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219 Laurinton Farms Dr
D Composite 40.39
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 +13.0/30.0
  • ARV discount +7.5/15.0
  • Condition / age +4.0/5.0
  • 1% rule +3.9/10.0
  • DSCR +3.9/10.0
  • Livability +3.0/5.0
  • Schools +2.6/10.0
  • Rent growth +2.5/5.0
  • Appreciation +0.0/10.0

$253,206

219 Laurinton Farms Dr · Hopkins, SC 29061
4 bd · 3.5 ba · 1,709 sqft · SingleFamily · 62 Days on market
Built 2025 Good condition 3,920 sqft lot $44/mo HOA · 2% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

$11,500 in options or $15,000 in closing cost with our partner lender. Welcome to the Evans! A four bedroom, two-and-one-half bathroom home with an expansive floor plan featuring a primary bedroom on the main level, complete with a large walk-in closet and en-suite bath. The open-concept living and dining areas are perfect for entertaining, while the kitchen boasts birch burlap cabinets and modern appliances with ample counter space. Enjoy the outdoors on your covered back porch! Upstairs, you'll find three bedrooms and a full bathroom. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

Key facts

  • Modern appliances
  • En-suite bath
  • Large walk-in closet

Tags

PRIMARY BEDROOM ON MAIN LEVELLARGE WALK-IN CLOSETEN-SUITE BATHOPEN-CONCEPT LIVING AND DININGBIRCH BURLAP CABINETSMODERN APPLIANCES

Property features AI

Finance

  • Other:
  • Financial info:
  • HOA & community: Community association present; Association covers common area maintenance, playground, pool, sidewalk maintenance, and street light maintenance

Exterior

  • Parking: Attached garage with space for 1 vehicle
  • Security:
  • Utilities: Public water; Public sewer
  • Home design: Two-story home; Slab foundation
  • Construction:
  • Exterior features: Vinyl exterior finish; Paved road access

Interior

  • Kitchen:
  • Bedrooms: Master bedroom on the main level; Additional bedrooms on the second level
  • Flooring:
  • Bathrooms: Three full bathrooms; One partial bathroom (half bath)
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Family room on the main level
  • Laundry & utility: Washer/dryer located on the main level

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 4-bed/3.5-bath single-family listed at $253k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-12 ($-148/yr) — negative.
  • To cash-flow at today's rent, offer at most $251k (0.7% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $226k (10.9% below list).
  • Recommended offer: $226k (10.9% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 59/100 on livability (#238 in SC) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, crime B+, housing B; Watch: employment D+, amenities F, commute F.
  • Richland 01 (urban): math 26% / reading 36% proficiency, ranked #54 of 80 in SC (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Horrell Hill Elementary (math 17% / reading 17%, grade F, #515 of 597 statewide, top 89%, 562 students, 100% FRL); Lower Richland High (math 5% / reading 64%, grade F, #185 of 196 statewide, top 94%, 1,244 students, 100% FRL) — zoned schools average 100% FRL vs 64% district-wide (36 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: 328 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); 3,472 units permitted in Richland County in 2024 (1,096 in 5+ unit buildings).
  • This rent runs 45% of the median local income ($60k/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.
  • Richland County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 62 days — a 6% lower offer ($238k) is reasonable based on typical stale-listing flexibility.
Recommended offer $225,508 (10.9% 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 62 days. Have you received any prior offers? Is the seller open to a 11% 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  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
0.89%
Cap rate
6.23%
Cash-on-cash
-0.21%
DSCR
0.99
GRM
9.4

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
-16.6%
Equity multiple
0.41×
Total profit
$-41,755
Equity at exit
$37,754
10-year hold
IRR
-8.4%
Equity multiple
0.48×
Total profit
$-37,123
Equity at exit
$21,893

Cash invested: $70,898 (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 29061

Home prices YoY
-22.8%
Active inventory
328
Price-to-rent
9.4×

Monthly cashflow live

Estimated rent
$2,255 medium interval (Pro) →
Mortgage (P&I)
$1,328
Tax est. 1.5%
$317 /mo · $3,798/yr
Insurance
$106
HOA
$44
Vacancy / Maint / Mgmt
$474
Net cashflow
$-12

