307 Rhea Rd · York, SC 29745

$302,000

3 bd · 2.0 ba · 1,215 sqft · SingleFamily public records · 88 Days on market

Built 2018 0.84 ac lot Est $315k · at est.

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Why this score? — see what drove the F 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 +9.3/15.0
• Cash flow +9.1/30.0
• Livability +3.2/5.0
• Schools +3.0/10.0
• DSCR +2.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Built in 2018, this York one-story home offers a patio, and granite countertops.

Key facts

• 0.84 acre lot
• Built 2018
• Listed 87 days

Property features AI

Finance

• HOA & community: No HOA

Exterior

• Parking: Driveway with approximately 4 open parking spaces
• Utilities: Well water; Septic system
• Home design: Single-family residence; One level
• Construction: Site-built home; Vinyl exterior; Composition roof; Crawl space foundation
• Exterior features: Publicly maintained road access; Concrete and other road surfaces

Interior

• Kitchen: Dishwasher; Electric range; Microwave
• Bedrooms: Three bedrooms on the main level
• Flooring: Carpet; Tile; Vinyl; Wood
• Bathrooms: Two full bathrooms on the main level
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: 8 total rooms; Electric fireplace
• Laundry & utility: Laundry located in kitchen; Laundry closet

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $302k.

Deal economics

• At list price, monthly cash flow is $-234 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $261k (13.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $207k (31.5% below list).
• Recommended offer: $207k (31.5% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 65/100 on livability (#139 in SC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities F, commute F.
• York 01 (rural): math 31% / reading 40% proficiency, ranked #41 of 80 in SC (top 51%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Harold C. Johnson Elementary (math 27% / reading 27%, grade F, #421 of 597 statewide, top 73%, 409 students, 100% FRL); York Comprehensive High (math 39% / reading 82%, grade C+, #108 of 196 statewide, top 55%, 1,493 students, 68% FRL) — zoned schools average 84% FRL vs 54% district-wide (31 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 546 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,550 units permitted in York County in 2024 (350 in 5+ unit buildings).
• This rent runs 31% of the median local income ($79k/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 $9k of value loss. Plan a longer hold.
• York County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 88 days — a 6% lower offer ($284k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 5y ago; this cycle's ask has dropped $28k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 25% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $206,750 (31.5% 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 88 days. Have you received any prior offers? Is the seller open to a 32% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
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: 0.68% ✗
• Cap rate: 5.36%
• Cash-on-cash: -3.33%
• DSCR: 0.85
• GRM: 12.2

CMA / ARV

• ARV (on-the-fly): $314,685
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
340 Fleetwood Rd	0.06mi	3/2.0	1,149 (-5%)	2mo	$298,500	$260	87
348 Fleetwood Rd	0.07mi	3/2.0	1,177 (-3%)	12mo	$339,900	$289	82
439 Pamela Rd	0.47mi	3/2.0	1,279 (+5%)	5mo	$340,000	$266	65
534 Pamela Rd	0.62mi	3/2.0	1,290 (+6%)	2mo	$380,000	$295	59
440 Pamela Rd	0.57mi	3/2.0	1,224 (+1%)	19mo	$123,500	$101	56
116 Ridgewood Dr	0.71mi	3/2.0	1,270 (+4%)	9mo	$259,000	$204	52
700 Fine Wright Ave	0.64mi	3/1.0	1,164 (-4%)	11mo	$205,000	$176	50
1131 Thompson Davis Rd	0.59mi	3/2.0	1,257 (+4%)	21mo	$325,000	$259	49
146 Pheasant Ridge Cir	0.71mi	3/2.0	1,288 (+6%)	11mo	$287,000	$223	48

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: -21.9%
• Equity multiple: 0.24×
• Total profit: $-63,965
• Equity at exit: $45,029

10-year hold

• IRR: -15.9%
• Equity multiple: 0.11×
• Total profit: $-75,339
• Equity at exit: $26,111

Cash invested: $84,560 (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 29745

• Home prices YoY: -30.3%
• Active inventory: 546
• Price-to-rent: 12.2×

Monthly cashflow live

• Estimated rent: $2,068 medium
• Mortgage (P&I): −$1,584
• Tax from tax record: −$158 /mo · $1,897/yr
• Insurance: −$126
• HOA: −$0
• Vacancy / Maint / Mgmt: −$434
• Net cashflow: $-234

Break-even live

Break-even rent $2,364

Max offer price $260,605

Occupancy floor —

Sensitivity live

Price	-10% $-63	-5% $-149	+0% $-234	+5% $-320	+10% $-405
Rent	-10% $-398	-5% $-316	+0% $-234	+5% $-153	+10% $-71
Rate	-1.0pp $-82	-0.5pp $-158	base $-234	+0.5pp $-313	+1.0pp $-392

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: $75,500
• Closing costs: $9,060
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
106 Eaves Way York, SC	2.0–3.0	1.5–2.0	1161	$1,708	$1.47	3d	1	0.80mi
203 W Liberty St Unit 2E York, SC	2.0	1.0	700	$1,375	$1.96	3d	1	1.08mi
67 Travora Cir York, SC	2.0	2.0	832	$1,695	$2.04	19d	1	1.35mi
53 Travora Cir York, SC	3.0	2.0	1156	$1,995	$1.73	19d	1	1.37mi

