16 Gaskins Trl · Travelers Rest, SC 29690

$235,000

3 bd · 2.5 ba · 2,032 sqft · Townhouse public records · 24 Days on market

Built 2022 Good condition 2,613 sqft lot 1-car garage $116/sqft · 16% below area Est $259k · 9% under $205/mo HOA · 9% of rent

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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).

• ARV discount +11.7/15.0
• Cash flow +8.0/30.0
• Schools +5.1/10.0
• 1% rule +4.2/10.0
• Condition / age +4.0/5.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• DSCR +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks

This modern home features neutral finishes throughout and a spacious kitchen with quartz countertops, a large island, and stainless steel appliances. The open living and dining area is perfect for spending time with family and friends. A flex room at the front of the home can be used as an office, playroom, or extra living space. Upstairs, you’ll find all bedrooms and a convenient laundry room. The primary suite includes a walk-in closet and private bathroom for added comfort. This home offers a great combination of style, space, and comfort. Ask about how sellers preferred Lender can help you save!

Key facts

• Quartz countertops
• Spacious kitchen
• Large island

Tags

• SPACIOUS KITCHEN
• QUARTZ COUNTERTOPS
• LARGE ISLAND
• STAINLESS STEEL APPLIANCES
• OPEN LIVING AND DINING AREA
• FLEX ROOM

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath townhouse listed at $235k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-241 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $192k (18.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $216k (8.1% below list).
• Recommended offer: $192k (18.1% below list) — sets the bar for cash-flow.
• Cap rate 5.1% vs local median 2.2% in Travelers Rest — 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 73/100 on livability (#41 in SC) — a middle-class / working-renter tenant base. Strengths: health & safety A+, cost of living A, amenities B+; Watch: commute F, employment F.
• Greenville 01 (suburban): math 44% / reading 54% proficiency, ranked #10 of 80 in SC (top 12%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Gateway Elementary (math 57% / reading 55%, grade C+, #109 of 597 statewide, top 19%, 663 students, 62% FRL) — zoned schools average 62% FRL vs 42% district-wide (20 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 476 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals lingering (median 80d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 75% of comp listings sitting > 30 days — soft ceiling on asking rent; 5,595 units permitted in Greenville County in 2024 (566 in 5+ unit buildings).
• This rent runs 37% of the median local income ($70k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

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.
• Greenville County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 24 days — a 2% lower offer ($231k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $192,353 (18.1% 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. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 0.92% ✗
• Cap rate: 5.06%
• Cash-on-cash: -4.40%
• DSCR: 0.80
• GRM: 9.1

CMA / ARV

• ARV (median comp): $258,903
• List price: $235,000
• Delta: -9.23%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
24 Gaskins Trl	0.02mi	3/2.5	1,990 (-2%)	9mo	$255,000	$128	88
14 Gaskins Trl	0.01mi	3/2.5	1,990 (-2%)	12mo	$260,000	$131	86
102 Gaskins Trl	0.07mi	3/2.5	2,032 (0%)	15mo	$246,000	$121	84
38 Gaskins Trl	0.05mi	3/2.5	1,990 (-2%)	13mo	$255,000	$128	84
100 Gaskins Trl	0.07mi	3/2.5	2,062 (+2%)	15mo	$260,000	$126	82
108 Gaskins Trl	0.08mi	3/2.5	1,905 (-6%)	11mo	$255,000	$134	76
9 Gaskins Trl	0.04mi	3/2.5	1,748 (-14%)	2mo	$265,000	$152	74
21 Gaskins Trl	0.03mi	3/2.5	1,826 (-10%)	14mo	$262,500	$144	70
313 Rodessa Ln	0.08mi	3/2.5	1,729 (-15%)	3mo	$229,999	$133	69
307 Rodessa Ln	0.07mi	3/2.5	1,729 (-15%)	8mo	$235,000	$136	65
35 Gaskins Trl	0.05mi	3/2.5	1,729 (-15%)	10mo	$234,900	$136	64
101 Gaskins Trl	0.06mi	3/2.5	1,729 (-15%)	11mo	$234,799	$136	64

