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206 West Ave
F Composite 32.59
Why this score? — see what drove the F 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 +9.6/30.0
  • Appreciation +5.0/10.0
  • Schools +4.2/10.0
  • Livability +3.7/5.0
  • DSCR +2.7/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • 1% rule +2.4/10.0
  • ARV discount +0.0/15.0

$239,000

206 West Ave · Parker, SC 29611-4624
3 bd · 2.0 ba · 864 sqft · SingleFamily public records · 146 Days on market
Built 1992 0.30 ac lot Est $168k · 43% over

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Downtown Living Without the Downtown Price Looking for a home that gives you easy access to everything Greenville features—without the downtown price tag? This pristine 2 bed, 1 bath home delivers smart design, quality finishes, and a location that works for both living and investing. Inside, you’ll find granite countertops, thoughtful layout, and a space that lives bigger than its footprint. Step out onto the side deck overlooking Shoeless Joe Jackson Memorial Park and playground, giving you the feel of a larger yard and an open space to enjoy. With St. Francis Hospital just over a mile away and Fluor Field only 2.5 miles down the road, this location is both convenient and connected. Plus, being outside city limits means no Airbnb restrictions—a huge advantage for short-term rental investors. Whether you’re looking for a place to call home or a prime investment opportunity, this one checks all the right boxes. Let’s set up a showing!

Key facts

  • Outside city limits
  • Fully furnished
  • New roof

Tags

NEAR DOWNTOWN GREENVILLEFULLY FURNISHEDOUTSIDE CITY LIMITS2.5 MILES TO FLOUR FIELDNEW ROOF

Property features AI

Finance

  • HOA & community: No HOA fees

Exterior

  • Parking: Gravel driveway; No garage
  • Utilities: Public water; Public sewer; Public garbage pickup; Electric power
  • Home design: Single-story residential home; Approximate age: 31–50 years; Outbuilding for storage; Crawl space foundation
  • Construction: Vinyl siding exterior; Composition shingle roof
  • Exterior features: Deck; Some trees on the lot

Interior

  • Kitchen: Kitchen (8 x 11); Granite countertops; Built-in microwave; Electric freestanding range; Refrigerator; Dishwasher
  • Bedrooms: Primary bedroom on the main level (13 x 11); Second bedroom on the main level (9 x 11)
  • Flooring: Luxury vinyl tile/plank flooring
  • Bathrooms: One full bathroom (on main level)
  • Heating & cooling: Electric heating system; Central forced cooling
  • Interior features: Smooth ceilings with ceiling fans; Granite countertops; No fireplace
  • Laundry & utility: Laundry on the first floor; Washer and dryer included; Electric water heater

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $239k.

Deal economics

  • At list price, monthly cash flow is $-161 ($-2k/yr) — negative.
  • To cash-flow at today's rent, offer at most $211k (11.9% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $176k (26.2% below list).
  • Recommended offer: $176k (26.2% below list) — sets the bar for 1% rule.
  • Cap rate 5.5% vs local median 4.2% in Parker — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

  • Location reads 74/100 on livability (#31 in SC, #4,642 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F, employment D-.
  • 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: Hollis Academy (math 28% / reading 21%, grade F, #452 of 597 statewide, top 78%, 608 students, 100% FRL) — zoned schools average 100% FRL vs 42% district-wide (58 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 24% at this address vs 49% district-wide (-24 pts) — the specific schools serving this property underperform the Greenville 01 average; the district grade overstates school quality for this exact location.
  • Market conditions: 1 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 5,595 units permitted in Greenville County in 2024 (566 in 5+ unit buildings).

Forward outlook

  • In year one you build about $9k of equity ($2k loan paydown + $7k appreciation (3.0% local appreciation)).
  • Greenville County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • By year 5, paydown + projected appreciation supports a ~$38k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 146 days — a 12% lower offer ($210k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts 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

  • Climate carrying-cost: extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $176,380 (26.2% 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. It's been on market 146 days. Have you received any prior offers? Is the seller open to a 26% concession, seller financing, or rate buy-down credit?
  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 F-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. 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?
  8. 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.
  9. 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.
  10. 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
0.74%
Cap rate
5.48%
Cash-on-cash
-2.89%
DSCR
0.87
GRM
11.3

