107 Somerset St · Dunean, SC 29611

$179,000

3 bd · 1.0 ba · 1,118 sqft · SingleFamily public records · 25 Days on market

Built 1955 0.30 ac lot Est $187k · at est. ↓ 3% since listing

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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 +22.2/30.0
• ARV discount +9.4/15.0
• DSCR +7.1/10.0
• 1% rule +5.2/10.0
• Schools +4.2/10.0
• Livability +4.0/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Discover the epitome of comfortable living in this inviting single-story residence, perfectly situated in a highly sought-after area of Greenville County. This charming home offers a bright and welcoming atmosphere, designed for seamless living with a thoughtful open floor plan that effortlessly connects the living and dining areas. Cozy evenings await by the brick fireplace, providing a perfect spot for relaxation and entertaining guests. The heart of this home is its beautifully updated kitchen, boasting stainless steel appliances, including a refrigerator, dishwasher, and over-the-range microwave, complemented by upgraded granite countertops. A generously sized pantry ensures ample stora

Key facts

• 0.3 acre lot
• Listed 25 days

Property features AI

Exterior

• Utilities: Public sewer
• Home design: Single-story home; Vinyl siding
• Construction: Built 31–50 years ago; Crawlspace foundation
• Exterior features: Not in a subdivision; Outside city limits

Interior

• Bedrooms: 3 main-level bedrooms
• Bathrooms: 1 full bathroom; 1 main-level bathroom
• Heating & cooling: Central heating (natural gas); Central electric cooling
• Interior features: Crawl space basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $179k.

Deal economics

• At list price, monthly cash flow is $293 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $179k).
• Recommended offer: $176k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.3% vs local median 4.0% in Dunean — 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 79/100 on livability (#14 in SC, #2,248 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities C-, schools F, employment F.
• Greenville 01 (suburban): math 44% / reading 54% proficiency, ranked #10 of 80 in SC (top 12%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+1.7%/yr); 278 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 5,595 units permitted in Greenville County in 2024 (566 in 5+ unit buildings).
• This rent runs 43% of the median local income ($52k/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 $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Greenville County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 25 days — a 2% lower offer ($176k) is reasonable based on typical stale-listing flexibility.
• 15 sale attempts since 20y ago; this cycle's ask has dropped $23k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $176,315 (1.5% below list)

Questions for the listing agent

1. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.02% ✓
• Cap rate: 8.26%
• Cash-on-cash: 7.01%
• DSCR: 1.31
• GRM: 8.1

CMA / ARV

• ARV (on-the-fly): $186,706
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
107 Somerset St	0.00mi	3/1.0	1,200 (+7%)	1mo	$180,000	$150	87
19 Jamison St	0.16mi	2/2.0 (-1)	1,157 (+4%)	1mo	$249,950	$216	77
6 Goodrich St	0.38mi	2/1.0 (-1)	1,055 (-6%)	4mo	$101,000	$96	65
106 E Wilburn Ave	0.09mi	2/1.0 (-1)	1,000 (-11%)	11mo	$225,000	$225	64
1405 5th Ave	0.55mi	2/1.0 (-1)	1,152 (+3%)	8mo	$160,000	$139	58
21 Webb St	0.57mi	2/1.0 (-1)	1,109 (-1%)	12mo	$195,000	$176	57
12 Wrigley St	0.73mi	2/1.0 (-1)	1,113 (-0%)	7mo	$153,500	$138	54
805 S Texas Ave	0.60mi	3/1.0	988 (-12%)	4mo	$141,000	$143	49
23 Springfield Ave	0.75mi	3/1.0	1,225 (+10%)	2mo	$205,000	$167	48
219 Heatherly Dr	0.40mi	2/1.0 (-1)	950 (-15%)	13mo	$151,050	$159	41
105 Francis Ave	0.72mi	2/2.0 (-1)	991 (-11%)	4mo	$182,500	$184	35
212 S Texas Ave	0.73mi	2/1.0 (-1)	953 (-15%)	9mo	$185,000	$194	29

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 · 1.72% rent growth · sell at horizon

5-year hold

• IRR: -6.9%
• Equity multiple: 0.75×
• Total profit: $-12,709
• Equity at exit: $26,689

