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458 Looper Rd
C Composite 55.27
Why this score? — see what drove the C 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 +18.7/30.0
  • ARV discount +7.4/15.0
  • DSCR +5.9/10.0
  • 1% rule +5.0/10.0
  • Appreciation +5.0/10.0
  • Schools +5.0/10.0
  • Livability +3.2/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0

$199,900

458 Looper Rd · Piedmont, SC 29669-9181
3 bd · 2.0 ba · 1,456 sqft · Manufactured public records · 77 Days on market
Built 1991 1.41 ac lot Est $199k · at est.

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

Listing remarks MLS

Discover this beautiful 3 bedroom, 2 bath home nestled on a stunning 1.4 acre lot, offering privacy and space. The property includes a metal carport cover, a storage building, public water, and a private septic system, giving you both convenience and flexibility. This is truly a must see. Inside, the layout is comfortable and functional, with a cozy den anchored by a brand new, never used wood burning fireplace. It is the kind of feature that makes you look forward to cold nights and relaxed weekends at home. The spacious kitchen and dining area are designed for everyday living and easy gatherings, complete with a breakfast bar that keeps everyone connected. The home flows naturally whether you are hosting family, working from home, or simply enjoying the peace that comes with having land around you. A covered front porch offers the perfect place to unwind in the evenings or entertain friends on the weekend. With no HOA restrictions and plenty of room for a garden, workshop, animals, or just space to spread out, this property offers the freedom and lifestyle so many buyers are looking for, all tucked away in a quiet, up and coming area of Pelzer while still being convenient to town.

Key facts

  • Covered front porch
  • Metal carport cover
  • Storage building

Tags

METAL CARPORT COVERSTORAGE BUILDINGPRIVATE SEPTIC SYSTEMWOOD BURNING FIREPLACEBREAKFAST BARCOVERED FRONT PORCH

Property features AI

Finance

  • HOA & community: No HOA fees

Exterior

  • Parking: Detached 1-car carport; Gravel driveway
  • Utilities: Public water; Electric water heater; Septic sewer; Private garbage pickup
  • Home design: Single-story residential home; Built in 1991; Crawl space foundation
  • Construction: Vinyl siding exterior; Metal roof
  • Exterior features: Deck; Level lot

Interior

  • Kitchen: Kitchen (approx. 10 x 13); Dishwasher; Electric oven
  • Bedrooms: Primary bedroom on main level with full bath (approx. 12 x 15); Second bedroom (approx. 9 x 13); Third bedroom (approx. 8 x 13)
  • Flooring: Vinyl floors
  • Bathrooms: Two full bathrooms (both on the main level)
  • Heating & cooling: Electric heating; Electric cooling
  • Interior features: Laminate countertops; Wood-burning fireplace (1)
  • Laundry & utility: Electric dryer hookup

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 manufactured listed at $200k.

Deal economics

  • At list price, monthly cash flow is $199 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $200k).
  • Recommended offer: $188k (6.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 64/100 on livability (#160 in SC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D+, crime D, amenities F.
  • Anderson 01 (rural): math 58% / reading 60% proficiency, ranked #3 of 80 in SC (top 4%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: West Pelzer Elementary (math 47% / reading 42%, grade F, #226 of 597 statewide, top 40%, 362 students, 86% FRL) — zoned schools average 86% FRL vs 35% district-wide (50 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 44% at this address vs 59% district-wide (-14 pts) — the specific schools serving this property underperform the Anderson 01 average; the district grade overstates school quality for this exact location.
  • Market conditions: 1 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 1,255 units permitted in Anderson County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • In year one you build about $7k of equity ($1k loan paydown + $6k appreciation (3.0% local appreciation)).
  • Anderson County population projected at +14% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (3.0% appreciation + 3.0% rent growth), your $56k cash investment doubles in ~5 years — after that, you're playing with house money.
  • By year 5, 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 77 days — a 6% lower offer ($188k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts; this cycle's ask has dropped $25k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $29k; list at $200k implies a 589% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $187,906 (6.0% below list)

Questions for the listing agent

  1. It's been on market 77 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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?
  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
1.00%
Cap rate
7.48%
Cash-on-cash
4.26%
DSCR
1.19
GRM
8.3

CMA / ARV

ARV (on-the-fly)
$199,472
Comps found
1
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
458 Looper Rd 0.00mi 3/2.0 1,456 (0%) 0mo $200,000 $137 100

