16 Gaskins Trl · Travelers Rest, SC 29690

$250,000

3 bd · 2.5 ba · 2,032 sqft · Townhouse public records · 23 Days on market

Built 2022 Good condition 2,613 sqft lot Est $276k · 10% 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 +11.8/15.0
• Cash flow +10.1/30.0
• 1% rule +4.6/10.0
• Schools +4.2/10.0
• Condition / age +4.0/5.0
• Livability +3.7/5.0
• DSCR +2.9/10.0
• Rent growth +2.5/5.0
• 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

Property features AI

Finance

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

Exterior

• Parking: Detached 1-car garage; Paved concrete driveway
• Utilities: Public water; Electric water heater; Public sewer; Public garbage pickup
• Home design: Two-story residential property; Approximate age: 1–5 years
• Construction: Vinyl siding exterior; Architectural roof; Slab foundation
• Exterior features: Front porch; Screened porch; Level lot

Interior

• Kitchen: Dishwasher; Refrigerator; Electric freestanding range; Built-in microwave
• Bedrooms: Primary bedroom on main level with double sink, full bath, shower-only, and walk-in closet; Bedroom sizes: Primary 12 x 14; Second 14 x 14; Third 14 x 13; One bedroom on the main level
• Flooring: Carpet; Vinyl
• Bathrooms: Two full bathrooms; One half bathroom; One full bath on the main level
• Heating & cooling: Forced-air heating; Central forced cooling
• Interior features: Granite countertops; Open floor plan; Smoke detector; Walk-in closets; Walk-in pantry
• Laundry & utility: Laundry on 2nd floor; Washer connection; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath townhouse listed at $250k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-145 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $224k (10.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $239k (4.4% below list).
• Recommended offer: $224k (10.2% below list) — sets the bar for cash-flow.
• Cap rate 5.6% vs local median 2.4% 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: 340 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 5,595 units permitted in Greenville County in 2024 (566 in 5+ unit buildings).
• This rent runs 41% 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 $8k 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 23 days — a 2% lower offer ($246k) 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 $224,463 (10.2% 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: 0.96% ✗
• Cap rate: 5.60%
• Cash-on-cash: -2.48%
• DSCR: 0.89
• GRM: 8.7

CMA / ARV

• ARV (on-the-fly): $276,352
• Comps found: 12

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%)	6mo	$255,000	$128	91
14 Gaskins Trl	0.01mi	3/2.5	1,990 (-2%)	9mo	$260,000	$131	89
18 Gaskins Trl	0.00mi	3/2.5	2,007 (-1%)	15mo	$258,000	$129	85
12 Gaskins Trl	0.01mi	3/2.5	1,990 (-2%)	14mo	$260,000	$131	85
21 Gaskins Trl	0.03mi	3/2.5	1,826 (-10%)	11mo	$262,500	$144	73
307 Rodessa Ln	0.07mi	3/2.5	1,729 (-15%)	5mo	$235,000	$136	68
35 Gaskins Trl	0.05mi	3/2.5	1,729 (-15%)	7mo	$234,900	$136	67
101 Gaskins Trl	0.06mi	3/2.5	1,729 (-15%)	7mo	$234,799	$136	66
37 Gaskins Trl	0.06mi	3/2.5	1,729 (-15%)	13mo	$237,500	$137	62
310 Rodessa Ln	0.06mi	3/2.5	1,729 (-15%)	15mo	$245,000	$142	60
315 Rodessa Ln	0.08mi	3/2.5	1,729 (-15%)	14mo	$240,000	$139	59
305 Rodessa Ln	0.07mi	3/2.5	1,729 (-15%)	21mo	$256,000	$148	55

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: -20.3%
• Equity multiple: 0.29×
• Total profit: $-49,495
• Equity at exit: $37,276

10-year hold

• IRR: -13.1%
• Equity multiple: 0.23×
• Total profit: $-54,049
• Equity at exit: $21,615

Cash invested: $70,000 (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 29690

• Home prices YoY: -32.6%
• Active inventory: 340
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $2,389 medium
• Mortgage (P&I): −$1,311
• Tax from tax record: −$411 /mo · $4,938/yr
• Insurance: −$104
• HOA: −$205
• Vacancy / Maint / Mgmt: −$502
• Net cashflow: $-145

Break-even live

Break-even rent $2,572

Max offer price $224,463

Occupancy floor —

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: $62,500
• Closing costs: $7,500
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14 Alderly Way Travelers Rest, SC	3.0	2.5	1760	$2,100	$1.19	23d	1	0.52mi
5 Coleman Park Cir Travelers Rest, SC	3.0	2.0	1800	$2,900	$1.61	3d	1	0.64mi
101 Paris View Dr Travelers Rest, SC	4.0	2.5	2150	$2,400	$1.12	14d	1	1.12mi
125 Pinestone Dr Travelers Rest, SC	1.0–3.0	1.0–2.0	1243	$2,400	$1.93	3d	39	1.14mi

HOA detail

• Monthly dues: $205 · $2,460/yr

Listing history 16 events

1. 2026-06-18
   days on market $250,000 Active 23 DOM
2. 2026-06-17
   days on market $250,000 Active 22 DOM
3. 2026-06-16
   days on market $250,000 Active 21 DOM
4. 2026-06-15
   days on market $250,000 Active 20 DOM
5. 2026-06-13
   days on market $250,000 Active 18 DOM
6. 2026-06-13
   days on market $250,000 Active 17 DOM
7. 2026-06-10
   days on market $250,000 Active 15 DOM
8. 2026-06-09
   days on market $250,000 Active 14 DOM
9. 2026-06-08
   days on market $250,000 Active 13 DOM
10. 2026-06-07
    days on market $250,000 Active 12 DOM
11. 2026-06-03
    days on market $250,000 Active 8 DOM
12. 2026-06-03
    days on market $250,000 Active 7 DOM
13. 2026-06-01
    days on market $250,000 Active 6 DOM
14. 2026-05-31
    days on market $250,000 Active 5 DOM
15. 2026-05-26
    listed $250,000 Active
16. 2022-09-13
    soldstatus $8,326,000

ⓘ 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 4/10 Moderate
• 🌡 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: $28,665
• − Mortgage interest: −$14,004
• − Property taxes: −$4,938
• − Insurance: −$1,250
• − Repairs & maintenance: −$2,293
• − Management: −$2,293
• − HOA: −$2,460
• − Depreciation: −$7,273
• Taxable loss: −$5,846
• Est. tax savings @ 24.0%: +$1,403
• After-tax cash flow: $-332/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

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

Renovation cost estimate screening

Value-add ROI direction

• 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 ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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

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 · 573,815 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: 557.0

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%

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%

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

Industry mix (Fortune 500 HQ in SC)

Industry	F500 HQs	Revenue
▸Packaging	1	$7B

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.