102 Olivarri Dr · Anderson, SC 29621-0343

$239,000

3 bd · 3.0 ba · 2,011 sqft · Other public records · 49 Days on market

Built 1965 1.00 ac lot

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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 +17.0/30.0
• ARV discount +7.5/15.0
• DSCR +5.3/10.0
• Appreciation +5.0/10.0
• Schools +3.9/10.0
• 1% rule +3.4/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Three is the magic number! Three separate living spaces! This home is designed for him to entertain, her to entertain and the kids to have their own space, too. There are also three full bathrooms and three bedrooms. The yard has generous space to run and play with the family and pets or just relax on the spacious deck and watch the leaves change colors. Close to everything except the neighbors, this home has the charm of an established neighborhood. Minutes from downtown or grocery shopping, this home offers the opportunity to enjoy a quiet neighborhood, without the dread of an HOA. Don't miss the opportunity to see this home full of possibilities.

Key facts

• Spacious deck
• Quiet neighborhood
• 1 acre lot

Tags

• THREE SEPARATE LIVING SPACES
• SPACIOUS DECK
• QUIET NEIGHBORHOOD

Property features AI

Finance

• Other: Lead-based paint and residential property disclosures required
• HOA & community: No HOA fees or community amenities

Exterior

• Parking: Side/rear entry driveway; Paved asphalt driveway; No garage
• Utilities: Public water; Electric water heater; Septic sewer; Private garbage pickup
• Home design: Single-story home; Built circa 1965; Attic storage; Crawl space foundation; Brick veneer (full) exterior; Composition shingle roof
• Construction: Built in 1965; Brick veneer exterior; Composition shingle roof; Crawl space foundation
• Exterior features: Deck; Sloped gently lot with some trees

Interior

• Kitchen: Kitchen approx. 8 x 12; Built-in microwave; Stand-alone electric range
• Bedrooms: Three bedrooms on the main level; Primary bedroom with full bath (primary on main level); Primary bedroom approx. 16 x 11; Second bedroom approx. 11 x 11; Third bedroom approx. 13 x 11
• Flooring: Carpet; Laminate flooring; Luxury vinyl tile/plank
• Bathrooms: Three full bathrooms (all on main level)
• Heating & cooling: Heat pump (heating and cooling)
• Interior features: Attic stairs (disappearing); Ceiling fans; Laminate countertops; One masonry fireplace with gas logs; Bonus/rec room
• Laundry & utility: First-floor walk-in laundry

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath other listed at $239k.

Deal economics

• At list price, monthly cash flow is $160 ($2k/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 $200k (16.2% below list).
• Recommended offer: $200k (16.2% below list) — sets the bar for 1% rule.
• Cap rate 7.1% vs local median 3.3% in Anderson — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 67/100 on livability (#98 in SC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing B+; Watch: amenities C-, crime F, commute F.
• Anderson 05 (suburban): math 44% / reading 49% proficiency, ranked #20 of 80 in SC (top 25%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Calhoun Academy of The Arts (math 41% / reading 37%, grade F, #301 of 597 statewide, top 51%, 473 students, 100% FRL) — zoned schools average 100% FRL vs 52% district-wide (48 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 1 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 1,255 units permitted in Anderson County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $9k of equity ($2k loan paydown + $7k appreciation (3.0% local appreciation)).
• Anderson County population projected at +14% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $67k cash investment doubles in ~6 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$38k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 49 days — a 3% lower offer ($232k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 8y 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 $140k; list at $239k implies a 71% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $200,231 (16.2% below list)

Questions for the listing agent

1. It's been on market 49 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
2. Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 0.84% ✗
• Cap rate: 7.10%
• Cash-on-cash: 2.87%
• DSCR: 1.13
• GRM: 9.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 10.1%
• Equity multiple: 1.58×
• Total profit: $38,861
• Equity at exit: $107,465

10-year hold

• IRR: 12.4%
• Equity multiple: 2.85×
• Total profit: $123,959
• Equity at exit: $165,616

Cash invested: $66,920 (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 29621-0343

