134 Miranda Rd · Pine Ridge, SC 29172

$205,000

3 bd · 1.5 ba · 1,200 sqft · SingleFamily public records · 11 Days on market

Built 1972 10,454 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).

• Appreciation +10.0/10.0
• Cash flow +8.5/30.0
• ARV discount +7.5/15.0
• Livability +3.3/5.0
• Schools +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +2.3/10.0
• 1% rule +1.6/10.0

Listing remarks

Move in Ready, Convenient Location and Pride of ownership is what you will find at 134 Miranda Rd! This 4 bed, 2 bath, 1200 sq ft home is updated with new roof/HVAC in 2021, LVP through out main living areas, granite kitchen countertops and tiled hall bath. Freshly painted! Master bedroom has private en-suite with tub/shower combo. Hall bath has walk in shower. Floor plan also has separate laundry area/mud room that leads to backyard. 2 Bay Carport in rear with covered deck and patio area. Convenient to Hwy 20, Hwy 77, and the State Farmer's Market and reports to Cayce Elementary, Fulmer Middle and Airport High School. Schedule your showing today. Disclaimer: CMLS has not reviewed and, t

Key facts

• Hvac
• Tiled hall bath
• Private en-suite

Tags

• NEW ROOF
• HVAC
• GRANITE KITCHEN COUNTERTOPS
• TILED HALL BATH
• PRIVATE EN-SUITE
• WALK IN SHOWER

Property features AI

Exterior

• Parking: Detached carport; Two garage spaces (main level); Four total parking spaces
• Utilities: Public sewer; Community water
• Home design: Single-story home; West-facing
• Construction: Crawlspace foundation
• Exterior features: Brick exterior above foundation; Rear chain-link fence; Paved road access; Community water

Interior

• Kitchen: Granite countertops; Painted cabinets; Luxury vinyl plank flooring
• Bedrooms: Master bedroom on main level with private bath, tub/shower, closet and carpeted floors; Three additional main-level bedrooms with shared baths, closets and carpeted floors
• Flooring: Carpet in bedrooms; Luxury vinyl plank in great room and kitchen
• Bathrooms: Two full bathrooms
• Heating & cooling: Central cooling; Central electric heating
• Interior features: Free-standing smooth-surface range; Ceiling fans in bedrooms and great room; Granite countertops and painted cabinets in the kitchen; Luxury vinyl plank flooring in the great room and kitchen; Electric laundry hookup on the main level
• Laundry & utility: Electric laundry on main level

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $205k.

Deal economics

• At list price, monthly cash flow is $-179 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $173k (15.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $134k (34.4% below list).
• Recommended offer: $134k (34.4% below list) — sets the bar for 1% rule.
• Cap rate 5.2% vs local median 3.7% in Pine Ridge — 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 66/100 on livability (#116 in SC) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment C-, amenities F, commute F.
• Lexington 02 (suburban): math 30% / reading 38% proficiency, ranked #45 of 80 in SC (top 56%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Cayce Elementary (math 24% / reading 22%, grade F, #469 of 597 statewide, top 79%, 998 students, 100% FRL); R. H. Fulmer Middle (math 30% / reading 39%, grade F, #107 of 229 statewide, top 47%, 568 students, 100% FRL); Airport High (math 40% / reading 79%, grade C+, #110 of 196 statewide, top 58%, 1,428 students, 84% FRL) — zoned schools average 95% FRL vs 59% district-wide (36 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 56 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); 1,712 units permitted in Lexington County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $22k of equity ($1k loan paydown + $20k appreciation (10.0% local appreciation)).
• Lexington County population projected at +26% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 4y ago 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.
• Current owner paid $171k; 20% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 68% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $134,413 (34.4% 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. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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?
6. 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.
7. 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.
8. 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: 0.66% ✗
• Cap rate: 5.24%
• Cash-on-cash: -3.75%
• DSCR: 0.83
• GRM: 12.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 21.6%
• Equity multiple: 2.74×
• Total profit: $100,140
• Equity at exit: $184,680

10-year hold

• IRR: 19.5%
• Equity multiple: 6.29×
• Total profit: $303,703
• Equity at exit: $398,270

Cash invested: $57,400 (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 29172