CMA / ARV

ARV (on-the-fly)
$167,616
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
8 Baldwin St 0.24mi 2/1.0 (-1) 900 (+4%) 14mo $151,500 $168 61
26 Baldwin St 0.14mi 2/1.0 (-1) 952 (+10%) 7mo $182,500 $192 61
107 Jasmine Dr 0.33mi 2/1.0 (-1) 916 (+6%) 9mo $188,000 $205 58
101 Mason St 0.42mi 2/1.0 (-1) 945 (+9%) 1mo $197,500 $209 55
13 Calvert St 0.14mi 2/1.0 (-1) 970 (+12%) 14mo $180,000 $186 52
221 Mcdowell St 0.57mi 2/1.0 (-1) 891 (+3%) 15mo $165,000 $185 47
107 Durham St 0.69mi 2/1.0 (-1) 833 (-4%) 20mo $122,500 $147 36
11 B St 0.66mi 2/1.0 (-1) 911 (+5%) 18mo $192,500 $211 36
212 S Texas Ave 0.71mi 2/1.0 (-1) 953 (+10%) 9mo $185,000 $194 33
211 Mcdowell St 0.57mi 3/1.0 976 (+13%) 20mo $275,000 $282 31
512 Spring St 0.69mi 3/1.0 986 (+14%) 13mo $224,900 $228 29
108 Durham St 0.69mi 2/1.0 (-1) 744 (-14%) 19mo $118,500 $159 20

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
4.8%
Equity multiple
1.28×
Total profit
$18,489
Equity at exit
$107,465
10-year hold
IRR
7.9%
Equity multiple
2.20×
Total profit
$80,203
Equity at exit
$165,616

Cash invested: $66,920 (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.

ZIP-level market 29611-4624

Active inventory
1
Price-to-rent
11.3×

Monthly cashflow live

Estimated rent
$1,764 high interval (Pro) →
Mortgage (P&I)
$1,253
Tax from tax record
$202 /mo · $2,420/yr
Insurance
$100
HOA
$0
Vacancy / Maint / Mgmt
$370
Net cashflow
$-161

Break-even live

Break-even rent $1,968
Max offer price $210,518
Occupancy floor

Sensitivity live

Price -10% $-26 -5% $-94 +0% $-161 +5% $-229 +10% $-297
Rent -10% $-301 -5% $-231 +0% $-161 +5% $-92 +10% $-22
Rate -1.0pp $-41 -0.5pp $-100 base $-161 +0.5pp $-223 +1.0pp $-286

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
$59,750
Closing costs
$7,170
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 22 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
19 Saco St Greenville, SC 2.0 2.0 1050 $2,400 $2.29 24d 1 0.31mi
4 Kilgore St Greenville, SC 2.0 1.0 1050 $1,500 $1.43 24d 1 0.42mi
701 Easley Bridge Rd Greenville, SC 3.0 1.0–2.5 1324 $3,465 $2.62 3d 110 0.52mi
29 4th St Greenville, SC 3.0 2.0 1120 $1,695 $1.51 4d 1 0.56mi
1 E Main St Greenville, SC 1.0–3.0 1.0–2.0 1241 $2,600 $2.10 4d 28 0.79mi
119 Heatherly Dr Greenville, SC 2.0 1.0 896 $950 $1.06 24d 1 0.89mi
5001 Assembly View Cir Greenville, SC 1.0–3.0 1.0–2.0 975 $1,551 $1.59 4d 27 0.97mi
317 Douthit St Greenville, SC 2.0 1.0 825 $1,095 $1.33 4d 1 0.98mi
8 Judson Rd Greenville, SC 2.0 1.0 944 $1,200 $1.27 24d 1 1.01mi
1 Craven St Unit 8 Greenville, SC 2.0 1.0 850 $1,350 $1.59 4d 1 1.06mi
4 Averill St Greenville, SC 2.0 1.0 728 $1,400 $1.92 24d 1 1.06mi
111 N Calhoun St Greenville, SC 2.0 1.0 650 $1,250 $1.92 24d 1 1.06mi
500 Birnie St Greenville, SC 2.0 1.0 980 $1,475 $1.51 24d 1 1.12mi
33 9th St Greenville, SC 2.0 1.0 886 $1,000 $1.13 24d 1 1.13mi
39 E 7th St Greenville, SC 3.0 2.0 1120 $1,750 $1.56 4d 1 1.13mi
304 N Leach St Greenville, SC 2.0 1.0 756 $1,250 $1.65 24d 1 1.16mi
5 Zarline St Greenville, SC 3.0 1.0 1060 $1,095 $1.03 20d 1 1.24mi
806 Green Ave Greenville, SC 3.0 1.0–2.0 1053 $2,300 $2.18 24d 1 1.27mi
412 Green Ave Greenville, SC 2.0 1.0 980 $3,000 $3.06 15d 1 1.29mi
1108 S Main St Greenville, SC 3.0 1.0–2.0 1060 $3,453 $3.26 4d 25 1.34mi
298 Werts St Greenville, SC 2.0 2.0 1110 $2,000 $1.80 24d 1 1.35mi
3001 Lizzie Dr Greenville, SC 1.0–3.0 1.0–2.0 976 $1,401 $1.44 24d 1 1.35mi

