315 George St · Walterboro, SC 29488

$265,000

3 bd · 1.0 ba · 1,305 sqft · SingleFamily public records · 73 Days on market

Built 1976 0.34 ac 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).

• Cash flow +17.5/30.0
• ARV discount +7.5/15.0
• DSCR +5.5/10.0
• 1% rule +3.7/10.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this cozy 3-bedroom home located in the heart of Walterboro. Upon entering the property, you will appreciate the full concrete driveway that makes it convenient for you to pull in and out of! There are two detached carports located in the front making it easy to cover up and unload in the rain. As you step inside take note of the original hardwood floors that flow through the family room throughout the bedrooms. The large kitchen has so much space to create the perfect area for anyone who loves to cook and entertain. Offering an abundance of cabinets giving you the storage you need. Step outside to the spacious backyard that is perfect for an evening of fun with friends and family. This home is move in ready and the sellers just installed a brand-new roof!An array of possibilities is endless here! The new owners will really appreciate having a sun room, an additional flex space located in the middle of the home, and even storage located outside in the sheds that will convey! Do not miss the opportunity to make this your next home!

Key facts

• Durable metal roof
• Recent updates
• Large fenced yard

Tags

• DURABLE METAL ROOF
• BRIGHT SUNROOM
• LARGE FENCED YARD
• TWO ADDITIONAL SHEDS
• FLEXIBLE ZONING POTENTIAL
• RECENT UPDATES

Property features AI

Exterior

• Parking: 1-car garage; 2-car carport (total parking for 3 vehicles)
• Utilities: Public sewer; City of Walterboro utilities; Dominion Energy
• Home design: Single-family detached residence; One story
• Construction: Metal roof
• Exterior features: Chain link and metal enclosed fencing; Privacy fencing; Shed(s); Handicapped equipped

Interior

• Kitchen: Dishwasher; Disposal; Electric cooktop; Electric range; Electric oven; Self-cleaning oven
• Bedrooms: 4 bedrooms (master on lower level with ceiling fan)
• Flooring: Ceramic tile; Laminate; Luxury vinyl; Wood
• Bathrooms: 1 bathroom
• Heating & cooling: Central air; Electric heating; Heat pump; Natural gas heating
• Interior features: Ceiling fan(s); Eat-in kitchen
• Laundry & utility: Washer; Dryer; Washer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $265k.

Deal economics

• At list price, monthly cash flow is $204 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $231k (12.7% below list).
• Recommended offer: $231k (12.7% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 57/100 on livability (#269 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.
• Colleton 01 (rural): math 13% / reading 28% proficiency, ranked #69 of 80 in SC (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Forest Hills Elementary (math 17% / reading 24%, grade F, #490 of 597 statewide, top 82%, 469 students, 100% FRL); Colleton County Middle (math 8% / reading 18%, grade F, #210 of 229 statewide, top 93%, 1,121 students, 100% FRL); Colleton County High (math 28% / reading 80%, grade C-, #137 of 196 statewide, top 70%, 1,497 students, 100% FRL) — zoned schools average 100% FRL vs 69% district-wide (31 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 222 active listings in the ZIP; 50 units permitted in Colleton County in 2024 (0 in 5+ unit buildings).

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.
• Colleton County population projected at -28% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 73 days — a 6% lower offer ($249k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y 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 $175k; list at $265k implies a 51% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 80% 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 $231,225 (12.7% below list)

Questions for the listing agent

1. It's been on market 73 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
2. Built in 1976 — 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 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?
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. 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: 0.87% ✗
• Cap rate: 7.22%
• Cash-on-cash: 3.30%
• DSCR: 1.15
• GRM: 9.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -11.1%
• Equity multiple: 0.60×
• Total profit: $-30,026
• Equity at exit: $39,512

10-year hold

• IRR: -1.9%
• Equity multiple: 0.87×
• Total profit: $-9,774
• Equity at exit: $22,912

Cash invested: $74,200 (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 29488

• Home prices YoY: -33.6%
• Active inventory: 222
• Price-to-rent: 9.6×

Monthly cashflow live

• Estimated rent: $2,312 medium
• Mortgage (P&I): −$1,390
• Tax from tax record: −$122 /mo · $1,468/yr
• Insurance: −$110
• HOA: −$0
• Vacancy / Maint / Mgmt: −$486
• Net cashflow: $204

Break-even live

Break-even rent $2,054

Max offer price $265,000

Occupancy floor 86%

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: $66,250
• Closing costs: $7,950
• Reserves months: —
• Total cash needed: —

