669 Sparano Loop · York, SC 29745

$252,999

3 bd · 2.5 ba · 1,661 sqft · Townhouse · 47 Days on market

Built 2026 Good condition Est $238k · 7% over

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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 +20.7/30.0
• DSCR +6.6/10.0
• 1% rule +5.5/10.0
• ARV discount +4.6/15.0
• Condition / age +4.0/5.0
• Livability +3.2/5.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

This new two-story home is host to an inviting open concept layout on the first floor that blends the kitchen, living and dining areas for seamless entertaining and multitasking. A nearby patio offers simple indoor-outdoor living. All three bedrooms are located on the second floor, including the luxurious owner's suite with a spa-inspired bathroom and walk-in closet.

Key facts

• Walk in closet
• Open concept layout
• Garage

Tags

• OPEN CONCEPT LAYOUT
• INDOOR OUTDOOR LIVING
• LUXURIOUS OWNER'S SUITE
• SPA INSPIRED BATHROOM
• WALK IN CLOSET

Property features AI

Finance

• Other: Address: 669 Sparano Loop, York, SC 29745
• Financial info: List price $260,149

Exterior

• Parking: Attached garage with 1 parking space (1 garage space total)
• Home design: Single-family home, Bristol VE plan; Active listing
• Exterior features: Living area approximately 1661

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms and 1 half bathroom
• Interior features: Spec new construction (Bristol VE plan)

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath townhouse listed at $253k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $342 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $253k).
• Recommended offer: $245k (3.0% below list) — sets the bar for market timing.
• Cap rate 7.9% vs local median 4.6% in York — 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 65/100 on livability (#139 in SC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools D-, crime F, amenities F.
• York 01 (rural): math 31% / reading 40% proficiency, ranked #41 of 80 in SC (top 51%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 541 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 2,550 units permitted in York County in 2024 (350 in 5+ unit buildings).
• This rent runs 40% of the median local income ($79k/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.
• York County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 47 days — a 3% lower offer ($245k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; moderate wind risk, 24% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $245,409 (3.0% below list)

Questions for the listing agent

1. It's been on market 47 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
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: 1.05% ✓
• Cap rate: 7.91%
• Cash-on-cash: 5.79%
• DSCR: 1.26
• GRM: 8.0

CMA / ARV

• ARV (on-the-fly): $237,523
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
639 Sparano Loop	0.00mi	3/2.5	1,657 (-0%)	1mo	$243,132	$147	99
643 Sparano Loop	0.15mi	3/2.5	1,661 (0%)	1mo	$235,000	$141	92
647 Sparano Loop	0.15mi	3/2.5	1,657 (-0%)	1mo	$237,649	$143	92
625 Sparano Loop	0.17mi	3/2.5	1,661 (0%)	1mo	$245,000	$148	92
621 Sparano Loop	0.16mi	3/2.5	1,657 (-0%)	1mo	$225,849	$136	91
613 Sparano Loop	0.19mi	3/2.5	1,657 (-0%)	1mo	$225,849	$136	90
620 Sparano Loop	0.18mi	3/2.5	1,680 (+1%)	1mo	$224,999	$134	89
612 Sparano Loop	0.19mi	3/2.5	1,680 (+1%)	1mo	$236,599	$141	89
609 Sparano Loop	0.22mi	3/2.5	1,661 (0%)	1mo	$256,000	$154	89
624 Sparano Loop	0.18mi	3/2.5	1,691 (+2%)	1mo	$267,429	$158	88

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: -7.3%
• Equity multiple: 0.73×
• Total profit: $-19,204
• Equity at exit: $37,723

10-year hold

• IRR: 2.3%
• Equity multiple: 1.16×
• Total profit: $11,450
• Equity at exit: $21,875

Cash invested: $70,840 (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 29745

• Home prices YoY: -30.3%
• Active inventory: 541
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $2,646 medium
• Mortgage (P&I): −$1,327
• Tax est. 1.5%: −$316 /mo · $3,795/yr
• Insurance: −$105
• HOA: −$0
• Vacancy / Maint / Mgmt: −$556
• Net cashflow: $342

Break-even live

Break-even rent $2,213

Max offer price $252,999

Occupancy floor 82%

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: $63,250
• Closing costs: $7,590
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
515 Trading Post Ln York, SC	3.0	2.5	1429	$2,300	$1.61	23d	1	0.89mi
495 Switch St York, SC	3.0	2.5	1928	$2,500	$1.30	3d	1	0.94mi

