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211 Brookside Dr Fourplex
C Composite 55.43
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 +22.5/30.0
  • ARV discount +7.5/15.0
  • DSCR +7.2/10.0
  • 1% rule +5.9/10.0
  • Schools +4.1/10.0
  • Livability +3.4/5.0
  • Rent growth +2.9/5.0
  • Condition / age +2.0/5.0
  • Appreciation +0.0/10.0

$550,000

211 Brookside Dr · Duncan, SC 29334
8 bd · 4.0 ba · 3,600 sqft · MultiFamily · 34 Days on market
Built 1988 Fair condition 0.97 ac lot

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

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 4 units. confirmed

Listing remarks MLS

AMAZING INVESTMENT OPPORTUNITY! Newly renovated quadplex. This charming 2 bedroom, 1 bathroom per unit style home is professionally managed by Blue Ridge PM. It is conveniently located minutes from I-85 in Duncan SC. Tucked back on a quiet street, the units feature stainless steel appliances and granite counter tops. Washer Dryer hook ups are in the unit conventionally tucked away in a hall closet. The kitchens are tiled, and the rest of the units features new wood floors. 211 Brookside Drive UNIT #A, Duncan, SC, 29334 - Lease: 4/5/2023- 4/30/2024 Rent: $1015 211 Brookside Drive UNIT #B, Duncan, SC, 29334 - Lease: 2/1/2024- 1/31/2025 Rent: $950 211 Brookside Drive UNIT #C, Duncan, SC, 29334 - Lease: 4/1/2023- 3/31/2024 Rent: $950 211 Brookside Drive UNIT #D, Duncan, SC, 29334 - Lease: 10/16/2023- 10/31/2024 Rent: $1020

Key facts

  • Renovated quadplex
  • New wood flooring
  • Granite countertops

Tags

RENOVATED QUADPLEXPRIME LOCATIONSTAINLESS STEEL APPLIANCESGRANITE COUNTERTOPSNEW WOOD FLOORING

Property features AI

Finance

  • Other: Total of 4 units; each unit approximately 900 square feet
  • HOA & community: No community amenities listed

Exterior

  • Parking: Parking described as 'Other' (see remarks)
  • Utilities: Public water; Septic sewer; Private garbage pickup; Water heater described as 'Other' (see remarks)
  • Home design: Two-story building; Built in 1988
  • Construction: Foundation described as 'Other' (see remarks)
  • Exterior features: Vinyl siding exterior; Composition shingle roof

Interior

  • Bedrooms: Each unit has 2 bedrooms
  • Bathrooms: Each unit has 1 full bathroom
  • Heating & cooling: Electric heating; Central forced cooling
  • Interior features: Four separate units in one building

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 × 2-bed/1.0-bath units multifamily listed at $550k. Condition is rated fair.

Deal economics

  • At list price, monthly cash flow is $922 ($11k/yr) — positive. Per door: $230/mo.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($6k rent vs $550k).
  • Recommended offer: $534k (3.0% below list) — sets the bar for market timing.
  • Cap rate 8.3% vs local median 4.8% in Duncan — 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 68/100 on livability (#78 in SC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime D+, employment D, amenities D-.
  • Spartanburg 05 (suburban): math 45% / reading 51% proficiency, ranked #13 of 80 in SC (top 16%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Duncan Elementary School of The Arts (math 30% / reading 37%, grade F, #362 of 597 statewide, top 61%, 689 students, 100% FRL) — zoned schools average 100% FRL vs 39% district-wide (61 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 34% at this address vs 48% district-wide (-14 pts) — the specific schools serving this property underperform the Spartanburg 05 average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents rising (+1.5%/yr); 144 active listings in the ZIP; solid renter incomes; 3,129 units permitted in Spartanburg County in 2024 (40 in 5+ unit buildings).
  • At $5,978/mo this rent would consume 88% of the median local household income ($81k/yr) (locally 300% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $4k of loan paydown is wiped out by about $16k of value loss. Plan a longer hold.
  • Spartanburg County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 34 days — a 3% lower offer ($534k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 3y ago 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→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $533,500 (3.0% below list)

Questions for the listing agent

  1. It's been on market 34 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
  3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
  4. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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.
  8. 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.
  9. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.09%
Cap rate
8.30%
Cash-on-cash
7.18%
DSCR
1.32
GRM
7.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.52% rent growth · sell at horizon

