5047 Fairmont Dr · Burnettown, SC 29829

$274,900

4 bd · 2.0 ba · 1,713 sqft · SingleFamily public records · 15 Days on market

Built 2009 7,841 sqft lot Est $293k · 6% under $40/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 +15.6/30.0
• ARV discount +10.3/15.0
• Appreciation +9.2/10.0
• DSCR +4.8/10.0
• 1% rule +3.3/10.0
• Schools +3.2/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Four bedrooms, everyday functionality, and a location that places you in the middle of Aiken, North Augusta, and Augusta make 5047 Fairmont Drive a home that fits a variety of lifestyles. Located in Gregg's Mill at Horse Creek, this well-maintained home offers comfortable living spaces, attractive finishes, and easy access to shopping, dining, recreation, medical facilities, major employers, and Fort Eisenhower. Inside, vaulted ceilings and abundant natural light create an airy feel throughout the main living area. The great room centers around a fireplace that adds warmth, character, and a natural focal point to the space. Rather than one large room, the layout offers a nice balance between connection and separation. The kitchen overlooks the great room through a pass-through opening, making it easy to stay engaged with family and guests while maintaining dedicated spaces for cooking, dining, and living. The kitchen features white cabinetry, a breakfast bar, pantry storage, and ample workspace for meal preparation. Nearby, the dining area provides plenty of room for everything from weeknight dinners to holiday gatherings. The primary bedroom features a tray ceiling, walk-in closet, and private bath with dual vanities, a soaking tub, and separate shower. Three additional bedrooms provide flexibility for guests, a home office, hobbies, fitness space, or changing household needs over time. A newly installed privacy fence adds both privacy and peace of mind, while the pergola-covered patio creates a comfortable outdoor space for grilling, gathering with friends, enjoying game day, or simply unwinding at the end of the day. Additional features include an attached large one-car garage, practical storage, and a layout that makes daily living easy and functional. Residents of Gregg's Mill at Horse Creek enjoy access to a resort-style community pool, clubhouse, sidewalks, and neighborhood amenities designed for an active lifestyle. Nearby recreational opportunities include Langley Pond Park and the North Augusta Greeneway, offering easy access to outdoor activities, walking trails, biking, and time spent enjoying the area's natural beauty. Convenient access to I-20 places you in the middle of Downtown Aiken, North Augusta, Augusta, Fort Eisenhower, medical facilities, shopping, dining, and major employment centers. With four bedrooms, attractive updates, neighborhood amenities, and a location that keeps daily destinations within easy reach, 5047 Fairmont Drive offers the space and flexibility buyers are looking for in Graniteville, SC.

Key facts

• Vaulted ceilings
• Pass-through opening
• White cabinetry

Tags

• VAULTED CEILINGS
• ABUNDANT NATURAL LIGHT
• FIREPLACE IN GREAT ROOM
• PASS-THROUGH OPENING
• WHITE CABINETRY
• BREAKFAST BAR

Property features AI

Finance

• HOA & community: Homeowners association with an annual fee of $475 (about $39.58/month); Community pool

Exterior

• Parking: Attached garage with garage door opener; Total 1 parking space (1 garage space)
• Utilities: Public water; Public sewer; Natural gas available and connected
• Home design: Single-family residence; One story; Entry level: 1
• Construction: Fiber cement and frame construction with stone veneer; Slab foundation; Composition roof; Built with accessible design features
• Exterior features: Covered patio; Patio; Privacy fencing in the backyard; Fenced yard; Landscaped lot; Sprinklers in front and rear; Paved road access; Has a view

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Pantry
• Bedrooms: Master bedroom located downstairs
• Flooring: Tile; Other (see remarks)
• Bathrooms: Two full bathrooms; Accessible full bath
• Heating & cooling: Central air conditioning; Forced air heating; Natural gas heating
• Interior features: Master suite on the main level; Walk-in closets; Tray ceilings; Entrance foyer; Ceiling fans; Pantry; Gas log fireplace
• Laundry & utility: Laundry room with washer hookup; Gas water heater

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $275k.

Deal economics

• At list price, monthly cash flow is $115 ($1k/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 $227k (17.5% below list).
• Recommended offer: $227k (17.5% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 64/100 on livability (#159 in SC) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, employment D-.
• 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: Gloverville Elementary (math 42% / reading 42%, grade F, #256 of 597 statewide, top 45%, 318 students, 100% FRL); Midland Valley High (math 31% / reading 83%, grade C, #120 of 196 statewide, top 64%, 1,477 students, 62% FRL) — zoned schools average 81% FRL vs 54% district-wide (27 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 50% at this address vs 38% district-wide (+12 pts) — the actual schools serving this property are materially stronger than the Aiken 01 average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: 299 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 2,500 units permitted in Aiken County in 2024 (1,023 in 5+ unit buildings).

Forward outlook

• In year one you build about $25k of equity ($2k loan paydown + $23k appreciation (8.4% local appreciation)).
• Aiken County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (8.4% appreciation + 3.0% rent growth), your $77k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$40k 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 ($271k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 17y ago 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.
• Current owner paid $150k; list at $275k implies a 83% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 63% chance of damaging wind over 30y; major 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 $226,811 (17.5% 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. 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.
5. 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.
6. 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: 0.83% ✗
• Cap rate: 6.80%
• Cash-on-cash: 1.80%
• DSCR: 1.08
• GRM: 10.1