Listing history 26 events

1. 2026-06-21
   days on market $302,000 Active 88 DOM
2. 2026-06-18
   days on market $302,000 Active 85 DOM
3. 2026-06-17
   days on market $302,000 Active 84 DOM
4. 2026-06-16
   days on market $302,000 Active 83 DOM
5. 2026-06-15
   days on market $302,000 Active 82 DOM
6. 2026-06-13
   pricedays on market $302,000 Active 80 DOM
7. 2026-06-09
   days on market $308,000 Active 76 DOM
8. 2026-06-08
   days on market $308,000 Active 75 DOM
9. 2026-06-07
   days on market $308,000 Active 74 DOM
10. 2026-06-04
    days on market $308,000 Active 71 DOM
11. 2026-06-03
    days on market $308,000 Active 70 DOM
12. 2026-06-02
    days on market $308,000 Active 69 DOM
13. 2026-06-01
    days on market $308,000 Active 68 DOM
14. 2026-05-31
    days on market $308,000 Active 67 DOM
15. 2026-05-14
    price $313,000
16. 2026-04-23
    price $318,000
17. 2026-04-02
    price $325,000
18. 2026-03-25
    listed $330,000 Active
19. 2026-03-13
    soldstatus $317,000
20. 2022-01-12
    soldstatus $269,400
21. 2022-01-11
    soldstatus $269,400 Closed 80-char remark

    Show marketing remark (80 chars)

    Built in 2018, this York one-story home offers a patio, and granite countertops.

22. 2021-12-17
    status Pending 80-char remark

    Show marketing remark (80 chars)

    Built in 2018, this York one-story home offers a patio, and granite countertops.

23. 2021-11-05
    price $281,000 80-char remark

    Show marketing remark (80 chars)

    Built in 2018, this York one-story home offers a patio, and granite countertops.

24. 2021-10-01
    listed $285,000 Active 80-char remark

    Show marketing remark (80 chars)

    Built in 2018, this York one-story home offers a patio, and granite countertops.

25. 2018-03-08
    soldstatus $165,000
26. 2017-06-12
    soldstatus $35,000

ⓘ 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: $1,897 · $158/mo
• Projected year-2 tax: $1,897 · $158/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 4/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥104°F today · 16 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 25% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,810
• − Mortgage interest: −$16,917
• − Property taxes: −$1,897
• − Insurance: −$1,510
• − Repairs & maintenance: −$1,985
• − Management: −$1,985
• − Depreciation: −$8,785
• Taxable loss: −$8,269
• Est. tax savings @ 24.0%: +$1,985
• After-tax cash flow: $-827/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: York 01
• NCES district ID: 4503810
• Math proficiency: 31% ▼ -16.00%
• Reading proficiency: 40% ▬ 0.00%
• Median HH income: $44,491
• Composite: 30.21/100
• National rank: #6305
• State rank: #41 of 80 in SC

Livability — York

• Score: 65/100
• State rank: #139
• US rank: #13425

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: York County · 281,758 people
• City population: 34,909
• Metro: Charlotte-Concord-Gastonia, NC-SC
• Population (ZIP): 34,909
• Household income: $79,117
• Rent vs Own: 16.1% rent · 83.9% own
• Severe rent burden: 321.0

Population outlook (York County) Hauer SSP2

• Today (2025): 307,757 people
• By 2030: 335,979 · +9.2%
• By 2040: 391,378 · +27.2%
• By 2050: 443,234 · +44.0%
• By 2075: 557,102 · +81.0%
• By 2100: 625,837 · +103.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (75%)
• Race & ethnicity: White 75% Black 12% Two or more races 6% Hispanic / Latino 6% Asian 1%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Romanian 3% Serbian 3% Italian 2%
• Foreign-born: 4% · Canada
• Languages at home: 94% English-only · Spanish 4%

Political lean MEDSL · York

• 2024 margin: R (+19.1) · D 39.7% · R 58.8% · Other 1.5%
• 2008→2024 swing: -1.4pp toward R · 2008: -17.7pp · 2024: -19.1pp
• All cycles: 2024: R+19.1 2020: R+16.5 2016: R+22.1 2012: R+20.5 2008: R+17.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -109.42%
• Current HPI: 251.6848
• Rent YoY: —
• Metro: Charlotte-Concord-Gastonia, NC-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

+794.3% since first listed

12 events — show timeline

• 2026-05-14 Price Changed $313,000 CANOPYMLS as Distributed by MLS Grid
• 2026-04-23 Price Changed $318,000 CANOPYMLS as Distributed by MLS Grid
• 2026-04-02 Price Changed $325,000 CANOPYMLS as Distributed by MLS Grid
• 2026-03-25 Listed $330,000 CANOPYMLS as Distributed by MLS Grid
• 2026-03-13 Sold (Public Records) $317,000 Public Records
• 2022-01-12 Sold (Public Records) $269,400 Public Records
• 2022-01-11 Sold (MLS) $269,400 CANOPYMLS as Distributed by MLS Grid
• 2021-12-17 Pending — CANOPYMLS as Distributed by MLS Grid
• 2021-11-05 Price Changed $281,000 CANOPYMLS as Distributed by MLS Grid
• 2021-10-01 Listed $285,000 CANOPYMLS as Distributed by MLS Grid
• 2018-03-08 Sold (Public Records) $165,000 Public Records
• 2017-06-12 Sold (Public Records) $35,000 Public Records

Property tax history

+21.8%/yr

Latest (2025): $1,897 · +8.4% YoY. Source: county tax records.