130 Chaffin St · Glendale, SC 29346

$119,000

3 bd · 1.0 ba · 1,279 sqft · SingleFamily public records · 63 Days on market

Built 1950 0.40 ac lot Est $118k · at est.

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Why this score? — see what drove the B 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.0/15.0
• Appreciation +5.0/10.0
• Schools +3.7/10.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

NEW PRICE!!!!Must see this home! Close to Spartanburg shopping, restaurants, hospital, colleges and more. It is currently being used as a 3 bedroom, it is a 2-3 bedroom with 2 full baths. Master bedroom is huge. Check out the fireplace in the living room, it adds a cozy touch, especially during colder months. Has a full walk-in laundry room and an open kitchen with dining area. Has newer roof and windows. Home offers a beautiful private backyard setting, perfect for relaxation. The nearby walking trails, restored bridge along the river and the waterfall add to the natural beauty of the area. Being close to the park is also a great advantage for outdoor activities. The oversized storage area under the house, which can be used like a garage, is definitely a bonus. Additionally, having a storage shed allows for even more storage options. Spartanburg District 3 schools. Make your appointment today to tour this great home.

Key facts

• 0.4 acre lot
• Garage
• Built 1950

Property features AI

Finance

• Other: Lead-based paint disclosure required
• HOA & community: No HOA fees or community amenities indicated

Exterior

• Parking: Driveway parking with extra pad; Detached garage space for 1 car
• Utilities: Water: Other (see remarks); Sewer: Other (see remarks); Garbage pickup: None; Power/other utilities: See remarks
• Home design: Single-story; Built around 1950; Crawl space foundation
• Construction: Composition shingle roof; Outbuilding with water
• Exterior features: Some storm doors; Asbestos shingle exterior

Interior

• Kitchen: Electric oven; Kitchen approximately 10 x 10
• Bedrooms: Primary bedroom on main level with walk-in closet (approximately 12 x 12); Second bedroom (approximately 10 x 10)
• Flooring: Laminate flooring
• Bathrooms: Two full bathrooms (both on main level)
• Heating & cooling: Heating: Other (see remarks); Cooling: Other (see remarks); Water heater: Other (see remarks)
• Interior features: Ceiling fan; Laminate countertops; One circulating fireplace
• Laundry & utility: Laundry on 1st floor with walk-in space

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $119k.

Deal economics

• At list price, monthly cash flow is $977 ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $119k).
• Recommended offer: $112k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 57/100 on livability (#274 in SC) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime F, amenities F, commute F.
• Spartanburg 03 (suburban): math 39% / reading 49% proficiency, ranked #28 of 80 in SC (top 35%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Cannons Elementary (math 52% / reading 42%, grade D-, #209 of 597 statewide, top 36%, 393 students, 100% FRL) — zoned schools average 100% FRL vs 57% district-wide (43 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 4 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 3,129 units permitted in Spartanburg County in 2024 (40 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($823 loan paydown + $4k appreciation (3.0% local appreciation)).
• Spartanburg County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $33k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 8, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 63 days — a 6% lower offer ($112k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 12y 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.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $111,860 (6.0% below list)

Questions for the listing agent

1. It's been on market 63 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1950 — 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 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?
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. 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.
8. 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.
9. 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: 1.85% ✓
• Cap rate: 16.15%
• Cash-on-cash: 35.20%
• DSCR: 2.57
• GRM: 4.5

CMA / ARV

• ARV (on-the-fly): $117,668
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
175 Chaffin St	0.09mi	3/1.0	1,350 (+6%)	3mo	$124,000	$92	84
131 Holy St	0.61mi	3/1.0	1,285 (+0%)	0mo	$70,000	$54	70

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: 40.8%
• Equity multiple: 3.30×
• Total profit: $76,582
• Equity at exit: $53,508

10-year hold

• IRR: 40.8%
• Equity multiple: 6.56×
• Total profit: $185,393
• Equity at exit: $82,462

Cash invested: $33,320 (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 29346

• Active inventory: 4
• Price-to-rent: 4.5×

Monthly cashflow live

• Estimated rent: $2,200 medium
• Mortgage (P&I): −$624
• Tax from tax record: −$87 /mo · $1,044/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$462
• Net cashflow: $977

Break-even live

Break-even rent $963

Max offer price $119,000

Occupancy floor 51%

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: $29,750
• Closing costs: $3,570
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
231 Broadway St Glendale, SC	3.0	2.0	1799	$2,200	$1.22	13d	1	0.35mi

