200 Lands End Rd · Walterboro, SC 29488

$239,000

3 bd · 2.0 ba · 1,317 sqft · SingleFamily public records · 33 Days on market

Built 1955

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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 +22.6/30.0
• ARV discount +7.5/15.0
• DSCR +7.2/10.0
• 1% rule +4.7/10.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This home is located in the desirable Forest Hills Neighborhood and is close to the park, school, restaurants, and shopping. When entering the home you are greeted by a living/dining room combo that features crown molding, hardwood floors, and a fireplace. Enjoy your evenings sitting out back around the fire pit with friends and family! Don't miss out on this home! It will NOT last long.

Key facts

• Utility room
• Close to the park
• Detached garage

Tags

• FOREST HILLS NEIGHBORHOOD
• CLOSE TO THE PARK
• FULLY FENCED BACKYARD
• DETACHED GARAGE
• UTILITY ROOM

Property features AI

Finance

• HOA & community: Community amenities include tennis courts, trash service, and walk/jog trails; Senior community

Exterior

• Parking: Off-street parking
• Utilities: Public sewer; City of Walterboro utilities; Dominion Energy
• Home design: Single-family detached home; One story; Ground-level entry; Residential property
• Construction: Architectural roof
• Exterior features: Privacy wood fencing; Storage building; Workshop

Interior

• Kitchen: Electric range; Refrigerator
• Bedrooms: 3 bedrooms; Primary bedroom on lower level with ceiling fan and multiple closets
• Flooring: Wood flooring
• Bathrooms: 2 bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Smooth ceilings; Ceiling fans; Living/dining combo; Utility room
• Laundry & utility: Laundry room with washer hookup and electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $239k.

Deal economics

• At list price, monthly cash flow is $406 ($5k/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 $231k (3.1% below list).
• Recommended offer: $231k (3.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 57/100 on livability (#269 in SC) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, health & safety A+, housing A-; Watch: crime F, amenities F, commute F.
• Colleton 01 (rural): math 13% / reading 28% proficiency, ranked #69 of 80 in SC (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Forest Hills Elementary (math 17% / reading 24%, grade F, #490 of 597 statewide, top 82%, 469 students, 100% FRL); Colleton County Middle (math 8% / reading 18%, grade F, #210 of 229 statewide, top 93%, 1,121 students, 100% FRL); Colleton County High (math 28% / reading 80%, grade C-, #137 of 196 statewide, top 70%, 1,497 students, 100% FRL) — zoned schools average 100% FRL vs 69% district-wide (31 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 223 active listings in the ZIP; 50 units permitted in Colleton County in 2024 (0 in 5+ unit buildings).

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.
• Colleton County population projected at -28% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 33 days — a 3% lower offer ($232k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 13y 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 $95k; list at $239k implies a 152% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; moderate 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 $231,496 (3.1% below list)

Questions for the listing agent

1. It's been on market 33 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 1955 — 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 F-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: 0.97% ✗
• Cap rate: 8.33%
• Cash-on-cash: 7.28%
• DSCR: 1.32
• GRM: 8.6

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: -5.2%
• Equity multiple: 0.81×
• Total profit: $-12,965
• Equity at exit: $35,636

10-year hold

• IRR: 4.4%
• Equity multiple: 1.32×
• Total profit: $21,591
• Equity at exit: $20,664

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 29488

• Home prices YoY: -33.6%
• Active inventory: 223
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $2,315 medium
• Mortgage (P&I): −$1,253
• Tax from tax record: −$70 /mo · $837/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$486
• Net cashflow: $406

Break-even live

Break-even rent $1,801

Max offer price $239,000

Occupancy floor 77%

Sensitivity live

Price	-10% $541	-5% $474	+0% $406	+5% $339	+10% $271
Rent	-10% $223	-5% $315	+0% $406	+5% $498	+10% $589
Rate	-1.0pp $527	-0.5pp $467	base $406	+0.5pp $344	+1.0pp $281

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: —

Listing history 24 events

1. 2026-06-21
   days on market $239,000 Active 33 DOM
2. 2026-06-21
   days on market $239,000 Active 32 DOM
3. 2026-06-18
   days on market $239,000 Active 30 DOM
4. 2026-06-17
   days on market $239,000 Active 29 DOM
5. 2026-06-16
   days on market $239,000 Active 28 DOM
6. 2026-06-15
   days on market $239,000 Active 27 DOM
7. 2026-06-13
   days on market $239,000 Active 25 DOM
8. 2026-06-12
   days on market $239,000 Active 24 DOM
9. 2026-06-09
   days on market $239,000 Active 21 DOM
10. 2026-06-08
    days on market $239,000 Active 20 DOM
11. 2026-06-08
    pricedays on market $239,000 Active 19 DOM
12. 2026-06-04
    days on market $249,000 Active 15 DOM
13. 2026-06-02
    days on market $249,000 Active 14 DOM
14. 2026-06-01
    days on market $249,000 Active 13 DOM
15. 2026-05-31
    days on market $249,000 Active 12 DOM
16. 2026-05-19
    listed $249,000 Active
17. 2016-03-31
    soldstatus $95,000 Closed 390-char remark

    Show marketing remark (390 chars)

    This home is located in the desirable Forest Hills Neighborhood and is close to the park, school, restaurants, and shopping. When entering the home you are greeted by a living/dining room combo that features crown molding, hardwood floors, and a fireplace. Enjoy your evenings sitting out back around the fire pit with friends and family! Don't miss out on this home! It will NOT last long.

