758 Interval Xiii (13) Parker Dr · Litchfield Beach, SC 29585

$145,000

6 bd · 6.5 ba · 3,268 sqft · SingleFamily · 56 Days on market

Built 2000 Good condition $500/mo HOA · 15% of rent

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Why this score? — see what drove the B- 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Condition / age +3.8/5.0
• Schools +2.7/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Interval Ownership opportunity. Welcome to 758 Parker Drive in beautiful and highly coveted North Litchfield Beach. Experience coastal living at its finest with this exceptional 4-week interval ownership opportunity. Situated on the 2nd row just steps from the beach, enjoy the spacious and luxurious 6-bed, 6.5 bath home for a week in each season. The inverted floorplan offers plenty of space for relaxing and entertaining with ocean breezes from wide porches. Each private bedroom contains an en-suite bathroom, ensuring comfort for all guests. Enjoy beach days year-round with cozy nights by the fire in the cooler months all without the hassle of full-time ownership. The home owns its own golf

Key facts

• Parking
• Built 2000
• Listed 56 days

Property features AI

Finance

• Other: For sale
• HOA & community: Homeowners association with a $500 monthly fee; Elevator in the building

Exterior

• Parking: Covered parking
• Utilities: Cable available; Electricity available; Phone available; Sewer available; Public water
• Home design: Resale property
• Construction: HardiPlank-type siding; Raised foundation
• Exterior features: Located in a flood zone

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Range hood; Refrigerator; Breakfast bar; Stainless steel appliances; Kitchen exhaust fan
• Flooring: Carpet; Tile; Wood
• Bathrooms: 6 full bathrooms; 1 half bathroom
• Heating & cooling: Central air conditioning; Electric heating
• Interior features: Furnished; Tray ceilings; Ceiling fans; Fireplace; Breakfast bar; Stainless steel appliances
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 6-bed/6.5-bath single-family listed at $145k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $697 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $145k).
• Recommended offer: $141k (3.0% below list) — sets the bar for market timing.
• Cap rate 15.6% vs local median 1.8% in Litchfield Beach — 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: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Georgetown 01 (town): math 26% / reading 38% proficiency, ranked #51 of 80 in SC (top 64%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Waccamaw Elementary (math 67% / reading 62%, grade B, #56 of 597 statewide, top 10%, 519 students, 100% FRL); Waccamaw Intermediate (math 53% / reading 56%, grade B-, #24 of 229 statewide, top 11%, 420 students, 43% FRL); Waccamaw High (math 42% / reading 93%, grade B, #72 of 196 statewide, top 36%, 858 students, 35% FRL) — zoned schools at 59% FRL track the district average.
• Zoned-school proficiency averages 62% at this address vs 32% district-wide (+30 pts) — the actual schools serving this property are materially stronger than the Georgetown 01 average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: 398 active listings in the ZIP; 323 units permitted in Georgetown County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $41k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 56 days — a 3% lower offer ($141k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $140,650 (3.0% below list)

Questions for the listing agent

1. It's been on market 56 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. 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.
6. 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.
7. 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: 2.29% ✓
• Cap rate: 15.59%
• Cash-on-cash: 33.21%
• DSCR: 2.48
• GRM: 3.6

CMA / ARV

• ARV (on-the-fly): $980,400
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
758 Parker Dr	0.74mi	6/6.5	3,268 (0%)	11mo	$145,000	$44	57
69 Belvedere Ln	0.67mi	6/6.5	3,558 (+9%)	2mo	$1,850,000	$520	53
166 Cayman Loop	0.43mi	5/3.5 (-1)	3,502 (+7%)	4mo	$1,050,000	$300	48
308 Lot 2 Heron Marsh Dr	0.50mi	5/4.5 (-1)	3,066 (-6%)	10mo	$2,500,000	$815	46
60 Sea View Loop	0.70mi	5/5.0 (-1)	3,514 (+8%)	18mo	$165,000	$47	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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 13.2%
• Equity multiple: 1.53×
• Total profit: $21,510
• Equity at exit: $21,620

