1010 Two Brothers Ln · York, SC 29745

$374,590

4 bd · 2.5 ba · 2,174 sqft · Land · 49 Days on market

Built 2026 4,965 sqft lot $102/mo HOA · 3% 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).

• Cash flow +12.0/30.0
• ARV discount +7.5/15.0
• DSCR +3.5/10.0
• Livability +3.2/5.0
• Schools +3.0/10.0
• 1% rule +2.8/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Come see 1010 Two Brothers Lane in York, SC. The Elston is a spacious and modern two story home plans featured at Fergus Crossing in York, SC. The home features four bedrooms, two and a half bathrooms, and two-car garage. The open concept layer connects the home beautifully, where the inviting foyer will lead you into the heart of the home, where the kitchen and large family room meet to create a welcoming atmosphere. The kitchen's stainless steel appliances, ample cabinet space, and a center island make it perfect for cooking and entertaining. The home features a primary suite with a walk-in closet and an en-suite bathroom with dual vanities. The additional three bedrooms provide privacy and comfort and share access to a secondary bathroom. A loft space on the second floor can be used as a media room, home office, or playroom. Additional features include a laundry room, ample storage closets, and large windows for natural light. With its thoughtful design, spacious layout, and modern conveniences, the Elston is the perfect place to call home at Fergus Crossing. Pictures are representative.

Key facts

• 4,965 sq ft lot
• 2 garage spots
• Community pool

Property features AI

Finance

• HOA & community: Homeowners association with mandatory dues; Quarterly HOA fee of $307; Community amenities include outdoor pool, playground, tennis courts, game court, cabana, picnic area, recreation area, sidewalks, street lights, and walking trails

Exterior

• Parking: 2-car garage; Driveway; Garage door opener; Main level garage
• Security: Smoke detectors; Carbon monoxide detectors
• Utilities: City water; Public sewer; Cable available; Fiber optics available
• Home design: Single family residence; Residential property; Two-story home; Under construction / New construction; Entry level includes main and upper levels
• Construction: Site-built; Fiber cement exterior; Slab foundation; Builder: D.R. Horton (Elston J model); Proposed completion mid-2026
• Exterior features: Concrete road access; Lot approximately 0.114 acres; Road dedicated to public use pending acceptance

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Walk-in pantry
• Bedrooms: 4 bedrooms (3 on upper level, 1 on main level)
• Flooring: Carpet; Vinyl
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Electric heating; Heat pump; Central air; Zoned cooling
• Interior features: Open floorplan; Garden tub; Walk-in pantry; Insulated windows; 11 total rooms
• Laundry & utility: Washer hookup; Electric dryer hookup; Laundry on upper level

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath land listed at $375k.

Deal economics

• At list price, monthly cash flow is $-92 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $358k (4.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $292k (22.1% below list).
• Recommended offer: $292k (22.1% below list) — sets the bar for 1% rule.
• Cap rate 6.0% 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: crime F, amenities F, commute 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.
• Zoned schools: Hunter Street Elementary (math 52% / reading 47%, grade D, #168 of 597 statewide, top 31%, 405 students, 74% FRL); York Comprehensive High (math 39% / reading 82%, grade C+, #108 of 196 statewide, top 55%, 1,493 students, 68% FRL) — zoned schools average 71% FRL vs 54% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 55% at this address vs 36% district-wide (+20 pts) — the actual schools serving this property are materially stronger than the York 01 average implies; a family-tenant draw the district grade alone would hide.
• 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 44% 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 $3k of loan paydown is wiped out by about $11k 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 49 days — a 3% lower offer ($363k) 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.