5-year hold
IRR
-7.0%
Equity multiple
0.75×
Total profit
$-39,103
Equity at exit
$82,007
10-year hold
IRR
0.7%
Equity multiple
1.05×
Total profit
$6,962
Equity at exit
$47,554

Cash invested: $154,000 (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 29334

Home prices YoY
-21.7%
Rents YoY
1.5%
Active inventory
144
Price-to-rent
30.7×

Monthly cashflow live

Estimated rent
$5,978 medium interval (Pro) →
Mortgage (P&I)
$2,884
Tax est. 1.5%
$688 /mo · $8,250/yr
Insurance
$229
HOA
$0
Vacancy / Maint / Mgmt
$1,255
Net cashflow
$922

Break-even live

Break-even rent $4,811
Max offer price $550,000
Occupancy floor 80%

Sensitivity live

Price -10% $1,302 -5% $1,112 +0% $922 +5% $732 +10% $542
Rent -10% $449 -5% $686 +0% $922 +5% $1,158 +10% $1,394
Rate -1.0pp $1,199 -0.5pp $1,062 base $922 +0.5pp $779 +1.0pp $634

4-unit breakdown (identical units grouped — click to expand)

UnitsBedsBathsEst. rent
Total (4 units) $5,978

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
$137,500
Closing costs
$16,500
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.

Listing history 31 events

  1. 2026-06-18
    days on market $550,000 Active 34 DOM
  2. 2026-06-17
    days on market $550,000 Active 33 DOM
  3. 2026-06-16
    days on market $550,000 Active 32 DOM
  4. 2026-06-15
    days on market $550,000 Active 31 DOM
  5. 2026-06-14
    days on market $550,000 Active 29 DOM
  6. 2026-06-13
    pricedays on market $550,000 Active 28 DOM
  7. 2026-06-10
    days on market $575,000 Active 26 DOM
  8. 2026-06-09
    days on market $575,000 Active 25 DOM
  9. 2026-06-08
    days on market $575,000 Active 24 DOM
  10. 2026-06-07
    days on market $575,000 Active 23 DOM
  11. 2026-06-02
    days on market $575,000 Active 18 DOM
  12. 2026-06-01
    days on market $575,000 Active 17 DOM
  13. 2026-05-31
    days on market $575,000 Active 16 DOM
  14. 2026-05-30
    days on market $575,000 Active 15 DOM
  15. 2026-05-15
    listed $575,000 Active
  16. 2024-05-03
    soldstatus $499,400 Sold 831-char remark
    Show marketing remark (831 chars)

    AMAZING INVESTMENT OPPORTUNITY! Newly renovated quadplex. This charming 2 bedroom, 1 bathroom per unit style home is professionally managed by Blue Ridge PM. It is conveniently located minutes from I-85 in Duncan SC. Tucked back on a quiet street, the units feature stainless steel appliances and granite counter tops. Washer Dryer hook ups are in the unit conventionally tucked away in a hall closet. The kitchens are tiled, and the rest of the units features new wood floors. 211 Brookside Drive UNIT #A, Duncan, SC, 29334 - Lease: 4/5/2023- 4/30/2024 Rent: $1015 211 Brookside Drive UNIT #B, Duncan, SC, 29334 - Lease: 2/1/2024- 1/31/2025 Rent: $950 211 Brookside Drive UNIT #C, Duncan, SC, 29334 - Lease: 4/1/2023- 3/31/2024 Rent: $950 211 Brookside Drive UNIT #D, Duncan, SC, 29334 - Lease: 10/16/2023- 10/31/2024 Rent: $1020

  17. 2024-02-16
    status Pending 831-char remark
    Show marketing remark (831 chars)