Listing history 33 events

1. 2026-06-18
   days on market $119,000 Active 63 DOM
2. 2026-06-17
   days on market $119,000 Active 62 DOM
3. 2026-06-16
   days on market $119,000 Active 61 DOM
4. 2026-06-15
   days on market $119,000 Active 60 DOM
5. 2026-06-14
   days on market $119,000 Active 58 DOM
6. 2026-06-13
   days on market $119,000 Active 57 DOM
7. 2026-06-10
   days on market $119,000 Active 55 DOM
8. 2026-06-09
   days on market $119,000 Active 54 DOM
9. 2026-06-08
   days on market $119,000 Active 53 DOM
10. 2026-06-07
    days on market $119,000 Active 52 DOM
11. 2026-06-05
    remarks 508-char remark
12. 2026-06-05
    days on market $119,000 Active 49 DOM
13. 2026-06-03
    days on market $119,000 Active 48 DOM
14. 2026-06-02
    days on market $119,000 Active 47 DOM
15. 2026-06-01
    days on market $119,000 Active 46 DOM
16. 2026-05-31
    days on market $119,000 Active 45 DOM
17. 2026-05-30
    days on market $119,000 Active 44 DOM
18. 2026-04-15
    listed $119,000 Active
19. 2023-12-01
    soldstatus $138,900
20. 2023-11-30
    soldstatus $138,900 Sold CO-OP Non Member 931-char remark

    Show marketing remark (934 chars)

    NEW PRICE!!!!Must see this home! Close to Spartanburg shopping, restaurants, hospital, colleges and more. It is currently being used as a 3 bedroom, it is a 2-3 bedroom with 2 full baths. Master bedroom is huge. Check out the fireplace in the living room, it adds a cozy touch, especially during colder months. Has a full walk-in laundry room and an open kitchen with dining area. Has newer roof and windows. Home offers a beautiful private backyard setting, perfect for relaxation. The nearby walking trails, restored bridge along the river and the waterfall add to the natural beauty of the area. Being close to the park is also a great advantage for outdoor activities. The oversized storage area under the house, which can be used like a garage, is definitely a bonus. Additionally, having a storage shed allows for even more storage options. Spartanburg District 3 schools. Make your appointment today to tour this great home.

21. 2023-11-30
    soldstatus $138,900 Sold 934-char remark

    Show marketing remark (934 chars)

    NEW PRICE!!!!Must see this home! Close to Spartanburg shopping, restaurants, hospital, colleges and more. It is currently being used as a 3 bedroom, it is a 2-3 bedroom with 2 full baths. Master bedroom is huge. Check out the fireplace in the living room, it adds a cozy touch, especially during colder months. Has a full walk-in laundry room and an open kitchen with dining area. Has newer roof and windows. Home offers a beautiful private backyard setting, perfect for relaxation. The nearby walking trails, restored bridge along the river and the waterfall add to the natural beauty of the area. Being close to the park is also a great advantage for outdoor activities. The oversized storage area under the house, which can be used like a garage, is definitely a bonus. Additionally, having a storage shed allows for even more storage options. Spartanburg District 3 schools. Make your appointment today to tour this great home.

22. 2023-10-12
    status Pending 931-char remark

    Show marketing remark (934 chars)

    NEW PRICE!!!!Must see this home! Close to Spartanburg shopping, restaurants, hospital, colleges and more. It is currently being used as a 3 bedroom, it is a 2-3 bedroom with 2 full baths. Master bedroom is huge. Check out the fireplace in the living room, it adds a cozy touch, especially during colder months. Has a full walk-in laundry room and an open kitchen with dining area. Has newer roof and windows. Home offers a beautiful private backyard setting, perfect for relaxation. The nearby walking trails, restored bridge along the river and the waterfall add to the natural beauty of the area. Being close to the park is also a great advantage for outdoor activities. The oversized storage area under the house, which can be used like a garage, is definitely a bonus. Additionally, having a storage shed allows for even more storage options. Spartanburg District 3 schools. Make your appointment today to tour this great home.

23. 2023-10-12
    historical Contingency Contract 934-char remark

    Show marketing remark (934 chars)

    NEW PRICE!!!!Must see this home! Close to Spartanburg shopping, restaurants, hospital, colleges and more. It is currently being used as a 3 bedroom, it is a 2-3 bedroom with 2 full baths. Master bedroom is huge. Check out the fireplace in the living room, it adds a cozy touch, especially during colder months. Has a full walk-in laundry room and an open kitchen with dining area. Has newer roof and windows. Home offers a beautiful private backyard setting, perfect for relaxation. The nearby walking trails, restored bridge along the river and the waterfall add to the natural beauty of the area. Being close to the park is also a great advantage for outdoor activities. The oversized storage area under the house, which can be used like a garage, is definitely a bonus. Additionally, having a storage shed allows for even more storage options. Spartanburg District 3 schools. Make your appointment today to tour this great home.