Recommended offer $291,677 (22.1% 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 49 days. Have you received any prior offers? Is the seller open to a 22% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. 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: 0.78% ✗
• Cap rate: 6.00%
• Cash-on-cash: -1.05%
• DSCR: 0.95
• GRM: 10.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -18.1%
• Equity multiple: 0.36×
• Total profit: $-66,613
• Equity at exit: $55,853

10-year hold

• IRR: -10.3%
• Equity multiple: 0.37×
• Total profit: $-65,826
• Equity at exit: $32,388

Cash invested: $104,885 (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: 10.7×

Monthly cashflow live

• Estimated rent: $2,917 medium
• Mortgage (P&I): −$1,964
• Tax from tax record: −$173 /mo · $2,081/yr
• Insurance: −$156
• HOA: −$102
• Vacancy / Maint / Mgmt: −$613
• Net cashflow: $-92

Break-even live

Break-even rent $3,033

Max offer price $358,395

Occupancy floor 98%

Sensitivity live

Price	-10% $120	-5% $14	+0% $-92	+5% $-198	+10% $-304
Rent	-10% $-322	-5% $-207	+0% $-92	+5% $24	+10% $139
Rate	-1.0pp $97	-0.5pp $4	base $-92	+0.5pp $-189	+1.0pp $-287

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: $93,648
• Closing costs: $11,238
• 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	24d	1	0.59mi
495 Switch St York, SC	3.0	2.5	1928	$2,500	$1.30	4d	1	0.84mi

HOA detail

• Monthly dues: $102 · $1,224/yr

Listing history 16 events

1. 2026-06-18
   days on market $374,590 Active 49 DOM
2. 2026-06-17
   days on market $374,590 Active 48 DOM
3. 2026-06-16
   days on market $374,590 Active 47 DOM
4. 2026-06-15
   days on market $374,590 Active 46 DOM
5. 2026-06-13
   days on market $374,590 Active 44 DOM
6. 2026-06-09
   days on market $374,590 Active 40 DOM
7. 2026-06-08
   days on market $374,590 Active 39 DOM
8. 2026-06-07
   days on market $374,590 Active 38 DOM
9. 2026-06-04
   days on market $374,590 Active 35 DOM
10. 2026-06-03
    days on market $374,590 Active 34 DOM
11. 2026-06-02
    days on market $374,590 Active 33 DOM
12. 2026-06-01
    days on market $374,590 Active 32 DOM
13. 2026-05-31
    days on market $374,590 Active 31 DOM
14. 2026-05-01
    listed $374,590 Active 1107-char remark

    Show marketing remark (1107 chars)

    Come see 1010 Two Brothers Lane in York, SC. The Elston is a spacious and modern two story home plans featured at Fergus Crossing in York, SC. The home features four bedrooms, two and a half bathrooms, and two-car garage. The open concept layer connects the home beautifully, where the inviting foyer will lead you into the heart of the home, where the kitchen and large family room meet to create a welcoming atmosphere. The kitchen's stainless steel appliances, ample cabinet space, and a center island make it perfect for cooking and entertaining. The home features a primary suite with a walk-in closet and an en-suite bathroom with dual vanities. The additional three bedrooms provide privacy and comfort and share access to a secondary bathroom. A loft space on the second floor can be used as a media room, home office, or playroom. Additional features include a laundry room, ample storage closets, and large windows for natural light. With its thoughtful design, spacious layout, and modern conveniences, the Elston is the perfect place to call home at Fergus Crossing. Pictures are representative.

15. 2026-04-30
    listed $374,590 Active
16. 2025-10-02
    soldstatus $2,956,608

ⓘ 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: $2,081 · $173/mo
• Projected year-2 tax: $2,135 · $178/mo
• Expected delta: +$54/yr (+$4/mo · 2.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $35,001
• − Mortgage interest: −$20,983
• − Property taxes: −$2,081
• − Insurance: −$1,873
• − Repairs & maintenance: −$2,800
• − Management: −$2,800
• − HOA: −$1,224
• − Depreciation: −$10,897
• Taxable loss: −$7,657
• Est. tax savings @ 24.0%: +$1,838
• After-tax cash flow: $738/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: 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

Price history

-87.3% since first listed

3 events — show timeline

• 2026-05-01 Listed $374,590 Zillow
• 2026-04-30 Listed $374,590 CANOPYMLS as Distributed by MLS Grid
• 2025-10-02 Sold (Public Records) $2,956,608 Public Records