CashFlowRE
Sign in Sign up
610 Bonifay Dr
D- Composite 36.12
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 +8.1/15.0
  • Cash flow +7.6/30.0
  • Condition / age +4.8/5.0
  • Livability +4.1/5.0
  • Schools +3.8/10.0
  • Rent growth +3.6/5.0
  • 1% rule +2.4/10.0
  • DSCR +1.7/10.0
  • Appreciation +0.0/10.0

$323,900

610 Bonifay Dr · Fountain Inn, SC 29644
4 bd · 2.5 ba · 1,991 sqft · SingleFamily · 133 Days on market
Built 2026 Excellent condition 7,405 sqft lot 2-car garage $163/sqft · at area comps Est $328k · at est. $54/mo HOA · 2% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Check out 610 Bonifay Drive, a beautiful new home in our Durbin Meadows community. This spacious two-story home features four bedrooms, two and a half bathrooms, a flex room, and a two-car garage, perfect for those seeking room to grow. Upon entering, you'll be welcomed by a charming foyer that leads into the heart of the home. The open-concept layout seamlessly connects the family room, dining area, and kitchen, creating a bright and inviting space for everyday living and entertaining. The kitchen is designed with modern appliances, large countertops, and a pantry, providing both style and function. Additionally, a versatile flex space on the first floor can be customized to suit your needs-whether as a home office, craft room, or playroom. Upstairs, the spacious primary suite Features a relaxing retreat with an en suite bathroom featuring dual vanities and a large walk-in closet. The three additional bedrooms are thoughtfully located to provide privacy and comfort, while the convenient laundry room completes the second floor. Outside, you'll enjoy a front porch and an outdoor patio, perfect for hosting gatherings or simply relaxing in the fresh air. With its thoughtful design, spacious layout, and modern features, this home is the ideal place to call home. Pictures are representative.

Key facts

  • Large countertops
  • Dual vanities
  • Modern appliances

Tags

OPEN-CONCEPT LAYOUTMODERN APPLIANCESLARGE COUNTERTOPSVERSATILE STUDYEN-SUITE BATHROOMDUAL VANITIES

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 4-bed/2.5-bath single-family listed at $324k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $-388 ($-5k/yr) — negative.
  • To cash-flow at today's rent, offer at most $268k (17.3% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $241k (25.6% below list).
  • Recommended offer: $241k (25.6% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 82/100 on livability (#4 in SC, #1,162 nationally) — a professional / high-income tenant draw. Strengths: crime A+, cost of living A+, housing A+; Watch: commute 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.
  • Zoned schools: Fountain Inn Elementary (math 48% / reading 47%, grade D, #199 of 597 statewide, top 35%, 835 students, 100% FRL) — zoned schools average 100% FRL vs 42% district-wide (58 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents rising fast (+4.5%/yr); 649 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); 621 units permitted in Laurens County in 2024 (0 in 5+ unit buildings).
  • This rent runs 41% of the median local income ($70k/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 $10k of value loss. Plan a longer hold.
  • Laurens County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

  • It's been on market 133 days — a 12% lower offer ($285k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Recommended offer $241,109 (25.6% 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 133 days. Have you received any prior offers? Is the seller open to a 26% 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. 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?
  7. 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.
  8. 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.
  9. 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
0.74%
Cap rate
4.86%
Cash-on-cash
-5.13%
DSCR
0.77
GRM
11.2

