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4623 Hartshorn Cir 🏗️ New Construction
F Composite 29.31
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 +7.5/15.0
  • Cash flow +5.3/30.0
  • Schools +4.1/10.0
  • Condition / age +4.0/5.0
  • Rent growth +3.8/5.0
  • Livability +3.4/5.0
  • 1% rule +1.2/10.0
  • DSCR +0.0/10.0
  • Appreciation +0.0/10.0

$279,900

4623 Hartshorn Cir · Aiken, SC 29801
4 bd · 3.0 ba · 2,225 sqft · SingleFamily · 76 Days on market
Built 2026 Good condition 7,841 sqft lot 2-car garage $80/mo HOA · 4% of rent ↓ 5% since listing

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

Listing remarks

Welcome home to this beautifully designed 4-bedroom, 3-bathroom residence, where spacious living meets modern style. Thoughtfully crafted for both everyday comfort and effortless entertaining, this home features an open-concept layout that seamlessly connects the kitchen, dining, and living spaces. At the heart of the home, the chef-inspired kitchen showcases a large center island, abundant cabinetry, generous counter space, and ample room for gathering with family and friends. The adjoining living room offers an inviting atmosphere for relaxing, while the separate formal dining room provides the perfect setting for holiday meals, celebrations, or intimate dinners.

Key facts

  • Large center island
  • Open-concept layout
  • 7,841 sq ft lot

Tags

OPEN-CONCEPT LAYOUTCHEF-INSPIRED KITCHENLARGE CENTER ISLANDSEPARATE FORMAL DINING ROOMSOARING 9-FOOT CEILINGSLUXURY PLANK FLOORING

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
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🏗️ New construction. The $279,900 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $331,125.

What this means for you Summary

Snapshot

  • This is a 4-bed/3.0-bath single-family listed at $280k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-734 ($-9k/yr) — negative.
  • To cash-flow at today's rent, offer at most $225k (19.6% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $207k (26.1% below list).
  • Recommended offer: $207k (26.1% below list) — sets the bar for 1% rule.

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: Graniteville Elementary (math 27%, 377 students, 100% FRL); Leavelle Mccampbell Middle (math 19% / reading 32%, grade F, #162 of 229 statewide, top 71%, 650 students, 55% FRL); Midland Valley High (math 31% / reading 83%, grade C, #120 of 196 statewide, top 64%, 1,477 students, 62% FRL) — zoned schools average 72% FRL vs 54% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents rising fast (+5.1%/yr); 687 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals leasing fast (median 6d on market — plan ~1-2 weeks tenant-placement turnaround); 47% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,500 units permitted in Aiken County in 2024 (1,023 in 5+ unit buildings).
  • This rent runs 42% of the median local income ($60k/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.
  • 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 76 days — a 6% lower offer ($263k) is reasonable based on typical stale-listing flexibility.
Recommended offer $206,911 (26.1% 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 76 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. 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?
  7. 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?
  8. 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?
  9. 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.
  10. 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.
  11. 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
0.62%
Cap rate
3.63%
Cash-on-cash
-9.50%
DSCR
0.58
GRM
13.3

CMA / ARV

ARV (median comp)
$331,125
List price
$279,900
Delta
-15.47%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
4444 Hartshorn Cir 0.12mi 4/2.5 2,325 (+4%) 4mo $288,900 $124 82
4481 Hartshorn Cir 0.10mi 4/2.5 2,325 (+4%) 5mo $329,550 $142 82
4673 Hartshorn Cir 0.04mi 4/2.0 1,933 (-13%) 0mo $279,900 $145 72
4349 Hartshorn Cir 0.14mi 4/3.0 2,455 (+10%) 5mo $299,000 $122 72
4591 Hartshorn Cir 0.02mi 4/2.0 1,933 (-13%) 2mo $279,900 $145 72
741 Manitou Cir 0.28mi 4/2.5 2,386 (+7%) 2mo $275,000 $115 71
4820 Hartshorn Cir 0.09mi 4/2.5 2,505 (+13%) 4mo $304,900 $122 69
299 Mansell Park 0.33mi 3/2.5 (-1) 2,378 (+7%) 2mo $279,900 $118 64
639 Lytham Dr 0.42mi 5/3.0 (+1) 2,361 (+6%) 4mo $296,374 $126 62
646 Lytham Dr 0.44mi 4/2.5 1,976 (-11%) 3mo $279,170 $141 56
6006 Beadlow St 0.45mi 5/3.0 (+1) 2,487 (+12%) 1mo $297,900 $120 54
633 Colston Ave 0.72mi 3/2.5 (-1) 1,911 (-14%) 4mo $257,900 $135 32