CMA / ARV

• ARV (on-the-fly): $292,923
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
224 Baylor Dr	0.32mi	3/2.0 (-1)	1,672 (-2%)	2mo	$292,000	$175	75
7036 Grayson Dr	0.42mi	4/2.0	1,746 (+2%)	12mo	$293,900	$168	67
281 Sutton Ct	0.41mi	3/2.0 (-1)	1,716 (+0%)	11mo	$310,000	$181	66
235 Baylor Dr	0.34mi	3/2.0 (-1)	1,672 (-2%)	11mo	$289,000	$173	66
462 Country Glen Ave	0.56mi	3/2.0 (-1)	1,765 (+3%)	0mo	$277,500	$157	64
7121 Grayson Dr	0.51mi	3/2.0 (-1)	1,693 (-1%)	7mo	$289,900	$171	63
655 Wade Way	0.31mi	3/2.0 (-1)	1,573 (-8%)	8mo	$271,650	$173	60
182 Sutton Ct	0.32mi	3/2.0 (-1)	1,862 (+9%)	8mo	$300,000	$161	59
201 Sutton Ct	0.32mi	3/2.0 (-1)	1,659 (-3%)	20mo	$299,900	$181	58
209 Country Glen Ave	0.66mi	3/2.0 (-1)	1,768 (+3%)	6mo	$265,000	$150	54
165 Sudlow Lake Rd	0.72mi	3/2.0 (-1)	1,700 (-1%)	10mo	$286,000	$168	52
309 Sutton Ct	0.45mi	3/2.0 (-1)	1,862 (+9%)	22mo	$299,900	$161	42

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

Projected returns pro-forma

8.38% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 22.2%
• Equity multiple: 2.65×
• Total profit: $127,214
• Equity at exit: $215,997

10-year hold

• IRR: 20.2%
• Equity multiple: 5.73×
• Total profit: $363,844
• Equity at exit: $435,755

Cash invested: $76,972 (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 29829

• Home prices YoY: 3.0%
• Active inventory: 299
• Price-to-rent: 10.1×

Monthly cashflow live

• Estimated rent: $2,268 medium
• Mortgage (P&I): −$1,442
• Tax from tax record: −$80 /mo · $962/yr
• Insurance: −$115
• HOA: −$40
• Vacancy / Maint / Mgmt: −$476
• Net cashflow: $115

Break-even live

Break-even rent $2,122

Max offer price $274,900

Occupancy floor 90%

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: $68,725
• Closing costs: $8,247
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6279 Whirlaway Rd Graniteville, SC	3.0	2.0	1295	$1,900	$1.47	21d	1	1.42mi

HOA detail

• Monthly dues: $40 · $480/yr
• Likely covers: pool

Listing history 11 events

1. 2026-06-18
   days on market $274,900 Active 15 DOM
2. 2026-06-17
   days on market $274,900 Active 14 DOM
3. 2026-06-16
   days on market $274,900 Active 13 DOM
4. 2026-06-15
   days on market $274,900 Active 12 DOM
5. 2026-06-14
   days on market $274,900 Active 10 DOM
6. 2026-06-13
   days on market $274,900 Active 9 DOM
7. 2026-06-10
   days on market $274,900 Active 7 DOM
8. 2026-06-09
   days on market $274,900 Active 6 DOM
9. 2026-06-08
   days on market $274,900 Active 5 DOM
10. 2026-06-07
    remarks 699-char remark
11. 2026-06-07
    listed $274,900 Active 4 DOM

ⓘ 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: $962 · $80/mo
• Projected year-2 tax: $1,567 · $131/mo
• Expected delta: +$605/yr (+$50/mo · 62.9%)

ⓘ 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 6/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥108°F today · 17 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 63% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,217
• − Mortgage interest: −$15,399
• − Property taxes: −$962
• − Insurance: −$1,374
• − Repairs & maintenance: −$2,177
• − Management: −$2,177
• − HOA: −$480
• − Depreciation: −$7,997
• Taxable loss: −$3,350
• Est. tax savings @ 24.0%: +$804
• After-tax cash flow: $2,190/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 — Burnettown

• Score: 64/100
• State rank: #159
• US rank: #14711

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Aiken County · 116,534 people
• City population: 931
• Metro: Augusta-Richmond County, GA-SC
• Population (ZIP): 12,385
• Household income: $84,228
• Rent vs Own: 18.3% rent · 81.7% own
• Severe rent burden: 213.0

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 0.58)
• Race & ethnicity: White 59% Black 26% Hispanic / Latino 12% Two or more races 9% Asian 1%
• Hispanic origin (detail): Mexican 8% Puerto Rican 1%
• Common ancestry: Italian 2% Swedish 2% Slovak 1%
• Foreign-born: 6% · Canada
• Languages at home: 89% English-only · Spanish 10% 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: ▲ 8.38%
• Current HPI: 286.4155
• Rent YoY: —
• 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

+82.7% since first listed

17 events — show timeline

• 2026-06-03 Listed $274,900 AMLS
• 2026-06-03 Listed $274,900 Hive MLS
• 2026-02-13 Price Changed $150,500 Hive MLS
• 2024-09-16 Sold (MLS) $150,500 Hive MLS
• 2024-08-04 Listed $395,000 Hive MLS
• 2021-05-14 Sold (Public Records) $207,000 Public Records
• 2021-05-05 Sold (MLS) $207,000 AMLS
• 2021-05-05 Sold (MLS) $207,000 Hive MLS
• 2021-05-05 Sold (MLS) $207,000 Hive MLS
• 2021-03-26 Listed $206,900 AMLS
• 2021-03-26 Listed $206,900 Hive MLS
• 2021-03-26 Listed $206,900 Hive MLS
• 2009-12-30 Sold (MLS) $150,500 Hive MLS
• 2009-12-30 Sold (MLS) $150,500 AMLS
• 2009-12-30 Sold (MLS) $150,500 Hive MLS
• 2009-09-01 Listed $150,500 Hive MLS
• 2009-09-01 Listed $150,500 AMLS

Property tax history

+3.3%/yr

Latest (2025): $962 · +0.0% YoY. Source: county tax records.