126 Trickle Dr · Summerville, SC 29483

$299,000

3 bd · 2.0 ba · 1,936 sqft · SingleFamily public records · 24 Days on market

Built 2005 5,662 sqft lot Est $410k · 27% under

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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).

• ARV discount +15.0/15.0
• Cash flow +13.0/30.0
• Schools +4.1/10.0
• DSCR +3.9/10.0
• Livability +3.2/5.0
• Rent growth +2.9/5.0
• 1% rule +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Nestled among tall pines and walking trails, overlooking a tranquil pond lot, this very popular ''Lexington'' Model (Home) is known for its spacious floor plan, storage space and full front porch (Freshly painted). Built in 2005, 126 Trickle Drive has (4) Bedrooms, (2.5) Bathrooms, large backyard, 10 x 12 concrete patio, custom walk-in closet in the Master Bedroom, recently updated lighting fixtures, newly installed carpet and vinyl flooring though-out, dishwasher, rear exterior door(s) in both the kitchen and garage, and ''finished'' (2) car, attached garage with utility sink & painted floor. Dorchester District Two, Move-in Ready and No Flood Insurance.

Key facts

• Full front porch
• Large backyard
• 10x12 concrete patio

Tags

• FULL FRONT PORCH
• LARGE BACKYARD
• 10X12 CONCRETE PATIO

Property features AI

Finance

• Other: Located in the Bradford Chase subdivision; MLS area: 63 - Summerville/Ridgeville
• HOA & community: HOA fee paid annually

Exterior

• Parking: Detached 2-car garage; 2 total parking spaces; No carport
• Utilities: Public sewer
• Home design: Single-family detached home; Two stories; Fee simple ownership
• Construction: Residential construction
• Exterior features: Partial fencing; Asphalt roof

Interior

• Bedrooms: 4 bedrooms; Primary bedroom with walk-in closet(s)
• Bathrooms: 3 bathrooms (2.5 total)
• Heating & cooling: Electric heating
• Interior features: Laundry room
• Laundry & utility: Laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $299k.

Deal economics

• At list price, monthly cash flow is $-14 ($-165/yr) — negative.
• To cash-flow at today's rent, offer at most $297k (0.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $231k (22.8% below list).
• Recommended offer: $231k (22.8% below list) — sets the bar for 1% rule.
• Cap rate 6.2% vs local median 4.0% 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: Knightsville Elementary (math 40% / reading 45%, grade F, #252 of 597 statewide, top 43%, 699 students, 58% 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 60% FRL vs 36% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.4%/yr); 741 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,199 units permitted in Dorchester County in 2024 (0 in 5+ unit buildings).
• This rent runs 32% 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 $9k 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

• It's been on market 24 days — a 2% lower offer ($295k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 22y ago; this cycle's ask has dropped $16k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $209k; 43% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 96% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $230,789 (22.8% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 6.24%
• Cash-on-cash: -0.20%
• DSCR: 0.99
• GRM: 10.8

CMA / ARV

• ARV (on-the-fly): $410,432
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
112 Avoncliff Ct	0.16mi	4/2.5 (+1)	1,936 (0%)	3mo	$262,000	$135	83
139 Pecan Dr	0.21mi	3/2.5	2,011 (+4%)	4mo	$415,000	$206	79
139 Charpia Ave	0.22mi	3/2.0	2,122 (+10%)	0mo	$530,000	$250	73
137 Longdale Dr	0.50mi	4/2.0 (+1)	1,933 (-0%)	5mo	$365,000	$189	68
106 Olympic Club Dr	0.43mi	3/2.0	1,763 (-9%)	1mo	$387,500	$220	64
2412 Hummingbird Ln	0.70mi	3/2.0	2,032 (+5%)	1mo	$450,000	$221	59
2226 Sandtuck Cir	0.51mi	4/2.5 (+1)	2,054 (+6%)	1mo	$435,000	$212	58
122 Dream St	0.51mi	3/2.5	1,773 (-8%)	4mo	$297,500	$168	57
157 Dream St	0.45mi	3/2.5	1,724 (-11%)	4mo	$325,000	$189	55
103 Innisbrook Bnd	0.49mi	3/2.0	1,700 (-12%)	3mo	$395,000	$232	54
136 Longdale Dr	0.54mi	4/2.5 (+1)	2,055 (+6%)	4mo	$400,000	$195	54
110 Cantering Hills Ln	0.45mi	3/2.5	2,190 (+13%)	3mo	$611,500	$279	53

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: -18.2%
• Equity multiple: 0.37×
• Total profit: $-52,978
• Equity at exit: $44,582

