704 Striped Bass Ct · Santee, SC 29142

$234,000

3 bd · 2.5 ba · 1,360 sqft · SingleFamily · 15 Days on market

Built 2025 Excellent condition 7,840 sqft lot Est $248k · 5% under $33/mo HOA · 2% of rent

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Why this score? — see what drove the C- 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 +13.7/30.0
• ARV discount +10.0/15.0
• Appreciation +6.7/10.0
• Schools +5.0/10.0
• Condition / age +5.0/5.0
• DSCR +4.1/10.0
• 1% rule +4.0/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0

Listing remarks

Centerpoint Ravenel SC New Home OpportunityCenter Pointe is conveniently located in the heart of Santee, South Carolina only minutes from I-95 with deep water access to Lake Marion from nearby public boat landings. This is one of South Carolina's top golf destinations with three courses within just 2 miles of the community. Enjoy world class freshwater fishing or stop by one of the locally owned restaurants. Within just a few miles, you can visit several top tourist spots such as Santee State Park along Lake Marion which offers camping, cabin rentals and pier fishing. Spend the day at Orangeburg County Recreation and Water Park, a seasonal County Waterpark with a wheel-chair accessible pool

Key facts

• Contemporary design
• Santee state park
• Wildlife viewing

Tags

• DEEP WATER ACCESS
• PUBLIC BOAT LANDINGS
• WORLD CLASS FRESHWATER FISHING
• SANTEE STATE PARK
• WILDLIFE VIEWING
• CONTEMPORARY DESIGN

Property features AI

Finance

• Other: Address: 704 Striped Bass Ct, Santee, SC 29142; Listing status: Active; Listing last modified: 2026-06-02
• Financial info: List price $234,000

Exterior

• Parking: 1 covered garage space (1 total parking space)
• Home design: Single-family property (spec home)
• Exterior features: Living area of 1360 (living area provided)

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms and 1 half bathroom
• Interior features: Spec home (RACHEL plan)

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $234k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $15 ($185/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 $211k (9.9% below list).
• Recommended offer: $211k (9.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 61/100 on livability (#202 in SC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+; Watch: schools D+, crime F, amenities F.
• Market conditions: 154 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 87 units permitted in Orangeburg County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $10k of equity ($2k loan paydown + $8k appreciation (3.5% local appreciation)).
• Orangeburg County population projected at -27% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.5% appreciation + 3.0% rent growth), your $66k cash investment doubles in ~6 years — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 15 days — a 2% lower offer ($230k) is reasonable based on typical stale-listing flexibility.

Recommended offer $210,826 (9.9% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 0.90% ✗
• Cap rate: 6.37%
• Cash-on-cash: 0.28%
• DSCR: 1.01
• GRM: 9.2

CMA / ARV

• ARV (on-the-fly): $247,520
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
748 Striped Bass Ct	0.11mi	3/2.5	1,360 (0%)	5mo	$265,900	$196	91
904 Bream Cir	0.12mi	3/2.5	1,360 (0%)	8mo	$281,000	$207	88
612 Perch Ln	0.07mi	3/2.5	1,517 (+12%)	3mo	$283,900	$187	75
624 Perch Ln	0.08mi	4/2.0 (+1)	1,482 (+9%)	1mo	$262,900	$177	74
701 Striped Bass Ct	0.02mi	3/2.0	1,183 (-13%)	4mo	$249,900	$211	71
677 Perch Ln	0.05mi	3/2.5	1,517 (+12%)	10mo	$269,850	$178	70
657 Perch Ln	0.05mi	4/2.0 (+1)	1,482 (+9%)	10mo	$264,850	$179	68
681 Perch Ln	0.07mi	4/2.0 (+1)	1,482 (+9%)	9mo	$252,900	$171	68
740 Striped Bass Ct	0.10mi	4/2.0 (+1)	1,482 (+9%)	9mo	$269,850	$182	66
908 Bream Cir	0.12mi	4/2.0 (+1)	1,482 (+9%)	8mo	$262,325	$177	66
625 Perch Ln	0.06mi	3/2.0	1,183 (-13%)	10mo	$242,850	$205	65
5 John Fothergill Cir	0.42mi	2/2.0 (-1)	1,405 (+3%)	10mo	$214,500	$153	60

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

3.47% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 9.1%
• Equity multiple: 1.54×
• Total profit: $35,138
• Equity at exit: $111,511

10-year hold

• IRR: 11.3%
• Equity multiple: 2.78×
• Total profit: $116,637
• Equity at exit: $176,914