Listing history 14 events

1. 2026-06-18
   days on market $252,999 Active 47 DOM
2. 2026-06-17
   days on market $252,999 Active 46 DOM
3. 2026-06-16
   days on market $252,999 Active 45 DOM
4. 2026-06-15
   days on market $252,999 Active 44 DOM
5. 2026-06-13
   days on market $252,999 Active 42 DOM
6. 2026-06-10
   price $252,999 Active 38 DOM
7. 2026-06-09
   days on market $257,899 Active 38 DOM
8. 2026-06-08
   days on market $257,899 Active 37 DOM
9. 2026-06-07
   pricedays on market $257,899 Active 36 DOM
10. 2026-06-04
    days on market $262,149 Active 33 DOM
11. 2026-06-03
    days on market $262,149 Active 32 DOM
12. 2026-06-02
    pricedays on market $262,149 Active 31 DOM
13. 2026-06-01
    days on market $260,149 Active 30 DOM
14. 2026-05-31
    days on market $260,149 Active 29 DOM

ⓘ 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 5/10 Major FEMA zone X (unshaded) · 24% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥105°F today · 15 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 24% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $31,746
• − Mortgage interest: −$14,172
• − Property taxes: −$3,795
• − Insurance: −$1,265
• − Repairs & maintenance: −$2,540
• − Management: −$2,540
• − Depreciation: −$7,360
• Taxable income: $75
• Est. tax owed @ 24.0%: −$18
• After-tax cash flow: $4,080/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 well-maintained two-story townhouse is move-in ready with a good condition score and a good rehab level. It offers a modern open concept layout and a luxurious owner's suite with a spa-inspired bathroom. The property has good curb appeal and is ready for a fresh coat of paint to enhance its value.

Value-add opportunities

• Resale Paint the exterior walls — Fresh paint can enhance curb appeal and property value.
• Rental Replace the curtains — Fresh curtains can make the space more inviting and appealing to renters.

Renovation cost estimate screening

Value-add ROI direction

• Resale Paint the exterior walls — Fresh paint can enhance curb appeal and property value. ↑
• Rental Replace the curtains — Fresh curtains can make the space more inviting and appealing to renters. ↑

ⓘ 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: York 01
• NCES district ID: 4503810
• Math proficiency: 31% ▼ -16.00%
• Reading proficiency: 40% ▬ 0.00%
• Median HH income: $44,491
• Composite: 30.21/100
• National rank: #6305
• State rank: #41 of 80 in SC

Livability — York

• Score: 65/100
• State rank: #139
• US rank: #13425

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: York, SC
• County: York County · 281,758 people
• City population: 34,909
• Metro: Charlotte-Concord-Gastonia, NC-SC
• Population (ZIP): 34,909
• Household income: $79,117
• Rent vs Own: 16.1% rent · 83.9% own
• Severe rent burden: 321.0

Population outlook (York County) Hauer SSP2

• Today (2025): 307,757 people
• By 2030: 335,979 · +9.2%
• By 2040: 391,378 · +27.2%
• By 2050: 443,234 · +44.0%
• By 2075: 557,102 · +81.0%
• By 2100: 625,837 · +103.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (75%)
• Race & ethnicity: White 75% Black 12% Two or more races 6% Hispanic / Latino 6% Asian 1%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Romanian 3% Serbian 3% Italian 2%
• Foreign-born: 4% · Canada
• Languages at home: 94% English-only · Spanish 4%

Political lean MEDSL · York

• 2024 margin: R (+19.1) · D 39.7% · R 58.8% · Other 1.5%
• 2008→2024 swing: -1.4pp toward R · 2008: -17.7pp · 2024: -19.1pp
• All cycles: 2024: R+19.1 2020: R+16.5 2016: R+22.1 2012: R+20.5 2008: R+17.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -109.42%
• Current HPI: 251.6848
• Rent YoY: —
• Metro: Charlotte-Concord-Gastonia, NC-SC
• State GDP YoY: ▲ 4.51%
• F500 in state: 2

Industry mix (Fortune 500 HQ in SC)

Industry	F500 HQs	Revenue
▸Packaging	1	$7B