10-year hold

• IRR: -13.6%
• Equity multiple: 0.26×
• Total profit: $-61,791
• 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 29483

• Home prices YoY: -34.6%
• Rents YoY: 1.4%
• Active inventory: 741
• Price-to-rent: 10.8×

Monthly cashflow live

• Estimated rent: $2,308 high
• Mortgage (P&I): −$1,568
• Tax from tax record: −$144 /mo · $1,733/yr
• Insurance: −$125
• HOA: −$0
• Vacancy / Maint / Mgmt: −$485
• Net cashflow: $-14

Break-even live

Break-even rent $2,325

Max offer price $296,569

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

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1060 Orangeburg Rd Summerville, SC	2.0–3.0	2.5	1600	$2,350	$1.47	2d	6	0.80mi
103 Barberry St Summerville, SC	3.0	2.5	1548	$2,011	$1.30	23d	1	0.87mi
105 Barberry St Summerville, SC	3.0	2.5	1285	$2,050	$1.60	3d	1	0.88mi
213 Sagebrush Ln Summerville, SC	3.0	2.0	2167	$2,100	$0.97	19d	1	0.88mi
1000 N Pine St Summerville, SC	3.0	1.0–3.0	1036	$2,760	$2.66	2d	92	0.89mi
303 Canaberry Cir Summerville, SC	3.0	2.0	1438	$2,395	$1.67	23d	1	0.91mi
319 Pimpernel St Summerville, SC	3.0	2.5	1660	$2,400	$1.45	3d	1	1.11mi
221 Berwick Dr Summerville, SC	3.0	3.0	2284	$2,500	$1.09	3d	1	1.14mi
1120 Central Ave Summerville, SC	3.0	2.0	2332	$3,100	$1.33	23d	1	1.23mi
226 Saint Catherines Ct Unit Carlile Summerville, SC	3.0	2.5	1540	$2,100	$1.36	23d	1	1.27mi
226 Saint Catherines Ct Unit Retreat Summerville, SC	3.0	2.5	1540	$2,000	$1.30	23d	1	1.27mi
409 Verbena Ave Summerville, SC	3.0	2.5	1301	$1,950	$1.50	23d	1	1.37mi
212 Longford Dr Summerville, SC	4.0	2.5	2100	$2,450	$1.17	19d	1	1.40mi
260 Pidgeon Bay Rd Summerville, SC	2.0–3.0	2.0	1286	$2,148	$1.67	3d	5	1.42mi
157 Cantona Dr Summerville, SC	3.0	2.5	1737	$2,300	$1.32	23d	1	1.49mi

Listing history 12 events

1. 2026-06-03
   days on market $299,000 Active 24 DOM
2. 2026-06-03
   days on market $299,000 Active 23 DOM
3. 2026-06-01
   days on market $299,000 Active 22 DOM
4. 2026-05-31
   days on market $299,000 Active 21 DOM
5. 2026-05-10
   listed $315,000 Active
6. 2019-02-28
   soldstatus $208,900
7. 2019-02-27
   soldstatus $208,900 Closed 667-char remark

   Show marketing remark (667 chars)

   Nestled among tall pines and walking trails, overlooking a tranquil pond lot, this very popular ''Lexington'' Model (Home) is known for its spacious floor plan, storage space and full front porch (Freshly painted). Built in 2005, 126 Trickle Drive has (4) Bedrooms, (2.5) Bathrooms, large backyard, 10 x 12 concrete patio, custom walk-in closet in the Master Bedroom, recently updated lighting fixtures, newly installed carpet and vinyl flooring though-out, dishwasher, rear exterior door(s) in both the kitchen and garage, and ''finished'' (2) car, attached garage with utility sink & painted floor. Dorchester District Two, Move-in Ready and No Flood Insurance.

8. 2019-02-05
   historical Active Contingent 667-char remark

   Show marketing remark (667 chars)

   Nestled among tall pines and walking trails, overlooking a tranquil pond lot, this very popular ''Lexington'' Model (Home) is known for its spacious floor plan, storage space and full front porch (Freshly painted). Built in 2005, 126 Trickle Drive has (4) Bedrooms, (2.5) Bathrooms, large backyard, 10 x 12 concrete patio, custom walk-in closet in the Master Bedroom, recently updated lighting fixtures, newly installed carpet and vinyl flooring though-out, dishwasher, rear exterior door(s) in both the kitchen and garage, and ''finished'' (2) car, attached garage with utility sink & painted floor. Dorchester District Two, Move-in Ready and No Flood Insurance.