Listing history 20 events

1. 2026-06-18
   days on market $265,000 Active 73 DOM
2. 2026-06-17
   days on market $265,000 Active 72 DOM
3. 2026-06-16
   days on market $265,000 Active 71 DOM
4. 2026-06-15
   days on market $265,000 Active 70 DOM
5. 2026-06-13
   days on market $265,000 Active 68 DOM
6. 2026-06-12
   days on market $265,000 Active 67 DOM
7. 2026-06-09
   days on market $265,000 Active 64 DOM
8. 2026-06-08
   days on market $265,000 Active 63 DOM
9. 2026-06-08
   days on market $265,000 Active 62 DOM
10. 2026-06-04
    days on market $265,000 Active 58 DOM
11. 2026-06-02
    days on market $265,000 Active 57 DOM
12. 2026-06-01
    days on market $265,000 Active 56 DOM
13. 2026-05-31
    days on market $265,000 Active 55 DOM
14. 2026-04-06
    listed $265,000 Active
15. 2023-09-27
    soldstatus $175,000 Closed 1059-char remark

    Show marketing remark (1059 chars)

    Welcome to this cozy 3-bedroom home located in the heart of Walterboro. Upon entering the property, you will appreciate the full concrete driveway that makes it convenient for you to pull in and out of! There are two detached carports located in the front making it easy to cover up and unload in the rain. As you step inside take note of the original hardwood floors that flow through the family room throughout the bedrooms. The large kitchen has so much space to create the perfect area for anyone who loves to cook and entertain. Offering an abundance of cabinets giving you the storage you need. Step outside to the spacious backyard that is perfect for an evening of fun with friends and family. This home is move in ready and the sellers just installed a brand-new roof!An array of possibilities is endless here! The new owners will really appreciate having a sun room, an additional flex space located in the middle of the home, and even storage located outside in the sheds that will convey! Do not miss the opportunity to make this your next home!

16. 2023-09-27
    soldstatus $175,000

    Show marketing remark (1059 chars)

    Welcome to this cozy 3-bedroom home located in the heart of Walterboro. Upon entering the property, you will appreciate the full concrete driveway that makes it convenient for you to pull in and out of! There are two detached carports located in the front making it easy to cover up and unload in the rain. As you step inside take note of the original hardwood floors that flow through the family room throughout the bedrooms. The large kitchen has so much space to create the perfect area for anyone who loves to cook and entertain. Offering an abundance of cabinets giving you the storage you need. Step outside to the spacious backyard that is perfect for an evening of fun with friends and family. This home is move in ready and the sellers just installed a brand-new roof!An array of possibilities is endless here! The new owners will really appreciate having a sun room, an additional flex space located in the middle of the home, and even storage located outside in the sheds that will convey! Do not miss the opportunity to make this your next home!

17. 2023-08-25
    historical Active Under Contract 1059-char remark

    Show marketing remark (1059 chars)

    Welcome to this cozy 3-bedroom home located in the heart of Walterboro. Upon entering the property, you will appreciate the full concrete driveway that makes it convenient for you to pull in and out of! There are two detached carports located in the front making it easy to cover up and unload in the rain. As you step inside take note of the original hardwood floors that flow through the family room throughout the bedrooms. The large kitchen has so much space to create the perfect area for anyone who loves to cook and entertain. Offering an abundance of cabinets giving you the storage you need. Step outside to the spacious backyard that is perfect for an evening of fun with friends and family. This home is move in ready and the sellers just installed a brand-new roof!An array of possibilities is endless here! The new owners will really appreciate having a sun room, an additional flex space located in the middle of the home, and even storage located outside in the sheds that will convey! Do not miss the opportunity to make this your next home!

18. 2023-08-05
    price $199,999 1059-char remark

    Show marketing remark (1059 chars)

    Welcome to this cozy 3-bedroom home located in the heart of Walterboro. Upon entering the property, you will appreciate the full concrete driveway that makes it convenient for you to pull in and out of! There are two detached carports located in the front making it easy to cover up and unload in the rain. As you step inside take note of the original hardwood floors that flow through the family room throughout the bedrooms. The large kitchen has so much space to create the perfect area for anyone who loves to cook and entertain. Offering an abundance of cabinets giving you the storage you need. Step outside to the spacious backyard that is perfect for an evening of fun with friends and family. This home is move in ready and the sellers just installed a brand-new roof!An array of possibilities is endless here! The new owners will really appreciate having a sun room, an additional flex space located in the middle of the home, and even storage located outside in the sheds that will convey! Do not miss the opportunity to make this your next home!