• Active inventory: 1
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $2,002 medium
• Mortgage (P&I): −$1,253
• Tax from tax record: −$69 /mo · $829/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$420
• Net cashflow: $160

Break-even live

Break-even rent $1,800

Max offer price $239,000

Occupancy floor 87%

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: $59,750
• Closing costs: $7,170
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
102 Riggins Ln Anderson, SC	2.0	2.0	2000	$2,000	$1.00	24d	1	0.73mi
1416 Hilltop Dr Anderson, SC	3.0	2.0	1554	$2,050	$1.32	14d	1	1.16mi
305 Cedar Rdg Anderson, SC	3.0	2.5	1603	$1,745	$1.09	3d	1	1.31mi
207 Green Valley Rd Anderson, SC	4.0	2.5	2691	$2,250	$0.84	3d	1	1.45mi

Listing history 29 events

1. 2026-06-18
   days on market $239,000 Active 49 DOM
2. 2026-06-17
   price $239,000 Active 48 DOM
3. 2026-06-17
   days on market $249,900 Active 48 DOM
4. 2026-06-16
   days on market $249,900 Active 47 DOM
5. 2026-06-15
   days on market $249,900 Active 46 DOM
6. 2026-06-13
   days on market $249,900 Active 44 DOM
7. 2026-06-10
   days on market $249,900 Active 41 DOM
8. 2026-06-09
   days on market $249,900 Active 40 DOM
9. 2026-06-08
   days on market $249,900 Active 39 DOM
10. 2026-06-07
    days on market $249,900 Active 38 DOM
11. 2026-06-05
    days on market $249,900 Active 35 DOM
12. 2026-06-03
    days on market $249,900 Active 34 DOM
13. 2026-06-03
    days on market $249,900 Active 33 DOM
14. 2026-06-01
    days on market $249,900 Active 32 DOM
15. 2026-05-31
    days on market $249,900 Active 31 DOM
16. 2026-05-21
    price $249,900
17. 2026-04-28
    listed $249,000 Active
18. 2026-03-24
    price $249,900 657-char remark

    Show marketing remark (657 chars)

    Three is the magic number! Three separate living spaces! This home is designed for him to entertain, her to entertain and the kids to have their own space, too. There are also three full bathrooms and three bedrooms. The yard has generous space to run and play with the family and pets or just relax on the spacious deck and watch the leaves change colors. Close to everything except the neighbors, this home has the charm of an established neighborhood. Minutes from downtown or grocery shopping, this home offers the opportunity to enjoy a quiet neighborhood, without the dread of an HOA. Don't miss the opportunity to see this home full of possibilities.

19. 2026-02-08
    status Active 657-char remark

    Show marketing remark (657 chars)

    Three is the magic number! Three separate living spaces! This home is designed for him to entertain, her to entertain and the kids to have their own space, too. There are also three full bathrooms and three bedrooms. The yard has generous space to run and play with the family and pets or just relax on the spacious deck and watch the leaves change colors. Close to everything except the neighbors, this home has the charm of an established neighborhood. Minutes from downtown or grocery shopping, this home offers the opportunity to enjoy a quiet neighborhood, without the dread of an HOA. Don't miss the opportunity to see this home full of possibilities.

20. 2026-02-08
    price $269,000 657-char remark

    Show marketing remark (657 chars)

    Three is the magic number! Three separate living spaces! This home is designed for him to entertain, her to entertain and the kids to have their own space, too. There are also three full bathrooms and three bedrooms. The yard has generous space to run and play with the family and pets or just relax on the spacious deck and watch the leaves change colors. Close to everything except the neighbors, this home has the charm of an established neighborhood. Minutes from downtown or grocery shopping, this home offers the opportunity to enjoy a quiet neighborhood, without the dread of an HOA. Don't miss the opportunity to see this home full of possibilities.

