154 Ashewicke Dr · Blythewood, SC 29229

$275,000

4 bd · 3.0 ba · 2,227 sqft · SingleFamily public records · 45 Days on market

Built 2009 5,662 sqft lot Est $347k · 21% under $113/mo HOA · 5% 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).

• ARV discount +15.0/15.0
• Cash flow +12.7/30.0
• DSCR +3.8/10.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• 1% rule +3.4/10.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Meet 154 Ashewicke Dr, recently refreshed with a new roof and new HVAC system for enhanced comfort. The interior features fresh interior paint and new flooring throughout the home, complementing the all stainless steel appliances in the kitchen. Exterior amenities include a deck and a fenced in backyard, providing functional outdoor spaces. This property is a must-see for a blend of style and comfort. Included 100-Day Home Warranty with buyer activation Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

Key facts

• New flooring
• Deck
• Fresh interior paint

Tags

• NEW ROOF
• NEW HVAC SYSTEM
• FRESH INTERIOR PAINT
• NEW FLOORING
• STAINLESS STEEL APPLIANCES
• DECK

Property features AI

Finance

• Other: Directions: Head toward Canongate Dr, turn left onto Battlewood Dr, turn right onto Ashewicke Dr
• HOA & community: Community association present; Association includes access to a pool

Exterior

• Parking: Detached garage with space for 2 vehicles
• Utilities: Public sewer
• Home design: Two-story residence
• Construction: Slab foundation
• Exterior features: Vinyl and other exterior finish; Paved road access; Public water

Interior

• Bedrooms: Primary bedroom located on the second floor
• Bathrooms: Two full bathrooms; One half bathroom; One main half bathroom
• Heating & cooling: Central cooling; Gas heating (first level)
• Interior features: Central air conditioning; Gas heating serving the first level

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $275k.

Deal economics

• At list price, monthly cash flow is $-29 ($-348/yr) — negative.
• To cash-flow at today's rent, offer at most $270k (1.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $230k (16.3% below list).
• Recommended offer: $230k (16.3% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 70/100 on livability (#58 in SC) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, health & safety 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); Ridge View High (math 43% / reading 76%, grade C+, #110 of 196 statewide, top 58%, 1,711 students, 60% FRL) — zoned schools average 54% FRL vs 38% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 60% at this address vs 41% district-wide (+18 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; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 $8k 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 45 days — a 3% lower offer ($267k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 64% 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 $230,060 (16.3% 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 45 days. Have you received any prior offers? Is the seller open to a 16% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 0.84% ✗
• Cap rate: 6.17%
• Cash-on-cash: -0.45%
• DSCR: 0.98
• GRM: 10.0

CMA / ARV

• ARV (on-the-fly): $347,412
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
533 Autumn Glen Rd	0.66mi	4/2.5	2,161 (-3%)	2mo	$190,000	$88	61
364 Highland Point Dr	0.48mi	4/3.5	2,474 (+11%)	1mo	$385,000	$156	56
108 Wharton Ln	0.58mi	4/2.5	2,348 (+5%)	8mo	$371,000	$158	56
6 S Bay Xing	0.59mi	4/2.5	2,482 (+12%)	7mo	$290,000	$117	46
114 Waterton Way	0.59mi	3/3.0 (-1)	2,510 (+13%)	18mo	$399,900	$159	32

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 · 2.81% rent growth · sell at horizon

5-year hold

• IRR: -17.3%
• Equity multiple: 0.39×
• Total profit: $-46,846
• Equity at exit: $41,003

10-year hold

• IRR: -9.6%
• Equity multiple: 0.42×
• Total profit: $-44,958
• Equity at exit: $23,777

Cash invested: $77,000 (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: 10.0×

Monthly cashflow live

• Estimated rent: $2,301 high
• Mortgage (P&I): −$1,442
• Tax from tax record: −$177 /mo · $2,121/yr
• Insurance: −$115
• HOA: −$113
• Vacancy / Maint / Mgmt: −$483
• Net cashflow: $-29

