358 Finley Rd · Easley, SC 29642

$230,000

3 bd · 1.0 ba · 1,289 sqft · SingleFamily public records · 31 Days on market

Built 1964 1.00 ac lot

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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).

• Cash flow +15.9/30.0
• ARV discount +7.5/15.0
• DSCR +4.9/10.0
• Schools +3.9/10.0
• Rent growth +3.8/5.0
• Livability +3.6/5.0
• 1% rule +3.3/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Relish the quiet in the Easley countryside! 358 Finley Rd is a charming mid-century home that has been updated over the years to add modern character. A sprawling level acre lot with mature trees welcomes you with plenty of room for gardens and play equipment. The new front porch invites you to sit and visit with friends. The interior of the home will surprise you! With over 1,600 square feet, the floorplan offers sizeable living spaces and four bedrooms. .. great for families, accomodating guests, or having that Home Office you've always wanted. Ceramic tile, recessed lighting, and stylish paint begin in the Family Room and continue into the huge Dining Room. Just beyond, the Kitchen showcases dark cabinetry, a tile backsplash, a pantry, and a full set of stainless appliances that convey! Around the corner is a convenient storage or flex space. Two carpeted Bedrooms with great closets and the tiled Bath complete the main floor. Upstairs, you will be delighted by two additional Bedrooms! Watch the Carolina sunrise from the new covered Deck or simply enjoy the shade on a warm, summer day. The family handyman will appreciate the landscaping shed that stays on the property. Also, this home is in an area eligible for a USDA Rural housing loan! Come see it before it gets away!

Key facts

• Dark cabinetry
• New front porch
• Ceramic tile

Tags

• SPRAWLING LEVEL ACRE LOT
• MATURE TREES
• NEW FRONT PORCH
• CERAMIC TILE
• RECESSED LIGHTING
• DARK CABINETRY

Property features AI

Finance

• Other: Lead-based paint disclosure required; Residential property disclosure required
• HOA & community: No HOA amenities or fees

Exterior

• Parking: Driveway parking; Gravel driveway
• Utilities: Public water; Septic sewer; Electric water heater; Central forced air cooling (electric); Private garbage pickup
• Home design: Two-story residence; Built around 1964; Crawl space foundation; Approximate lot dimensions 250 x 166 x 180 x 167; About 1/2 acre lot
• Construction: Vinyl siding exterior; Composition shingle roof; Attic and outbuilding storage
• Exterior features: Front porch; Covered back porch; Level lot with some trees

Interior

• Kitchen: Dishwasher; Electric oven (self-cleaning); Refrigerator; Electric range (stand alone, smooth top); Built-in microwave
• Bedrooms: Primary bedroom on main level; Primary bedroom approx. 16 x 12; Second bedroom approx. 12 x 10; Third bedroom approx. 17 x 11; Fourth bedroom approx. 11 x 9; Two bedrooms on the main level
• Flooring: Carpet; Ceramic tile
• Bathrooms: One full bathroom (on main level)
• Heating & cooling: Heat pump
• Interior features: Disappearing attic stairs; Smooth ceilings; Smoke detector(s); Laminate countertops; Pantry (closet)
• Laundry & utility: Laundry located in the kitchen

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $230k.

Deal economics

• At list price, monthly cash flow is $111 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $191k (17.2% below list).
• Recommended offer: $191k (17.2% below list) — sets the bar for 1% rule.
• Cap rate 6.9% vs local median 4.0% in Easley — 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 71/100 on livability (#47 in SC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools D+, amenities D, commute F.
• Pickens 01 (rural): math 42% / reading 50% proficiency, ranked #21 of 80 in SC (top 26%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+5.3%/yr); 315 active listings in the ZIP; solid renter incomes; 1,440 units permitted in Pickens County in 2024 (245 in 5+ unit buildings).

