1143 NE Alderman St · Aiken, SC 29801

$159,900

3 bd · 2.0 ba · 1,155 sqft · SingleFamily public records · 41 Days on market

Built 1952 10,454 sqft lot Est $146k · 10% over

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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 +14.6/30.0
• DSCR +4.5/10.0
• 1% rule +3.9/10.0
• Rent growth +3.8/5.0
• Livability +3.4/5.0
• Schools +3.2/10.0
• ARV discount +3.1/15.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Best priced 3-bedroom, 2 full bath home in Aiken County! Home offers a spacious, welcoming foyer that leads to an open floor plan perfect for entertaining. Large picture window in Living Room allows for an abundance of natural light to overflow the living and dining areas. Add to that the spacious, fenced back yard with fire pit, storage shed and additional room to add a playset or even an above ground pool! Oversized concrete driveway offers room for 4 to 5 vehicles to park safely off the street. The convenience of this location is unmatched being just 2 miles from downtown Aiken, less than 3 miles from Hopelands Gardens, 3 miles from the location of the Aiken Derby, within 2 miles of each of the zoned schools, and just a few minutes from shopping and restaurants. Don't miss your opportunity to see this one before it's gone!

Key facts

• Open floor plan
• Fenced back yard
• Large picture window

Tags

• SPACIOUS FOYER
• OPEN FLOOR PLAN
• LARGE PICTURE WINDOW
• FENCED BACK YARD
• FIRE PIT
• STORAGE SHED

Property features AI

Finance

• Other: Located in the Crosland Park subdivision
• HOA & community: Association amenities listed as other

Exterior

• Parking: Concrete parking surface
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One story
• Construction: Vinyl siding; Composition roof; Slab foundation; Built on a 0.24-acre lot
• Exterior features: Front porch; Fenced yard; No additional exterior features listed

Interior

• Kitchen: Range; Dishwasher
• Bedrooms: 7 total rooms (includes bedrooms and living spaces)
• Flooring: Carpet; Vinyl; Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Natural gas heating; Central air conditioning
• Interior features: Range; Dishwasher; No basement

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $160k.

Deal economics

• At list price, monthly cash flow is $39 ($472/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 $142k (11.1% below list).
• Recommended offer: $142k (11.1% below list) — sets the bar for 1% rule.
• Cap rate 6.6% vs local median 4.1% in Aiken — 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 67/100 on livability (#93 in SC) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, cost of living A; Watch: crime F, commute F.
• Aiken 01 (suburban): math 31% / reading 44% proficiency, ranked #36 of 80 in SC (top 45%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: North Aiken Elementary (math 12% / reading 19%, grade F, #539 of 597 statewide, top 91%, 466 students, 100% FRL); Schofield Middle (math 18% / reading 30%, grade F, #167 of 229 statewide, top 74%, 401 students, 100% FRL); Aiken High (math 19% / reading 84%, grade D+, #146 of 196 statewide, top 75%, 1,195 students, 100% FRL) — zoned schools average 100% FRL vs 54% district-wide (46 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+5.1%/yr); 522 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 2,500 units permitted in Aiken County in 2024 (1,023 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 $5k of value loss. Plan a longer hold.
• Aiken County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 41 days — a 3% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 23y ago; this cycle's ask has dropped $15k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1952 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 66% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $142,168 (11.1% below list)

Questions for the listing agent

1. It's been on market 41 days. Have you received any prior offers? Is the seller open to a 11% concession, seller financing, or rate buy-down credit?
2. Built in 1952 — 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 B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 0.89% ✗
• Cap rate: 6.59%
• Cash-on-cash: 1.05%
• DSCR: 1.05
• GRM: 9.4