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
-30.9%
Equity multiple
-0.03×
Total profit
$-95,931
Equity at exit
$49,372
10-year hold
IRR
-25.3%
Equity multiple
-0.34×
Total profit
$-124,651
Equity at exit
$28,630

Cash invested: $92,715 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
68 active · 54 under contract
Months of supply
11.0 mo (9%/mo absorbed)
Median asking
$285,750 ($136/sqft)
Median days on market
99 d
This list price
32% of active listings are priced below it
ARV vs active asking
+9.6% vs current asking $/sqft

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

ZIP-level market 29801

Rents YoY
5.1%
Active inventory
687
Price-to-rent
11.3×

Monthly cashflow live

Estimated rent
$2,069 high interval (Pro) →
Mortgage (P&I)
$1,736
Tax est. 1.5%
$414 /mo · $4,967/yr
Insurance
$138
HOA
$80
Vacancy / Maint / Mgmt
$435
Net cashflow
$-734

Break-even live

Break-even rent $2,998
Max offer price $224,953
Occupancy floor

Sensitivity live

Price -10% $-505 -5% $-619 +0% $-734 +5% $-848 +10% $-963
Rent -10% $-897 -5% $-815 +0% $-734 +5% $-652 +10% $-570
Rate -1.0pp $-567 -0.5pp $-650 base $-734 +0.5pp $-820 +1.0pp $-907

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
$82,781
Closing costs
$9,934
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 15 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
934 Manitou Cir Aiken, SC 3.0 3.0 1551 $1,800 $1.16 6d 1 0.23mi
983 Manitou Cir Aiken, SC 3.0 2.0 1551 $1,980 $1.28 119d 1 0.25mi
293 Mansell Park Aiken, SC 4.0 2.5 2386 $2,250 $0.94 117d 1 0.31mi
266 Mansell Park Aiken, SC 3.0 2.5 1807 $1,950 $1.08 117d 1 0.32mi
651 Manitou Cir Aiken, SC 4.0 2.5 2046 $1,895 $0.93 3d 1 0.34mi
433 Whitby Ct Aiken, SC 5.0 3.0 2378 $2,495 $1.05 117d 1 0.40mi
430 Whitby Ct Aiken, SC 3.0 2.5 1749 $1,850 $1.06 6d 1 0.42mi
860 Delta Ln Unit 860 Aiken, SC 4.0 4.0 2336 $2,100 $0.90 109d 1 0.43mi
811 Grovebury Ct Aiken, SC 3.0 2.5 1435 $1,699 $1.18 6d 1 0.53mi
721 Grovebury Ct Aiken, SC 3.0 2.5 1435 $1,750 $1.22 109d 1 0.54mi
3124 Saint Charles Ave Aiken, SC 3.0 2.0 1550 $2,085 $1.35 117d 1 0.58mi
3124 Saint Charles Ave Aiken, SC 3.0 2.0 1550 $1,985 $1.28 6d 1 0.58mi
598 Burnaby Ct Aiken, SC 3.0 2.0 1748 $2,000 $1.14 6d 1 0.61mi
1015 Tabor Pl Aiken, SC 4.0 3.5 1892 $1,999 $1.06 5d 1 0.61mi
1034 Stockton St Aiken, SC 4.0 2.5 2522 $1,985 $0.79 0d 1 0.74mi

Property features AI

Finance

HOA & community
Homeowners association with an annual fee of $965 (about $80.42/month)Community pool

Exterior

Parking
2-car garageGarage door openerDriveway
Security
Smoke detectors
Utilities
Public waterPublic sewerCable availableNatural gas availableThermostat and insulation noted for energy efficiencyWater heater included in green/energy-efficient features
Home design
Single-family residenceTwo levelsNew construction
Construction
Vinyl sidingComposition roofConcrete perimeter foundationHome warranty includedBuilt as new construction
Exterior features
PatioCommunity poolNo additional exterior features listed

Interior

Kitchen
DishwasherMicrowaveKitchen islandPantry
Bedrooms
Total rooms: 8
Flooring
Carpet
Bathrooms
3 full bathrooms
Heating & cooling
Central airCeiling fansElectric heatingFireplace heating
Interior features
Ceiling fansWalk-in closetsKitchen islandPantryGas fireplace (1)
Laundry & utility
Tankless water heater