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
11.5%
Equity multiple
1.66×
Total profit
$36,756
Equity at exit
$89,884
10-year hold
IRR
13.6%
Equity multiple
3.02×
Total profit
$113,199
Equity at exit
$138,521

Cash invested: $55,972 (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 29669-9181

Active inventory
1
Price-to-rent
8.3×

Monthly cashflow live

Estimated rent
$2,000 medium interval (Pro) →
Mortgage (P&I)
$1,048
Tax est. 1.5%
$250 /mo · $2,998/yr
Insurance
$83
HOA
$0
Vacancy / Maint / Mgmt
$420
Net cashflow
$199

Break-even live

Break-even rent $1,749
Max offer price $199,900
Occupancy floor 85%

Sensitivity live

Price -10% $337 -5% $268 +0% $199 +5% $129 +10% $60
Rent -10% $41 -5% $120 +0% $199 +5% $278 +10% $357
Rate -1.0pp $299 -0.5pp $249 base $199 +0.5pp $147 +1.0pp $94

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
$49,975
Closing costs
$5,997
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 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
101 S Fox Cir Piedmont, SC 3.0 2.0 1150 $2,000 $1.74 4d 1 1.48mi

Listing history 12 events

  1. 2026-04-14
    status Pending 1201-char remark
    Show marketing remark (1201 chars)

    Discover this beautiful 3 bedroom, 2 bath home nestled on a stunning 1.4 acre lot, offering privacy and space. The property includes a metal carport cover, a storage building, public water, and a private septic system, giving you both convenience and flexibility. This is truly a must see. Inside, the layout is comfortable and functional, with a cozy den anchored by a brand new, never used wood burning fireplace. It is the kind of feature that makes you look forward to cold nights and relaxed weekends at home. The spacious kitchen and dining area are designed for everyday living and easy gatherings, complete with a breakfast bar that keeps everyone connected. The home flows naturally whether you are hosting family, working from home, or simply enjoying the peace that comes with having land around you. A covered front porch offers the perfect place to unwind in the evenings or entertain friends on the weekend. With no HOA restrictions and plenty of room for a garden, workshop, animals, or just space to spread out, this property offers the freedom and lifestyle so many buyers are looking for, all tucked away in a quiet, up and coming area of Pelzer while still being convenient to town.

  2. 2026-04-14
    status Pending
    Show marketing remark (1201 chars)

    Discover this beautiful 3 bedroom, 2 bath home nestled on a stunning 1.4 acre lot, offering privacy and space. The property includes a metal carport cover, a storage building, public water, and a private septic system, giving you both convenience and flexibility. This is truly a must see. Inside, the layout is comfortable and functional, with a cozy den anchored by a brand new, never used wood burning fireplace. It is the kind of feature that makes you look forward to cold nights and relaxed weekends at home. The spacious kitchen and dining area are designed for everyday living and easy gatherings, complete with a breakfast bar that keeps everyone connected. The home flows naturally whether you are hosting family, working from home, or simply enjoying the peace that comes with having land around you. A covered front porch offers the perfect place to unwind in the evenings or entertain friends on the weekend. With no HOA restrictions and plenty of room for a garden, workshop, animals, or just space to spread out, this property offers the freedom and lifestyle so many buyers are looking for, all tucked away in a quiet, up and coming area of Pelzer while still being convenient to town.

  3. 2026-03-13
    price $199,900
    Show marketing remark (1201 chars)

    Discover this beautiful 3 bedroom, 2 bath home nestled on a stunning 1.4 acre lot, offering privacy and space. The property includes a metal carport cover, a storage building, public water, and a private septic system, giving you both convenience and flexibility. This is truly a must see. Inside, the layout is comfortable and functional, with a cozy den anchored by a brand new, never used wood burning fireplace. It is the kind of feature that makes you look forward to cold nights and relaxed weekends at home. The spacious kitchen and dining area are designed for everyday living and easy gatherings, complete with a breakfast bar that keeps everyone connected. The home flows naturally whether you are hosting family, working from home, or simply enjoying the peace that comes with having land around you. A covered front porch offers the perfect place to unwind in the evenings or entertain friends on the weekend. With no HOA restrictions and plenty of room for a garden, workshop, animals, or just space to spread out, this property offers the freedom and lifestyle so many buyers are looking for, all tucked away in a quiet, up and coming area of Pelzer while still being convenient to town.