Listing history 27 events

  1. 2026-06-18
    days on market $239,000 Active 146 DOM
  2. 2026-06-17
    days on market $239,000 Active 145 DOM
  3. 2026-06-16
    days on market $239,000 Active 144 DOM
  4. 2026-06-15
    days on market $239,000 Active 143 DOM
  5. 2026-06-13
    days on market $239,000 Active 141 DOM
  6. 2026-06-13
    days on market $239,000 Active 140 DOM
  7. 2026-06-10
    days on market $239,000 Active 138 DOM
  8. 2026-06-09
    days on market $239,000 Active 137 DOM
  9. 2026-06-08
    days on market $239,000 Active 136 DOM
  10. 2026-06-07
    days on market $239,000 Active 135 DOM
  11. 2026-06-03
    days on market $239,000 Active 131 DOM
  12. 2026-06-03
    days on market $239,000 Active 130 DOM
  13. 2026-06-01
    days on market $239,000 Active 129 DOM
  14. 2026-05-31
    days on market $239,000 Active 128 DOM
  15. 2026-05-18
    price $239,000
  16. 2026-03-02
    price $240,500
  17. 2026-01-23
    listed $242,500 Active
  18. 2025-06-03
    soldstatus $225,870
  19. 2025-05-28
    soldstatus $225,870 Sold 982-char remark
    Show marketing remark (982 chars)

    Downtown Living Without the Downtown Price Looking for a home that gives you easy access to everything Greenville features—without the downtown price tag? This pristine 2 bed, 1 bath home delivers smart design, quality finishes, and a location that works for both living and investing. Inside, you’ll find granite countertops, thoughtful layout, and a space that lives bigger than its footprint. Step out onto the side deck overlooking Shoeless Joe Jackson Memorial Park and playground, giving you the feel of a larger yard and an open space to enjoy. With St. Francis Hospital just over a mile away and Fluor Field only 2.5 miles down the road, this location is both convenient and connected. Plus, being outside city limits means no Airbnb restrictions—a huge advantage for short-term rental investors. Whether you’re looking for a place to call home or a prime investment opportunity, this one checks all the right boxes. Let’s set up a showing!

  20. 2025-04-25
    status Pending 982-char remark
    Show marketing remark (982 chars)

    Downtown Living Without the Downtown Price Looking for a home that gives you easy access to everything Greenville features—without the downtown price tag? This pristine 2 bed, 1 bath home delivers smart design, quality finishes, and a location that works for both living and investing. Inside, you’ll find granite countertops, thoughtful layout, and a space that lives bigger than its footprint. Step out onto the side deck overlooking Shoeless Joe Jackson Memorial Park and playground, giving you the feel of a larger yard and an open space to enjoy. With St. Francis Hospital just over a mile away and Fluor Field only 2.5 miles down the road, this location is both convenient and connected. Plus, being outside city limits means no Airbnb restrictions—a huge advantage for short-term rental investors. Whether you’re looking for a place to call home or a prime investment opportunity, this one checks all the right boxes. Let’s set up a showing!

  21. 2025-04-17
    price $234,900 982-char remark
    Show marketing remark (982 chars)

    Downtown Living Without the Downtown Price Looking for a home that gives you easy access to everything Greenville features—without the downtown price tag? This pristine 2 bed, 1 bath home delivers smart design, quality finishes, and a location that works for both living and investing. Inside, you’ll find granite countertops, thoughtful layout, and a space that lives bigger than its footprint. Step out onto the side deck overlooking Shoeless Joe Jackson Memorial Park and playground, giving you the feel of a larger yard and an open space to enjoy. With St. Francis Hospital just over a mile away and Fluor Field only 2.5 miles down the road, this location is both convenient and connected. Plus, being outside city limits means no Airbnb restrictions—a huge advantage for short-term rental investors. Whether you’re looking for a place to call home or a prime investment opportunity, this one checks all the right boxes. Let’s set up a showing!

