310 Tartan Rd · Hopkins, SC 29061

$222,000

2 bd · 2.5 ba · 1,640 sqft · SingleFamily · 194 Days on market

Built 2025 4,356 sqft lot Est $267k · 17% under $44/mo HOA · 2% of rent ↓ 11% since listing

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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).

• ARV discount +15.0/15.0
• Cash flow +12.7/30.0
• 1% rule +3.9/10.0
• DSCR +3.8/10.0
• Livability +3.0/5.0
• Schools +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

* $11,500 in options or $15,000 in closing cost with Silverton Mortgage and MGC Law. Close to I-77. The Dillon! This dual primary home has an open concept layout and is a must see! Luxury vinyl plank flooring runs throughout the common area spaces on the first floor. The kitchen has granite countertops, and stainless steel appliances. Upstairs, both primary suites have ample closet space! This unique home awaits you, schedule your tour today! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

Key facts

• Ample closet space
• Granite countertops
• Open concept layout

Tags

• OPEN CONCEPT LAYOUT
• LUXURY VINYL PLANK FLOORING
• GRANITE COUNTERTOPS
• STAINLESS STEEL APPLIANCES
• AMPLE CLOSET SPACE

Property features AI

Finance

• HOA & community: Property is part of an association; Association maintains common areas, sidewalks, and street lights

Exterior

• Parking: Attached garage (main level); Two parking spaces total, including one garage space
• Utilities: Public water; Public sewer
• Home design: Two-story residence; Lot located in a small subdivision (Lot #4, approximately 0.1 acres)
• Construction: Slab foundation
• Exterior features: Sprinkler system; Covered front porch; Uncovered back porch; Stone and vinyl exterior finish; Paved road access

Interior

• Kitchen: Eat-in kitchen with pantry and quartz countertops; Dishwasher; Disposal; Microwave above stove; Free-standing gas range
• Bedrooms: Master bedroom (second level) with double vanity, separate shower, and walk-in closet; Bedroom 2 (second level) with private bath, separate shower, and private closet
• Flooring: Luxury vinyl plank flooring in living room and formal dining room
• Bathrooms: Two full baths; One half bath; Two additional full baths
• Heating & cooling: Central cooling; Central heating with gas heating on first and second levels
• Interior features: Smoke detector; Attic with pull-down access; Ceiling fan in living room; Luxury vinyl plank flooring in living room and formal dining room
• Laundry & utility: Washer/Dryer area on second level; Tankless water heater; Gas water heater

What this means for you Summary

Snapshot

• This is a 2-bed/2.5-bath single-family listed at $222k.

Deal economics

• At list price, monthly cash flow is $-25 ($-304/yr) — negative.
• To cash-flow at today's rent, offer at most $218k (1.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $197k (11.5% below list).
• Recommended offer: $195k (12.0% below list) — sets the bar for market timing.

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: 335 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 15d 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 39% 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 $7k 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 194 days — a 12% lower offer ($195k) is reasonable based on typical stale-listing flexibility.

Recommended offer $195,360 (12.0% 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 194 days. Have you received any prior offers? Is the seller open to a 12% 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: 6.16%
• Cash-on-cash: -0.49%
• DSCR: 0.98
• GRM: 9.4

CMA / ARV

• ARV (on-the-fly): $267,320
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
972 Harvest Valley Ln	0.62mi	3/2.5 (+1)	1,404 (-14%)	18mo	$228,900	$163	27

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: -17.1%
• Equity multiple: 0.40×
• Total profit: $-37,530
• Equity at exit: $33,101

10-year hold

• IRR: -8.9%
• Equity multiple: 0.44×
• Total profit: $-34,527
• Equity at exit: $19,195

Cash invested: $62,160 (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 29061

• Home prices YoY: -22.8%
• Active inventory: 335
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $1,966 medium
• Mortgage (P&I): −$1,164
• Tax est. 1.5%: −$278 /mo · $3,330/yr
• Insurance: −$92
• HOA: −$44
• Vacancy / Maint / Mgmt: −$413
• Net cashflow: $-25

Break-even live

Break-even rent $1,998

Max offer price $218,335

Occupancy floor 96%

Sensitivity live

Price	-10% $128	-5% $51	+0% $-25	+5% $-102	+10% $-179
Rent	-10% $-181	-5% $-103	+0% $-25	+5% $52	+10% $130
Rate	-1.0pp $86	-0.5pp $31	base $-25	+0.5pp $-83	+1.0pp $-141

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: $55,500
• Closing costs: $6,660
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
345 Bevington Brook Ln Hopkins, SC	3.0	2.0	1475	$2,195	$1.49	24d	1	1.02mi
455 Hunters Crossing Dr Hopkins, SC	3.0	2.0	1381	$1,699	$1.23	15d	1	1.10mi
1049 Crescent Moon Loop Hopkins, SC	3.0	2.5	1650	$2,100	$1.27	15d	1	1.20mi

HOA detail

• Monthly dues: $44 · $528/yr

Listing history 9 events

1. 2026-05-05
   status Pending
2. 2026-04-24
   price $222,000
3. 2026-02-20
   price $224,000
4. 2026-01-30
   price $224,780
5. 2026-01-16
   price $225,000
6. 2025-12-13
   price $235,000
7. 2025-12-06
   price $248,935
8. 2025-10-25
   price $248,839
9. 2025-10-23
   listed $248,838 Active

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

Taxation est. · year 1

• Rental income: $23,588
• − Mortgage interest: −$12,435
• − Property taxes: −$3,330
• − Insurance: −$1,110
• − Repairs & maintenance: −$1,887
• − Management: −$1,887
• − HOA: −$528
• − Depreciation: −$6,458
• Taxable loss: −$4,048
• Est. tax savings @ 24.0%: +$971
• After-tax cash flow: $668/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: 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
▸Packaging	1	$7B

Price history

-10.8% since first listed

9 events — show timeline

• 2026-05-05 Pending — Consolidated MLS
• 2026-04-24 Price Changed $222,000 Consolidated MLS
• 2026-02-20 Price Changed $224,000 Consolidated MLS
• 2026-01-30 Price Changed $224,780 Consolidated MLS
• 2026-01-16 Price Changed $225,000 Consolidated MLS
• 2025-12-13 Price Changed $235,000 Consolidated MLS
• 2025-12-06 Price Changed $248,935 Consolidated MLS
• 2025-10-25 Price Changed $248,839 Consolidated MLS
• 2025-10-23 Listed $248,838 Consolidated MLS