    AMAZING INVESTMENT OPPORTUNITY! Newly renovated quadplex. This charming 2 bedroom, 1 bathroom per unit style home is professionally managed by Blue Ridge PM. It is conveniently located minutes from I-85 in Duncan SC. Tucked back on a quiet street, the units feature stainless steel appliances and granite counter tops. Washer Dryer hook ups are in the unit conventionally tucked away in a hall closet. The kitchens are tiled, and the rest of the units features new wood floors. 211 Brookside Drive UNIT #A, Duncan, SC, 29334 - Lease: 4/5/2023- 4/30/2024 Rent: $1015 211 Brookside Drive UNIT #B, Duncan, SC, 29334 - Lease: 2/1/2024- 1/31/2025 Rent: $950 211 Brookside Drive UNIT #C, Duncan, SC, 29334 - Lease: 4/1/2023- 3/31/2024 Rent: $950 211 Brookside Drive UNIT #D, Duncan, SC, 29334 - Lease: 10/16/2023- 10/31/2024 Rent: $1020

  18. 2024-01-04
    price $499,400 831-char remark
    Show marketing remark (831 chars)

    AMAZING INVESTMENT OPPORTUNITY! Newly renovated quadplex. This charming 2 bedroom, 1 bathroom per unit style home is professionally managed by Blue Ridge PM. It is conveniently located minutes from I-85 in Duncan SC. Tucked back on a quiet street, the units feature stainless steel appliances and granite counter tops. Washer Dryer hook ups are in the unit conventionally tucked away in a hall closet. The kitchens are tiled, and the rest of the units features new wood floors. 211 Brookside Drive UNIT #A, Duncan, SC, 29334 - Lease: 4/5/2023- 4/30/2024 Rent: $1015 211 Brookside Drive UNIT #B, Duncan, SC, 29334 - Lease: 2/1/2024- 1/31/2025 Rent: $950 211 Brookside Drive UNIT #C, Duncan, SC, 29334 - Lease: 4/1/2023- 3/31/2024 Rent: $950 211 Brookside Drive UNIT #D, Duncan, SC, 29334 - Lease: 10/16/2023- 10/31/2024 Rent: $1020

  19. 2023-12-15
    listed $499,500 Active 831-char remark
    Show marketing remark (831 chars)

    AMAZING INVESTMENT OPPORTUNITY! Newly renovated quadplex. This charming 2 bedroom, 1 bathroom per unit style home is professionally managed by Blue Ridge PM. It is conveniently located minutes from I-85 in Duncan SC. Tucked back on a quiet street, the units feature stainless steel appliances and granite counter tops. Washer Dryer hook ups are in the unit conventionally tucked away in a hall closet. The kitchens are tiled, and the rest of the units features new wood floors. 211 Brookside Drive UNIT #A, Duncan, SC, 29334 - Lease: 4/5/2023- 4/30/2024 Rent: $1015 211 Brookside Drive UNIT #B, Duncan, SC, 29334 - Lease: 2/1/2024- 1/31/2025 Rent: $950 211 Brookside Drive UNIT #C, Duncan, SC, 29334 - Lease: 4/1/2023- 3/31/2024 Rent: $950 211 Brookside Drive UNIT #D, Duncan, SC, 29334 - Lease: 10/16/2023- 10/31/2024 Rent: $1020

  20. 2023-12-07
    historical
  21. 2023-10-20
    listed $499,500 Active
  22. 2023-10-20
    historical
  23. 2023-10-06
    price $499,500
  24. 2023-09-19
    price $509,000
  25. 2023-08-26
    price $519,000
  26. 2023-08-11
    price $535,900
  27. 2023-08-05
    price $536,000
  28. 2023-07-08
    price $545,000
  29. 2023-06-20
    status Active
  30. 2023-06-13
    historical
  31. 2023-06-08
    listed $555,000 Active

ⓘ 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 2/10 Low
  • 🌡 Heat 6/10 Major 7 d/yr ≥104°F today · 16 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 · 5 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$71,736
− Mortgage interest
−$30,809
− Property taxes
−$8,250
− Insurance
−$2,750
− Repairs & maintenance
−$5,739
− Management
−$5,739
− Depreciation
−$16,000
Taxable income
$2,450
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$588
After-tax cash flow
$10,472/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

Fair 40/100 Moderate rehab

This quadplex requires moderate renovations to improve its condition and increase its value. Key areas for improvement include the kitchen, bathrooms, exterior, and windows.