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -23.6%
• Equity multiple: 0.19×
• Total profit: $-53,225
• Equity at exit: $35,039

10-year hold

• IRR: -18.2%
• Equity multiple: 0.01×
• Total profit: $-65,208
• 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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 8 active · 3 under contract
• Months of supply: 16.0 mo (6%/mo absorbed)
• Median asking: $252,450 ($130/sqft)
• Median days on market: 22 d
• This list price: 38% of active listings are priced below it
• ARV vs active asking: -1.8% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 29690

• Home prices YoY: -32.6%
• Active inventory: 476
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $2,159 high
• Mortgage (P&I): −$1,232
• Tax from tax record: −$411 /mo · $4,938/yr
• Insurance: −$98
• HOA: −$205
• Vacancy / Maint / Mgmt: −$453
• Net cashflow: $-241

Break-even live

Break-even rent $2,464

Max offer price $192,353

Occupancy floor —

Sensitivity live

Price	-10% $-108	-5% $-175	+0% $-241	+5% $-308	+10% $-374
Rent	-10% $-412	-5% $-327	+0% $-241	+5% $-156	+10% $-71
Rate	-1.0pp $-123	-0.5pp $-182	base $-241	+0.5pp $-302	+1.0pp $-364

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
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
36 Gaskins Trl Travelers Rest, SC	3.0	2.5	1900	$2,100	$1.11	63d	1	0.04mi
14 Alderly Way Travelers Rest, SC	3.0	2.5	1760	$1,995	$1.13	88d	1	0.52mi
101 Paris View Dr Travelers Rest, SC	4.0	2.5	2150	$2,400	$1.12	110d	1	1.12mi
125 Pinestone Dr Travelers Rest, SC	1.0–3.0	1.0–2.0	1243	$2,550	$2.05	0d	30	1.14mi
69 Thunderbird Dr Travelers Rest, SC	4.0	2.5	1700	$2,150	$1.26	92d	1	1.15mi
148 Cox St Travelers Rest, SC	2.0	2.5	1574	$2,000	$1.27	80d	1	1.38mi
14 Tolar Rd Travelers Rest, SC	3.0	2.5	1498	$2,150	$1.44	9d	1	1.38mi
8 Tolar Rd Travelers Rest, SC	2.0	2.5	1432	$1,900	$1.33	80d	1	1.39mi

Property features AI

Finance

• HOA & community: Property is in an HOAHOA covers insurance, lawn maintenance, street lights, trash service, and termite contractCommunity features include some sidewalks and lawn maintenance

Exterior

• Parking: Detached 1-car garagePaved concrete driveway
• Utilities: Public waterElectric water heaterPublic sewerPublic garbage pickup
• Home design: Two-story residential propertyApproximate age: 1–5 years
• Construction: Vinyl siding exteriorArchitectural roofSlab foundation
• Exterior features: Front porchScreened porchLevel lot

Interior

• Kitchen: DishwasherRefrigeratorElectric freestanding rangeBuilt-in microwave
• Bedrooms: Primary bedroom on main level with double sink, full bath, shower-only, and walk-in closetBedroom sizes: Primary 12 x 14; Second 14 x 14; Third 14 x 13One bedroom on the main level
• Flooring: CarpetVinyl
• Bathrooms: Two full bathroomsOne half bathroomOne full bath on the main level
• Heating & cooling: Forced-air heatingCentral forced cooling
• Interior features: Granite countertopsOpen floor planSmoke detectorWalk-in closetsWalk-in pantry
• Laundry & utility: Laundry on 2nd floorWasher connectionElectric dryer hookup