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.
• Pickens County population projected at +6% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 31 days — a 3% lower offer ($223k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts; this cycle's ask has dropped $25k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $30k; list at $230k implies a 667% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• 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 $190,545 (17.2% below list)

Questions for the listing agent

1. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
2. Built in 1964 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. 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?
6. 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.
7. 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.
8. 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: 0.83% ✗
• Cap rate: 6.87%
• Cash-on-cash: 2.08%
• DSCR: 1.09
• GRM: 10.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 5.3% rent growth · sell at horizon

5-year hold

• IRR: -10.8%
• Equity multiple: 0.60×
• Total profit: $-25,752
• Equity at exit: $34,294

10-year hold

• IRR: 1.2%
• Equity multiple: 1.09×
• Total profit: $5,747
• Equity at exit: $19,886

Cash invested: $64,400 (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 29642

• Home prices YoY: -31.6%
• Rents YoY: 5.3%
• Active inventory: 315
• Price-to-rent: 10.1×

Monthly cashflow live

• Estimated rent: $1,905 medium
• Mortgage (P&I): −$1,206
• Tax from tax record: −$92 /mo · $1,102/yr
• Insurance: −$96
• HOA: −$0
• Vacancy / Maint / Mgmt: −$400
• Net cashflow: $111

Break-even live

Break-even rent $1,764

Max offer price $230,000

Occupancy floor 89%

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: $57,500
• Closing costs: $6,900
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-18
   days on market $230,000 Active 31 DOM
2. 2026-06-17
   days on market $230,000 Active 30 DOM
3. 2026-06-16
   days on market $230,000 Active 29 DOM
4. 2026-06-15
   days on market $230,000 Active 28 DOM
5. 2026-06-13
   days on market $230,000 Active 26 DOM
6. 2026-06-10
   days on market $230,000 Active 23 DOM
7. 2026-06-09
   days on market $230,000 Active 22 DOM
8. 2026-06-08
   days on market $230,000 Active 21 DOM
9. 2026-06-07
   days on market $230,000 Active 20 DOM
10. 2026-06-05
    days on market $230,000 Active 17 DOM
11. 2026-06-03
    days on market $230,000 Active 16 DOM
12. 2026-06-03
    pricedays on market $230,000 Active 15 DOM
13. 2026-06-01
    days on market $255,000 Active 14 DOM
14. 2026-05-31
    days on market $255,000 Active 13 DOM
15. 2026-05-18
    listed $255,000 Active 1295-char remark

    Show marketing remark (1295 chars)

    Relish the quiet in the Easley countryside! 358 Finley Rd is a charming mid-century home that has been updated over the years to add modern character. A sprawling level acre lot with mature trees welcomes you with plenty of room for gardens and play equipment. The new front porch invites you to sit and visit with friends. The interior of the home will surprise you! With over 1,600 square feet, the floorplan offers sizeable living spaces and four bedrooms. .. great for families, accomodating guests, or having that Home Office you've always wanted. Ceramic tile, recessed lighting, and stylish paint begin in the Family Room and continue into the huge Dining Room. Just beyond, the Kitchen showcases dark cabinetry, a tile backsplash, a pantry, and a full set of stainless appliances that convey! Around the corner is a convenient storage or flex space. Two carpeted Bedrooms with great closets and the tiled Bath complete the main floor. Upstairs, you will be delighted by two additional Bedrooms! Watch the Carolina sunrise from the new covered Deck or simply enjoy the shade on a warm, summer day. The family handyman will appreciate the landscaping shed that stays on the property. Also, this home is in an area eligible for a USDA Rural housing loan! Come see it before it gets away!

