105 Wye St · Prosperity, SC 29127

$159,500

3 bd · 1.5 ba · 896 sqft · Other public records · 60 Days on market

Built 1930 6,534 sqft 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 +27.3/30.0
• DSCR +9.5/10.0
• ARV discount +7.5/15.0
• 1% rule +6.5/10.0
• Livability +3.6/5.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to 105 Wye St, Prosperity, SC 29127! This charming single-family home is nestled in the heart of Prosperity, offering a perfect blend of small-town tranquility and modern convenience. Step inside to discover the living area filled with natural light, a cozy kitchen ready for your culinary adventures, and comfortable bedrooms designed for relaxation. Located just minutes from downtown Prosperity, you’ll have easy access to local favorites like Roma’s House of Pizza, Shealy’s Bar-B-Que, and the Prosperity Drug Company. The nearby Prosperity Town Park offers green spaces for recreation, while the close proximity to US-76 makes commuting a breeze. Whether you’re

Key facts

• Cozy kitchen
• Comfortable bedrooms
• Downtown prosperity

Tags

• COZY KITCHEN
• COMFORTABLE BEDROOMS
• DOWNTOWN PROSPERITY
• CLOSE PROXIMITY TO US-76

Property features AI

Exterior

• Parking: 2 parking spaces
• Utilities: Public water; Public sewer
• Home design: Single-story home
• Construction: Crawlspace foundation
• Exterior features: Wood exterior finish; Paved road access

Interior

• Kitchen: Eat-in kitchen; Formica countertops; Laminate flooring; Smooth-surface range; Dishwasher
• Bedrooms: Master bedroom on main level with ceiling fan and private closet; Bedroom 2 on main level with ceiling fan and private closet; Bedroom 3 on main level with ceiling fan and private closet
• Flooring: Laminate floors in bedrooms and living areas
• Bathrooms: One full bathroom
• Heating & cooling: Electric heating; Split-system heating and cooling
• Interior features: Laminate flooring throughout main living areas; Eat-in kitchen with Formica countertops; Smooth-surface range; Dishwasher
• Laundry & utility: Mud room laundry

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath other listed at $160k.

Deal economics

• At list price, monthly cash flow is $459 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $160k).
• Recommended offer: $155k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 71/100 on livability (#48 in SC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing B+; Watch: employment D+, amenities F, commute F.
• Newberry 01 (rural): math 32% / reading 40% proficiency, ranked #40 of 80 in SC (top 50%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 60% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Mid-Carolina High (math 67% / reading 89%, grade A-, #27 of 196 statewide, top 13%, 723 students, 60% FRL) — zoned schools at 60% FRL track the district average.
• Zoned-school proficiency averages 78% at this address vs 36% district-wide (+42 pts) — the actual schools serving this property are materially stronger than the Newberry 01 average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: 154 active listings in the ZIP; 155 units permitted in Newberry County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Newberry County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $45k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 60 days — a 3% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 4y 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.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 49% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $154,715 (3.0% below list)

Questions for the listing agent

1. It's been on market 60 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1930 — 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. 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: 1.15% ✓
• Cap rate: 9.75%
• Cash-on-cash: 12.34%
• DSCR: 1.55
• GRM: 7.2

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: 2.0%
• Equity multiple: 1.08×
• Total profit: $3,361
• Equity at exit: $23,782

10-year hold

• IRR: 11.5%
• Equity multiple: 1.91×
• Total profit: $40,427
• Equity at exit: $13,791

Cash invested: $44,660 (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 29127

• Home prices YoY: -33.4%
• Active inventory: 154
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $1,839 medium
• Mortgage (P&I): −$836
• Tax from tax record: −$90 /mo · $1,084/yr
• Insurance: −$66
• HOA: −$0
• Vacancy / Maint / Mgmt: −$386
• Net cashflow: $459

Break-even live

Break-even rent $1,257

Max offer price $159,500

Occupancy floor 70%

Sensitivity live

Price	-10% $549	-5% $504	+0% $459	+5% $414	+10% $369
Rent	-10% $314	-5% $387	+0% $459	+5% $532	+10% $604
Rate	-1.0pp $540	-0.5pp $500	base $459	+0.5pp $418	+1.0pp $376

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: $39,875
• Closing costs: $4,785
• Reserves months: —
• Total cash needed: —