Listing history 50 events

1. 2026-09-24
   days on market $235,000 Active 24 DOM
2. 2026-09-23
   days on market $235,000 Active 23 DOM
3. 2026-09-22
   days on market $235,000 Active 22 DOM
4. 2026-09-21
   days on market $235,000 Active 21 DOM
5. 2026-09-20
   days on market $235,000 Active 20 DOM
6. 2026-09-19
   days on market $235,000 Active 19 DOM
7. 2026-09-18
   days on market $235,000 Active 18 DOM
8. 2026-09-17
   days on market $235,000 Active 17 DOM
9. 2026-09-16
   days on market $235,000 Active 16 DOM
10. 2026-09-15
    days on market $235,000 Active 15 DOM
11. 2026-09-14
    days on market $235,000 Active 14 DOM
12. 2026-09-13
    days on market $235,000 Active 13 DOM
13. 2026-09-12
    days on market $235,000 Active 12 DOM
14. 2026-09-11
    days on market $235,000 Active 11 DOM
15. 2026-09-05
    days on market $235,000 Active 5 DOM
16. 2026-09-04
    days on market $235,000 Active 4 DOM
17. 2026-09-03
    days on market $235,000 Active 3 DOM
18. 2026-08-31
    days on marketlisting id $235,000 Active 1 DOM
19. 2026-08-30
    days on market $235,000 Active 96 DOM
20. 2026-08-29
    days on market $235,000 Active 95 DOM
21. 2026-08-28
    days on market $235,000 Active 94 DOM
22. 2026-08-27
    days on market $235,000 Active 93 DOM
23. 2026-08-25
    pricedays on market $235,000 Active 91 DOM
24. 2026-08-24
    days on market $240,000 Active 90 DOM
25. 2026-08-23
    days on market $240,000 Active 89 DOM
26. 2026-08-22
    days on market $240,000 Active 88 DOM
27. 2026-08-21
    days on market $240,000 Active 87 DOM
28. 2026-08-20
    days on market $240,000 Active 86 DOM
29. 2026-08-19
    days on market $240,000 Active 85 DOM
30. 2026-08-18
    days on market $240,000 Active 84 DOM
31. 2026-08-17
    days on market $240,000 Active 83 DOM
32. 2026-08-16
    days on market $240,000 Active 82 DOM
33. 2026-08-15
    days on market $240,000 Active 81 DOM
34. 2026-08-15
    days on market $240,000 Active 80 DOM
35. 2026-08-13
    days on market $240,000 Active 79 DOM
36. 2026-08-12
    days on market $240,000 Active 78 DOM
37. 2026-08-11
    days on market $240,000 Active 77 DOM
38. 2026-08-10
    days on market $240,000 Active 76 DOM
39. 2026-08-09
    days on market $240,000 Active 75 DOM
40. 2026-08-08
    days on market $240,000 Active 74 DOM
41. 2026-08-07
    days on market $240,000 Active 73 DOM
42. 2026-08-06
    days on market $240,000 Active 72 DOM
43. 2026-08-05
    days on market $240,000 Active 71 DOM
44. 2026-08-04
    days on market $240,000 Active 70 DOM
45. 2026-08-03
    days on market $240,000 Active 69 DOM
46. 2026-07-31
    days on market $240,000 Active 66 DOM
47. 2026-07-30
    days on market $240,000 Active 65 DOM
48. 2026-07-30
    days on market $240,000 Active 64 DOM
49. 2026-07-28
    days on market $240,000 Active 63 DOM
50. 2026-07-26
    days on market $240,000 Active 61 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: $4,938 · $411/mo
• Projected year-2 tax: $4,938 · $411/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 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥102°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,904
• − Mortgage interest: −$13,164
• − Property taxes: −$4,938
• − Insurance: −$1,175
• − Repairs & maintenance: −$2,072
• − Management: −$2,072
• − HOA: −$2,460
• − Depreciation: −$6,836
• Taxable loss: −$6,813
• Est. tax savings @ 24.0%: +$1,635
• After-tax cash flow: $-1,262/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.

Condition & rehab AI · 12 photos

Good 80/100 Cosmetic rehab Est. rehab $10,160–$30,480 screening

This modern townhouse is in good condition with a good condition score of 80. It has a good kitchen, bathrooms, exterior, and interior walls. The home is move-in ready with minor cosmetic updates that can further increase its value.