19. 2023-07-14
    price $209,000 1059-char remark

    Show marketing remark (1059 chars)

    Welcome to this cozy 3-bedroom home located in the heart of Walterboro. Upon entering the property, you will appreciate the full concrete driveway that makes it convenient for you to pull in and out of! There are two detached carports located in the front making it easy to cover up and unload in the rain. As you step inside take note of the original hardwood floors that flow through the family room throughout the bedrooms. The large kitchen has so much space to create the perfect area for anyone who loves to cook and entertain. Offering an abundance of cabinets giving you the storage you need. Step outside to the spacious backyard that is perfect for an evening of fun with friends and family. This home is move in ready and the sellers just installed a brand-new roof!An array of possibilities is endless here! The new owners will really appreciate having a sun room, an additional flex space located in the middle of the home, and even storage located outside in the sheds that will convey! Do not miss the opportunity to make this your next home!

20. 2023-06-09
    listed $219,999 Active 1059-char remark

    Show marketing remark (1059 chars)

    Welcome to this cozy 3-bedroom home located in the heart of Walterboro. Upon entering the property, you will appreciate the full concrete driveway that makes it convenient for you to pull in and out of! There are two detached carports located in the front making it easy to cover up and unload in the rain. As you step inside take note of the original hardwood floors that flow through the family room throughout the bedrooms. The large kitchen has so much space to create the perfect area for anyone who loves to cook and entertain. Offering an abundance of cabinets giving you the storage you need. Step outside to the spacious backyard that is perfect for an evening of fun with friends and family. This home is move in ready and the sellers just installed a brand-new roof!An array of possibilities is endless here! The new owners will really appreciate having a sun room, an additional flex space located in the middle of the home, and even storage located outside in the sheds that will convey! Do not miss the opportunity to make this your next home!

ⓘ 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: $1,468 · $122/mo
• Projected year-2 tax: $1,510 · $126/mo
• Expected delta: +$43/yr (+$4/mo · 2.9%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 8/10 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 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,747
• − Mortgage interest: −$14,844
• − Property taxes: −$1,468
• − Insurance: −$1,325
• − Repairs & maintenance: −$2,220
• − Management: −$2,220
• − Depreciation: −$7,709
• Taxable loss: −$2,039
• Est. tax savings @ 24.0%: +$489
• After-tax cash flow: $2,940/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: Colleton 01
• NCES district ID: 4501830
• Math proficiency: 13% ▼ -10.00%
• Reading proficiency: 28% ▬ 0.00%
• Median HH income: $33,128
• Composite: 16.66/100
• National rank: #9171
• State rank: #69 of 80 in SC

Livability — Walterboro

• Score: 57/100
• State rank: #269
• US rank: #21618

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Walterboro, SC
• City population: 22,367
• Population (ZIP): 22,367

Population outlook (Colleton County) Hauer SSP2

• Today (2025): 34,932 people
• By 2030: 33,078 · -5.3%
• By 2040: 29,017 · -16.9%
• By 2050: 25,029 · -28.3%
• By 2075: 16,894 · -51.6%
• By 2100: 10,518 · -69.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 54% Black 38% Hispanic / Latino 4% Two or more races 4%
• Common ancestry: Italian 2% Lithuanian 1% Slovak 1%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 2%

Political lean MEDSL · Colleton

• 2024 margin: R (+18.2) · D 40.4% · R 58.5% · Other 1.1%
• 2008→2024 swing: -18.7pp toward R · 2008: 0.5pp · 2024: -18.2pp
• All cycles: 2024: R+18.2 2020: R+9.5 2016: R+8.5 2012: D+0.2 2008: D+0.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -119.20%
• Current HPI: 235.1237
• 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

+20.5% since first listed

7 events — show timeline

• 2026-04-06 Listed $265,000 Charleston Trident MLS
• 2023-09-27 Sold (Public Records) $175,000 Public Records
• 2023-09-27 Sold (MLS) $175,000 Charleston Trident MLS
• 2023-08-25 Contingent — Charleston Trident MLS
• 2023-08-05 Price Changed $199,999 Charleston Trident MLS
• 2023-07-14 Price Changed $209,000 Charleston Trident MLS
• 2023-06-09 Listed $219,999 Charleston Trident MLS

Property tax history

+33.7%/yr

Latest (2025): $1,468 · +2.5% YoY. Source: county tax records.