Break-even live

Break-even rent $2,271
Max offer price $251,421
Occupancy floor 96%

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
$63,302
Closing costs
$7,596
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 3 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
345 Bevington Brook Ln Hopkins, SC 3.0 2.0 1475 $2,195 $1.49 23d 1 0.97mi
455 Hunters Crossing Dr Hopkins, SC 3.0 2.0 1381 $1,699 $1.23 14d 1 1.00mi
1049 Crescent Moon Loop Hopkins, SC 3.0 2.5 1650 $2,100 $1.27 14d 1 1.06mi

HOA detail

Monthly dues
$44 · $528/yr

Listing history 2 events

  1. 2026-05-19
    status Pending
  2. 2026-03-18
    listed $253,206 Active

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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$27,061
− Mortgage interest
−$14,183
− Property taxes
−$3,798
− Insurance
−$1,266
− Repairs & maintenance
−$2,165
− Management
−$2,165
− HOA
−$528
− Depreciation
−$7,366
Taxable loss
−$4,410
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,058
After-tax cash flow
$910/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 home is in good condition with a good condition score of 80. It is move-in ready with a cosmetic rehab level. The highest-ROI updates would be painting the exterior and interior walls, landscaping improvements, upgrading the kitchen appliances, and upgrading the bathrooms with modern fixtures.

Value-add opportunities

  • Both Painting the exterior and interior walls — Enhances curb appeal and interior aesthetics.
  • Both Landscaping improvements — Enhances curb appeal and adds value.
  • Resale Upgrading the kitchen appliances — Modernizes the kitchen and appeals to potential buyers.
  • Resale Upgrading the bathrooms with modern fixtures — Modernizes the bathrooms and appeals to potential buyers.

Renovation cost estimate screening

Value-add ROI direction

  • Both Painting the exterior and interior walls — Enhances curb appeal and interior aesthetics.
  • Both Landscaping improvements — Enhances curb appeal and adds value.
  • Resale Upgrading the kitchen appliances — Modernizes the kitchen and appeals to potential buyers.
  • Resale Upgrading the bathrooms with modern fixtures — Modernizes the bathrooms and appeals to potential buyers.

ⓘ 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
Richland 01
NCES district ID
4503360
Math proficiency
26% ▼ -7.00%
Reading proficiency
36% ▼ -5.00%
Median HH income
$38,931
Composite
25.94/100
National rank
#7335
State rank
#54 of 80 in SC

Livability — Hopkins

Score
59/100
State rank
#238
US rank
#19825

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Richland County · 389,530 people
City population
12,538
Metro
Columbia, SC
Population (ZIP)
12,538
Household income
$60,307
Rent vs Own
19.1% rent · 80.9% own
Severe rent burden
236.0

Population outlook (Richland County) Hauer SSP2

Today (2025)
459,667 people
By 2030
487,524 · +6.1%
By 2040
542,035 · +17.9%
By 2050
595,371 · +29.5%
By 2075
732,998 · +59.5%
By 2100
820,415 · +78.5%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly Black (68%)
Race & ethnicity
Black 68% White 23% Two or more races 6% Hispanic / Latino 4%
Common ancestry
Italian 1% Lithuanian 1% Romanian 1%
Foreign-born
3% · Canada
Languages at home
96% English-only · Spanish 3%

Political lean MEDSL · Richland

2024 margin
Solid D (+34.6) · D 66.4% · R 31.8% · Other 1.8%
2008→2024 swing
+5.7pp toward D · 2008: 28.9pp · 2024: 34.6pp
All cycles
2024: D+34.6 2020: D+38.3 2016: D+32.9 2012: D+33.3 2008: D+28.9

Not yet ingested

Civics

Market trends

HPI YoY
▼ -57.44%
Current HPI
194.8986
Rent YoY
Metro
Columbia, SC
State GDP YoY
▲ 4.51%
F500 in state
2

Industry mix (Fortune 500 HQ in SC)

Industry F500 HQs Revenue

Price history

2 events — show timeline
  • 2026-05-19 Pending Consolidated MLS
  • 2026-03-18 Listed $253,206 Consolidated MLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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