416 Red And White St · Sumter, SC 29150

$55,000

2 bd · 1.0 ba · 929 sqft · SingleFamily public records · 84 Days on market

Built 1957 5,227 sqft lot

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Why this score? — see what drove the B- 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Rent growth +3.1/5.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• Schools +1.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This Investor Special is livable. With a little cosmetic work this will be a quaint little home. Close to all Sumter Original Brewery, J. O Gradys, Prisma Health, and just a short drive to Shaw Air Force Base.

Key facts

• New heat pump
• Flooring redone
• New oven

Tags

• ROOF REPLACEMENT
• NEW HEAT PUMP
• FLOORING REDONE
• NEW OVEN

Property features AI

Exterior

• Parking: 2 parking spaces
• Security: Other security features
• Utilities: Public water; Public sewer; Electricity available; Natural gas available; Water available; Paved road (publicly maintained)
• Home design: Single family residence; House
• Construction: Vinyl siding
• Exterior features: Chain link fencing; Shed(s)

Interior

• Kitchen: Oven; Range; Refrigerator
• Flooring: Vinyl
• Bathrooms: 1 full bathroom
• Heating & cooling: Heat pump heating; Central air; Heat pump cooling
• Interior features: Oven, Range, Refrigerator; Vinyl flooring; Crawl space basement; Other laundry features
• Laundry & utility: Other laundry features

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $55k.

Deal economics

• At list price, monthly cash flow is $602 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $55k).
• Recommended offer: $52k (6.0% below list) — sets the bar for market timing.
• Cap rate 19.4% vs local median 3.4% in Sumter — 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 59/100 on livability (#235 in SC) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, health & safety A+, housing A-; Watch: crime F, amenities F, commute F.
• Sumter 01 (urban): math 18% / reading 28% proficiency, ranked #64 of 80 in SC (top 80%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Wilder Elementary (math 22% / reading 22%, grade F, #475 of 597 statewide, top 81%, 376 students, 100% FRL); Bates Middle (math 9% / reading 21%, grade F, #202 of 229 statewide, top 89%, 569 students, 100% FRL); Sumter High School (math 22% / reading 67%, grade F, #166 of 196 statewide, top 87%, 2,289 students, 100% FRL) — zoned schools average 100% FRL vs 64% district-wide (36 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+2.5%/yr); 376 active listings in the ZIP; 386 units permitted in Sumter County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $380 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Sumter County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 2.5% rent growth), your $15k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 84 days — a 6% lower offer ($52k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 2y ago; this cycle's ask is 6775% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $30k; list at $55k implies a 83% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1957 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $51,700 (6.0% below list)

Questions for the listing agent

1. It's been on market 84 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1957 — 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. 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?
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: 2.27% ✓
• Cap rate: 19.43%
• Cash-on-cash: 46.93%
• DSCR: 3.09
• GRM: 3.7

CMA / ARV

• ARV (on-the-fly): $28,799
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
705 S Main St	0.27mi	3/1.0 (+1)	924 (-0%)	5mo	$28,500	$31	77
298 N Brand St	0.36mi	3/2.0 (+1)	1,049 (+13%)	1mo	$106,000	$101	52
544 S Sumter St	0.43mi	3/1.0 (+1)	1,012 (+9%)	23mo	$10,000	$10	41

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 · 2.55% rent growth · sell at horizon

5-year hold

• IRR: 43.8%
• Equity multiple: 2.88×
• Total profit: $28,906
• Equity at exit: $8,201

10-year hold

• IRR: 49.6%
• Equity multiple: 5.70×
• Total profit: $72,363
• Equity at exit: $4,755

Cash invested: $15,400 (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 29150

• Rents YoY: 2.5%
• Active inventory: 376
• Price-to-rent: 3.7×

Monthly cashflow live

• Estimated rent: $1,246 medium
• Mortgage (P&I): −$288
• Tax from tax record: −$71 /mo · $848/yr
• Insurance: −$23
• HOA: −$0
• Vacancy / Maint / Mgmt: −$262
• Net cashflow: $602