  4. 2026-03-13
    price $199,900 1201-char remark
    Show marketing remark (1201 chars)

    Discover this beautiful 3 bedroom, 2 bath home nestled on a stunning 1.4 acre lot, offering privacy and space. The property includes a metal carport cover, a storage building, public water, and a private septic system, giving you both convenience and flexibility. This is truly a must see. Inside, the layout is comfortable and functional, with a cozy den anchored by a brand new, never used wood burning fireplace. It is the kind of feature that makes you look forward to cold nights and relaxed weekends at home. The spacious kitchen and dining area are designed for everyday living and easy gatherings, complete with a breakfast bar that keeps everyone connected. The home flows naturally whether you are hosting family, working from home, or simply enjoying the peace that comes with having land around you. A covered front porch offers the perfect place to unwind in the evenings or entertain friends on the weekend. With no HOA restrictions and plenty of room for a garden, workshop, animals, or just space to spread out, this property offers the freedom and lifestyle so many buyers are looking for, all tucked away in a quiet, up and coming area of Pelzer while still being convenient to town.

  5. 2026-03-09
    price $209,000
    Show marketing remark (1201 chars)

    Discover this beautiful 3 bedroom, 2 bath home nestled on a stunning 1.4 acre lot, offering privacy and space. The property includes a metal carport cover, a storage building, public water, and a private septic system, giving you both convenience and flexibility. This is truly a must see. Inside, the layout is comfortable and functional, with a cozy den anchored by a brand new, never used wood burning fireplace. It is the kind of feature that makes you look forward to cold nights and relaxed weekends at home. The spacious kitchen and dining area are designed for everyday living and easy gatherings, complete with a breakfast bar that keeps everyone connected. The home flows naturally whether you are hosting family, working from home, or simply enjoying the peace that comes with having land around you. A covered front porch offers the perfect place to unwind in the evenings or entertain friends on the weekend. With no HOA restrictions and plenty of room for a garden, workshop, animals, or just space to spread out, this property offers the freedom and lifestyle so many buyers are looking for, all tucked away in a quiet, up and coming area of Pelzer while still being convenient to town.

  6. 2026-03-09
    price $209,000 1201-char remark
    Show marketing remark (1201 chars)

    Discover this beautiful 3 bedroom, 2 bath home nestled on a stunning 1.4 acre lot, offering privacy and space. The property includes a metal carport cover, a storage building, public water, and a private septic system, giving you both convenience and flexibility. This is truly a must see. Inside, the layout is comfortable and functional, with a cozy den anchored by a brand new, never used wood burning fireplace. It is the kind of feature that makes you look forward to cold nights and relaxed weekends at home. The spacious kitchen and dining area are designed for everyday living and easy gatherings, complete with a breakfast bar that keeps everyone connected. The home flows naturally whether you are hosting family, working from home, or simply enjoying the peace that comes with having land around you. A covered front porch offers the perfect place to unwind in the evenings or entertain friends on the weekend. With no HOA restrictions and plenty of room for a garden, workshop, animals, or just space to spread out, this property offers the freedom and lifestyle so many buyers are looking for, all tucked away in a quiet, up and coming area of Pelzer while still being convenient to town.

  7. 2026-02-12
    price $220,000
    Show marketing remark (1201 chars)

    Discover this beautiful 3 bedroom, 2 bath home nestled on a stunning 1.4 acre lot, offering privacy and space. The property includes a metal carport cover, a storage building, public water, and a private septic system, giving you both convenience and flexibility. This is truly a must see. Inside, the layout is comfortable and functional, with a cozy den anchored by a brand new, never used wood burning fireplace. It is the kind of feature that makes you look forward to cold nights and relaxed weekends at home. The spacious kitchen and dining area are designed for everyday living and easy gatherings, complete with a breakfast bar that keeps everyone connected. The home flows naturally whether you are hosting family, working from home, or simply enjoying the peace that comes with having land around you. A covered front porch offers the perfect place to unwind in the evenings or entertain friends on the weekend. With no HOA restrictions and plenty of room for a garden, workshop, animals, or just space to spread out, this property offers the freedom and lifestyle so many buyers are looking for, all tucked away in a quiet, up and coming area of Pelzer while still being convenient to town.