Cash invested: $65,520 (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 29142

• Home prices YoY: 1.8%
• Active inventory: 154
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $2,108 medium
• Mortgage (P&I): −$1,227
• Tax est. 1.5%: −$292 /mo · $3,510/yr
• Insurance: −$98
• HOA: −$33
• Vacancy / Maint / Mgmt: −$443
• Net cashflow: $15

Break-even live

Break-even rent $2,089

Max offer price $234,000

Occupancy floor 94%

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: $58,500
• Closing costs: $7,020
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
764 Striped Bass Ct Santee, SC	3.0	2.0	1183	$2,000	$1.69	23d	1	0.13mi
208 Trillium Ct Santee, SC	3.0	3.0	1500	$2,100	$1.40	23d	1	1.07mi
127 Ballard Ln Santee, SC	2.0	2.0	1300	$2,999	$2.31	23d	1	1.19mi

HOA detail

• Monthly dues: $33 · $396/yr
• Likely covers: waterpool

Listing history 13 events

1. 2026-06-19
   days on market $234,000 Active 15 DOM
2. 2026-06-18
   days on market $234,000 Active 14 DOM
3. 2026-06-17
   days on market $234,000 Active 13 DOM
4. 2026-06-16
   days on market $234,000 Active 12 DOM
5. 2026-06-15
   days on market $234,000 Active 11 DOM
6. 2026-06-14
   days on market $234,000 Active 9 DOM
7. 2026-06-12
   days on market $234,000 Active 8 DOM
8. 2026-06-09
   days on market $234,000 Active 5 DOM
9. 2026-06-08
   days on market $234,000 Active 4 DOM
10. 2026-06-07
    days on market $234,000 Active 3 DOM
11. 2026-06-07
    days on marketlisting id $234,000 Active 2 DOM
12. 2026-06-02
    remarks 699-char remark
13. 2026-06-02
    listed $234,000 Active 1 DOM

ⓘ 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: $25,299
• − Mortgage interest: −$13,108
• − Property taxes: −$3,510
• − Insurance: −$1,170
• − Repairs & maintenance: −$2,024
• − Management: −$2,024
• − HOA: −$396
• − Depreciation: −$6,807
• Taxable loss: −$3,740
• Est. tax savings @ 24.0%: +$898
• After-tax cash flow: $1,082/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 · 1 photo

Excellent 100/100 None rehab

This home is in excellent condition with no visible repairs needed. It offers a good return on investment with updates that can significantly increase its resale and rental value.

Value-add opportunities

• Both Painting exterior and interior walls — Enhances curb appeal and interior aesthetics
• Both Landscaping improvements — Enhances curb appeal and adds value
• Both New flooring in bathrooms — Improves aesthetics and functionality
• Both New kitchen appliances — Modernizes the kitchen and adds value

Renovation cost estimate screening

Value-add ROI direction

• Both Painting exterior and interior walls — Enhances curb appeal and interior aesthetics ↑
• Both Landscaping improvements — Enhances curb appeal and adds value ↑
• Both New flooring in bathrooms — Improves aesthetics and functionality ↑
• Both New kitchen appliances — Modernizes the kitchen and adds value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

No district data.

Livability — Santee

• Score: 61/100
• State rank: #202
• US rank: #17354

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Santee, SC
• Population (ZIP): 4,658

Population outlook (Orangeburg County) Hauer SSP2

• Today (2025): 82,698 people
• By 2030: 78,615 · -4.9%
• By 2040: 69,308 · -16.2%
• By 2050: 60,629 · -26.7%
• By 2075: 42,678 · -48.4%
• By 2100: 28,136 · -66.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority Black (64%)
• Race & ethnicity: Black 64% White 31% Asian 3% Hispanic / Latino 2%
• Common ancestry: Lithuanian 2% Romanian 2%
• Foreign-born: 1%
• Languages at home: 96% English-only · Other Indo-European 2% Spanish 1%

Political lean MEDSL · Orangeburg

• 2024 margin: Strong D (+24.6) · D 61.8% · R 37.2% · Other 1.1%
• 2008→2024 swing: -13.5pp toward R · 2008: 38.1pp · 2024: 24.6pp
• All cycles: 2024: D+24.6 2020: D+33.2 2016: D+37.0 2012: D+43.5 2008: D+38.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.47%
• Current HPI: 193.5623
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 4.51%
• F500 in state: 2

Industry mix (Fortune 500 HQ in SC)

Industry	F500 HQs	Revenue
▸Packaging	1	$7B