16. 2026-05-18
    listed $255,000 Active

    Show marketing remark (1295 chars)

    Relish the quiet in the Easley countryside! 358 Finley Rd is a charming mid-century home that has been updated over the years to add modern character. A sprawling level acre lot with mature trees welcomes you with plenty of room for gardens and play equipment. The new front porch invites you to sit and visit with friends. The interior of the home will surprise you! With over 1,600 square feet, the floorplan offers sizeable living spaces and four bedrooms. .. great for families, accomodating guests, or having that Home Office you've always wanted. Ceramic tile, recessed lighting, and stylish paint begin in the Family Room and continue into the huge Dining Room. Just beyond, the Kitchen showcases dark cabinetry, a tile backsplash, a pantry, and a full set of stainless appliances that convey! Around the corner is a convenient storage or flex space. Two carpeted Bedrooms with great closets and the tiled Bath complete the main floor. Upstairs, you will be delighted by two additional Bedrooms! Watch the Carolina sunrise from the new covered Deck or simply enjoy the shade on a warm, summer day. The family handyman will appreciate the landscaping shed that stays on the property. Also, this home is in an area eligible for a USDA Rural housing loan! Come see it before it gets away!

17. 2025-10-30
    historical
18. 2025-10-02
    historical Contingency Contract
19. 2025-09-28
    status Active
20. 2025-09-21
    status Pending
21. 2025-09-18
    listed $180,000 Active
22. 1989-04-27
    soldstatus $30,000

ⓘ 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: $1,102 · $92/mo
• Projected year-2 tax: $1,311 · $109/mo
• Expected delta: +$209/yr (+$17/mo · 18.9%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥105°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,865
• − Mortgage interest: −$12,884
• − Property taxes: −$1,102
• − Insurance: −$1,150
• − Repairs & maintenance: −$1,829
• − Management: −$1,829
• − Depreciation: −$6,691
• Taxable loss: −$2,620
• Est. tax savings @ 24.0%: +$629
• After-tax cash flow: $1,966/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: Pickens 01
• NCES district ID: 4503330
• Math proficiency: 42% ▼ -11.00%
• Reading proficiency: 50% ▼ -2.00%
• Median HH income: $42,534
• Composite: 38.73/100
• National rank: #4130
• State rank: #21 of 80 in SC

Livability — Easley

• Score: 71/100
• State rank: #47
• US rank: #6783

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Pickens County · 102,825 people
• City population: 69,994
• Metro: Greenville-Anderson, SC
• Population (ZIP): 36,852
• Household income: $78,221
• Rent vs Own: 17.6% rent · 82.4% own
• Severe rent burden: 915.0

Population outlook (Pickens County) Hauer SSP2

• Today (2025): 126,530 people
• By 2030: 128,780 · +1.8%
• By 2040: 132,151 · +4.4%
• By 2050: 133,800 · +5.7%
• By 2075: 137,594 · +8.7%
• By 2100: 139,784 · +10.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Black 7% Two or more races 7% Hispanic / Latino 6%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Slovak 4% Serbian 3% Italian 2%
• Foreign-born: 4% · Canada, Jamaica
• Languages at home: 95% English-only · Spanish 3% Other Indo-European 1%

Political lean MEDSL · Pickens

• 2024 margin: Solid R (+52.7) · D 23.0% · R 75.6% · Other 1.4%
• 2008→2024 swing: -6.4pp toward R · 2008: -46.2pp · 2024: -52.7pp
• All cycles: 2024: R+52.7 2020: R+50.9 2016: R+52.7 2012: R+49.0 2008: R+46.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -103.03%
• Current HPI: 222.4976
• Rent YoY: ▲ 5.30%
• 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

+750.0% since first listed

8 events — show timeline

• 2026-05-18 Listed $255,000 Greater Greenville MLS
• 2026-05-18 Listed $255,000 WUMLS
• 2025-10-30 Listing Removed — Greater Greenville MLS
• 2025-10-02 Contingent — Greater Greenville MLS
• 2025-09-28 Relisted — Greater Greenville MLS
• 2025-09-21 Pending — Greater Greenville MLS
• 2025-09-18 Listed $180,000 Greater Greenville MLS
• 1989-04-27 Sold (Public Records) $30,000 Public Records

Property tax history

+8.8%/yr

Latest (2025): $1,102 · +92.7% YoY. Source: county tax records.