638 Marbled Teal Ln · Columbia, SC 29061

$230,000

3 bd · 2.0 ba · 1,392 sqft · SingleFamily · 34 Days on market

Built 2025 Good condition 6,969 sqft lot 2-car garage $165/sqft · at area comps Est $233k · at est. $21/mo HOA · 1% of rent

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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 +9.3/30.0
• ARV discount +8.2/15.0
• Condition / age +4.2/5.0
• Livability +3.9/5.0
• 1% rule +2.9/10.0
• DSCR +2.6/10.0
• Rent growth +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks

Get up to $20,000 to use however you need. Welcome to the * * Cobblestone floor plan * * in the sought-after community of * * Canary Woods * * , where modern design meets everyday convenience. This * * single-story * * , * * 1,392-square-foot * * * * three bedrooms * * , * * two baths * * , and a * * two-car garage * * , all thoughtfully designed for comfortable, efficient living. The * * open-concept layout * * seamlessly connects the * * living room * * , * * dining area * * , and * * kitchen * * , creating an inviting space that’s perfect for entertaining or relaxing with family.

Key facts

• 6,969 sq ft lot
• 2 garage spots
• Built 2025

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $230k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-167 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $206k (10.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $183k (20.6% below list).
• Recommended offer: $183k (20.6% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 78/100 on livability (#18 in SC, #2,436 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: employment D, crime F.
• Richland 01 (urban): math 26% / reading 36% proficiency, ranked #54 of 80 in SC (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Horrell Hill Elementary (math 17% / reading 17%, grade F, #515 of 597 statewide, top 89%, 562 students, 100% FRL); Hopkins Middle (math 8% / reading 17%, grade F, #213 of 229 statewide, top 94%, 493 students, 100% FRL); Lower Richland High (math 5% / reading 64%, grade F, #185 of 196 statewide, top 94%, 1,244 students, 100% FRL) — zoned schools average 100% FRL vs 64% district-wide (36 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 656 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 50d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 62% of comp listings sitting > 30 days — soft ceiling on asking rent; 3,472 units permitted in Richland County in 2024 (1,096 in 5+ unit buildings).
• This rent runs 36% 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 $7k of value loss. Plan a longer hold.
• Richland County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 34 days — a 3% lower offer ($223k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $13k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $182,687 (20.6% 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 34 days. Have you received any prior offers? Is the seller open to a 21% 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. 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: 0.79% ✗
• Cap rate: 5.42%
• Cash-on-cash: -3.12%
• DSCR: 0.86
• GRM: 10.5

CMA / ARV

• ARV (median comp): $233,437
• List price: $230,000
• Delta: -1.47%
• Verdict: FAIR
• Comps: 5 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
236 Hunters Rd	1.64mi	3/2.0	1,349 (-3%)	5mo	$197,000	$146	55
248 Flowerwood Dr	1.69mi	3/2.0	1,442 (+4%)	7mo	$200,000	$139	53
250 Saskatoon Dr	0.33mi	3/2.5	1,307 (-6%)	26mo	$228,530	$175	52
925 Farnsworth Dr	2.03mi	3/2.0	1,674 (+20%)	5mo	$247,000	$148	36
112 Gatlin Dr	0.87mi	3/2.0	1,296 (-7%)	28mo	$200,000	$154	34
1062 Crescent Moon Loop	1.99mi	3/2.5	1,557 (+12%)	17mo	$252,000	$162	29
534 S Maney Ct	2.09mi	3/1.5	1,606 (+15%)	11mo	$203,010	$126	29
22 Sparta Ct	1.96mi	3/2.0	1,253 (-10%)	32mo	$215,000	$172	28
139 Myers Creek Dr	1.92mi	3/2.5	1,517 (+9%)	25mo	$229,000	$151	28
5 Cadet Ct	1.63mi	3/2.0	1,224 (-12%)	33mo	$182,000	$149	25
1057 Crescent Moon Loop	1.97mi	3/2.5	1,650 (+18%)	29mo	$239,000	$145	18
10 Cassia Ct	1.66mi	3/2.5	1,636 (+18%)	29mo	$100,000	$61	18

