137 Walcott Ct · Rock Hill, SC 29730

$162,000

2 bd · 1.0 ba · 775 sqft · SingleFamily public records · 13 Days on market

Built 1968 0.38 ac lot Est $138k · 17% 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 +17.6/30.0
• DSCR +5.5/10.0
• 1% rule +4.4/10.0
• Rent growth +3.9/5.0
• Schools +3.5/10.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

This charming single family home located at 137 Walcott Ct in Rock Hill, SC was built in 1968 and offers a cozy living space with one bathroom. The home features a finished area of 755 sq. ft. and sits on a spacious lot size of 0.38 acres. With a peaceful setting and plenty of outdoor space, this property provides a perfect opportunity for a first-time homebuyer, investor or someone looking to downsize. Don't miss out on the chance to make this lovely home your own.

Key facts

• 0.38 acre lot
• Built 1968
• Listed 13 days

Property features AI

Finance

• HOA & community: No HOA

Exterior

• Parking: Driveway
• Utilities: City/public water; Public sewer
• Home design: Single-family residence; Site-built construction; One story; Entry level: Main
• Construction: Brick full exterior; Crawl space foundation
• Exterior features: Lot approximately 0.38 acres; Road surfaces include dirt and paved; Publicly maintained road access

Interior

• Kitchen: Electric range; Refrigerator
• Bedrooms: Two bedrooms (both on the main level)
• Flooring: Vinyl flooring
• Bathrooms: One full bathroom (on the main level)
• Heating & cooling: Central heating; Forced air; Natural gas heating; Central air conditioning
• Interior features: Open room count: 1; Refrigerator included; Gas water heater
• Laundry & utility: Washer hookup; Laundry located in kitchen

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $162k.

Deal economics

• At list price, monthly cash flow is $127 ($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 $152k (6.2% below list).
• Recommended offer: $152k (6.2% below list) — sets the bar for 1% rule.
• Cap rate 7.2% vs local median 3.4% in Rock Hill — 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 70/100 on livability (#62 in SC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment D+, crime D-, amenities D-.
• York 03 (urban): math 36% / reading 47% proficiency, ranked #32 of 80 in SC (top 40%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Oakdale Elementary (math 38% / reading 36%, grade F, #315 of 597 statewide, top 55%, 517 students, 100% FRL); Saluda Trail Middle (math 25% / reading 39%, grade F, #119 of 229 statewide, top 54%, 780 students, 100% FRL); South Pointe High (math 47% / reading 77%, grade B-, #99 of 196 statewide, top 53%, 1,196 students, 60% FRL) — zoned schools average 87% FRL vs 49% district-wide (37 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+5.5%/yr); 355 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 2,550 units permitted in York County in 2024 (350 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• York County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 2y 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 $20k; list at $162k implies a 710% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% 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 $152,013 (6.2% below list)

Questions for the listing agent

1. Built in 1968 — 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. 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?
4. Crime grade is D 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?
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: 0.94% ✗
• Cap rate: 7.23%
• Cash-on-cash: 3.36%
• DSCR: 1.15
• GRM: 8.9

CMA / ARV

• ARV (on-the-fly): $137,950
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1948 Gilmore Rd	0.32mi	2/1.0	786 (+1%)	15mo	$140,000	$178	70
1955 Gilmore Rd	0.33mi	2/1.0	786 (+1%)	16mo	$134,900	$172	70
247 Blanche Cir	0.48mi	2/1.0	750 (-3%)	21mo	$140,000	$187	55
1315 Pinkney St	0.74mi	2/1.0	696 (-10%)	3mo	$85,000	$122	46

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 · 5.53% rent growth · sell at horizon

5-year hold

• IRR: -8.3%
• Equity multiple: 0.69×
• Total profit: $-14,192
• Equity at exit: $24,155

10-year hold

• IRR: 4.1%
• Equity multiple: 1.33×
• Total profit: $15,193
• Equity at exit: $14,007

Cash invested: $45,360 (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 29730