24. 2023-10-09
    price $145,000 931-char remark

    Show marketing remark (934 chars)

    NEW PRICE!!!!Must see this home! Close to Spartanburg shopping, restaurants, hospital, colleges and more. It is currently being used as a 3 bedroom, it is a 2-3 bedroom with 2 full baths. Master bedroom is huge. Check out the fireplace in the living room, it adds a cozy touch, especially during colder months. Has a full walk-in laundry room and an open kitchen with dining area. Has newer roof and windows. Home offers a beautiful private backyard setting, perfect for relaxation. The nearby walking trails, restored bridge along the river and the waterfall add to the natural beauty of the area. Being close to the park is also a great advantage for outdoor activities. The oversized storage area under the house, which can be used like a garage, is definitely a bonus. Additionally, having a storage shed allows for even more storage options. Spartanburg District 3 schools. Make your appointment today to tour this great home.

25. 2023-10-09
    price $145,000 934-char remark

    Show marketing remark (934 chars)

    NEW PRICE!!!!Must see this home! Close to Spartanburg shopping, restaurants, hospital, colleges and more. It is currently being used as a 3 bedroom, it is a 2-3 bedroom with 2 full baths. Master bedroom is huge. Check out the fireplace in the living room, it adds a cozy touch, especially during colder months. Has a full walk-in laundry room and an open kitchen with dining area. Has newer roof and windows. Home offers a beautiful private backyard setting, perfect for relaxation. The nearby walking trails, restored bridge along the river and the waterfall add to the natural beauty of the area. Being close to the park is also a great advantage for outdoor activities. The oversized storage area under the house, which can be used like a garage, is definitely a bonus. Additionally, having a storage shed allows for even more storage options. Spartanburg District 3 schools. Make your appointment today to tour this great home.

26. 2023-10-03
    price $159,900 931-char remark

    Show marketing remark (934 chars)

    NEW PRICE!!!!Must see this home! Close to Spartanburg shopping, restaurants, hospital, colleges and more. It is currently being used as a 3 bedroom, it is a 2-3 bedroom with 2 full baths. Master bedroom is huge. Check out the fireplace in the living room, it adds a cozy touch, especially during colder months. Has a full walk-in laundry room and an open kitchen with dining area. Has newer roof and windows. Home offers a beautiful private backyard setting, perfect for relaxation. The nearby walking trails, restored bridge along the river and the waterfall add to the natural beauty of the area. Being close to the park is also a great advantage for outdoor activities. The oversized storage area under the house, which can be used like a garage, is definitely a bonus. Additionally, having a storage shed allows for even more storage options. Spartanburg District 3 schools. Make your appointment today to tour this great home.

27. 2023-10-03
    price $159,900 934-char remark

    Show marketing remark (934 chars)

    NEW PRICE!!!!Must see this home! Close to Spartanburg shopping, restaurants, hospital, colleges and more. It is currently being used as a 3 bedroom, it is a 2-3 bedroom with 2 full baths. Master bedroom is huge. Check out the fireplace in the living room, it adds a cozy touch, especially during colder months. Has a full walk-in laundry room and an open kitchen with dining area. Has newer roof and windows. Home offers a beautiful private backyard setting, perfect for relaxation. The nearby walking trails, restored bridge along the river and the waterfall add to the natural beauty of the area. Being close to the park is also a great advantage for outdoor activities. The oversized storage area under the house, which can be used like a garage, is definitely a bonus. Additionally, having a storage shed allows for even more storage options. Spartanburg District 3 schools. Make your appointment today to tour this great home.

28. 2023-09-28
    listed $165,000 Active 931-char remark

    Show marketing remark (934 chars)

    NEW PRICE!!!!Must see this home! Close to Spartanburg shopping, restaurants, hospital, colleges and more. It is currently being used as a 3 bedroom, it is a 2-3 bedroom with 2 full baths. Master bedroom is huge. Check out the fireplace in the living room, it adds a cozy touch, especially during colder months. Has a full walk-in laundry room and an open kitchen with dining area. Has newer roof and windows. Home offers a beautiful private backyard setting, perfect for relaxation. The nearby walking trails, restored bridge along the river and the waterfall add to the natural beauty of the area. Being close to the park is also a great advantage for outdoor activities. The oversized storage area under the house, which can be used like a garage, is definitely a bonus. Additionally, having a storage shed allows for even more storage options. Spartanburg District 3 schools. Make your appointment today to tour this great home.

