2046 Chromite Dr · Graniteville, SC 29829

$226,430

3 bd · 2.0 ba · 1,184 sqft · SingleFamily · 72 Days on market

Built 2026 Good condition $29/mo HOA · 1% 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 +11.4/30.0
• Appreciation +9.2/10.0
• ARV discount +7.5/15.0
• Condition / age +4.0/5.0
• 1% rule +3.5/10.0
• DSCR +3.3/10.0
• Schools +3.2/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0

Listing remarks MLS

Highland Hills is an incredible swim community with private neighborhood pool, cabana, playground, basketball court streetlights, and sidewalks. This floor plan is a 3 bedroom and 2 bath, 1184 sq ft home with one-car garage. Open layout optimizes living space with an open concept. As you enter the foyer you are greeted with a spacious living room and spacious kitchen featuring stainless steel appliances with ample granite countertop space. The photos you see here are for illustration purposes only, interior and exterior features, options, colors and selections will differ.

Key facts

• Basketball court
• Cabana
• Streetlights

Tags

• PRIVATE NEIGHBORHOOD POOL
• CABANA
• PLAYGROUND
• BASKETBALL COURT
• STREETLIGHTS
• SIDEWALKS

🏗️ New construction. The $226,430 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $230,880.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $226k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-81 ($-969/yr) — negative.
• To cash-flow at today's rent, offer at most $219k (3.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $195k (13.7% below list).
• Recommended offer: $195k (13.7% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 59/100 on livability (#240 in SC) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, crime B+; Watch: amenities F, commute F, employment F.
• Aiken 01 (suburban): math 31% / reading 44% proficiency, ranked #36 of 80 in SC (top 45%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Byrd Elementary (math 28% / reading 36%, grade F, #369 of 597 statewide, top 64%, 657 students, 37% FRL); Leavelle Mccampbell Middle (math 19% / reading 32%, grade F, #162 of 229 statewide, top 71%, 650 students, 55% FRL); Midland Valley High (math 31% / reading 83%, grade C, #120 of 196 statewide, top 64%, 1,477 students, 62% FRL) — zoned schools at 51% FRL track the district average.
• Market conditions: 299 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,500 units permitted in Aiken County in 2024 (1,023 in 5+ unit buildings).

Forward outlook

• In year one you build about $21k of equity ($2k loan paydown + $19k appreciation (8.4% local appreciation)).
• Aiken County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (8.4% appreciation + 3.0% rent growth), your $65k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 72 days — a 6% lower offer ($213k) is reasonable based on typical stale-listing flexibility.
• 3 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 $195,416 (13.7% 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 72 days. Have you received any prior offers? Is the seller open to a 14% 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: 0.85% ✗
• Cap rate: 5.87%
• Cash-on-cash: -1.50%
• DSCR: 0.93
• GRM: 9.8

CMA / ARV

• ARV (on-the-fly): $230,880
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2012 Chromite Dr	0.02mi	3/2.0	1,184 (0%)	3mo	$231,655	$196	97
4207 Crimson Pass Pass	0.04mi	3/2.0	1,184 (0%)	14mo	$226,430	$191	87
4218 Crimson Pass	0.06mi	3/2.0	1,184 (0%)	13mo	$230,305	$195	86
977 Bauxite	0.06mi	3/2.0	1,184 (0%)	17mo	$225,000	$190	83

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

8.38% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 19.7%
• Equity multiple: 2.48×
• Total profit: $95,655
• Equity at exit: $181,409

10-year hold

• IRR: 18.3%
• Equity multiple: 5.36×
• Total profit: $281,805
• Equity at exit: $365,977

Cash invested: $64,646 (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 29829

• Home prices YoY: 3.0%
• Active inventory: 299
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $1,954 high
• Mortgage (P&I): −$1,211
• Tax est. 1.5%: −$289 /mo · $3,463/yr
• Insurance: −$96
• HOA: −$29
• Vacancy / Maint / Mgmt: −$410
• Net cashflow: $-81