Listing history 32 events

1. 2026-06-21
   days on market $159,500 Active 60 DOM
2. 2026-06-18
   days on market $159,500 Active 57 DOM
3. 2026-06-17
   days on market $159,500 Active 56 DOM
4. 2026-06-16
   days on market $159,500 Active 55 DOM
5. 2026-06-15
   days on market $159,500 Active 54 DOM
6. 2026-06-14
   days on market $159,500 Active 52 DOM
7. 2026-06-13
   days on market $159,500 Active 51 DOM
8. 2026-06-09
   days on market $159,500 Active 48 DOM
9. 2026-06-08
   days on market $159,500 Active 47 DOM
10. 2026-06-07
    days on market $159,500 Active 46 DOM
11. 2026-06-05
    days on market $159,500 Active 43 DOM
12. 2026-06-03
    days on market $159,500 Active 42 DOM
13. 2026-06-03
    days on market $159,500 Active 41 DOM
14. 2026-06-01
    days on market $159,500 Active 40 DOM
15. 2026-05-31
    days on market $159,500 Active 39 DOM
16. 2026-04-22
    price $160,000
17. 2026-04-22
    listed $161,000 Active
18. 2026-01-18
    listed $161,000 Active
19. 2025-12-14
    historical
20. 2025-12-10
    price $161,100
21. 2025-12-03
    price $161,000
22. 2025-11-16
    price $162,000
23. 2025-09-19
    price $165,000
24. 2025-09-08
    price $169,000
25. 2025-06-24
    listed $179,000 Active
26. 2023-02-09
    soldstatus $150,000 Sold
27. 2023-02-09
    soldstatus $150,000
28. 2023-01-16
    historical Contingency Contract
29. 2022-12-11
    status Active
30. 2022-12-01
    historical Contingency Contract
31. 2022-10-01
    listed $155,000 Active
32. 2004-02-12
    soldstatus $19,000

ⓘ 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: $1,084 · $90/mo
• Projected year-2 tax: $1,084 · $90/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥106°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 49% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,062
• − Mortgage interest: −$8,934
• − Property taxes: −$1,084
• − Insurance: −$798
• − Repairs & maintenance: −$1,765
• − Management: −$1,765
• − Depreciation: −$4,640
• Taxable income: $3,076
• Est. tax owed @ 24.0%: −$738
• After-tax cash flow: $4,772/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: Newberry 01
• NCES district ID: 4503030
• Math proficiency: 32% ▼ -12.00%
• Reading proficiency: 40% ▼ -1.00%
• Median HH income: $40,892
• Composite: 30.28/100
• National rank: #6282
• State rank: #40 of 80 in SC

Livability — Prosperity

• Score: 71/100
• State rank: #48
• US rank: #6895

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Prosperity, SC
• Population (ZIP): 9,215

Population outlook (Newberry County) Hauer SSP2

• Today (2025): 38,350 people
• By 2030: 38,259 · -0.2%
• By 2040: 37,487 · -2.3%
• By 2050: 36,219 · -5.6%
• By 2075: 32,400 · -15.5%
• By 2100: 27,201 · -29.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (72%)
• Race & ethnicity: White 72% Black 24% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Serbian 2% Slovak 1% Romanian 1%
• Foreign-born: 1% · Canada, Guatemala
• Languages at home: 98% English-only · Spanish 2%

Political lean MEDSL · Newberry

• 2024 margin: Solid R (+34.3) · D 32.2% · R 66.6% · Other 1.2%
• 2008→2024 swing: -16.8pp toward R · 2008: -17.6pp · 2024: -34.3pp
• All cycles: 2024: R+34.3 2020: R+24.1 2016: R+22.6 2012: R+14.3 2008: R+17.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -102.95%
• Current HPI: 205.2888
• 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

+742.1% since first listed

17 events — show timeline

• 2026-04-22 Price Changed $160,000 Consolidated MLS
• 2026-04-22 Listed $161,000 Consolidated MLS
• 2026-01-18 Listed $161,000 Consolidated MLS
• 2025-12-14 Delisted — Consolidated MLS
• 2025-12-10 Price Changed $161,100 Consolidated MLS
• 2025-12-03 Price Changed $161,000 Consolidated MLS
• 2025-11-16 Price Changed $162,000 Consolidated MLS
• 2025-09-19 Price Changed $165,000 Consolidated MLS
• 2025-09-08 Price Changed $169,000 Consolidated MLS
• 2025-06-24 Listed $179,000 Consolidated MLS
• 2023-02-09 Sold (Public Records) $150,000 Public Records
• 2023-02-09 Sold (MLS) $150,000 Greater Greenville MLS
• 2023-01-16 Contingent — Greater Greenville MLS
• 2022-12-11 Relisted — Greater Greenville MLS
• 2022-12-01 Contingent — Greater Greenville MLS
• 2022-10-01 Listed $155,000 Greater Greenville MLS
• 2004-02-12 Sold (Public Records) $19,000 Public Records

Property tax history

+6.0%/yr

Latest (2025): $1,084 · -59.0% YoY. Source: county tax records.