3219 Oakdale Rd · Springdale, SC 29170

$235,000

3 bd · 2.0 ba · 1,731 sqft · SingleFamily public records · 2 Days on market

Built 1962 0.40 ac lot Est $223k · 5% over

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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 +14.0/30.0
• ARV discount +5.1/15.0
• DSCR +4.2/10.0
• Rent growth +3.6/5.0
• Livability +3.2/5.0
• Schools +2.9/10.0
• 1% rule +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to this classic, well-maintained 1962 brick home featuring 3 bedrooms and 2 bathrooms. This charming property offers a covered front porch, formal living room, formal dining room, separate den, and an eat-in kitchen with plenty of cabinet space. The large 200 sq. ft. laundry/flex room includes a sink and abundant cabinetry, making it perfect for extra storage, a hobby space, or a functional drop zone. Both bathrooms have been beautifully remodeled, with the master bath updated in 2026. Enjoy peace of mind with a new HVAC system and ductwork completed in 2024. Outside, you’ll find a spacious fenced backyard great for entertaining, complete with a private well for irrigation and

Key facts

• Covered front porch
• Formal dining room
• Separate den

Tags

• COVERED FRONT PORCH
• FORMAL LIVING ROOM
• FORMAL DINING ROOM
• SEPARATE DEN
• EAT-IN KITCHEN
• LARGE LAUNDRY FLEX ROOM

Property features AI

Exterior

• Parking: Carport attached; Two covered garage spaces (total of four parking spaces)
• Utilities: Public sewer; Public water
• Home design: Single-family home; Entry level on main level
• Construction: Crawlspace foundation
• Exterior features: Brick exterior above the foundation; Rear chain-link fencing; Paved road access; Public water

Interior

• Kitchen: Eat-in kitchen; Formica countertops; Stained wood cabinets; Dishwasher; Built-in range
• Bedrooms: Primary bedroom on main level with private bath, walk-in closet, and hardwood and luxury vinyl plank floors; Second bedroom with shared bath, tub/shower, private closet, hardwood and tile floors; Third bedroom with shared bath, tub/shower, private closet, hardwood and tile floors
• Flooring: Hardwood throughout main living areas and bedrooms; Luxury vinyl plank in primary bedroom; Tile in secondary bedrooms
• Bathrooms: Two full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Dishwasher; Built-in range; Formal living room on main level; Dining room on main level; Family room on main level; Cable TV available
• Laundry & utility: Laundry in heated mud room on main level

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $235k.

Deal economics

• At list price, monthly cash flow is $31 ($366/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 $182k (22.6% below list).
• Recommended offer: $182k (22.6% below list) — sets the bar for 1% rule.
• Cap rate 6.4% vs local median 3.9% in Springdale — 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 63/100 on livability (#170 in SC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+; Watch: housing D+, crime F, amenities 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: Springdale Elementary (math 62% / reading 52%, grade C+, #102 of 597 statewide, top 18%, 389 students, 65% FRL); Airport High (math 40% / reading 79%, grade C+, #110 of 196 statewide, top 58%, 1,428 students, 84% FRL) — zoned schools average 75% FRL vs 59% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 58% at this address vs 34% district-wide (+24 pts) — the actual schools serving this property are materially stronger than the Lexington 02 average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents rising fast (+4.6%/yr); 187 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 1,712 units permitted in Lexington 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 $7k of value loss. Plan a longer hold.
• Lexington County population projected at +26% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 73% 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 $181,841 (22.6% below list)

Questions for the listing agent

1. Built in 1962 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 0.77% ✗
• Cap rate: 6.45%
• Cash-on-cash: 0.56%
• DSCR: 1.02
• GRM: 10.8

CMA / ARV

• ARV (on-the-fly): $223,299
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
320 Mesa Ln	0.43mi	3/2.0	1,712 (-1%)	14mo	$220,000	$129	66

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 · 4.57% rent growth · sell at horizon

5-year hold

• IRR: -13.9%
• Equity multiple: 0.49×
• Total profit: $-33,325
• Equity at exit: $35,039

10-year hold

• IRR: -3.1%
• Equity multiple: 0.78×
• Total profit: $-14,586
• Equity at exit: $20,319

Cash invested: $65,800 (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 29170

• Home prices YoY: -16.9%
• Rents YoY: 4.6%
• Active inventory: 187
• Price-to-rent: 10.8×

Monthly cashflow live

• Estimated rent: $1,818 high
• Mortgage (P&I): −$1,232
• Tax from tax record: −$76 /mo · $909/yr
• Insurance: −$98
• HOA: −$0
• Vacancy / Maint / Mgmt: −$382
• Net cashflow: $31

Break-even live

Break-even rent $1,780

Max offer price $235,000

Occupancy floor 93%

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: $58,750
• Closing costs: $7,050
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
600 Ermine Rd Lot 620 West Columbia, SC	4.0	2.0	1216	$1,875	$1.54	19d	1	0.89mi
2805 Shadblow Ln West Columbia, SC	1.0–3.0	1.0–2.0	965	$1,510	$1.56	2d	27	0.97mi
536 Idlewood Park Dr West Columbia, SC	2.0	2.5	1100	$1,395	$1.27	23d	1	1.26mi
213 Favorite Ct West Columbia, SC	3.0	2.5	1251	$1,695	$1.35	21d	1	1.42mi
336 Gum Swamp Trl West Columbia, SC	3.0	2.5	1350	$2,500	$1.85	23d	1	1.44mi

Listing history 2 events

1. 2026-05-15
   status Pending
2. 2026-05-13
   listed $235,000 Active

ⓘ 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: $909 · $76/mo
• Projected year-2 tax: $1,340 · $112/mo
• Expected delta: +$431/yr (+$36/mo · 47.4%)

ⓘ 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 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥108°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 73% 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: $21,821
• − Mortgage interest: −$13,164
• − Property taxes: −$909
• − Insurance: −$1,175
• − Repairs & maintenance: −$1,746
• − Management: −$1,746
• − Depreciation: −$6,836
• Taxable loss: −$3,754
• Est. tax savings @ 24.0%: +$901
• After-tax cash flow: $1,267/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 — Springdale

• Score: 63/100
• State rank: #170
• US rank: #15255

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Springdale, SC
• County: Lexington County · 232,571 people
• City population: 21,247
• Metro: Columbia, SC
• Population (ZIP): 21,247
• Household income: $74,902
• Rent vs Own: 16.0% rent · 84.0% own
• Severe rent burden: 147.0

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: Predominantly White (66%)
• Race & ethnicity: White 66% Black 17% Hispanic / Latino 10% Two or more races 8% Asian 3%
• Hispanic origin (detail): Mexican 6% Puerto Rican 1%
• Common ancestry: Serbian 2% Italian 2% Romanian 2%
• Foreign-born: 9% · Canada, Jamaica, Guatemala
• Languages at home: 90% English-only · Spanish 7% Other Indo-European 2%

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: ▼ -52.72%
• Current HPI: 259.713
• Rent YoY: ▲ 4.57%
• 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

2 events — show timeline

• 2026-05-15 Pending — Consolidated MLS
• 2026-05-13 Listed $235,000 Consolidated MLS

Property tax history

-4.5%/yr

Latest (2024): $909 · +2.3% YoY. Source: county tax records.