CMA / ARV

• ARV (on-the-fly): $145,530
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1000 Croft Ave NE	0.27mi	3/2.0	1,124 (-3%)	11mo	$175,000	$156	74
1058 Croft Ave NE	0.18mi	3/1.5	1,051 (-9%)	9mo	$132,500	$126	67
1106 NE Hahn St	0.08mi	3/1.0	1,075 (-7%)	18mo	$152,000	$141	66
102 NE Brentwood Pl	0.16mi	3/1.5	1,250 (+8%)	16mo	$100,000	$80	64
1224 George St NE	0.20mi	3/1.0	1,108 (-4%)	23mo	$87,500	$79	61
1050 NE Croft Ave	0.20mi	3/1.5	1,248 (+8%)	23mo	$140,000	$112	56
1228 Alfred St	0.16mi	3/1.0	988 (-14%)	15mo	$85,000	$86	52
1507 Wyman St NE	0.48mi	3/1.5	1,212 (+5%)	22mo	$78,500	$65	49
1013 NE Chatfield St	0.15mi	3/1.0	1,309 (+13%)	22mo	$170,000	$130	48
880 NE Alfred St	0.23mi	3/1.0	988 (-14%)	23mo	$135,000	$137	42

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 · 5.06% rent growth · sell at horizon

5-year hold

• IRR: -12.4%
• Equity multiple: 0.54×
• Total profit: $-20,392
• Equity at exit: $23,842

10-year hold

• IRR: -0.5%
• Equity multiple: 0.96×
• Total profit: $-1,629
• Equity at exit: $13,825

Cash invested: $44,772 (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 29801

• Rents YoY: 5.1%
• Active inventory: 522
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $1,422 medium
• Mortgage (P&I): −$839
• Tax from tax record: −$179 /mo · $2,144/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$299
• Net cashflow: $39

Break-even live

Break-even rent $1,372

Max offer price $159,900

Occupancy floor 92%

Sensitivity live

Price	-10% $130	-5% $85	+0% $39	+5% $-6	+10% $-51
Rent	-10% $-73	-5% $-17	+0% $39	+5% $95	+10% $152
Rate	-1.0pp $120	-0.5pp $80	base $39	+0.5pp $-2	+1.0pp $-44

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: $39,975
• Closing costs: $4,797
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1223 York St NE Aiken, SC	2.0	1.0	794	$1,000	$1.26	25d	1	0.35mi
816 York St Aiken, SC	2.0	1.0	1308	$1,450	$1.11	23d	1	0.60mi
328 Williamsburg St Aiken, SC	2.0	1.0	1043	$1,050	$1.01	15d	1	1.15mi
811 Laurens St NW Aiken, SC	3.0	1.5	986	$1,379	$1.40	25d	1	1.36mi

Listing history 43 events

1. 2026-06-21
   days on market $159,900 Active 41 DOM
2. 2026-06-18
   days on market $159,900 Active 38 DOM
3. 2026-06-17
   days on market $159,900 Active 37 DOM
4. 2026-06-16
   days on market $159,900 Active 36 DOM
5. 2026-06-15
   days on market $159,900 Active 35 DOM
6. 2026-06-14
   days on market $159,900 Active 33 DOM
7. 2026-06-13
   days on market $159,900 Active 32 DOM
8. 2026-06-10
   days on market $159,900 Active 30 DOM
9. 2026-06-09
   days on market $159,900 Active 29 DOM
10. 2026-06-08
    days on market $159,900 Active 28 DOM
11. 2026-06-07
    days on market $159,900 Active 27 DOM
12. 2026-06-03
    days on market $159,900 Active 23 DOM
13. 2026-06-02
    days on market $159,900 Active 22 DOM
14. 2026-06-01
    days on market $159,900 Active 21 DOM
15. 2026-05-31
    days on market $159,900 Active 20 DOM
16. 2026-05-30
    days on market $159,900 Active 19 DOM
17. 2026-05-23
    price $159,900
18. 2026-05-16
    price $164,900
19. 2026-05-11
    historical
20. 2026-05-04
    price $169,900 837-char remark

    Show marketing remark (837 chars)

    Best priced 3-bedroom, 2 full bath home in Aiken County! Home offers a spacious, welcoming foyer that leads to an open floor plan perfect for entertaining. Large picture window in Living Room allows for an abundance of natural light to overflow the living and dining areas. Add to that the spacious, fenced back yard with fire pit, storage shed and additional room to add a playset or even an above ground pool! Oversized concrete driveway offers room for 4 to 5 vehicles to park safely off the street. The convenience of this location is unmatched being just 2 miles from downtown Aiken, less than 3 miles from Hopelands Gardens, 3 miles from the location of the Aiken Derby, within 2 miles of each of the zoned schools, and just a few minutes from shopping and restaurants. Don't miss your opportunity to see this one before it's gone!