CMA / ARV

ARV (median comp)
$328,365
List price
$323,900
Delta
-1.36%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
614 Bonifay Dr 0.00mi 4/2.5 2,175 (+9%) 0mo $336,900 $155 84
621 Bonifay Dr 0.08mi 4/2.5 2,175 (+9%) 0mo $329,900 $152 81
609 Bonifay Dr 0.08mi 4/2.5 2,175 (+9%) 0mo $327,900 $151 81
222 Deskin Ln 0.29mi 4/2.5 1,927 (-3%) 1mo $311,900 $162 80
215 Deskin Ln 0.32mi 4/2.5 1,927 (-3%) 1mo $301,900 $157 79
305 Bonifay Dr 0.04mi 4/2.0 1,764 (-11%) 1mo $314,999 $179 76
611 Bonifay Dr 0.08mi 4/2.0 1,764 (-11%) 1mo $323,900 $184 74
242 Deskin Ln 0.23mi 4/2.5 2,174 (+9%) 1mo $320,000 $147 73
102 Brook Run Dr Unit BWD 109 Crane VE C 0.53mi 4/2.5 1,955 (-2%) 1mo $289,999 $148 71
218 Deskin Ln 0.30mi 4/2.5 2,174 (+9%) 0mo $307,500 $141 70
401 Boxbury Way 0.49mi 4/2.0 1,764 (-11%) 1mo $325,900 $185 55
110 Thermal Ct 0.49mi 5/3.0 (+1) 2,241 (+13%) 1mo $335,000 $149 49

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 · 4.55% rent growth · sell at horizon

5-year hold
IRR
-23.2%
Equity multiple
0.19×
Total profit
$-73,287
Equity at exit
$48,295
10-year hold
IRR
-14.2%
Equity multiple
0.13×
Total profit
$-79,154
Equity at exit
$28,005

Cash invested: $90,692 (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.
Balanced market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
42 active · 73 under contract
Months of supply
3.0 mo (34%/mo absorbed)
Median asking
$317,995 ($168/sqft)
Median days on market
95 d
This list price
60% of active listings are priced below it
ARV vs active asking
-1.6% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 29644

Home prices YoY
-28.6%
Rents YoY
4.5%
Active inventory
649
Price-to-rent
11.2×

Monthly cashflow live

Estimated rent
$2,411 high interval (Pro) →
Mortgage (P&I)
$1,699
Tax est. 1.5%
$405 /mo · $4,858/yr
Insurance
$135
HOA
$54
Vacancy / Maint / Mgmt
$506
Net cashflow
$-388

Break-even live

Break-even rent $2,902
Max offer price $267,808
Occupancy floor

Sensitivity live

Price -10% $-164 -5% $-276 +0% $-388 +5% $-500 +10% $-611
Rent -10% $-578 -5% $-483 +0% $-388 +5% $-292 +10% $-197
Rate -1.0pp $-225 -0.5pp $-305 base $-388 +0.5pp $-472 +1.0pp $-557

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
$80,975
Closing costs
$9,717
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 8 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
517 Bonifay Dr Fountain Inn, SC 5.0 3.0 2511 $2,400 $0.96 7d 1 0.20mi
225 Deskin Ln Fountain Inn, SC 4.0 2.5 2225 $2,300 $1.03 5d 1 0.31mi
215 Deskin Ln Fountain Inn, SC 4.0 3.0 1974 $2,150 $1.09 0d 1 0.34mi
108 Yearling Dr Fountain Inn, SC 3.0 2.0 1950 $2,300 $1.18 0d 1 0.52mi
106 Martingale Cir Fountain Inn, SC 3.0 2.5 1400 $1,725 $1.23 0d 1 0.63mi
201 Chapman Rd Fountain Inn, SC 2.0–3.0 2.0 1236 $1,074 $0.87 0d 1 1.20mi
401 Ariel Ct Fountain Inn, SC 3.0 2.0 1600 $1,850 $1.16 9d 1 1.39mi
3 Lawrence Ward Ct Fountain Inn, SC 3.0 2.0 1399 $1,850 $1.32 88d 1 1.46mi

Property features AI

Finance

Other
Community features include lights and recreation facilities
HOA & community
Homeowners association presentHOA amenities include pool, clubhouse, playground, walking trails, neighborhood lake/pond, common areas, street lights, and restrictive covenants/by-laws

Exterior

Parking
Attached 2-car garage with door openerPaved concrete driveway
Utilities
Public waterPublic sewerGas tankless water heaterPrivate garbage pickup
Home design
Two-story single-family homeModel: Belhaven DUnder construction (approximate completion August 2026)
Construction
Built by D.R. Horton (approx. 2026)Vinyl siding exteriorArchitectural roofSlab foundationAttic and garage storage
Exterior features
PatioFront porchTilt-out windowsVinyl/aluminum trimThermal windows