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: -21.5%
• Equity multiple: 0.26×
• Total profit: $-47,882
• Equity at exit: $34,294

10-year hold

• IRR: -15.1%
• Equity multiple: 0.14×
• Total profit: $-55,247
• Equity at exit: $19,886

Cash invested: $64,400 (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 →

Active competition Active MLS

• For sale now: 71 active · 45 under contract
• Median asking: $199,000 ($153/sqft)
• Median days on market: 98 d
• This list price: 58% 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 29061

• Home prices YoY: -22.8%
• Active inventory: 656
• Price-to-rent: 10.5×

Monthly cashflow live

• Estimated rent: $1,827 high
• Mortgage (P&I): −$1,206
• Tax est. 1.5%: −$288 /mo · $3,450/yr
• Insurance: −$96
• HOA: −$21
• Vacancy / Maint / Mgmt: −$384
• Net cashflow: $-167

Break-even live

Break-even rent $2,039

Max offer price $205,799

Occupancy floor —

Sensitivity live

Price	-10% $-8	-5% $-88	+0% $-167	+5% $-247	+10% $-326
Rent	-10% $-312	-5% $-239	+0% $-167	+5% $-95	+10% $-23
Rate	-1.0pp $-51	-0.5pp $-109	base $-167	+0.5pp $-227	+1.0pp $-287