• Rents YoY: 5.5%
• Active inventory: 355
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $1,520 medium
• Mortgage (P&I): −$850
• Tax from tax record: −$157 /mo · $1,881/yr
• Insurance: −$68
• HOA: −$0
• Vacancy / Maint / Mgmt: −$319
• Net cashflow: $127

Break-even live

Break-even rent $1,359

Max offer price $162,000

Occupancy floor 87%

Sensitivity live

Price	-10% $219	-5% $173	+0% $127	+5% $81	+10% $35
Rent	-10% $7	-5% $67	+0% $127	+5% $187	+10% $247
Rate	-1.0pp $209	-0.5pp $168	base $127	+0.5pp $85	+1.0pp $42

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: $40,500
• Closing costs: $4,860
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1444 Edgewood Dr Rock Hill, SC	2.0	1.0	800	$1,500	$1.88	0d	1	1.16mi
1547 Caprine CT Rock Hill, SC	1.0–3.0	1.0–2.0	959	$1,478	$1.54	0d	15	1.24mi

Listing history 8 events

1. 2026-06-21
   days on market $162,000 Active 13 DOM
2. 2026-06-18
   days on market $162,000 Active 10 DOM
3. 2026-06-17
   days on market $162,000 Active 9 DOM
4. 2026-06-16
   days on market $162,000 Active 8 DOM
5. 2026-06-15
   days on market $162,000 Active 7 DOM
6. 2026-06-13
   days on market $162,000 Active 5 DOM
7. 2026-06-08
   remarks 470-char remark
8. 2026-06-08
   listed $162,000 Active 1 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: $1,881 · $157/mo
• Projected year-2 tax: $1,881 · $157/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥105°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,242
• − Mortgage interest: −$9,075
• − Property taxes: −$1,881
• − Insurance: −$810
• − Repairs & maintenance: −$1,459
• − Management: −$1,459
• − Depreciation: −$4,713
• Taxable loss: −$1,155
• Est. tax savings @ 24.0%: +$277
• After-tax cash flow: $1,803/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: York 03
• NCES district ID: 4503870
• Math proficiency: 36% ▼ -8.00%
• Reading proficiency: 47% ▲ 3.00%
• Median HH income: $47,570
• Composite: 35.46/100
• National rank: #4928
• State rank: #32 of 80 in SC

Livability — Rock Hill

• Score: 70/100
• State rank: #62
• US rank: #7573

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Rock Hill, SC
• County: York County · 281,758 people
• City population: 115,874
• Metro: Charlotte-Concord-Gastonia, NC-SC
• Population (ZIP): 58,199
• Household income: $68,543
• Rent vs Own: 39.7% rent · 60.3% own
• Severe rent burden: 1869.0

Population outlook (York County) Hauer SSP2

• Today (2025): 307,757 people
• By 2030: 335,979 · +9.2%
• By 2040: 391,378 · +27.2%
• By 2050: 443,234 · +44.0%
• By 2075: 557,102 · +81.0%
• By 2100: 625,837 · +103.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 51% Black 39% Hispanic / Latino 4% Two or more races 4% Native American 2% Asian 1%
• Common ancestry: Serbian 2% Slovak 2% Lithuanian 1%
• Foreign-born: 4% · Canada, Vietnam, China
• Languages at home: 95% English-only · Spanish 3%

Political lean MEDSL · York

• 2024 margin: R (+19.1) · D 39.7% · R 58.8% · Other 1.5%
• 2008→2024 swing: -1.4pp toward R · 2008: -17.7pp · 2024: -19.1pp
• All cycles: 2024: R+19.1 2020: R+16.5 2016: R+22.1 2012: R+20.5 2008: R+17.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -285.91%
• Current HPI: 268.2609
• Rent YoY: ▲ 5.53%
• Metro: Charlotte-Concord-Gastonia, NC-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

+710.0% since first listed

3 events — show timeline

• 2026-06-08 Listed $162,000 CANOPYMLS as Distributed by MLS Grid
• 2024-02-21 Listed $180,000 CANOPYMLS as Distributed by MLS Grid
• 2005-06-06 Sold (Public Records) $20,000 Public Records

Property tax history

+5.6%/yr

Latest (2025): $1,881 · +8.2% YoY. Source: county tax records.