Break-even live

Break-even rent $2,337

Max offer price $269,879

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: $68,750
• Closing costs: $8,250
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
416 Sandfarm Trl Blythewood, SC	3.0	2.5	1664	$2,025	$1.22	14d	1	0.34mi
416 Sandfarm Trl Blythewood, SC	3.0	2.5	1664	$2,025	$1.22	23d	1	0.34mi
20 Helton Dr Columbia, SC	1.0–3.0	1.0–2.0	1167	$1,899	$1.63	2d	38	0.44mi
223 Sunny Hill DR Blythewood, SC	3.0	3.5	1892	$2,495	$1.32	2d	1	0.61mi
7 Back Bay Ct Columbia, SC	4.0	2.5	2438	$2,370	$0.97	3d	1	0.72mi
5 Glendevon Ct Columbia, SC	5.0	2.5	2050	$2,500	$1.22	23d	1	0.93mi
252 Bassett Loop Columbia, SC	4.0	3.0	2260	$2,295	$1.02	23d	1	1.14mi
219 Pineclave Cir Columbia, SC	4.0	3.0	2300	$2,000	$0.87	23d	1	1.22mi
669 Pine Lilly Dr Columbia, SC	4.0	2.5	2912	$2,595	$0.89	23d	1	1.23mi
520 Timber Crest Dr Columbia, SC	4.0	2.5	2195	$2,250	$1.03	23d	1	1.24mi

HOA detail

• Monthly dues: $113 · $1,356/yr

Listing history 19 events

1. 2026-06-18
   days on market $275,000 Active 45 DOM
2. 2026-06-17
   days on market $275,000 Active 44 DOM
3. 2026-06-16
   days on market $275,000 Active 43 DOM
4. 2026-06-15
   days on market $275,000 Active 42 DOM
5. 2026-06-14
   days on market $275,000 Active 40 DOM
6. 2026-06-13
   pricedays on market $275,000 Active 39 DOM
7. 2026-06-10
   days on market $290,000 Active 37 DOM
8. 2026-06-09
   days on market $290,000 Active 36 DOM
9. 2026-06-08
   days on market $290,000 Active 35 DOM
10. 2026-06-07
    days on market $290,000 Active 34 DOM
11. 2026-06-05
    days on market $290,000 Active 31 DOM
12. 2026-06-03
    days on market $290,000 Active 30 DOM
13. 2026-06-03
    days on market $290,000 Active 29 DOM
14. 2026-06-01
    days on market $290,000 Active 28 DOM
15. 2026-05-31
    days on market $290,000 Active 27 DOM
16. 2026-05-14
    price $300,000
17. 2026-05-04
    listed $305,000 Active
18. 2026-03-30
    soldstatus $305,000
19. 2018-09-24
    soldstatus $182,000

ⓘ 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: $2,121 · $177/mo
• Projected year-2 tax: $2,121 · $177/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 2/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥107°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 64% 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: $27,607
• − Mortgage interest: −$15,404
• − Property taxes: −$2,121
• − Insurance: −$1,375
• − Repairs & maintenance: −$2,209
• − Management: −$2,209
• − HOA: −$1,356
• − Depreciation: −$8,000
• Taxable loss: −$5,066
• Est. tax savings @ 24.0%: +$1,216
• After-tax cash flow: $868/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 — Blythewood

• Score: 70/100
• State rank: #58
• US rank: #7406

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Richland County · 389,530 people
• City population: 30,454
• 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

+64.8% since first listed

4 events — show timeline

• 2026-05-14 Price Changed $300,000 Consolidated MLS
• 2026-05-04 Listed $305,000 Consolidated MLS
• 2026-03-30 Sold (Public Records) $305,000 Public Records
• 2018-09-24 Sold (Public Records) $182,000 Public Records

Property tax history

+3.1%/yr

Latest (2025): $2,121 · +3.6% YoY. Source: county tax records.