Value-add opportunities

• Both Painting exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics ↑
• Both Replace flooring in bathrooms — Update flooring in bathrooms to improve functionality and appearance ↑
• Both Install new kitchen backsplash — A backsplash can add a modern touch and protect the backsplash from stains ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

D Composite school gradezoned avg 50/100

Zoned Schools

Elementary Gateway Elementary C+ SC #109/597 Nat'l #9,382/41,679 Middle Northwest Middle F SC #128/229 Nat'l #8,646/14,009 High Travelers Rest High B- SC #89/196 Nat'l #2,821/17,239

Schools (NCES district)

• District: Greenville 01
• NCES district ID: 4502310
• Math proficiency: 44% ▼ -10.00%
• Reading proficiency: 54% ▼ -2.00%
• Median HH income: $49,596
• Composite: 41.88/100
• National rank: #3370
• State rank: #10 of 80 in SC

B Composite livability gradescore 73/100

Livability — Travelers Rest

• Score: 73/100
• State rank: #41
• US rank: #5283

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Travelers Rest, SC
• County: Greenville County · 574,580 people
• City population: 26,358
• Metro: Greenville-Anderson, SC
• Population (ZIP): 26,358
• Household income: $69,956
• Rent vs Own: 18.7% rent · 81.3% own
• Severe rent burden: 13% of renters

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Population outlook (Greenville County) Hauer SSP2

• Today (2025): 574,580 people
• By 2030: 615,615 · +7.1%
• By 2040: 695,373 · +21.0%
• By 2050: 769,367 · +33.9%
• By 2075: 933,296 · +62.4%
• By 2100: 1,029,196 · +79.1%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Black 8% Two or more races 6% Hispanic / Latino 5% Asian 1%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Slovak 3% Lithuanian 2% Serbian 2%
• Foreign-born: 4% · Canada
• Languages at home: 94% English-only · Spanish 4% German/W. Germanic 1%

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Political lean MEDSL · Greenville

• 2024 margin: Strong R (+22.2) · D 38.0% · R 60.2% · Other 1.8%
• 2008→2024 swing: +1.7pp toward D · 2008: -23.9pp · 2024: -22.2pp
• All cycles: 2024: R+22.2 2020: R+18.2 2016: R+24.7 2012: R+27.8 2008: R+23.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -119.30%
• Current HPI: 246.9974
• Rent YoY: —
• Metro: Greenville-Anderson, SC
• State GDP YoY: ▲ 4.51%
• F500 in state: 2

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Industry mix (Fortune 500 HQ in SC)

Industry	F500 HQs	Revenue
▸Packaging	1	$7B

Property features AI

Finance

• HOA & community: Property is in an HOAHOA covers insurance, lawn maintenance, street lights, trash service, and termite contractCommunity features include some sidewalks and lawn maintenance

Exterior

• Parking: Detached 1-car garagePaved concrete driveway
• Utilities: Public waterElectric water heaterPublic sewerPublic garbage pickup
• Home design: Two-story residential propertyApproximate age: 1–5 years
• Construction: Vinyl siding exteriorArchitectural roofSlab foundation
• Exterior features: Front porchScreened porchLevel lot

Interior

• Kitchen: DishwasherRefrigeratorElectric freestanding rangeBuilt-in microwave
• Bedrooms: Primary bedroom on main level with double sink, full bath, shower-only, and walk-in closetBedroom sizes: Primary 12 x 14; Second 14 x 14; Third 14 x 13One bedroom on the main level
• Flooring: CarpetVinyl
• Bathrooms: Two full bathroomsOne half bathroomOne full bath on the main level
• Heating & cooling: Forced-air heatingCentral forced cooling
• Interior features: Granite countertopsOpen floor planSmoke detectorWalk-in closetsWalk-in pantry
• Laundry & utility: Laundry on 2nd floorWasher connectionElectric dryer hookup

Price history

-97.0% since first listed

2 events — show timeline

• 2026-05-26 Listed $250,000 Greater Greenville MLS
• 2022-09-13 Sold (Public Records) $8,326,000 Public Records

Property tax history

+2.4%/yr

Latest (2025): $4,938 · +4.5% YoY. Source: county tax records.