Listing history 50 events

  1. 2026-09-24
    days on market $279,900 Active 76 DOM
  2. 2026-09-23
    days on market $279,900 Active 75 DOM
  3. 2026-09-22
    days on market $279,900 Active 74 DOM
  4. 2026-09-21
    statusdays on market $279,900 Active 73 DOM
  5. 2026-09-20
    days on market $279,900 Active Under Contract 72 DOM
  6. 2026-09-19
    days on market $279,900 Active Under Contract 71 DOM
  7. 2026-09-18
    days on market $279,900 Active Under Contract 70 DOM
  8. 2026-09-17
    days on market $279,900 Active Under Contract 69 DOM
  9. 2026-09-16
    days on market $279,900 Active Under Contract 68 DOM
  10. 2026-09-15
    days on market $279,900 Active Under Contract 67 DOM
  11. 2026-09-14
    days on market $279,900 Active Under Contract 66 DOM
  12. 2026-09-14
    status $279,900 Active Under Contract 65 DOM
  13. 2026-09-13
    days on market $279,900 Active 65 DOM
  14. 2026-09-12
    days on market $279,900 Active 64 DOM
  15. 2026-09-11
    days on market $279,900 Active 63 DOM
  16. 2026-09-05
    days on market $279,900 Active 57 DOM
  17. 2026-09-04
    days on market $279,900 Active 56 DOM
  18. 2026-09-03
    days on market $279,900 Active 55 DOM
  19. 2026-08-31
    days on market $279,900 Active 52 DOM
  20. 2026-08-30
    days on market $279,900 Active 51 DOM
  21. 2026-08-29
    days on market $279,900 Active 50 DOM
  22. 2026-08-28
    price $279,900 Active 49 DOM
  23. 2026-08-28
    days on market $299,900 Active 49 DOM
  24. 2026-08-27
    days on market $299,900 Active 48 DOM
  25. 2026-08-26
    days on market $299,900 Active 47 DOM
  26. 2026-08-25
    days on market $299,900 Active 46 DOM
  27. 2026-08-24
    days on market $299,900 Active 45 DOM
  28. 2026-08-23
    days on market $299,900 Active 44 DOM
  29. 2026-08-22
    days on market $299,900 Active 43 DOM
  30. 2026-08-21
    days on market $299,900 Active 42 DOM
  31. 2026-08-20
    days on market $299,900 Active 41 DOM
  32. 2026-08-19
    days on market $299,900 Active 40 DOM
  33. 2026-08-18
    days on market $299,900 Active 39 DOM
  34. 2026-08-17
    days on market $299,900 Active 38 DOM
  35. 2026-08-16
    days on market $299,900 Active 37 DOM
  36. 2026-08-15
    days on market $299,900 Active 36 DOM
  37. 2026-08-14
    days on market $299,900 Active 35 DOM
  38. 2026-08-13
    days on market $299,900 Active 34 DOM
  39. 2026-08-12
    days on market $299,900 Active 33 DOM
  40. 2026-08-11
    days on market $299,900 Active 32 DOM
  41. 2026-08-10
    days on market $299,900 Active 31 DOM
  42. 2026-08-09
    days on market $299,900 Active 30 DOM
  43. 2026-08-08
    days on market $299,900 Active 29 DOM
  44. 2026-08-07
    days on market $299,900 Active 28 DOM
  45. 2026-08-06
    days on market $299,900 Active 27 DOM
  46. 2026-08-05
    days on market $299,900 Active 26 DOM
  47. 2026-08-04
    days on market $299,900 Active 25 DOM
  48. 2026-08-03
    days on market $299,900 Active 24 DOM
  49. 2026-07-31
    days on market $299,900 Active 21 DOM
  50. 2026-07-29
    days on market $299,900 Active 19 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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$24,829
− Mortgage interest
−$18,548
− Property taxes
−$4,967
− Insurance
−$1,656
− Repairs & maintenance
−$1,986
− Management
−$1,986
− HOA
−$960
− Depreciation
−$9,633
Taxable loss
−$14,907
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$3,578
After-tax cash flow
$-5,227/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 · 7 photos

Good 80/100 Cosmetic rehab Est. rehab $11,125–$33,375 screening

This spacious 5-bedroom, 3-bathroom home is in good condition with a good condition score of 80. It features an open concept kitchen, modern bathrooms, and well-maintained exterior. The home is in need of some cosmetic updates such as painting and flooring, which would significantly increase its resale and rental value.

Value-add opportunities

  • Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics
  • Both Updating the flooring in the bedrooms — Modern flooring can improve the overall look and feel of the home
  • Both Upgrading the kitchen appliances — Modern appliances can make the kitchen more functional and appealing

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 41/100

Zoned Schools

Elementary Graniteville Elementary Middle Leavelle Mccampbell Middle F SC #162/229 Nat'l #10,204/14,009 High Midland Valley High C SC #120/196 Nat'l #4,077/17,239

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
C Composite livability gradescore 67/100

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

County
Aiken County · 178,003 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
13% of renters

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

Price history

-4.6% since first listed
4 events — show timeline
  • 2026-06-14 Price Changed $309,900 AMLS
  • 2026-06-08 Price Changed $317,900 AMLS
  • 2026-05-22 Price Changed $309,900 AMLS
  • 2026-05-12 Listed $325,000 AMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…