29. 2023-09-28
    listed $165,000 Active 934-char remark

    Show marketing remark (934 chars)

    NEW PRICE!!!!Must see this home! Close to Spartanburg shopping, restaurants, hospital, colleges and more. It is currently being used as a 3 bedroom, it is a 2-3 bedroom with 2 full baths. Master bedroom is huge. Check out the fireplace in the living room, it adds a cozy touch, especially during colder months. Has a full walk-in laundry room and an open kitchen with dining area. Has newer roof and windows. Home offers a beautiful private backyard setting, perfect for relaxation. The nearby walking trails, restored bridge along the river and the waterfall add to the natural beauty of the area. Being close to the park is also a great advantage for outdoor activities. The oversized storage area under the house, which can be used like a garage, is definitely a bonus. Additionally, having a storage shed allows for even more storage options. Spartanburg District 3 schools. Make your appointment today to tour this great home.

30. 2023-09-22
    soldstatus $57,579
31. 2015-05-14
    soldstatus $68,000
32. 2015-05-12
    soldstatus $68,000
33. 2014-03-25
    listed $72,900

ⓘ 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: $1,044 · $87/mo
• Projected year-2 tax: $1,044 · $87/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 6/10 Major 7 d/yr ≥105°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 2% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,400
• − Mortgage interest: −$6,666
• − Property taxes: −$1,044
• − Insurance: −$595
• − Repairs & maintenance: −$2,112
• − Management: −$2,112
• − Depreciation: −$3,462
• Taxable income: $10,410
• Est. tax owed @ 24.0%: −$2,498
• After-tax cash flow: $9,230/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: Spartanburg 03
• NCES district ID: 4503540
• Math proficiency: 39% ▼ -5.00%
• Reading proficiency: 49% ▲ 6.00%
• Median HH income: $36,898
• Composite: 36.52/100
• National rank: #4645
• State rank: #28 of 80 in SC

Livability — Glendale

• Score: 57/100
• State rank: #274
• US rank: #21792

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Glendale, SC
• City population: 173
• Population (ZIP): 173

Population outlook (Spartanburg County) Hauer SSP2

• Today (2025): 325,495 people
• By 2030: 338,800 · +4.1%
• By 2040: 363,471 · +11.7%
• By 2050: 384,156 · +18.0%
• By 2075: 430,137 · +32.1%
• By 2100: 442,733 · +36.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Hispanic / Latino 14% Two or more races 4%
• Hispanic origin (detail): Mexican 14%
• Common ancestry: Slovak 17% Italian 3%
• Foreign-born: 14% · Canada
• Languages at home: 86% English-only · Spanish 14%

Political lean MEDSL · Spartanburg

• 2024 margin: Solid R (+33.6) · D 32.6% · R 66.2% · Other 1.2%
• 2008→2024 swing: -12.0pp toward R · 2008: -21.6pp · 2024: -33.6pp
• All cycles: 2024: R+33.6 2020: R+27.3 2016: R+30.0 2012: R+23.1 2008: R+21.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• 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

+63.2% since first listed

16 events — show timeline

• 2026-04-15 Listed $119,000 Greater Greenville MLS
• 2023-12-01 Sold (Public Records) $138,900 Public Records
• 2023-11-30 Sold (MLS) $138,900 Greater Greenville MLS
• 2023-11-30 Sold (MLS) $138,900 SPMLS
• 2023-10-12 Pending — SPMLS
• 2023-10-12 Contingent — Greater Greenville MLS
• 2023-10-09 Price Changed $145,000 SPMLS
• 2023-10-09 Price Changed $145,000 Greater Greenville MLS
• 2023-10-03 Price Changed $159,900 SPMLS
• 2023-10-03 Price Changed $159,900 Greater Greenville MLS
• 2023-09-28 Listed $165,000 Greater Greenville MLS
• 2023-09-28 Listed $165,000 SPMLS
• 2023-09-22 Sold (Public Records) $57,579 Public Records
• 2015-05-14 Sold (Public Records) $68,000 Public Records
• 2015-05-12 Sold (MLS) $68,000 SPMLS
• 2014-03-25 Listed $72,900 SPMLS

Property tax history

+9.2%/yr

Latest (2025): $1,044 · +1.0% YoY. Source: county tax records.