10-year hold

• IRR: 1.1%
• Equity multiple: 1.07×
• Total profit: $3,535
• Equity at exit: $15,477

Cash invested: $50,120 (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 29611

• Home prices YoY: -34.6%
• Rents YoY: 1.7%
• Active inventory: 278
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $1,833 high
• Mortgage (P&I): −$939
• Tax from tax record: −$142 /mo · $1,700/yr
• Insurance: −$75
• HOA: −$0
• Vacancy / Maint / Mgmt: −$385
• Net cashflow: $293

Break-even live

Break-even rent $1,462

Max offer price $179,000

Occupancy floor 79%

Sensitivity live

Price	-10% $394	-5% $343	+0% $293	+5% $242	+10% $191
Rent	-10% $148	-5% $220	+0% $293	+5% $365	+10% $438
Rate	-1.0pp $383	-0.5pp $338	base $293	+0.5pp $246	+1.0pp $199

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: $44,750
• Closing costs: $5,370
• Reserves months: —
• Total cash needed: —

Rent comps 28 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8 Judson Rd Greenville, SC	2.0	1.0	944	$1,200	$1.27	24d	1	0.23mi
119 Heatherly Dr Greenville, SC	2.0	1.0	896	$950	$1.06	24d	1	0.34mi
68 Allen St Greenville, SC	2.0	1.0	1156	$1,245	$1.08	13d	1	0.43mi
44 4th Ave Greenville, SC	3.0	2.0	1350	$1,975	$1.46	24d	1	0.51mi
10 10th St Greenville, SC	2.0	1.0	1152	$1,100	$0.95	4d	1	0.52mi
701 Easley Bridge Rd Greenville, SC	3.0	1.0–2.5	1324	$3,465	$2.62	3d	110	0.73mi
3 Lynhurst Dr Greenville, SC	3.0	1.5	1177	$2,500	$2.12	15d	1	0.77mi
19 Dargan St Greenville, SC	2.0	1.0	962	$1,400	$1.46	15d	1	0.79mi
298 Werts St Greenville, SC	2.0	2.0	1110	$2,000	$1.80	24d	1	0.80mi
12 Templewood Dr Greenville, SC	3.0	1.0	1200	$1,795	$1.50	24d	1	0.82mi
102 Odessa St Greenville, SC	2.0	2.0	1192	$1,900	$1.59	4d	1	0.85mi
3 Wentworth St Greenville, SC	3.0	2.0	1218	$1,700	$1.40	13d	1	0.92mi
7 Kathryan Ct Greenville, SC	3.0	1.0	1274	$1,800	$1.41	4d	1	0.92mi
29 4th St Greenville, SC	3.0	2.0	1120	$1,695	$1.51	4d	1	0.95mi
107 Virginia Ave Greenville, SC	2.0	2.5	1134	$1,699	$1.50	24d	1	1.02mi
109 Virginia Ave Greenville, SC	2.0	2.5	1134	$1,699	$1.50	24d	1	1.02mi
806 Green Ave Greenville, SC	3.0	1.0–2.0	1053	$2,300	$2.18	24d	1	1.04mi
125 Ledbetter St Unit B Greenville, SC	3.0	2.0	1270	$1,850	$1.46	4d	1	1.08mi
4 Averill St Greenville, SC	2.0	1.0	728	$1,400	$1.92	24d	1	1.11mi
4 Kilgore St Greenville, SC	2.0	1.0	1050	$1,500	$1.43	24d	1	1.12mi
401 Wilkins St Unit B Greenville, SC	2.0	2.5	1350	$2,050	$1.52	4d	1	1.15mi
7 Hamilton Ave Unit 1 Greenville, SC	3.0	3.0	1400	$3,999	$2.86	24d	1	1.29mi
15 Best Dr Greenville, SC	3.0	1.5	1020	$1,125	$1.10	20d	1	1.32mi
412 Green Ave Greenville, SC	2.0	1.0	980	$3,000	$3.06	15d	1	1.34mi
1303 Grove Rd Greenville, SC	2.0	2.0	1212	$2,800	$2.31	24d	1	1.37mi
41 Burdette St #1 Greenville, SC	3.0	2.0	1148	$1,500	$1.31	24d	1	1.40mi
19 Saco St Greenville, SC	2.0	2.0	1050	$2,400	$2.29	24d	1	1.40mi
1014 S Welcome Rd Greenville, SC	3.0	2.0	1400	$2,800	$2.00	3d	1	1.50mi