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: $57,500
• Closing costs: $6,900
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
385 Saskatoon Dr Unit 385 Columbia, SC	3.0	2.0	1330	$2,000	$1.50	164d	1	0.28mi
342 Saskatoon Dr Hopkins, SC	3.0	2.0	1400	$1,849	$1.32	10d	1	0.29mi
331 Crooked Pine Ct Columbia, SC	4.0	2.5	1775	$2,083	$1.17	133d	1	0.29mi
6 Sawdust Ct Columbia, SC	3.0	2.5	1402	$1,850	$1.32	10d	1	0.34mi
417 Leaning Maple Way Hopkins, SC	4.0	2.5	1775	$2,083	$1.17	49d	1	0.35mi
315 Crooked Pine Ct Columbia, SC	4.0	2.5	1775	$2,133	$1.20	133d	1	0.37mi
241 Saskatoon Dr Hopkins, SC	4.0	2.5	1646	$1,949	$1.18	107d	1	0.39mi
3728 Baywater Dr Columbia, SC	3.0	1.0	1066	$1,395	$1.31	10d	1	0.40mi
302 Crooked Pine Ct Columbia, SC	3.0	2.0	1399	$1,883	$1.35	164d	1	0.44mi
1029 Bermuda Cedar Ln Hopkins, SC	3.0	2.0	1292	$2,250	$1.74	107d	1	0.44mi
3621 Baywater Dr Columbia, SC	3.0	1.0	1005	$1,425	$1.42	45d	1	0.48mi
3621 Baywater Dr Columbia, SC	3.0	1.0	1005	$1,425	$1.42	1d	1	0.48mi
3824 Lee Hills Dr Columbia, SC	3.0	2.0	1000	$1,550	$1.55	1d	1	0.49mi
209 Mayfair Dr Columbia, SC	3.0	1.0	1075	$1,250	$1.16	133d	1	0.50mi
321 Lingonberry Dr Hopkins, SC	4.0	3.0	1600	$1,899	$1.19	25d	1	0.51mi
201 Mayfair Dr Columbia, SC	3.0	1.0	1075	$1,295	$1.20	6d	1	0.51mi
305 Shoreditch Dr Columbia, SC	3.0	1.5	1378	$1,586	$1.15	160d	1	0.55mi
313 Shoreditch Dr Columbia, SC	3.0	1.5	1056	$1,775	$1.68	164d	1	0.57mi
313 Shoreditch Dr Columbia, SC	3.0	1.5	1056	$1,645	$1.56	0d	1	0.57mi
508 Bitternut Rd Columbia, SC	3.0	2.0	1066	$1,395	$1.31	41d	1	0.67mi
128 Crestmore Dr Columbia, SC	3.0	1.5	1032	$1,595	$1.55	50d	1	0.73mi
221 Ramblewood Dr Columbia, SC	3.0	2.0	1200	$1,475	$1.23	7d	1	0.73mi
217 Crestmore Dr Columbia, SC	3.0	1.5	1371	$1,350	$0.98	10d	1	0.75mi
101 Shagbark Ave Columbia, SC	3.0	1.0	1000	$1,295	$1.29	160d	1	0.75mi
304 Hickory Ridge Dr Columbia, SC	3.0	1.5	1077	$1,500	$1.39	10d	1	0.77mi
3904 Anwood Dr Columbia, SC	3.0	1.0	1027	$1,485	$1.45	13d	1	0.77mi
3904 Anwood Dr Columbia, SC	3.0	1.0	1027	$1,485	$1.45	10d	1	0.77mi
3801 Trotter Rd Columbia, SC	3.0	1.5	1374	$1,595	$1.16	133d	1	0.77mi
312 Hickory Ridge Dr Columbia, SC	3.0	1.5	1152	$1,385	$1.20	107d	1	0.79mi
213 Kingnut Dr Columbia, SC	3.0	2.0	1148	$1,595	$1.39	50d	1	0.81mi
612 Bitternut Rd Columbia, SC	3.0	1.0	1000	$1,331	$1.33	50d	1	0.82mi
429 Mockernut Ln Columbia, SC	3.0	1.0	1010	$1,250	$1.24	164d	1	0.86mi
3612 Kelford Dr Columbia, SC	3.0	2.0	1040	$1,525	$1.47	50d	1	0.91mi
247 Gusty Ln Hopkins, SC	3.0	1.5	1034	$1,350	$1.31	50d	1	0.95mi
247 Gusty Ln Hopkins, SC	3.0	1.5	1034	$1,350	$1.31	10d	1	0.95mi
329 Ovanta Rd Columbia, SC	3.0	1.5	1100	$1,200	$1.09	164d	1	0.99mi
440 Delahays Rd Columbia, SC	3.0	2.5	1704	$1,900	$1.12	155d	1	1.03mi
316 Ovanta Rd Columbia, SC	3.0	1.5	1148	$1,480	$1.29	10d	1	1.03mi
324 Sandbach Rd Columbia, SC	3.0	2.5	1704	$1,819	$1.07	107d	1	1.06mi
728 Bitternut Rd Columbia, SC	2.0	1.5	935	$1,100	$1.18	107d	1	1.07mi

Property features AI

Finance

• Other: Paved road accessLot number 354Approximately 0.16 acresDirections: from 378 take the lower Richland light towards Padgett St., then right into Canary Woods. Marbled Teal Ln is GPS friendly
• HOA & community: Association present

Exterior

• Parking: Attached 2-car garage
• Utilities: Public waterPublic sewer
• Home design: Single-family home (entry on main level)
• Construction: Slab foundation
• Exterior features: Stone and vinyl exterior

Interior

• Kitchen: Kitchen located on the main level
• Bedrooms: Master bedroom on the main levelSecond bedroom on the main levelThird bedroom on the main level
• Bathrooms: Two full bathrooms
• Heating & cooling: Central coolingCentral heating with gas pack
• Interior features: Family room on the main levelKitchen on the main level
• Laundry & utility: Washer/dryer on the main level