Break-even live

Break-even rent $484

Max offer price $55,000

Occupancy floor 47%

Sensitivity live

Price	-10% $633	-5% $618	+0% $602	+5% $587	+10% $571
Rent	-10% $504	-5% $553	+0% $602	+5% $652	+10% $701
Rate	-1.0pp $630	-0.5pp $616	base $602	+0.5pp $588	+1.0pp $574

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: $13,750
• Closing costs: $1,650
• Reserves months: —
• Total cash needed: —

Listing history 29 events

1. 2026-06-19
   days on market $55,000 Active 84 DOM
2. 2026-06-18
   days on market $55,000 Active 83 DOM
3. 2026-06-17
   days on market $55,000 Active 82 DOM
4. 2026-06-16
   days on market $55,000 Active 81 DOM
5. 2026-06-15
   days on market $55,000 Active 80 DOM
6. 2026-06-14
   days on market $55,000 Active 78 DOM
7. 2026-06-13
   days on market $55,000 Active 77 DOM
8. 2026-06-10
   days on market $55,000 Active 75 DOM
9. 2026-06-09
   days on market $55,000 Active 74 DOM
10. 2026-06-08
    days on market $55,000 Active 73 DOM
11. 2026-06-07
    days on market $55,000 Active 72 DOM
12. 2026-06-02
    days on market $55,000 Active 67 DOM
13. 2026-06-01
    days on market $55,000 Active 66 DOM
14. 2026-05-31
    days on market $55,000 Active 65 DOM
15. 2026-05-30
    days on market $55,000 Active 64 DOM
16. 2026-05-20
    listed $800
17. 2026-05-13
    price $55,000
18. 2026-04-09
    price $60,000
19. 2026-03-27
    listed $65,000 Active
20. 2025-12-17
    soldstatus $30,000 Closed 209-char remark

    Show marketing remark (209 chars)

    This Investor Special is livable. With a little cosmetic work this will be a quaint little home. Close to all Sumter Original Brewery, J. O Gradys, Prisma Health, and just a short drive to Shaw Air Force Base.

21. 2025-12-06
    status Pending 209-char remark

    Show marketing remark (209 chars)

    This Investor Special is livable. With a little cosmetic work this will be a quaint little home. Close to all Sumter Original Brewery, J. O Gradys, Prisma Health, and just a short drive to Shaw Air Force Base.

22. 2025-11-15
    price $33,000 209-char remark

    Show marketing remark (209 chars)

    This Investor Special is livable. With a little cosmetic work this will be a quaint little home. Close to all Sumter Original Brewery, J. O Gradys, Prisma Health, and just a short drive to Shaw Air Force Base.

23. 2025-11-06
    price $38,000 209-char remark

    Show marketing remark (209 chars)

    This Investor Special is livable. With a little cosmetic work this will be a quaint little home. Close to all Sumter Original Brewery, J. O Gradys, Prisma Health, and just a short drive to Shaw Air Force Base.

24. 2025-10-28
    price $43,000 209-char remark

    Show marketing remark (209 chars)

    This Investor Special is livable. With a little cosmetic work this will be a quaint little home. Close to all Sumter Original Brewery, J. O Gradys, Prisma Health, and just a short drive to Shaw Air Force Base.

25. 2025-10-22
    price $49,500 209-char remark

    Show marketing remark (209 chars)

    This Investor Special is livable. With a little cosmetic work this will be a quaint little home. Close to all Sumter Original Brewery, J. O Gradys, Prisma Health, and just a short drive to Shaw Air Force Base.

26. 2025-10-07
    listed $53,900 Active 209-char remark

    Show marketing remark (209 chars)

    This Investor Special is livable. With a little cosmetic work this will be a quaint little home. Close to all Sumter Original Brewery, J. O Gradys, Prisma Health, and just a short drive to Shaw Air Force Base.

27. 2024-06-20
    soldstatus $43,000 Closed 309-char remark

    Show marketing remark (309 chars)

    SOLD AS IS! This 2 bedroom, 1 bath home located in the center of Sumter, is a great chance to maximize on an investment property. This home features 2 covered porches, 1 on the front and the other at the back of the property. There is an additional room that can be used as an office space , den, or bedroom.