Listing history 50 events

1. 2026-05-01
   status Pending
2. 2026-04-26
   price $179,000
3. 2026-04-12
   price $195,300
4. 2026-04-08
   price $205,000
5. 2026-04-06
   listed $201,990 Active
6. 2026-01-01
   historical
7. 2025-07-26
   price $215,000
8. 2025-07-02
   price $205,000
9. 2025-06-14
   price $218,000
10. 2025-05-06
    price $212,000
11. 2025-05-02
    status Active
12. 2025-04-25
    historical
13. 2025-04-22
    price $222,000
14. 2025-03-29
    listed $225,000 Active
15. 2025-01-20
    status Pending
16. 2025-01-20
    historical
17. 2025-01-13
    listed $213,990 Active
18. 2024-12-31
    historical
19. 2024-11-18
    price $213,990
20. 2024-10-22
    price $218,611
21. 2024-10-22
    price $118,611
22. 2024-09-04
    price $220,611
23. 2024-08-22
    price $217,500
24. 2024-08-10
    price $224,500
25. 2024-08-10
    listed $227,900 Active
26. 2024-08-05
    historical
27. 2024-07-31
    price $227,900
28. 2024-07-15
    price $230,900
29. 2024-06-10
    listed $231,900 Active
30. 2024-06-08
    historical
31. 2024-05-31
    price $240,000
32. 2024-05-23
    listed $250,000 Active
33. 2022-11-22
    soldstatus $185,000 Sold
34. 2022-11-22
    soldstatus $180,000
35. 2022-11-05
    status Pending
36. 2022-10-17
    status Active
37. 2022-10-03
    status Pending
38. 2022-09-20
    historical
39. 2022-09-13
    price $190,000
40. 2022-09-13
    status Active
41. 2022-09-13
    listed $190,000 Active
42. 2022-09-12
    historical
43. 2022-09-08
    listed $205,000 Active
44. 2012-12-28
    soldstatus $21,100
45. 2012-12-14
    historical
46. 2012-11-20
    listed $22,000
47. 2007-09-25
    soldstatus $61,500
48. 2007-09-21
    soldstatus $61,500
49. 2007-08-29
    historical
50. 2007-06-23
    listed $64,900

ⓘ 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: $1,700 · $142/mo
• Projected year-2 tax: $1,700 · $142/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥102°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,992
• − Mortgage interest: −$10,027
• − Property taxes: −$1,700
• − Insurance: −$895
• − Repairs & maintenance: −$1,759
• − Management: −$1,759
• − Depreciation: −$5,207
• Taxable income: $644
• Est. tax owed @ 24.0%: −$154
• After-tax cash flow: $3,359/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: Greenville 01
• NCES district ID: 4502310
• Math proficiency: 44% ▼ -10.00%
• Reading proficiency: 54% ▼ -2.00%
• Median HH income: $49,596
• Composite: 41.88/100
• National rank: #3370
• State rank: #10 of 80 in SC

Livability — Dunean

• Score: 79/100
• State rank: #14
• US rank: #2248

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Dunean, SC
• County: Greenville County · 573,815 people
• Metro: Greenville-Anderson, SC
• Population (ZIP): 32,365
• Household income: $51,565
• Rent vs Own: 46.7% rent · 53.3% own
• Severe rent burden: 1754.0

Population outlook (Greenville County) Hauer SSP2

• Today (2025): 574,580 people
• By 2030: 615,615 · +7.1%
• By 2040: 695,373 · +21.0%
• By 2050: 769,367 · +33.9%
• By 2075: 933,296 · +62.4%
• By 2100: 1,029,196 · +79.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.70)
• Race & ethnicity: White 41% Black 29% Hispanic / Latino 22% Two or more races 12%
• Hispanic origin (detail): Mexican 12% Puerto Rican 2%
• Common ancestry: Slovak 1% Italian 1% Serbian 1%
• Foreign-born: 12% · Canada, Jamaica, China
• Languages at home: 79% English-only · Spanish 19% Russian/Polish/Slavic 1%