10-year hold

• IRR: 22.3%
• Equity multiple: 2.93×
• Total profit: $78,402
• Equity at exit: $12,537

Cash invested: $40,600 (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 29585

• Home prices YoY: -29.0%
• Active inventory: 398
• Price-to-rent: 3.6×

Monthly cashflow live

• Estimated rent: $3,323 medium
• Mortgage (P&I): −$760
• Tax est. 1.5%: −$181 /mo · $2,175/yr
• Insurance: −$60
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$500
• Vacancy / Maint / Mgmt: −$698
• Net cashflow: $697

Break-even live

Break-even rent $2,441

Max offer price $145,000

Occupancy floor 74%

Sensitivity live

Price	-10% $797	-5% $747	+0% $697	+5% $647	+10% $597
Rent	-10% $434	-5% $566	+0% $697	+5% $828	+10% $959
Rate	-1.0pp $770	-0.5pp $734	base $697	+0.5pp $659	+1.0pp $621

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $500 · $6,000/yr

Listing history 8 events

1. 2026-06-07
   statusdays on market $145,000 Pending 56 DOM
2. 2026-06-03
   days on market $145,000 Active Under Contract 54 DOM
3. 2026-06-02
   days on market $145,000 Active Under Contract 53 DOM
4. 2026-06-01
   days on market $145,000 Active Under Contract 52 DOM
5. 2026-05-31
   days on market $145,000 Active Under Contract 51 DOM
6. 2026-05-30
   days on market $145,000 Active Under Contract 50 DOM
7. 2026-04-27
   historical Active Under Contract
8. 2026-04-10
   listed $145,000 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 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥106°F today · 17 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $39,881
• − Mortgage interest: −$8,122
• − Property taxes: −$2,175
• − Insurance: −$5,844
• − Repairs & maintenance: −$3,190
• − Management: −$3,190
• − HOA: −$6,000
• − Depreciation: −$4,218
• Taxable income: $7,141
• Est. tax owed @ 24.0%: −$1,714
• After-tax cash flow: $6,649/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 · 13 photos

Good 75/100 Cosmetic rehab

This beachfront home offers a good condition with a good condition score of 75. It is in a cosmetic rehab level and requires minor maintenance and cosmetic updates to enhance its curb appeal and value.

Value-add opportunities

• Both Paint exterior siding — Enhances curb appeal and value
• Both Trim landscaping — Improves curb appeal and enhances property value

Renovation cost estimate screening

Value-add ROI direction

• Both Paint exterior siding — Enhances curb appeal and value ↑
• Both Trim landscaping — Improves curb appeal and enhances property value ↑

ⓘ 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: Georgetown 01
• NCES district ID: 4502280
• Math proficiency: 26% ▼ -11.00%
• Reading proficiency: 38% ▼ -5.00%
• Median HH income: $43,045
• Composite: 27.15/100
• National rank: #7030
• State rank: #51 of 80 in SC

Livability — Litchfield Beach

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Litchfield Beach, SC
• Population (ZIP): 17,346

Population outlook (Georgetown County) Hauer SSP2

• Today (2025): 63,275 people
• By 2030: 63,630 · +0.6%
• By 2040: 63,130 · -0.2%
• By 2050: 61,904 · -2.2%
• By 2075: 59,305 · -6.3%
• By 2100: 53,852 · -14.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Black 7% Two or more races 4% Hispanic / Latino 3%
• Common ancestry: Slovak 4% Romanian 3% Italian 3%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · Spanish 1%

Political lean MEDSL · Georgetown

• 2024 margin: R (+19.5) · D 39.6% · R 59.1% · Other 1.2%
• 2008→2024 swing: -14.2pp toward R · 2008: -5.2pp · 2024: -19.5pp
• All cycles: 2024: R+19.5 2020: R+12.7 2016: R+13.0 2012: R+7.6 2008: R+5.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -86.24%
• Current HPI: 211.3537
• Rent YoY: —
• Metro: —
• 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

2 events — show timeline

• 2026-04-27 Contingent — CCAR
• 2026-04-10 Listed $145,000 CCAR