Listing history 50 events

1. 2026-11-08
   days on market $230,000 Active 34 DOM
2. 2026-11-07
   days on market $230,000 Active 33 DOM
3. 2026-11-06
   days on market $230,000 Active 32 DOM
4. 2026-11-05
   days on market $230,000 Active 31 DOM
5. 2026-11-04
   days on market $230,000 Active 30 DOM
6. 2026-11-02
   days on market $230,000 Active 28 DOM
7. 2026-11-01
   days on market $230,000 Active 27 DOM
8. 2026-10-31
   days on market $230,000 Active 26 DOM
9. 2026-10-30
   days on market $230,000 Active 25 DOM
10. 2026-10-29
    pricedays on market $230,000 Active 24 DOM
11. 2026-10-28
    days on market $246,900 Active 23 DOM
12. 2026-10-27
    days on market $246,900 Active 22 DOM
13. 2026-10-26
    days on market $246,900 Active 21 DOM
14. 2026-10-26
    days on market $246,900 Active 20 DOM
15. 2026-10-24
    days on market $246,900 Active 19 DOM
16. 2026-10-23
    days on market $246,900 Active 18 DOM
17. 2026-10-22
    days on market $246,900 Active 17 DOM
18. 2026-10-21
    days on market $246,900 Active 16 DOM
19. 2026-10-20
    days on market $246,900 Active 15 DOM
20. 2026-10-19
    days on market $246,900 Active 14 DOM
21. 2026-10-18
    days on market $246,900 Active 13 DOM
22. 2026-10-17
    days on market $246,900 Active 12 DOM
23. 2026-10-16
    days on market $246,900 Active 11 DOM
24. 2026-10-15
    days on market $246,900 Active 10 DOM
25. 2026-10-14
    days on market $246,900 Active 9 DOM
26. 2026-10-13
    days on market $246,900 Active 8 DOM
27. 2026-10-13
    price $246,900 Active 7 DOM
28. 2026-10-12
    days on market $243,163 Active 7 DOM
29. 2026-10-11
    days on market $243,163 Active 6 DOM
30. 2026-10-10
    days on market $243,163 Active 5 DOM
31. 2026-10-09
    days on market $243,163 Active 4 DOM
32. 2026-10-08
    days on market $243,163 Active 3 DOM
33. 2026-10-07
    days on market $243,163 Active 2 DOM
34. 2026-10-05
    status $243,163 Active 1 DOM
35. 2026-07-02
    statusdays on marketlisting id $243,163 Pending 1 DOM
36. 2026-07-01
    days on market $243,163 Active 41 DOM
37. 2026-07-01
    price $243,163 Active 40 DOM
38. 2026-06-30
    days on market $241,990 Active 40 DOM
39. 2026-06-29
    days on market $241,990 Active 39 DOM
40. 2026-06-28
    days on market $241,990 Active 38 DOM
41. 2026-06-28
    days on market $241,990 Active 37 DOM
42. 2026-06-27
    days on market $241,990 Active 36 DOM
43. 2026-06-25
    days on market $241,990 Active 34 DOM
44. 2026-06-23
    days on market $241,990 Active 32 DOM
45. 2026-06-21
    days on market $241,990 Active 31 DOM
46. 2026-06-18
    days on market $241,990 Active 28 DOM
47. 2026-06-17
    days on market $241,990 Active 27 DOM
48. 2026-06-16
    days on market $241,990 Active 26 DOM
49. 2026-06-15
    days on market $241,990 Active 25 DOM
50. 2026-06-14
    days on market $241,990 Active 23 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: $21,922
• − Mortgage interest: −$12,884
• − Property taxes: −$3,450
• − Insurance: −$1,150
• − Repairs & maintenance: −$1,754
• − Management: −$1,754
• − HOA: −$252
• − Depreciation: −$6,691
• Taxable loss: −$6,012
• Est. tax savings @ 24.0%: +$1,443
• After-tax cash flow: $-564/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 · 30 photos

Good 85/100 None rehab

This single-story home in Canary Woods offers a modern design with contemporary finishes and energy-efficient features, making it move-in ready and well-suited for both resale and rental markets.

