1331 Tamarind Ln · Lake Murray of Richland, SC 29036

$375,000

4 bd · 2.5 ba · 2,614 sqft · SingleFamily public records · 36 Days on market

Built 2020 7,405 sqft lot $38/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 +12.4/30.0
• ARV discount +7.5/15.0
• Schools +4.5/10.0
• DSCR +3.7/10.0
• Livability +3.4/5.0
• 1% rule +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to 1331 Tamarind Lane in Chapin, South Carolina. Built in 2020, this four-bedroom home offers thoughtfully selected upgrades that elevate it well beyond builder-grade. The open-concept design features a spacious kitchen that flows seamlessly into a bright, inviting living area. The main-level primary suite includes a custom walk-in closet, while an additional custom walk-in closet upstairs adds both convenience and style. Positioned on a corner lot with only one adjacent neighbor, the property provides added privacy along with peaceful, wooded views from the backyard—creating a quiet, natural setting. Chapin, known as the “Capital of Lake Murray, ” is part of the h

Key facts

• Gathering space
• Neighborhood pool
• Corner lot

Tags

• CUSTOM WALK-IN CLOSET
• CORNER LOT
• PEACEFUL WOODED VIEWS
• NEIGHBORHOOD POOL
• GATHERING SPACE
• EASY ACCESS TO LAKE MURRAY

Property features AI

Finance

• HOA & community: Community association with clubhouse, pool, playground, sidewalks, street light and common area maintenance, and green areas included

Exterior

• Parking: Attached garage with 2 car spaces on the main level
• Utilities: Public water; Public sewer
• Home design: Two-story single-family home; Vinyl exterior finish
• Construction: Slab foundation
• Exterior features: Covered front porch; Covered back porch; Privacy fence; Paved road access

Interior

• Kitchen: Eat-in kitchen with island and pantry; Painted cabinetry; Double oven range (free-standing, smooth surface, self-cleaning); Microwave above stove; Dishwasher; Disposal
• Bedrooms: Primary suite on main level with double vanity, garden tub, separate shower, walk-in closet, box ceilings and ceiling fan; Three additional bedrooms on second level — each with double vanity, shared bath access, tub/shower (or tub shower), ceiling fan, and luxury vinyl plank flooring; two have private closets
• Flooring: Luxury vinyl plank throughout main living areas and bedrooms
• Bathrooms: Two full bathrooms and one half bath; Second full bath shares access among upstairs bedrooms
• Heating & cooling: Central cooling with zoned system; Gas heating on first level with zoned controls
• Interior features: Fireplace in great room with molding and box ceilings; Recessed lighting; Tankless hot water
• Laundry & utility: Main-level utility/laundry room

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $375k.

Deal economics

• At list price, monthly cash flow is $-61 ($-733/yr) — negative.
• To cash-flow at today's rent, offer at most $364k (2.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $284k (24.2% below list).
• Recommended offer: $284k (24.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 67/100 on livability (#102 in SC) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, cost of living F.
• Lexington 05 (suburban): math 47% / reading 55% proficiency, ranked #5 of 80 in SC (top 6%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Chapin Elementary (math 53% / reading 51%, grade C-, #145 of 597 statewide, top 26%, 790 students, 34% FRL); Chapin High (math 82% / reading 91%, grade A, #7 of 196 statewide, top 4%, 1,615 students, 100% FRL) — zoned schools average 67% FRL vs 27% district-wide (40 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 69% at this address vs 51% district-wide (+18 pts) — the actual schools serving this property are materially stronger than the Lexington 05 average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: 434 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 1,712 units permitted in Lexington County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $11k of value loss. Plan a longer hold.
• Lexington County population projected at +26% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 36 days — a 3% lower offer ($364k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $119k; list at $375k implies a 215% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 60% 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 $284,431 (24.2% 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 36 days. Have you received any prior offers? Is the seller open to a 24% 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. 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?
7. 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.
8. 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.
9. 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: 0.76% ✗
• Cap rate: 6.10%
• Cash-on-cash: -0.70%
• DSCR: 0.97
• GRM: 11.0

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: -17.5%
• Equity multiple: 0.38×
• Total profit: $-64,786
• Equity at exit: $55,914