• Home prices YoY: 14.4%
• Active inventory: 56
• Price-to-rent: 12.7×

Monthly cashflow live

• Estimated rent: $1,344 medium
• Mortgage (P&I): −$1,075
• Tax from tax record: −$81 /mo · $969/yr
• Insurance: −$85
• HOA: −$0
• Vacancy / Maint / Mgmt: −$282
• Net cashflow: $-179

Break-even live

Break-even rent $1,571

Max offer price $173,322

Occupancy floor —

Sensitivity live

Price	-10% $-63	-5% $-121	+0% $-179	+5% $-237	+10% $-295
Rent	-10% $-286	-5% $-232	+0% $-179	+5% $-126	+10% $-73
Rate	-1.0pp $-76	-0.5pp $-127	base $-179	+0.5pp $-232	+1.0pp $-286

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: $51,250
• Closing costs: $6,150
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
137 Miranda Rd West Columbia, SC	3.0	1.0	1080	$1,300	$1.20	4d	1	0.03mi
357 Creighton Dr West Columbia, SC	3.0	2.0	1417	$1,600	$1.13	4d	1	0.78mi
315 Gardners Terrace Rd West Columbia, SC	2.0	1.0	1333	$1,500	$1.13	25d	1	1.17mi

Listing history 8 events

1. 2026-06-21
   days on market $205,000 Active 11 DOM
2. 2026-06-18
   days on market $205,000 Active 8 DOM
3. 2026-06-17
   days on market $205,000 Active 7 DOM
4. 2026-06-16
   days on market $205,000 Active 6 DOM
5. 2026-06-15
   days on market $205,000 Active 5 DOM
6. 2026-06-14
   days on market $205,000 Active 3 DOM
7. 2026-06-13
   remarks 699-char remark
8. 2026-06-13
   listed $205,000 Active 2 DOM

ⓘ 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: $969 · $81/mo
• Projected year-2 tax: $1,168 · $97/mo
• Expected delta: +$200/yr (+$17/mo · 20.6%)

ⓘ 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 5/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥108°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 68% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,130
• − Mortgage interest: −$11,483
• − Property taxes: −$969
• − Insurance: −$1,025
• − Repairs & maintenance: −$1,290
• − Management: −$1,290
• − Depreciation: −$5,964
• Taxable loss: −$5,892
• Est. tax savings @ 24.0%: +$1,414
• After-tax cash flow: $-738/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: Lexington 02
• NCES district ID: 4502730
• Math proficiency: 30% ▼ -6.00%
• Reading proficiency: 38% ▬ 0.00%
• Median HH income: $42,532
• Composite: 28.78/100
• National rank: #6669
• State rank: #45 of 80 in SC

Livability — Pine Ridge

• Score: 66/100
• State rank: #116
• US rank: #11691

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 9,354

Population outlook (Lexington County) Hauer SSP2

• Today (2025): 322,999 people
• By 2030: 342,356 · +6.0%
• By 2040: 377,715 · +16.9%
• By 2050: 406,984 · +26.0%
• By 2075: 465,447 · +44.1%
• By 2100: 485,674 · +50.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.55)
• Race & ethnicity: White 60% Black 29% Two or more races 6% Hispanic / Latino 5% Asian 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2%
• Common ancestry: Serbian 7% Slovak 2% Italian 2%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 3% Other Asian/Pacific 1%

Political lean MEDSL · Lexington

• 2024 margin: Solid R (+33.5) · D 32.5% · R 66.0% · Other 1.4%
• 2008→2024 swing: +4.6pp toward D · 2008: -38.0pp · 2024: -33.5pp
• All cycles: 2024: R+33.5 2020: R+30.1 2016: R+36.7 2012: R+37.8 2008: R+38.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 45.94%
• Current HPI: 364.73
• Rent YoY: —
• Metro: —
• 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

+371.3% since first listed

7 events — show timeline

• 2026-06-10 Listed $205,000 Consolidated MLS
• 2022-07-28 Sold (Public Records) $171,000 Public Records
• 2022-05-25 Delisted — Consolidated MLS
• 2022-05-19 Listed $165,000 Consolidated MLS
• 2022-01-24 Sold (Public Records) $99,000 Public Records
• 2017-09-22 Price Changed $67,000 Consolidated MLS
• 1995-01-01 Sold (Public Records) $43,500 Public Records

Property tax history

+2.9%/yr

Latest (2024): $969 · +3.3% YoY. Source: county tax records.