  8. 2026-02-12
    price $220,000 1201-char remark
    Show marketing remark (1201 chars)

    Discover this beautiful 3 bedroom, 2 bath home nestled on a stunning 1.4 acre lot, offering privacy and space. The property includes a metal carport cover, a storage building, public water, and a private septic system, giving you both convenience and flexibility. This is truly a must see. Inside, the layout is comfortable and functional, with a cozy den anchored by a brand new, never used wood burning fireplace. It is the kind of feature that makes you look forward to cold nights and relaxed weekends at home. The spacious kitchen and dining area are designed for everyday living and easy gatherings, complete with a breakfast bar that keeps everyone connected. The home flows naturally whether you are hosting family, working from home, or simply enjoying the peace that comes with having land around you. A covered front porch offers the perfect place to unwind in the evenings or entertain friends on the weekend. With no HOA restrictions and plenty of room for a garden, workshop, animals, or just space to spread out, this property offers the freedom and lifestyle so many buyers are looking for, all tucked away in a quiet, up and coming area of Pelzer while still being convenient to town.

  9. 2026-01-26
    listed $225,000 Active 1201-char remark
    Show marketing remark (1201 chars)

    Discover this beautiful 3 bedroom, 2 bath home nestled on a stunning 1.4 acre lot, offering privacy and space. The property includes a metal carport cover, a storage building, public water, and a private septic system, giving you both convenience and flexibility. This is truly a must see. Inside, the layout is comfortable and functional, with a cozy den anchored by a brand new, never used wood burning fireplace. It is the kind of feature that makes you look forward to cold nights and relaxed weekends at home. The spacious kitchen and dining area are designed for everyday living and easy gatherings, complete with a breakfast bar that keeps everyone connected. The home flows naturally whether you are hosting family, working from home, or simply enjoying the peace that comes with having land around you. A covered front porch offers the perfect place to unwind in the evenings or entertain friends on the weekend. With no HOA restrictions and plenty of room for a garden, workshop, animals, or just space to spread out, this property offers the freedom and lifestyle so many buyers are looking for, all tucked away in a quiet, up and coming area of Pelzer while still being convenient to town.

  10. 2026-01-26
    listed $225,000 Active
    Show marketing remark (1201 chars)

    Discover this beautiful 3 bedroom, 2 bath home nestled on a stunning 1.4 acre lot, offering privacy and space. The property includes a metal carport cover, a storage building, public water, and a private septic system, giving you both convenience and flexibility. This is truly a must see. Inside, the layout is comfortable and functional, with a cozy den anchored by a brand new, never used wood burning fireplace. It is the kind of feature that makes you look forward to cold nights and relaxed weekends at home. The spacious kitchen and dining area are designed for everyday living and easy gatherings, complete with a breakfast bar that keeps everyone connected. The home flows naturally whether you are hosting family, working from home, or simply enjoying the peace that comes with having land around you. A covered front porch offers the perfect place to unwind in the evenings or entertain friends on the weekend. With no HOA restrictions and plenty of room for a garden, workshop, animals, or just space to spread out, this property offers the freedom and lifestyle so many buyers are looking for, all tucked away in a quiet, up and coming area of Pelzer while still being convenient to town.

  11. 1991-01-26
    soldstatus $28,995
  12. 1991-01-15
    soldstatus $11,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 ≥105°F today · 17 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low 2% chance of damaging wind over 30 yrs
  • 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$24,000
− Mortgage interest
−$11,198
− Property taxes
−$2,998
− Insurance
−$1,000
− Repairs & maintenance
−$1,920
− Management
−$1,920
− Depreciation
−$5,815
Taxable loss
−$851
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$204
After-tax cash flow
$2,587/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
Anderson 01
NCES district ID
4500780
Math proficiency
58% ▼ -6.00%
Reading proficiency
60% ▼ -1.00%
Median HH income
$52,196
Composite
50.46/100
National rank
#1861
State rank
#3 of 80 in SC

Livability — Piedmont

Score
64/100
State rank
#160
US rank
#14725

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

No demographic data for this ZIP.

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

+1717.3% since first listed
12 events — show timeline
  • 2026-04-14 Pending WUMLS
  • 2026-04-14 Pending Greater Greenville MLS
  • 2026-03-13 Price Changed $199,900 Greater Greenville MLS
  • 2026-03-13 Price Changed $199,900 WUMLS
  • 2026-03-09 Price Changed $209,000 Greater Greenville MLS
  • 2026-03-09 Price Changed $209,000 WUMLS
  • 2026-02-12 Price Changed $220,000 Greater Greenville MLS
  • 2026-02-12 Price Changed $220,000 WUMLS
  • 2026-01-26 Listed $225,000 Greater Greenville MLS
  • 2026-01-26 Listed $225,000 WUMLS
  • 1991-01-26 Sold (Public Records) $28,995 Public Records
  • 1991-01-15 Sold (Public Records) $11,000 Public Records

Property tax history

-7.0%/yr

Latest (2025): $40 · +0.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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