28. 2024-06-01
    status Pending 309-char remark

    Show marketing remark (309 chars)

    SOLD AS IS! This 2 bedroom, 1 bath home located in the center of Sumter, is a great chance to maximize on an investment property. This home features 2 covered porches, 1 on the front and the other at the back of the property. There is an additional room that can be used as an office space , den, or bedroom.

29. 2024-05-28
    listed $50,000 Active 309-char remark

    Show marketing remark (309 chars)

    SOLD AS IS! This 2 bedroom, 1 bath home located in the center of Sumter, is a great chance to maximize on an investment property. This home features 2 covered porches, 1 on the front and the other at the back of the property. There is an additional room that can be used as an office space , den, or bedroom.

ⓘ 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: $848 · $71/mo
• Projected year-2 tax: $848 · $71/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 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥108°F today · 17 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,952
• − Mortgage interest: −$3,081
• − Property taxes: −$848
• − Insurance: −$275
• − Repairs & maintenance: −$1,196
• − Management: −$1,196
• − Depreciation: −$1,600
• Taxable income: $6,755
• Est. tax owed @ 24.0%: −$1,621
• After-tax cash flow: $5,606/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: Sumter 01
• NCES district ID: 4503902
• Math proficiency: 18% ▼ -13.00%
• Reading proficiency: 28% ▼ -6.00%
• Median HH income: $40,423
• Composite: 19.45/100
• National rank: #8775
• State rank: #64 of 80 in SC

Livability — Sumter

• Score: 59/100
• State rank: #235
• US rank: #19754

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sumter, SC
• County: Sumter County · 76,912 people
• City population: 67,992
• Metro: Sumter, SC
• Population (ZIP): 38,538
• Household income: $50,965
• Rent vs Own: 40.4% rent · 59.6% own
• Severe rent burden: 1136.0

Population outlook (Sumter County) Hauer SSP2

• Today (2025): 104,585 people
• By 2030: 102,282 · -2.2%
• By 2040: 96,258 · -8.0%
• By 2050: 89,592 · -14.3%
• By 2075: 74,715 · -28.6%
• By 2100: 60,235 · -42.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.60)
• Race & ethnicity: Black 50% White 39% Hispanic / Latino 5% Two or more races 4% Asian 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 1%
• Common ancestry: Slovak 2% Lithuanian 1% Italian 1%
• Foreign-born: 4% · Canada, China, Vietnam
• Languages at home: 93% English-only · Spanish 4% Other Indo-European 1% German/W. Germanic 1%

Political lean MEDSL · Sumter

• 2024 margin: Toss-up / Even · D 51.9% · R 47.0% · Other 1.2%
• 2008→2024 swing: -10.6pp toward R · 2008: 15.4pp · 2024: 4.9pp
• All cycles: 2024: D+4.9 2020: D+13.0 2016: D+12.0 2012: D+17.5 2008: D+15.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -100.16%
• Current HPI: 129.032
• Rent YoY: ▲ 2.55%
• Metro: Sumter, 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

+10.0% since first listed

14 events — show timeline

• 2026-05-20 Listed for Rent $800 Avail
• 2026-05-13 Price Changed $55,000 SBOR
• 2026-04-09 Price Changed $60,000 SBOR
• 2026-03-27 Listed $65,000 SBOR
• 2025-12-17 Sold (MLS) $30,000 SBOR
• 2025-12-06 Pending — SBOR
• 2025-11-15 Price Changed $33,000 SBOR
• 2025-11-06 Price Changed $38,000 SBOR
• 2025-10-28 Price Changed $43,000 SBOR
• 2025-10-22 Price Changed $49,500 SBOR
• 2025-10-07 Listed $53,900 SBOR
• 2024-06-20 Sold (MLS) $43,000 SBOR
• 2024-06-01 Pending — SBOR
• 2024-05-28 Listed $50,000 SBOR

Property tax history

+30.6%/yr

Latest (2025): $848 · +1308.1% YoY. Source: county tax records.