10-year hold

• IRR: -9.6%
• Equity multiple: 0.41×
• Total profit: $-61,955
• Equity at exit: $32,423

Cash invested: $105,000 (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 29036

• Active inventory: 434
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $2,844 medium
• Mortgage (P&I): −$1,967
• Tax from tax record: −$147 /mo · $1,767/yr
• Insurance: −$156
• HOA: −$38
• Vacancy / Maint / Mgmt: −$597
• Net cashflow: $-61

Break-even live

Break-even rent $2,922

Max offer price $364,215

Occupancy floor 97%

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: $93,750
• Closing costs: $11,250
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1433 Tamarind Ln Chapin, SC	5.0	3.0	2317	$2,595	$1.12	21d	1	0.15mi
2019 Ludlow Pl Chapin, SC	5.0	3.5	3316	$2,990	$0.90	11d	1	1.15mi
425 Pine Log Run Chapin, SC	5.0	3.0	2588	$2,600	$1.00	11d	1	1.31mi

HOA detail

• Monthly dues: $38 · $456/yr

Listing history 8 events

1. 2026-06-07
   statusdays on market $375,000 Pending 36 DOM
2. 2026-06-03
   days on market $375,000 Active - Contingent 34 DOM
3. 2026-06-03
   days on market $375,000 Active - Contingent 33 DOM
4. 2026-06-01
   days on market $375,000 Active - Contingent 32 DOM
5. 2026-05-31
   days on market $375,000 Active - Contingent 31 DOM
6. 2026-05-21
   historical Active - Contingent
7. 2026-04-30
   listed $375,000 Active
8. 2020-03-12
   soldstatus $119,158

ⓘ 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: $1,767 · $147/mo
• Projected year-2 tax: $2,138 · $178/mo
• Expected delta: +$370/yr (+$31/mo · 21.0%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥108°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 60% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $34,132
• − Mortgage interest: −$21,006
• − Property taxes: −$1,767
• − Insurance: −$1,875
• − Repairs & maintenance: −$2,731
• − Management: −$2,731
• − HOA: −$456
• − Depreciation: −$10,909
• Taxable loss: −$7,342
• Est. tax savings @ 24.0%: +$1,762
• After-tax cash flow: $1,030/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: Lexington 05
• NCES district ID: 4502820
• Math proficiency: 47% ▼ -7.00%
• Reading proficiency: 55% ▼ -4.00%
• Median HH income: $67,732
• Composite: 45.28/100
• National rank: #2656
• State rank: #5 of 80 in SC

Livability — Lake Murray of Richland

• Score: 67/100
• State rank: #102
• US rank: #10903

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Lexington County · 232,571 people
• City population: 179
• Metro: Columbia, SC
• Population (ZIP): 26,620
• Household income: $113,986
• Rent vs Own: 8.1% rent · 91.9% own
• Severe rent burden: 212.0

Population outlook (Lexington County) Hauer SSP2

• Today (2025): 322,999 people
• By 2030: 342,356 · +6.0%
• By 2040: 377,715 · +16.9%
• By 2050: 406,984 · +26.0%
• By 2075: 465,447 · +44.1%
• By 2100: 485,674 · +50.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Asian 5% Two or more races 4% Black 3% Hispanic / Latino 3%
• Common ancestry: Lithuanian 4% Slovak 4% Italian 2%
• Foreign-born: 6% · Canada, South Korea, China
• Languages at home: 95% English-only · Other Indo-European 2% Spanish 1% Korean 1%

Political lean MEDSL · Lexington

• 2024 margin: Solid R (+33.5) · D 32.5% · R 66.0% · Other 1.4%
• 2008→2024 swing: +4.6pp toward D · 2008: -38.0pp · 2024: -33.5pp
• All cycles: 2024: R+33.5 2020: R+30.1 2016: R+36.7 2012: R+37.8 2008: R+38.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -134.76%
• Current HPI: 248.3807
• Rent YoY: —
• Metro: Columbia, SC
• 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

+214.7% since first listed

3 events — show timeline

• 2026-05-21 Contingent — Consolidated MLS
• 2026-04-30 Listed $375,000 Consolidated MLS
• 2020-03-12 Sold (Public Records) $119,158 Public Records

Property tax history

-0.4%/yr

Latest (2024): $1,767 · +0.9% YoY. Source: county tax records.