21. 2026-05-02
    price $169,900
22. 2026-04-20
    price $174,900
23. 2026-04-07
    price $179,900
24. 2026-04-02
    listed $169,900 Active

    Show marketing remark (837 chars)

    Best priced 3-bedroom, 2 full bath home in Aiken County! Home offers a spacious, welcoming foyer that leads to an open floor plan perfect for entertaining. Large picture window in Living Room allows for an abundance of natural light to overflow the living and dining areas. Add to that the spacious, fenced back yard with fire pit, storage shed and additional room to add a playset or even an above ground pool! Oversized concrete driveway offers room for 4 to 5 vehicles to park safely off the street. The convenience of this location is unmatched being just 2 miles from downtown Aiken, less than 3 miles from Hopelands Gardens, 3 miles from the location of the Aiken Derby, within 2 miles of each of the zoned schools, and just a few minutes from shopping and restaurants. Don't miss your opportunity to see this one before it's gone!

25. 2026-04-02
    listed $185,000 Active

    Show marketing remark (837 chars)

    Best priced 3-bedroom, 2 full bath home in Aiken County! Home offers a spacious, welcoming foyer that leads to an open floor plan perfect for entertaining. Large picture window in Living Room allows for an abundance of natural light to overflow the living and dining areas. Add to that the spacious, fenced back yard with fire pit, storage shed and additional room to add a playset or even an above ground pool! Oversized concrete driveway offers room for 4 to 5 vehicles to park safely off the street. The convenience of this location is unmatched being just 2 miles from downtown Aiken, less than 3 miles from Hopelands Gardens, 3 miles from the location of the Aiken Derby, within 2 miles of each of the zoned schools, and just a few minutes from shopping and restaurants. Don't miss your opportunity to see this one before it's gone!

26. 2026-04-02
    listed $174,900 Active 837-char remark

    Show marketing remark (837 chars)

    Best priced 3-bedroom, 2 full bath home in Aiken County! Home offers a spacious, welcoming foyer that leads to an open floor plan perfect for entertaining. Large picture window in Living Room allows for an abundance of natural light to overflow the living and dining areas. Add to that the spacious, fenced back yard with fire pit, storage shed and additional room to add a playset or even an above ground pool! Oversized concrete driveway offers room for 4 to 5 vehicles to park safely off the street. The convenience of this location is unmatched being just 2 miles from downtown Aiken, less than 3 miles from Hopelands Gardens, 3 miles from the location of the Aiken Derby, within 2 miles of each of the zoned schools, and just a few minutes from shopping and restaurants. Don't miss your opportunity to see this one before it's gone!

27. 2023-12-22
    soldstatus $142,000
28. 2023-12-18
    soldstatus $142,000 Sold
29. 2023-12-18
    soldstatus $142,000
30. 2023-12-18
    soldstatus $142,000
31. 2023-11-14
    status Pending
32. 2023-11-06
    listed $145,000 Active
33. 2023-10-25
    listed $145,000
34. 2023-10-25
    listed $145,000
35. 2014-12-08
    soldstatus $62,000
36. 2014-12-04
    soldstatus $62,000
37. 2014-06-10
    listed $74,900
38. 2010-02-26
    soldstatus $27,000
39. 2009-02-06
    listed $27,000
40. 2004-03-24
    soldstatus $41,753
41. 2003-03-19
    listed $44,900
42. 1991-08-01
    soldstatus $38,500
43. 1984-03-01
    soldstatus $25,000