9. 2019-02-01
   listed $207,900 Active 667-char remark

   Show marketing remark (667 chars)

   Nestled among tall pines and walking trails, overlooking a tranquil pond lot, this very popular ''Lexington'' Model (Home) is known for its spacious floor plan, storage space and full front porch (Freshly painted). Built in 2005, 126 Trickle Drive has (4) Bedrooms, (2.5) Bathrooms, large backyard, 10 x 12 concrete patio, custom walk-in closet in the Master Bedroom, recently updated lighting fixtures, newly installed carpet and vinyl flooring though-out, dishwasher, rear exterior door(s) in both the kitchen and garage, and ''finished'' (2) car, attached garage with utility sink & painted floor. Dorchester District Two, Move-in Ready and No Flood Insurance.

10. 2005-03-07
    soldstatus $147,425 621-char remark

    Show marketing remark (621 chars)

    THE LEXINGTON - THIS HOME IS NOT SHY OF SPACE OR STORAGE! THE FULL FRONT PORCH ON THIS 4BR, 2.5BA HOME LEADS YOU INTO THE FOYER,~ WHICH GUIDES YOU INTO THE ENORMOUS GREAT ROOM! A VERY SPACIOUS EAT-IN KITCHEN HAS THE OPTION FOR A BAY WINDOW AND THE KITCHEN SPORTS PLENTY OF COUNTER AND CABINET SPACE INCLUDING A PANTRY. A HALF BATH IS AVAILABLE TO SERVE GUESTS DOWNSTAIRS. THE MASTER BEDROOM IS ROOMY WITH A WALK-IN CLOSET THAT RUNS THE LENGTH OF THE ENTIRE BEDROOM - AND A DOOR IN THE CLOSET LEADS YOU TO EXTRA STORAGE AND THAT AGAINS RUNS THE LENGTH OF THE BEDROOM!! THE LAUNDRY IS LOCATED UPSTAIRS FOR YOUR CONVENIENCE.

11. 2004-10-13
    soldstatus $506,000
12. 2004-09-08
    listed $147,800 621-char remark

    Show marketing remark (621 chars)

    THE LEXINGTON - THIS HOME IS NOT SHY OF SPACE OR STORAGE! THE FULL FRONT PORCH ON THIS 4BR, 2.5BA HOME LEADS YOU INTO THE FOYER,~ WHICH GUIDES YOU INTO THE ENORMOUS GREAT ROOM! A VERY SPACIOUS EAT-IN KITCHEN HAS THE OPTION FOR A BAY WINDOW AND THE KITCHEN SPORTS PLENTY OF COUNTER AND CABINET SPACE INCLUDING A PANTRY. A HALF BATH IS AVAILABLE TO SERVE GUESTS DOWNSTAIRS. THE MASTER BEDROOM IS ROOMY WITH A WALK-IN CLOSET THAT RUNS THE LENGTH OF THE ENTIRE BEDROOM - AND A DOOR IN THE CLOSET LEADS YOU TO EXTRA STORAGE AND THAT AGAINS RUNS THE LENGTH OF THE BEDROOM!! THE LAUNDRY IS LOCATED UPSTAIRS FOR YOUR CONVENIENCE.

ⓘ 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: $1,733 · $144/mo
• Projected year-2 tax: $1,733 · $144/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 8/10 Severe 7 d/yr ≥107°F today · 17 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 96% 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: $27,695
• − Mortgage interest: −$16,749
• − Property taxes: −$1,733
• − Insurance: −$1,495
• − Repairs & maintenance: −$2,216
• − Management: −$2,216
• − Depreciation: −$8,698
• Taxable loss: −$5,411
• Est. tax savings @ 24.0%: +$1,299
• After-tax cash flow: $1,134/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: 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

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 · 182,866 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: 1309.0

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%

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%
• Common ancestry: Slovak 3% Lithuanian 3% Romanian 3%
• Foreign-born: 5% · Canada
• Languages at home: 93% English-only · Spanish 4%

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

Industry mix (Fortune 500 HQ in SC)

Industry	F500 HQs	Revenue
▸Packaging	1	$7B

Price history

+113.1% since first listed

8 events — show timeline

• 2026-05-10 Listed $315,000 Charleston Trident MLS
• 2019-02-28 Sold (Public Records) $208,900 Public Records
• 2019-02-27 Sold (MLS) $208,900 Charleston Trident MLS
• 2019-02-05 Contingent — Charleston Trident MLS
• 2019-02-01 Listed $207,900 Charleston Trident MLS
• 2005-03-07 Sold (MLS) $147,425 Charleston Trident MLS
• 2004-10-13 Sold (Public Records) $506,000 Public Records
• 2004-09-08 Listed $147,800 Charleston Trident MLS

Property tax history

+4.1%/yr

Latest (2025): $1,733 · -0.0% YoY. Source: county tax records.