18. 2016-03-31
    soldstatus $95,000

    Show marketing remark (390 chars)

    This home is located in the desirable Forest Hills Neighborhood and is close to the park, school, restaurants, and shopping. When entering the home you are greeted by a living/dining room combo that features crown molding, hardwood floors, and a fireplace. Enjoy your evenings sitting out back around the fire pit with friends and family! Don't miss out on this home! It will NOT last long.

19. 2016-01-29
    historical Active Contingent 390-char remark

    Show marketing remark (390 chars)

    This home is located in the desirable Forest Hills Neighborhood and is close to the park, school, restaurants, and shopping. When entering the home you are greeted by a living/dining room combo that features crown molding, hardwood floors, and a fireplace. Enjoy your evenings sitting out back around the fire pit with friends and family! Don't miss out on this home! It will NOT last long.

20. 2016-01-24
    listed $95,500 Active 390-char remark

    Show marketing remark (390 chars)

    This home is located in the desirable Forest Hills Neighborhood and is close to the park, school, restaurants, and shopping. When entering the home you are greeted by a living/dining room combo that features crown molding, hardwood floors, and a fireplace. Enjoy your evenings sitting out back around the fire pit with friends and family! Don't miss out on this home! It will NOT last long.

21. 2014-03-14
    soldstatus $71,000
22. 2014-03-11
    soldstatus $71,000 653-char remark

    Show marketing remark (653 chars)

    Perhaps the lowest priced home in Forest Hills. Motivated seller, priced for quick sale. If appraisal is lower than contract price, seller will consider adjusting price accordingly. Seller has purchased and renovated another home and is moving soon. Must sell. Near beautiful city park, schools, shopping, restaurants, tennis complex and the 800 acre Great Swamp Sanctuary Park (outstanding nature preserve with miles of maintained trails and bridges). This is a wonderful place to stay fit walking , jogging and playing tennis, and/or enjoying young children. Owner is listing broker's daughter. Visit listing broker's web-page for broader description.

23. 2013-07-07
    listed $73,000 653-char remark

    Show marketing remark (653 chars)

    Perhaps the lowest priced home in Forest Hills. Motivated seller, priced for quick sale. If appraisal is lower than contract price, seller will consider adjusting price accordingly. Seller has purchased and renovated another home and is moving soon. Must sell. Near beautiful city park, schools, shopping, restaurants, tennis complex and the 800 acre Great Swamp Sanctuary Park (outstanding nature preserve with miles of maintained trails and bridges). This is a wonderful place to stay fit walking , jogging and playing tennis, and/or enjoying young children. Owner is listing broker's daughter. Visit listing broker's web-page for broader description.

24. 2013-04-30
    soldstatus $65,000

ⓘ 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: $837 · $70/mo
• Projected year-2 tax: $1,362 · $114/mo
• Expected delta: +$526/yr (+$44/mo · 62.8%)

ⓘ 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 5/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 17 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,780
• − Mortgage interest: −$13,388
• − Property taxes: −$837
• − Insurance: −$1,195
• − Repairs & maintenance: −$2,222
• − Management: −$2,222
• − Depreciation: −$6,953
• Taxable income: $963
• Est. tax owed @ 24.0%: −$231
• After-tax cash flow: $4,643/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: Colleton 01
• NCES district ID: 4501830
• Math proficiency: 13% ▼ -10.00%
• Reading proficiency: 28% ▬ 0.00%
• Median HH income: $33,128
• Composite: 16.66/100
• National rank: #9171
• State rank: #69 of 80 in SC

Livability — Walterboro

• Score: 57/100
• State rank: #269
• US rank: #21618

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Walterboro, SC
• City population: 22,367
• Population (ZIP): 22,367

Population outlook (Colleton County) Hauer SSP2

• Today (2025): 34,932 people
• By 2030: 33,078 · -5.3%
• By 2040: 29,017 · -16.9%
• By 2050: 25,029 · -28.3%
• By 2075: 16,894 · -51.6%
• By 2100: 10,518 · -69.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 54% Black 38% Hispanic / Latino 4% Two or more races 4%
• Common ancestry: Italian 2% Lithuanian 1% Slovak 1%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 2%

Political lean MEDSL · Colleton

• 2024 margin: R (+18.2) · D 40.4% · R 58.5% · Other 1.1%
• 2008→2024 swing: -18.7pp toward R · 2008: 0.5pp · 2024: -18.2pp
• All cycles: 2024: R+18.2 2020: R+9.5 2016: R+8.5 2012: D+0.2 2008: D+0.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -119.20%
• Current HPI: 235.1237
• 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

+283.1% since first listed

9 events — show timeline

• 2026-05-19 Listed $249,000 Charleston Trident MLS
• 2016-03-31 Sold (Public Records) $95,000 Public Records
• 2016-03-31 Sold (MLS) $95,000 Charleston Trident MLS
• 2016-01-29 Contingent — Charleston Trident MLS
• 2016-01-24 Listed $95,500 Charleston Trident MLS
• 2014-03-14 Sold (Public Records) $71,000 Public Records
• 2014-03-11 Sold (MLS) $71,000 Charleston Trident MLS
• 2013-07-07 Listed $73,000 Charleston Trident MLS
• 2013-04-30 Sold (Public Records) $65,000 Public Records

Property tax history

+14.8%/yr

Latest (2025): $837 · +2.4% YoY. Source: county tax records.