Interior

Kitchen
DishwasherGarbage disposalGas range (stand-alone)Self-cleaning ovenBuilt-in microwave
Bedrooms
Primary bedroom on 2nd level with double sink, shower, full bath and walk-in closetBedroom sizes: Primary 19 x 14; 2nd 11 x 12; 3rd 10 x 11; 4th 12 x 10
Flooring
CarpetLaminate flooringVinyl
Bathrooms
Two full baths and one half bath
Heating & cooling
Forced air heating (natural gas) with damper controlCentral electric cooling with damper control
Interior features
Attic stairs (disappearing)Cable available9-foot or higher ceilingsSmooth ceilingsOpen floor planSmoke detectorWalk-in closetsQuartz countertopsWalk-in pantryRadon mitigation systemSmart systems pre-wiringGas log fireplace (1)
Laundry & utility
Second-floor laundry with walk-in area and electric dryer hookup

Listing history 50 events

  1. 2026-09-24
    days on market $323,900 Active 133 DOM
  2. 2026-09-23
    days on market $323,900 Active 132 DOM
  3. 2026-09-22
    days on market $323,900 Active 131 DOM
  4. 2026-09-21
    days on market $323,900 Active 130 DOM
  5. 2026-09-20
    days on market $323,900 Active 129 DOM
  6. 2026-09-19
    days on market $323,900 Active 128 DOM
  7. 2026-09-18
    days on market $323,900 Active 127 DOM
  8. 2026-09-17
    days on market $323,900 Active 126 DOM
  9. 2026-09-16
    days on market $323,900 Active 125 DOM
  10. 2026-09-15
    days on market $323,900 Active 124 DOM
  11. 2026-09-14
    days on market $323,900 Active 123 DOM
  12. 2026-09-13
    days on market $323,900 Active 122 DOM
  13. 2026-09-12
    days on market $323,900 Active 121 DOM
  14. 2026-09-11
    days on market $323,900 Active 120 DOM
  15. 2026-09-06
    days on market $323,900 Active 114 DOM
  16. 2026-09-04
    days on market $323,900 Active 113 DOM
  17. 2026-09-03
    pricedays on market $323,900 Active 112 DOM
  18. 2026-08-31
    days on market $333,900 Active 109 DOM
  19. 2026-08-30
    days on market $333,900 Active 108 DOM
  20. 2026-08-29
    days on market $333,900 Active 107 DOM
  21. 2026-08-28
    pricedays on market $333,900 Active 106 DOM
  22. 2026-08-27
    days on market $333,750 Active 105 DOM
  23. 2026-08-25
    days on market $333,750 Active 103 DOM
  24. 2026-08-24
    days on market $333,750 Active 102 DOM
  25. 2026-08-23
    days on market $333,750 Active 101 DOM
  26. 2026-08-22
    days on market $333,750 Active 100 DOM
  27. 2026-08-21
    days on market $333,750 Active 99 DOM
  28. 2026-08-20
    pricestatusdays on market $333,750 Active 98 DOM
  29. 2026-08-19
    days on market $329,900 Contingency Contract 97 DOM
  30. 2026-08-18
    days on market $329,900 Contingency Contract 96 DOM
  31. 2026-08-17
    days on market $329,900 Contingency Contract 95 DOM
  32. 2026-08-16
    days on market $329,900 Contingency Contract 94 DOM
  33. 2026-08-15
    days on market $329,900 Contingency Contract 93 DOM
  34. 2026-08-15
    days on market $329,900 Contingency Contract 92 DOM
  35. 2026-08-13
    statusdays on market $329,900 Contingency Contract 91 DOM
  36. 2026-08-12
    days on market $329,900 Active 90 DOM
  37. 2026-08-11
    days on market $329,900 Active 89 DOM
  38. 2026-08-10
    days on market $329,900 Active 88 DOM
  39. 2026-08-09
    days on market $329,900 Active 87 DOM
  40. 2026-08-08
    days on market $329,900 Active 86 DOM
  41. 2026-08-07
    days on market $329,900 Active 85 DOM
  42. 2026-08-06
    days on market $329,900 Active 84 DOM
  43. 2026-08-05
    days on market $329,900 Active 83 DOM
  44. 2026-08-04
    days on market $329,900 Active 82 DOM
  45. 2026-08-03
    days on market $329,900 Active 81 DOM
  46. 2026-07-31
    days on market $329,900 Active 78 DOM
  47. 2026-07-30
    days on market $329,900 Active 77 DOM
  48. 2026-07-30
    days on market $329,900 Active 76 DOM
  49. 2026-07-28
    days on market $329,900 Active 75 DOM
  50. 2026-07-26
    days on market $329,900 Active 73 DOM