21. 2025-11-14
    price $279,000 657-char remark

    Show marketing remark (657 chars)

    Three is the magic number! Three separate living spaces! This home is designed for him to entertain, her to entertain and the kids to have their own space, too. There are also three full bathrooms and three bedrooms. The yard has generous space to run and play with the family and pets or just relax on the spacious deck and watch the leaves change colors. Close to everything except the neighbors, this home has the charm of an established neighborhood. Minutes from downtown or grocery shopping, this home offers the opportunity to enjoy a quiet neighborhood, without the dread of an HOA. Don't miss the opportunity to see this home full of possibilities.

22. 2025-11-06
    price $289,000 657-char remark

    Show marketing remark (657 chars)

    Three is the magic number! Three separate living spaces! This home is designed for him to entertain, her to entertain and the kids to have their own space, too. There are also three full bathrooms and three bedrooms. The yard has generous space to run and play with the family and pets or just relax on the spacious deck and watch the leaves change colors. Close to everything except the neighbors, this home has the charm of an established neighborhood. Minutes from downtown or grocery shopping, this home offers the opportunity to enjoy a quiet neighborhood, without the dread of an HOA. Don't miss the opportunity to see this home full of possibilities.

23. 2025-10-21
    listed $299,000 Active 657-char remark

    Show marketing remark (657 chars)

    Three is the magic number! Three separate living spaces! This home is designed for him to entertain, her to entertain and the kids to have their own space, too. There are also three full bathrooms and three bedrooms. The yard has generous space to run and play with the family and pets or just relax on the spacious deck and watch the leaves change colors. Close to everything except the neighbors, this home has the charm of an established neighborhood. Minutes from downtown or grocery shopping, this home offers the opportunity to enjoy a quiet neighborhood, without the dread of an HOA. Don't miss the opportunity to see this home full of possibilities.

24. 2019-03-08
    soldstatus $140,000 Sold 792-char remark

    Show marketing remark (792 chars)

    Brick home with approximately 1,900 sqft featuring 3 bedrooms and 3 full bathrooms. This beautiful home is situated on a large shaded lot in the Dobbins Estate subdivision just off of Old Williamston Road. The owner has taken great care in the maintenance of the home. The roof and rain-guard gutter system were replaced in 2015. The garage has been enclosed to offer a bonus room and is currently being used as a family room. This room could also be used as a guest room since it has a separate full bath. Central heat and air, as well as a vented fireplace with gas logs ready for this winter. To the rear of the home you have a large deck great for grilling and relaxing outdoors. Home is ready to occupy or you may elect to modernize this well-built home to maximize your enjoyment first.

25. 2019-02-04
    status Pending 792-char remark

    Show marketing remark (792 chars)

    Brick home with approximately 1,900 sqft featuring 3 bedrooms and 3 full bathrooms. This beautiful home is situated on a large shaded lot in the Dobbins Estate subdivision just off of Old Williamston Road. The owner has taken great care in the maintenance of the home. The roof and rain-guard gutter system were replaced in 2015. The garage has been enclosed to offer a bonus room and is currently being used as a family room. This room could also be used as a guest room since it has a separate full bath. Central heat and air, as well as a vented fireplace with gas logs ready for this winter. To the rear of the home you have a large deck great for grilling and relaxing outdoors. Home is ready to occupy or you may elect to modernize this well-built home to maximize your enjoyment first.

26. 2019-01-03
    status Active 792-char remark

    Show marketing remark (792 chars)

    Brick home with approximately 1,900 sqft featuring 3 bedrooms and 3 full bathrooms. This beautiful home is situated on a large shaded lot in the Dobbins Estate subdivision just off of Old Williamston Road. The owner has taken great care in the maintenance of the home. The roof and rain-guard gutter system were replaced in 2015. The garage has been enclosed to offer a bonus room and is currently being used as a family room. This room could also be used as a guest room since it has a separate full bath. Central heat and air, as well as a vented fireplace with gas logs ready for this winter. To the rear of the home you have a large deck great for grilling and relaxing outdoors. Home is ready to occupy or you may elect to modernize this well-built home to maximize your enjoyment first.

