320 Tartan Rd · Hopkins, SC 29209

$224,000

3 bd · 2.5 ba · 1,476 sqft · SingleFamily · 206 Days on market

Built 2025 4,356 sqft lot Est $241k · 7% under $44/mo HOA · 2% of rent ↓ 7% 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).

• Cash flow +12.5/30.0
• ARV discount +10.6/15.0
• 1% rule +3.8/10.0
• DSCR +3.7/10.0
• Rent growth +3.0/5.0
• Livability +3.0/5.0
• Schools +2.6/10.0
• 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. ! This Dillon floorplan, is a two-story, three-bedroom, two-and-one-half-bathroom home that blends modern design with everyday comfort. Step through the front door into a bright, open-concept great room, eat-in area, and kitchen featuring crisp white cabinets, beautiful Luna Pearl countertops, and a gas stove ideal for both cooking and entertaining. A convenient powder room is tucked away just off the garage entry. Upstairs, the primary suite includes a spacious walk-in closet and a private bathroom complete with a tile shower, water closet, and linen closet. The laundry closet is conveniently located just

Key facts

• Walk-in closet
• Gas stove
• Private bathroom

Tags

• OPEN CONCEPT GREAT ROOM
• LUNA PEARL COUNTERTOPS
• GAS STOVE
• WALK-IN CLOSET
• PRIVATE BATHROOM
• TILE SHOWER

Property features AI

Finance

• HOA & community: Homeowners association present; Association maintains common areas, sidewalks, and street lights

Exterior

• Parking: Attached garage on main level (1 garage space); Two total parking spaces
• Utilities: Public water; Public sewer
• Home design: Two-story residence
• Construction: Slab foundation
• Exterior features: Automatic sprinkler system; Covered front porch; Uncovered back porch; Vinyl exterior finish; Paved road access

Interior

• Kitchen: Eat-in kitchen with pantry; Quartz countertops; Dishwasher; Garbage disposal; Microwave above the stove; Free-standing gas range
• Bedrooms: Master bedroom on second floor with double vanity, garden tub, separate shower, walk-in closet, and ceiling fan; Second bedroom on second floor with private closet; Third bedroom on second floor with private closet
• Flooring: Luxury vinyl plank flooring in living room and formal dining room
• Bathrooms: Two full bathrooms; One half bathroom; Two additional full secondary bathrooms
• Heating & cooling: Central cooling; Central heating with gas on first and second levels
• Interior features: Smoke detector; Pull-down attic access; Gas fireplace with natural gas logs (1)
• Laundry & utility: Washer/Dryer located on second floor; Tankless hot water heater; Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $224k.

Deal economics

• At list price, monthly cash flow is $-32 ($-390/yr) — negative.
• To cash-flow at today's rent, offer at most $219k (2.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $197k (11.9% below list).
• Recommended offer: $197k (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: Rents rising (+2.1%/yr); 295 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 14d 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 40% of the median local income ($59k/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 206 days — a 12% lower offer ($197k) is reasonable based on typical stale-listing flexibility.

Recommended offer $197,120 (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 206 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: 0.88% ✗
• Cap rate: 6.12%
• Cash-on-cash: -0.62%
• DSCR: 0.97
• GRM: 9.5

CMA / ARV

• ARV (on-the-fly): $240,588
• 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	0.63mi	3/2.5	1,404 (-5%)	18mo	$228,900	$163	47

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 · 2.08% rent growth · sell at horizon

5-year hold

• IRR: -18.4%
• Equity multiple: 0.36×
• Total profit: $-40,119
• Equity at exit: $33,399

10-year hold

• IRR: -12.6%
• Equity multiple: 0.29×
• Total profit: $-44,660
• Equity at exit: $19,367

Cash invested: $62,720 (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 29209

• Rents YoY: 2.1%
• Active inventory: 295
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $1,974 medium
• Mortgage (P&I): −$1,175
• Tax est. 1.5%: −$280 /mo · $3,360/yr
• Insurance: −$93
• HOA: −$44
• Vacancy / Maint / Mgmt: −$415
• Net cashflow: $-32

Break-even live

Break-even rent $2,015

Max offer price $219,303

Occupancy floor 97%

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: $56,000
• Closing costs: $6,720
• 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	23d	1	1.02mi
455 Hunters Crossing Dr Hopkins, SC	3.0	2.0	1381	$1,699	$1.23	14d	1	1.10mi
1049 Crescent Moon Loop Hopkins, SC	3.0	2.5	1650	$2,100	$1.27	14d	1	1.20mi

HOA detail

• Monthly dues: $44 · $528/yr
• Likely covers: watergas

Listing history 8 events

1. 2026-05-17
   status Pending
2. 2026-03-13
   price $224,000
3. 2026-01-30
   price $224,990
4. 2026-01-16
   price $225,000
5. 2025-12-13
   price $235,000
6. 2025-12-07
   price $244,931
7. 2025-10-25
   price $248,351
8. 2025-10-23
   listed $240,411 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: $23,689
• − Mortgage interest: −$12,547
• − Property taxes: −$3,360
• − Insurance: −$1,120
• − Repairs & maintenance: −$1,895
• − Management: −$1,895
• − HOA: −$528
• − Depreciation: −$6,516
• Taxable loss: −$4,173
• Est. tax savings @ 24.0%: +$1,001
• After-tax cash flow: $612/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): 38,041
• Household income: $58,772
• Rent vs Own: 41.3% rent · 58.7% own
• Severe rent burden: 1716.0

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: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: Black 48% White 39% Two or more races 6% Hispanic / Latino 6% Asian 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Slovak 2% Serbian 2% Italian 1%
• Foreign-born: 6% · Canada, Jamaica
• Languages at home: 93% English-only · Spanish 3% Arabic 1% Other Indo-European 1%

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: ▼ -142.10%
• Current HPI: 205.5679
• Rent YoY: ▲ 2.08%
• 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

-6.8% since first listed

8 events — show timeline

• 2026-05-17 Pending — Consolidated MLS
• 2026-03-13 Price Changed $224,000 Consolidated MLS
• 2026-01-30 Price Changed $224,990 Consolidated MLS
• 2026-01-16 Price Changed $225,000 Consolidated MLS
• 2025-12-13 Price Changed $235,000 Consolidated MLS
• 2025-12-07 Price Changed $244,931 Consolidated MLS
• 2025-10-25 Price Changed $248,351 Consolidated MLS
• 2025-10-23 Listed $240,411 Consolidated MLS