiling fans throughout; Smoke detector; Attic with pull-down access
• Laundry & utility: Laundry located in heated space off the kitchen (main level)

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath townhouse listed at $299k.

Deal economics

• At list price, monthly cash flow is $-68 ($-811/yr) — negative.
• To cash-flow at today's rent, offer at most $287k (4.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $229k (23.4% below list).
• Recommended offer: $229k (23.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 78/100 on livability (#18 in SC, #2,436 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: employment D, crime F.
• Richland 02 (suburban): math 35% / reading 47% proficiency, ranked #29 of 80 in SC (top 36%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Lake Carolina Elementary Lower Campus (494 students, 49% FRL); Blythewood High (math 72% / reading 92%, grade A, #19 of 196 statewide, top 10%, 2,094 students, 39% FRL).
• Zoned-school proficiency averages 82% at this address vs 41% district-wide (+41 pts) — the actual schools serving this property are materially stronger than the Richland 02 average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents rising (+2.8%/yr); 406 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 37% of the median local income ($74k/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 $9k 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 41 days — a 3% lower offer ($290k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 5y ago; this cycle's ask has dropped $314.60M (100%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $230k; 30% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 65% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $229,009 (23.4% 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 41 days. Have you received any prior offers? Is the seller open to a 23% concession, seller financing, or rate buy-down credit?
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: 0.77% ✗
• Cap rate: 6.02%
• Cash-on-cash: -0.97%
• DSCR: 0.96
• GRM: 10.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.81% rent growth · sell at horizon

5-year hold

• IRR: -18.1%
• Equity multiple: 0.36×
• Total profit: $-53,273
• Equity at exit: $44,582

10-year hold

• IRR: -10.8%
• Equity multiple: 0.35×
• Total profit: $-54,050
• Equity at exit: $25,852

Cash invested: $83,720 (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 29229

• Home prices YoY: -21.5%
• Rents YoY: 2.8%
• Active inventory: 406
• Price-to-rent: 10.9×

Monthly cashflow live

• Estimated rent: $2,290 high
• Mortgage (P&I): −$1,568
• Tax from tax record: −$184 /mo · $2,210/yr
• Insurance: −$125
• HOA: −$0
• Vacancy / Maint / Mgmt: −$481
• Net cashflow: $-68

Break-even live

Break-even rent $2,376

Max offer price $287,064

Occupancy floor 98%

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: $74,750
• Closing costs: $8,970
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
20 Helton Dr Columbia, SC	1.0–3.0	1.0–2.0	1167	$1,899	$1.63	3d	38	0.47mi
7 Back Bay Ct Columbia, SC	4.0	2.5	2438	$2,370	$0.97	3d	1	0.52mi
223 Sunny Hill DR Blythewood, SC	3.0	3.5	1892	$2,495	$1.32	3d	1	0.68mi
416 Sandfarm Trl Blythewood, SC	3.0	2.5	1664	$2,025	$1.22	23d	1	0.75mi
416 Sandfarm Trl Blythewood, SC	3.0	2.5	1664	$2,025	$1.22	14d	1	0.75mi
252 Bassett Loop Columbia, SC	4.0	3.0	2260	$2,295	$1.02	23d	1	1.04mi
456 Edenhall Dr Columbia, SC	4.0	2.5	2158	$2,600	$1.20	23d	1	1.25mi
219 Pineclave Cir Columbia, SC	4.0	3.0	2300	$2,000	$0.87	23d	1	1.27mi
1964 Lake Carolina Dr Columbia, SC	4.0	2.5	1841	$1,939	$1.05	21d	1	1.29mi
2000 Lake Carolina Dr Columbia, SC	4.0	2.5	1841	$2,089	$1.13	14d	1	1.34mi
5 Glendevon Ct Columbia, SC	5.0	2.5	2050	$2,500	$1.22	23d	1	1.36mi
221 Fox Grove Cir Unit 1 Columbia, SC	4.0	2.0	2046	$1,700	$0.83	3d	1	1.48mi
520 Timber Crest Dr Columbia, SC	4.0	2.5	2195	$2,250	$1.03	23d	1	1.50mi