Repairs flagged

  • Major Kitchen appliances — Outdated and in need of replacement
  • Major Bathroom fixtures — Outdated and in need of replacement
  • Major Exterior siding — Weathered and in need of repainting
  • Moderate Windows — Not recently replaced and may need sealing

Value-add opportunities

  • Both Replace kitchen appliances and fixtures — Modernizing the kitchen will appeal to both buyers and renters
  • Both Paint interior and exterior — Fresh paint will improve curb appeal and interior aesthetics
  • Both Replace windows — New windows will improve energy efficiency and curb appeal

Renovation cost estimate screening

Repair itemSeverityEst. cost
Kitchen appliances · Outdated and in need of replacement Major $15,000–50,000
Bathroom fixtures · Outdated and in need of replacement Major $15,000–50,000
Exterior siding · Weathered and in need of repainting Major $15,000–50,000
Windows · Not recently replaced and may need sealing Moderate $3,000–15,000
Total estimated repair cost · 4 items $48,000–165,000

Value-add ROI direction

  • Both Replace kitchen appliances and fixtures — Modernizing the kitchen will appeal to both buyers and renters
  • Both Paint interior and exterior — Fresh paint will improve curb appeal and interior aesthetics
  • Both Replace windows — New windows will improve energy efficiency and curb appeal

ⓘ 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
Spartanburg 05
NCES district ID
4503600
Math proficiency
45% ▼ -11.00%
Reading proficiency
51% ▬ 0.00%
Median HH income
$52,127
Composite
41.31/100
National rank
#3512
State rank
#13 of 80 in SC

Livability — Duncan

Score
68/100
State rank
#78
US rank
#9099

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Spartanburg County · 258,607 people
City population
18,575
Metro
Spartanburg, SC
Population (ZIP)
18,575
Household income
$81,413
Rent vs Own
24.7% rent · 75.3% own
Severe rent burden
300.0

Population outlook (Spartanburg County) Hauer SSP2

Today (2025)
325,495 people
By 2030
338,800 · +4.1%
By 2040
363,471 · +11.7%
By 2050
384,156 · +18.0%
By 2075
430,137 · +32.1%
By 2100
442,733 · +36.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Majority White (64%)
Race & ethnicity
White 64% Black 22% Hispanic / Latino 9% Two or more races 7% Asian 2%
Hispanic origin (detail)
Mexican 6% Cuban 1%
Common ancestry
Lithuanian 2% Serbian 1% Italian 1%
Foreign-born
9% · Canada, Jamaica
Languages at home
90% English-only · Spanish 4% Other Indo-European 2% Russian/Polish/Slavic 1%

Political lean MEDSL · Spartanburg

2024 margin
Solid R (+33.6) · D 32.6% · R 66.2% · Other 1.2%
2008→2024 swing
-12.0pp toward R · 2008: -21.6pp · 2024: -33.6pp
All cycles
2024: R+33.6 2020: R+27.3 2016: R+30.0 2012: R+23.1 2008: R+21.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -63.74%
Current HPI
230.2483
Rent YoY
▲ 1.52%
Metro
Spartanburg, SC
State GDP YoY
▲ 4.51%
F500 in state
2

Industry mix (Fortune 500 HQ in SC)

Industry F500 HQs Revenue

Price history

+3.6% since first listed
17 events — show timeline
  • 2026-05-15 Listed $575,000 Greater Greenville MLS
  • 2024-05-03 Sold (MLS) $499,400 Greater Greenville MLS
  • 2024-02-16 Pending Greater Greenville MLS
  • 2024-01-04 Price Changed $499,400 Greater Greenville MLS
  • 2023-12-15 Listed $499,500 Greater Greenville MLS
  • 2023-12-07 Listing Removed Greater Greenville MLS
  • 2023-10-20 Listing Removed Greater Greenville MLS
  • 2023-10-20 Listed $499,500 Greater Greenville MLS
  • 2023-10-06 Price Changed $499,500 Greater Greenville MLS
  • 2023-09-19 Price Changed $509,000 Greater Greenville MLS
  • 2023-08-26 Price Changed $519,000 Greater Greenville MLS
  • 2023-08-11 Price Changed $535,900 Greater Greenville MLS
  • 2023-08-05 Price Changed $536,000 Greater Greenville MLS
  • 2023-07-08 Price Changed $545,000 Greater Greenville MLS
  • 2023-06-20 Relisted Greater Greenville MLS
  • 2023-06-13 Listing Removed Greater Greenville MLS
  • 2023-06-08 Listed $555,000 Greater Greenville MLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…