  22. 2025-04-10
    price $239,900 982-char remark
    Show marketing remark (982 chars)

    Downtown Living Without the Downtown Price Looking for a home that gives you easy access to everything Greenville features—without the downtown price tag? This pristine 2 bed, 1 bath home delivers smart design, quality finishes, and a location that works for both living and investing. Inside, you’ll find granite countertops, thoughtful layout, and a space that lives bigger than its footprint. Step out onto the side deck overlooking Shoeless Joe Jackson Memorial Park and playground, giving you the feel of a larger yard and an open space to enjoy. With St. Francis Hospital just over a mile away and Fluor Field only 2.5 miles down the road, this location is both convenient and connected. Plus, being outside city limits means no Airbnb restrictions—a huge advantage for short-term rental investors. Whether you’re looking for a place to call home or a prime investment opportunity, this one checks all the right boxes. Let’s set up a showing!

  23. 2025-03-28
    price $244,900 982-char remark
    Show marketing remark (982 chars)

    Downtown Living Without the Downtown Price Looking for a home that gives you easy access to everything Greenville features—without the downtown price tag? This pristine 2 bed, 1 bath home delivers smart design, quality finishes, and a location that works for both living and investing. Inside, you’ll find granite countertops, thoughtful layout, and a space that lives bigger than its footprint. Step out onto the side deck overlooking Shoeless Joe Jackson Memorial Park and playground, giving you the feel of a larger yard and an open space to enjoy. With St. Francis Hospital just over a mile away and Fluor Field only 2.5 miles down the road, this location is both convenient and connected. Plus, being outside city limits means no Airbnb restrictions—a huge advantage for short-term rental investors. Whether you’re looking for a place to call home or a prime investment opportunity, this one checks all the right boxes. Let’s set up a showing!

  24. 2025-03-20
    listed $254,900 Active 982-char remark
    Show marketing remark (982 chars)

    Downtown Living Without the Downtown Price Looking for a home that gives you easy access to everything Greenville features—without the downtown price tag? This pristine 2 bed, 1 bath home delivers smart design, quality finishes, and a location that works for both living and investing. Inside, you’ll find granite countertops, thoughtful layout, and a space that lives bigger than its footprint. Step out onto the side deck overlooking Shoeless Joe Jackson Memorial Park and playground, giving you the feel of a larger yard and an open space to enjoy. With St. Francis Hospital just over a mile away and Fluor Field only 2.5 miles down the road, this location is both convenient and connected. Plus, being outside city limits means no Airbnb restrictions—a huge advantage for short-term rental investors. Whether you’re looking for a place to call home or a prime investment opportunity, this one checks all the right boxes. Let’s set up a showing!

  25. 2022-02-10
    soldstatus $100,000
  26. 1992-08-18
    soldstatus $36,400
  27. 1990-03-13
    soldstatus $19,500

ⓘ 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
$2,420 · $202/mo
Projected year-2 tax
$2,420 · $202/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 · 15 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
  • 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$21,166
− Mortgage interest
−$13,388
− Property taxes
−$2,420
− Insurance
−$1,195
− Repairs & maintenance
−$1,693
− Management
−$1,693
− Depreciation
−$6,953
Taxable loss
−$6,177
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,482
After-tax cash flow
$-452/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
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 — Parker

Score
74/100
State rank
#31
US rank
#4642

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Parker, SC

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%

Not yet ingested

Political lean
Race & ethnicity
Common origin
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

Price history

+1125.6% since first listed
13 events — show timeline
  • 2026-05-18 Price Changed $239,000 Greater Greenville MLS
  • 2026-03-02 Price Changed $240,500 Greater Greenville MLS
  • 2026-01-23 Listed $242,500 Greater Greenville MLS
  • 2025-06-03 Sold (Public Records) $225,870 Public Records
  • 2025-05-28 Sold (MLS) $225,870 Greater Greenville MLS
  • 2025-04-25 Pending Greater Greenville MLS
  • 2025-04-17 Price Changed $234,900 Greater Greenville MLS
  • 2025-04-10 Price Changed $239,900 Greater Greenville MLS
  • 2025-03-28 Price Changed $244,900 Greater Greenville MLS
  • 2025-03-20 Listed $254,900 Greater Greenville MLS
  • 2022-02-10 Sold (Public Records) $100,000 Public Records
  • 1992-08-18 Sold (Public Records) $36,400 Public Records
  • 1990-03-13 Sold (Public Records) $19,500 Public Records

Property tax history

+10.2%/yr

Latest (2025): $2,420 · +3.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…