Political lean MEDSL · Greenville

• 2024 margin: Strong R (+22.2) · D 38.0% · R 60.2% · Other 1.8%
• 2008→2024 swing: +1.7pp toward D · 2008: -23.9pp · 2024: -22.2pp
• All cycles: 2024: R+22.2 2020: R+18.2 2016: R+24.7 2012: R+27.8 2008: R+23.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -139.58%
• Current HPI: 264.2891
• Rent YoY: ▲ 1.72%
• Metro: Greenville-Anderson, 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

-3.2% since first listed

55 events — show timeline

• 2026-05-01 Pending — WUMLS
• 2026-04-26 Price Changed $179,000 WUMLS
• 2026-04-12 Price Changed $195,300 WUMLS
• 2026-04-08 Price Changed $205,000 WUMLS
• 2026-04-06 Listed $201,990 WUMLS
• 2026-01-01 Listing Removed — Greater Greenville MLS
• 2025-07-26 Price Changed $215,000 Greater Greenville MLS
• 2025-07-02 Price Changed $205,000 Greater Greenville MLS
• 2025-06-14 Price Changed $218,000 Greater Greenville MLS
• 2025-05-06 Price Changed $212,000 Greater Greenville MLS
• 2025-05-02 Relisted — Greater Greenville MLS
• 2025-04-25 Listing Removed — Greater Greenville MLS
• 2025-04-22 Price Changed $222,000 Greater Greenville MLS
• 2025-03-29 Listed $225,000 Greater Greenville MLS
• 2025-01-20 Pending — WUMLS
• 2025-01-20 Listing Removed — WUMLS
• 2025-01-13 Listed $213,990 WUMLS
• 2024-12-31 Listing Removed — WUMLS
• 2024-11-18 Price Changed $213,990 WUMLS
• 2024-10-22 Price Changed $218,611 WUMLS
• 2024-10-22 Price Changed $118,611 WUMLS
• 2024-09-04 Price Changed $220,611 WUMLS
• 2024-08-22 Price Changed $217,500 WUMLS
• 2024-08-10 Price Changed $224,500 WUMLS
• 2024-08-10 Listed $227,900 WUMLS
• 2024-08-05 Listing Removed — WUMLS
• 2024-07-31 Price Changed $227,900 WUMLS
• 2024-07-15 Price Changed $230,900 WUMLS
• 2024-06-10 Listed $231,900 WUMLS
• 2024-06-08 Listing Removed — WUMLS
• 2024-05-31 Price Changed $240,000 WUMLS
• 2024-05-23 Listed $250,000 WUMLS
• 2022-11-22 Sold (Public Records) $180,000 Public Records
• 2022-11-22 Sold (MLS) $185,000 WUMLS
• 2022-11-05 Pending — WUMLS
• 2022-10-17 Relisted — WUMLS
• 2022-10-03 Pending — WUMLS
• 2022-09-20 Listing Removed — WUMLS
• 2022-09-13 Price Changed $190,000 WUMLS
• 2022-09-13 Relisted — WUMLS
• 2022-09-13 Listed $190,000 WUMLS
• 2022-09-12 Listing Removed — WUMLS
• 2022-09-08 Listed $205,000 WUMLS
• 2012-12-28 Sold (MLS) $21,100 Greater Greenville MLS
• 2012-12-14 Listing Removed — Greater Greenville MLS
• 2012-11-20 Listed $22,000 Greater Greenville MLS
• 2007-09-25 Sold (Public Records) $61,500 Public Records
• 2007-09-21 Sold (MLS) $61,500 Greater Greenville MLS
• 2007-08-29 Listing Removed — Greater Greenville MLS
• 2007-06-23 Listed $64,900 Greater Greenville MLS
• 2006-11-14 Listing Removed — Greater Greenville MLS
• 2006-10-06 Listed $55,000 Greater Greenville MLS
• 2006-10-01 Listing Removed — Greater Greenville MLS
• 2006-03-15 Listed $54,900 Greater Greenville MLS
• 1992-06-28 Sold (Public Records) $185,000 Public Records

Property tax history

+2.3%/yr

Latest (2025): $1,700 · -5.0% YoY. Source: county tax records.