Listing history 28 events

1. 2026-06-18
   days on market $299,000 Active 41 DOM
2. 2026-06-17
   days on market $299,000 Active 40 DOM
3. 2026-06-16
   days on market $299,000 Active 39 DOM
4. 2026-06-15
   days on market $299,000 Active 38 DOM
5. 2026-06-14
   days on market $299,000 Active 36 DOM
6. 2026-06-13
   days on market $299,000 Active 35 DOM
7. 2026-06-10
   days on market $299,000 Active 33 DOM
8. 2026-06-09
   days on market $299,000 Active 32 DOM
9. 2026-06-08
   days on market $299,000 Active 31 DOM
10. 2026-06-07
    pricedays on market $299,000 Active 30 DOM
11. 2026-06-05
    days on market $314,900 Active 27 DOM
12. 2026-06-03
    days on market $314,900 Active 26 DOM
13. 2026-06-03
    days on market $314,900 Active 25 DOM
14. 2026-06-01
    days on market $314,900 Active 24 DOM
15. 2026-05-31
    days on market $314,900 Active 23 DOM
16. 2026-05-09
    price $314,900
17. 2026-05-08
    listed $314,900,000 Active
18. 2026-02-23
    listed $320,000 Active
19. 2023-08-07
    soldstatus $230,000
20. 2023-05-06
    status Pending
21. 2023-04-05
    price $245,000
22. 2022-12-10
    listed $260,000 Active
23. 2021-07-09
    soldstatus $207,999
24. 2021-06-04
    historical
25. 2021-05-24
    status Active
26. 2021-05-07
    historical
27. 2021-04-13
    listed $209,900 Active
28. 2007-01-16
    soldstatus $207,500

ⓘ 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: $2,210 · $184/mo
• Projected year-2 tax: $2,210 · $184/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 ≥107°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 65% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,481
• − Mortgage interest: −$16,749
• − Property taxes: −$2,210
• − Insurance: −$1,495
• − Repairs & maintenance: −$2,198
• − Management: −$2,198
• − Depreciation: −$8,698
• Taxable loss: −$6,068
• Est. tax savings @ 24.0%: +$1,456
• After-tax cash flow: $645/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: Richland 02
• NCES district ID: 4503390
• Math proficiency: 35% ▼ -15.00%
• Reading proficiency: 47% ▼ -5.00%
• Median HH income: $59,684
• Composite: 36.2/100
• National rank: #4730
• State rank: #29 of 80 in SC

Livability — Columbia

• Score: 78/100
• State rank: #18
• US rank: #2436

Category grades

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

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): 51,861
• Household income: $74,043
• Rent vs Own: 29.9% rent · 70.1% own
• Severe rent burden: 1939.0

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: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: Black 62% White 24% Hispanic / Latino 8% Two or more races 6% Asian 3%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2%
• Common ancestry: Slovak 1% Lithuanian 1% Romanian 1%
• Foreign-born: 7% · Canada, South Korea, Jamaica
• Languages at home: 89% English-only · Spanish 6% Other Indo-European 1% Korean 1%

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: ▼ -51.11%
• Current HPI: 186.782
• Rent YoY: ▲ 2.81%
• 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

+51.8% since first listed

13 events — show timeline

• 2026-05-09 Price Changed $314,900 Consolidated MLS
• 2026-05-08 Listed $314,900,000 Consolidated MLS
• 2026-02-23 Listed $320,000 Consolidated MLS
• 2023-08-07 Sold (Public Records) $230,000 Public Records
• 2023-05-06 Pending — Consolidated MLS
• 2023-04-05 Price Changed $245,000 Consolidated MLS
• 2022-12-10 Listed $260,000 Consolidated MLS
• 2021-07-09 Sold (Public Records) $207,999 Public Records
• 2021-06-04 Delisted — Consolidated MLS
• 2021-05-24 Relisted — Consolidated MLS
• 2021-05-07 Delisted — Consolidated MLS
• 2021-04-13 Listed $209,900 Consolidated MLS
• 2007-01-16 Sold (Public Records) $207,500 Public Records

Property tax history

-8.7%/yr

Latest (2025): $2,210 · +3.6% YoY. Source: county tax records.