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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$28,933
− Mortgage interest
−$18,143
− Property taxes
−$4,858
− Insurance
−$1,620
− Repairs & maintenance
−$2,315
− Management
−$2,315
− HOA
−$648
− Depreciation
−$9,423
Taxable loss
−$10,388
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,493
After-tax cash flow
$-2,159/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 · 9 photos

Excellent 95/100 None rehab

This beautiful new home in Durbin Meadows is move-in ready with excellent condition and a great location. It offers spacious living areas, modern appliances, and a well-maintained exterior. Potential buyers and tenants will appreciate the home's curb appeal and community amenities.

Value-add opportunities

  • Both Painting the exterior and interior walls — Fresh paint can enhance the curb appeal and interior aesthetics.
  • Both Landscaping improvements — Enhanced landscaping can improve curb appeal and attract potential buyers/tenants.
  • Resale Kitchen appliances — Upgrading to modern appliances can increase the home's appeal to potential buyers.
  • Resale Bathroom fixtures — Modernizing bathroom fixtures can enhance the home's appeal to potential buyers.
  • Resale Flooring upgrades — Upgrading the flooring can enhance the home's appeal to potential buyers.
  • Both HVAC system upgrade — A new HVAC system can improve comfort and energy efficiency, benefiting both resale and rental value.
  • Both Landscaping and curb appeal — Enhanced landscaping and curb appeal can improve the home's overall appearance and attract potential buyers/tenants.
F Composite school gradezoned avg 38/100

Zoned Schools

Elementary Fountain Inn Elementary D SC #199/597 Nat'l #14,382/41,679 Middle Bryson Middle F SC #147/229 Nat'l #9,659/14,009 High Fountain Inn High

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
A Composite livability gradescore 82/100

Livability — Fountain Inn

Score
82/100
State rank
#4
US rank
#1162

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Greenville County · 66,741 people
City population
22,907
Metro
Greenville-Anderson, SC
Population (ZIP)
22,907
Household income
$70,301
Rent vs Own
26.2% rent · 73.8% own
Severe rent burden
14% of renters

Population outlook (Laurens County) Hauer SSP2

Today (2025)
66,741 people
By 2030
66,454 · -0.4%
By 2040
64,881 · -2.8%
By 2050
61,941 · -7.2%
By 2075
53,266 · -20.2%
By 2100
41,495 · -37.8%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (66%)
Race & ethnicity
White 66% Black 18% Two or more races 10% Hispanic / Latino 10%
Hispanic origin (detail)
Mexican 3% Puerto Rican 2%
Common ancestry
Slovak 3% Romanian 2% Lithuanian 2%
Foreign-born
6% · Canada, Jamaica
Languages at home
89% English-only · Spanish 9% Tagalog/Filipino 1%

Political lean MEDSL · Laurens

2024 margin
Solid R (+40.9) · D 29.0% · R 69.9% · Other 1.1%
2008→2024 swing
-22.8pp toward R · 2008: -18.1pp · 2024: -40.9pp
All cycles
2024: R+40.9 2020: R+32.3 2016: R+29.9 2012: R+17.5 2008: R+18.1

Not yet ingested

Civics

Price history

-0.2% since first listed
4 events — show timeline
  • 2026-05-21 Price Changed $329,900 Greater Greenville MLS
  • 2026-05-21 Price Changed $329,900 Zillow
  • 2026-05-14 Listed $330,490 Greater Greenville MLS
  • 2026-05-13 Listed $330,490 Zillow

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…