ⓘ 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: $2,144 · $179/mo
• Projected year-2 tax: $2,144 · $179/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 5/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥108°F today · 17 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 66% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,060
• − Mortgage interest: −$8,957
• − Property taxes: −$2,144
• − Insurance: −$800
• − Repairs & maintenance: −$1,365
• − Management: −$1,365
• − Depreciation: −$4,652
• Taxable loss: −$2,222
• Est. tax savings @ 24.0%: +$533
• After-tax cash flow: $1,005/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: Aiken 01
• NCES district ID: 4500720
• Math proficiency: 31% ▼ -11.00%
• Reading proficiency: 44% ▼ -1.00%
• Median HH income: $45,081
• Composite: 31.91/100
• National rank: #5857
• State rank: #36 of 80 in SC

Livability — Aiken

• Score: 67/100
• State rank: #93
• US rank: #10443

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Aiken, SC
• County: Aiken County · 116,534 people
• City population: 71,807
• Metro: Augusta-Richmond County, GA-SC
• Population (ZIP): 31,108
• Household income: $59,573
• Rent vs Own: 33.2% rent · 66.8% own
• Severe rent burden: 1260.0

Population outlook (Aiken County) Hauer SSP2

• Today (2025): 178,003 people
• By 2030: 182,876 · +2.7%
• By 2040: 189,970 · +6.7%
• By 2050: 193,840 · +8.9%
• By 2075: 199,453 · +12.1%
• By 2100: 192,403 · +8.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 50% Black 42% Hispanic / Latino 5% Two or more races 4% Asian 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2%
• Common ancestry: Slovak 2% Italian 1% Serbian 1%
• Foreign-born: 3% · Canada, Jamaica
• Languages at home: 95% English-only · Spanish 3% Other Indo-European 1%

Political lean MEDSL · Aiken

• 2024 margin: Strong R (+25.9) · D 36.4% · R 62.2% · Other 1.4%
• 2008→2024 swing: -1.9pp toward R · 2008: -24.0pp · 2024: -25.9pp
• All cycles: 2024: R+25.9 2020: R+22.7 2016: R+27.5 2012: R+26.0 2008: R+24.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -278.52%
• Current HPI: 173.7944
• Rent YoY: ▲ 5.06%
• Metro: Augusta-Richmond County, GA-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

+539.6% since first listed

27 events — show timeline

• 2026-05-23 Price Changed $159,900 Hive MLS
• 2026-05-16 Price Changed $164,900 Hive MLS
• 2026-05-11 Listing Removed — Hive MLS
• 2026-05-04 Price Changed $169,900 AMLS
• 2026-05-02 Price Changed $169,900 Hive MLS
• 2026-04-20 Price Changed $174,900 Hive MLS
• 2026-04-07 Price Changed $179,900 Hive MLS
• 2026-04-02 Listed $174,900 AMLS
• 2026-04-02 Listed $185,000 Hive MLS
• 2026-04-02 Listed $169,900 Hive MLS
• 2023-12-22 Sold (Public Records) $142,000 Public Records
• 2023-12-18 Sold (MLS) $142,000 Hive MLS
• 2023-12-18 Sold (MLS) $142,000 Hive MLS
• 2023-12-18 Sold (MLS) $142,000 WUMLS
• 2023-11-14 Pending — WUMLS
• 2023-11-06 Listed $145,000 WUMLS
• 2023-10-25 Listed $145,000 Hive MLS
• 2023-10-25 Listed $145,000 Hive MLS
• 2014-12-08 Sold (Public Records) $62,000 Public Records
• 2014-12-04 Sold (MLS) $62,000 AMLS
• 2014-06-10 Listed $74,900 AMLS
• 2010-02-26 Sold (MLS) $27,000 AMLS
• 2009-02-06 Listed $27,000 AMLS
• 2004-03-24 Sold (MLS) $41,753 AMLS
• 2003-03-19 Listed $44,900 AMLS
• 1991-08-01 Sold (Public Records) $38,500 Public Records
• 1984-03-01 Sold (Public Records) $25,000 Public Records

Property tax history

+62.6%/yr

Latest (2025): $2,144 · +8.5% YoY. Source: county tax records.