27. 2018-12-31
    historical 792-char remark

    Show marketing remark (792 chars)

    Brick home with approximately 1,900 sqft featuring 3 bedrooms and 3 full bathrooms. This beautiful home is situated on a large shaded lot in the Dobbins Estate subdivision just off of Old Williamston Road. The owner has taken great care in the maintenance of the home. The roof and rain-guard gutter system were replaced in 2015. The garage has been enclosed to offer a bonus room and is currently being used as a family room. This room could also be used as a guest room since it has a separate full bath. Central heat and air, as well as a vented fireplace with gas logs ready for this winter. To the rear of the home you have a large deck great for grilling and relaxing outdoors. Home is ready to occupy or you may elect to modernize this well-built home to maximize your enjoyment first.

28. 2018-11-15
    price $159,900 792-char remark

    Show marketing remark (792 chars)

    Brick home with approximately 1,900 sqft featuring 3 bedrooms and 3 full bathrooms. This beautiful home is situated on a large shaded lot in the Dobbins Estate subdivision just off of Old Williamston Road. The owner has taken great care in the maintenance of the home. The roof and rain-guard gutter system were replaced in 2015. The garage has been enclosed to offer a bonus room and is currently being used as a family room. This room could also be used as a guest room since it has a separate full bath. Central heat and air, as well as a vented fireplace with gas logs ready for this winter. To the rear of the home you have a large deck great for grilling and relaxing outdoors. Home is ready to occupy or you may elect to modernize this well-built home to maximize your enjoyment first.

29. 2018-10-01
    listed $169,900 Active 792-char remark

    Show marketing remark (792 chars)

    Brick home with approximately 1,900 sqft featuring 3 bedrooms and 3 full bathrooms. This beautiful home is situated on a large shaded lot in the Dobbins Estate subdivision just off of Old Williamston Road. The owner has taken great care in the maintenance of the home. The roof and rain-guard gutter system were replaced in 2015. The garage has been enclosed to offer a bonus room and is currently being used as a family room. This room could also be used as a guest room since it has a separate full bath. Central heat and air, as well as a vented fireplace with gas logs ready for this winter. To the rear of the home you have a large deck great for grilling and relaxing outdoors. Home is ready to occupy or you may elect to modernize this well-built home to maximize your enjoyment first.

ⓘ 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: $829 · $69/mo
• Projected year-2 tax: $1,362 · $114/mo
• Expected delta: +$534/yr (+$44/mo · 64.4%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥106°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 4% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,028
• − Mortgage interest: −$13,388
• − Property taxes: −$829
• − Insurance: −$1,195
• − Repairs & maintenance: −$1,922
• − Management: −$1,922
• − Depreciation: −$6,953
• Taxable loss: −$2,181
• Est. tax savings @ 24.0%: +$523
• After-tax cash flow: $2,442/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: Anderson 05
• NCES district ID: 4500900
• Math proficiency: 44% ▼ -4.00%
• Reading proficiency: 49% ▲ 2.00%
• Median HH income: $39,718
• Composite: 38.89/100
• National rank: #4098
• State rank: #20 of 80 in SC

Livability — Anderson

• Score: 67/100
• State rank: #98
• US rank: #10772

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

No demographic data for this ZIP.

Market trends

• HPI YoY: —
• Current HPI: —
• 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

Price history

+47.1% since first listed

14 events — show timeline

• 2026-05-21 Price Changed $249,900 Greater Greenville MLS
• 2026-04-28 Listed $249,000 Greater Greenville MLS
• 2026-03-24 Price Changed $249,900 WUMLS
• 2026-02-08 Relisted — WUMLS
• 2026-02-08 Price Changed $269,000 WUMLS
• 2025-11-14 Price Changed $279,000 WUMLS
• 2025-11-06 Price Changed $289,000 WUMLS
• 2025-10-21 Listed $299,000 WUMLS
• 2019-03-08 Sold (MLS) $140,000 WUMLS
• 2019-02-04 Pending — WUMLS
• 2019-01-03 Relisted — WUMLS
• 2018-12-31 Listing Removed — WUMLS
• 2018-11-15 Price Changed $159,900 WUMLS
• 2018-10-01 Listed $169,900 WUMLS

Property tax history

+5.8%/yr

Latest (2025): $829 · -73.5% YoY. Source: county tax records.