Break-even live

Break-even rent $2,056

Max offer price $219,192

Occupancy floor 99%

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: $57,720
• Closing costs: $6,926
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2477 Banyon Cir Graniteville, SC	3.0	2.5	1300	$1,574	$1.21	23d	1	0.71mi
2137 Banyon Cir Graniteville, SC	3.0	2.5	1305	$1,549	$1.19	14d	1	0.71mi
2129 Banyon Cir Graniteville, SC	3.0	2.5	1305	$1,549	$1.19	21d	1	0.72mi
2097 Banyon Cir Graniteville, SC	3.0	2.5	1305	$1,549	$1.19	21d	1	0.73mi
2541 Banyon Cir Graniteville, SC	3.0	2.5	1300	$1,574	$1.21	14d	1	0.74mi
934 Quaint Parish Cir Graniteville, SC	3.0	2.5	1435	$1,800	$1.25	23d	1	0.99mi
507 Satinwood Cir Graniteville, SC	3.0–4.0	2.0–2.5	1776	$1,989	$1.12	14d	5	1.09mi

HOA detail

• Monthly dues: $29 · $348/yr
• Likely covers: pool

Listing history 12 events

1. 2026-06-17
   pricedays on marketlisting id $226,430 Pending 72 DOM
2. 2026-06-09
   pricedays on marketlisting id $226,530 Pending
3. 2026-04-15
   status Pending
4. 2026-03-18
   historical 579-char remark

   Show marketing remark (579 chars)

   Highland Hills is an incredible swim community with private neighborhood pool, cabana, playground, basketball court streetlights, and sidewalks. This floor plan is a 3 bedroom and 2 bath, 1184 sq ft home with one-car garage. Open layout optimizes living space with an open concept. As you enter the foyer you are greeted with a spacious living room and spacious kitchen featuring stainless steel appliances with ample granite countertop space. The photos you see here are for illustration purposes only, interior and exterior features, options, colors and selections will differ.

5. 2026-03-18
   status Pending

   Show marketing remark (579 chars)

   Highland Hills is an incredible swim community with private neighborhood pool, cabana, playground, basketball court streetlights, and sidewalks. This floor plan is a 3 bedroom and 2 bath, 1184 sq ft home with one-car garage. Open layout optimizes living space with an open concept. As you enter the foyer you are greeted with a spacious living room and spacious kitchen featuring stainless steel appliances with ample granite countertop space. The photos you see here are for illustration purposes only, interior and exterior features, options, colors and selections will differ.

6. 2026-03-17
   historical
7. 2026-03-06
   price $226,430
8. 2026-03-01
   price $226,530
9. 2026-02-20
   price $226,530
10. 2026-02-02
    listed $226,430 Active

    Show marketing remark (579 chars)

    Highland Hills is an incredible swim community with private neighborhood pool, cabana, playground, basketball court streetlights, and sidewalks. This floor plan is a 3 bedroom and 2 bath, 1184 sq ft home with one-car garage. Open layout optimizes living space with an open concept. As you enter the foyer you are greeted with a spacious living room and spacious kitchen featuring stainless steel appliances with ample granite countertop space. The photos you see here are for illustration purposes only, interior and exterior features, options, colors and selections will differ.

11. 2026-02-02
    listed $226,430 Active

    Show marketing remark (579 chars)

    Highland Hills is an incredible swim community with private neighborhood pool, cabana, playground, basketball court streetlights, and sidewalks. This floor plan is a 3 bedroom and 2 bath, 1184 sq ft home with one-car garage. Open layout optimizes living space with an open concept. As you enter the foyer you are greeted with a spacious living room and spacious kitchen featuring stainless steel appliances with ample granite countertop space. The photos you see here are for illustration purposes only, interior and exterior features, options, colors and selections will differ.