Value-add opportunities

• Both Landscaping and curb appeal improvements — Enhances the home's curb appeal and can attract more buyers or renters. ↑
• Both Painting interior walls — Fresh paint can make the home feel more inviting and can increase its value. ↑
• Both Landscaping and curb appeal improvements — Enhances the home's curb appeal and can attract more buyers or renters. ↑

F Composite school gradezoned avg 21/100

Zoned Schools

Elementary Horrell Hill Elementary F SC #515/597 Nat'l #35,191/41,679 Middle Hopkins Middle F SC #213/229 Nat'l #13,022/14,009 High Lower Richland High F SC #185/196 Nat'l #9,612/17,239

Schools (NCES district)

• District: Richland 01
• NCES district ID: 4503360
• Math proficiency: 26% ▼ -7.00%
• Reading proficiency: 36% ▼ -5.00%
• Median HH income: $38,931
• Composite: 25.94/100
• National rank: #7335
• State rank: #54 of 80 in SC

B Composite livability gradescore 78/100

Livability — Columbia

• Score: 78/100
• State rank: #18
• US rank: #2436

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Columbia, SC
• County: Richland County · 459,667 people
• City population: 335,994
• Metro: Columbia, SC
• Population (ZIP): 12,538
• Household income: $60,307
• Rent vs Own: 19.1% rent · 80.9% own
• Severe rent burden: 5% of renters

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Population outlook (Richland County) Hauer SSP2

• Today (2025): 459,667 people
• By 2030: 487,524 · +6.1%
• By 2040: 542,035 · +17.9%
• By 2050: 595,371 · +29.5%
• By 2075: 732,998 · +59.5%
• By 2100: 820,415 · +78.5%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (68%)
• Race & ethnicity: Black 68% White 23% Two or more races 6% Hispanic / Latino 4%
• Languages at home: 96% English-only · Spanish 3%

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Political lean MEDSL · Richland

• 2024 margin: Solid D (+34.6) · D 66.4% · R 31.8% · Other 1.8%
• 2008→2024 swing: +5.7pp toward D · 2008: 28.9pp · 2024: 34.6pp
• All cycles: 2024: D+34.6 2020: D+38.3 2016: D+32.9 2012: D+33.3 2008: D+28.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -57.44%
• Current HPI: 194.8986
• Rent YoY: —
• Metro: Columbia, SC
• State GDP YoY: ▲ 4.51%
• F500 in state: 2

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Industry mix (Fortune 500 HQ in SC)

Industry	F500 HQs	Revenue
▸Packaging	1	$7B

Property features AI

Finance

• Other: Paved road accessLot number 354Approximately 0.16 acresDirections: from 378 take the lower Richland light towards Padgett St., then right into Canary Woods. Marbled Teal Ln is GPS friendly
• HOA & community: Association present

Exterior

• Parking: Attached 2-car garage
• Utilities: Public waterPublic sewer
• Home design: Single-family home (entry on main level)
• Construction: Slab foundation
• Exterior features: Stone and vinyl exterior

Interior

• Kitchen: Kitchen located on the main level
• Bedrooms: Master bedroom on the main levelSecond bedroom on the main levelThird bedroom on the main level
• Bathrooms: Two full bathrooms
• Heating & cooling: Central coolingCentral heating with gas pack
• Interior features: Family room on the main levelKitchen on the main level
• Laundry & utility: Washer/dryer on the main level

Price history

+0.5% since first listed

5 events — show timeline

• 2026-07-02 Pending — Consolidated MLS
• 2026-07-02 Delisted — Consolidated MLS
• 2026-07-02 Listed $243,163 Consolidated MLS
• 2026-07-01 Price Changed $243,163 Consolidated MLS
• 2026-05-21 Listed $241,990 Consolidated MLS