12. 2026-02-02
    listed $226,530 579-char remark

    Show marketing remark (579 chars)

    Highland Hills is an incredible swim community with private neighborhood pool, cabana, playground, basketball court streetlights, and sidewalks. This floor plan is a 3 bedroom and 2 bath, 1184 sq ft home with one-car garage. Open layout optimizes living space with an open concept. As you enter the foyer you are greeted with a spacious living room and spacious kitchen featuring stainless steel appliances with ample granite countertop space. The photos you see here are for illustration purposes only, interior and exterior features, options, colors and selections will differ.

ⓘ 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: $23,450
• − Mortgage interest: −$12,933
• − Property taxes: −$3,463
• − Insurance: −$1,154
• − Repairs & maintenance: −$1,876
• − Management: −$1,876
• − HOA: −$348
• − Depreciation: −$6,717
• Taxable loss: −$4,917
• Est. tax savings @ 24.0%: +$1,180
• After-tax cash flow: $211/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 None rehab

This home is in good condition with a modern kitchen and good curb appeal. Minor touch-ups and maintenance can further enhance its value.

Value-add opportunities

• Resale Paint exterior trim — Enhances curb appeal and can increase property value.
• Rental Clean gutters — Keeps property in good condition and reduces maintenance costs for tenants.

Renovation cost estimate screening

Value-add ROI direction

• Resale Paint exterior trim — Enhances curb appeal and can increase property value. ↑
• Rental Clean gutters — Keeps property in good condition and reduces maintenance costs for tenants. ↑

ⓘ 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: Aiken 01
• NCES district ID: 4500720
• Math proficiency: 31% ▼ -11.00%
• Reading proficiency: 44% ▼ -1.00%
• Median HH income: $45,081
• Composite: 31.91/100
• National rank: #5857
• State rank: #36 of 80 in SC

Livability — Graniteville

• Score: 59/100
• State rank: #240
• US rank: #19924

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Aiken County · 116,534 people
• City population: 12,385
• Metro: Augusta-Richmond County, GA-SC
• Population (ZIP): 12,385
• Household income: $84,228
• Rent vs Own: 18.3% rent · 81.7% own
• Severe rent burden: 213.0

Population outlook (Aiken County) Hauer SSP2

• Today (2025): 178,003 people
• By 2030: 182,876 · +2.7%
• By 2040: 189,970 · +6.7%
• By 2050: 193,840 · +8.9%
• By 2075: 199,453 · +12.1%
• By 2100: 192,403 · +8.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 59% Black 26% Hispanic / Latino 12% Two or more races 9% Asian 1%
• Hispanic origin (detail): Mexican 8% Puerto Rican 1%
• Common ancestry: Italian 2% Swedish 2% Slovak 1%
• Foreign-born: 6% · Canada
• Languages at home: 89% English-only · Spanish 10% Other Indo-European 1%

Political lean MEDSL · Aiken

• 2024 margin: Strong R (+25.9) · D 36.4% · R 62.2% · Other 1.4%
• 2008→2024 swing: -1.9pp toward R · 2008: -24.0pp · 2024: -25.9pp
• All cycles: 2024: R+25.9 2020: R+22.7 2016: R+27.5 2012: R+26.0 2008: R+24.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 8.38%
• Current HPI: 286.4155
• Rent YoY: —
• Metro: Augusta-Richmond County, GA-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

-0.0% since first listed

10 events — show timeline

• 2026-04-15 Pending — AMLS
• 2026-03-18 Listing Removed — Hive MLS
• 2026-03-18 Pending — Hive MLS
• 2026-03-17 Listing Removed — Hive MLS
• 2026-03-06 Price Changed $226,430 AMLS
• 2026-03-01 Price Changed $226,530 AMLS
• 2026-02-20 Price Changed $226,530 Hive MLS
• 2026-02-02 Listed $226,430 AMLS
• 2026-02-02 Listed $226,430 Hive MLS
• 2026-02-02 Listed $226,530 Hive MLS