108 Blackbird Ln · Powdersville, SC 29611

$279,000

3 bd · 2.0 ba · 1,776 sqft · Other public records · 22 Days on market

Built 2006 0.58 ac lot ↓ 7% since listing

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Why this score? — see what drove the F 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 +8.7/30.0
• ARV discount +7.5/15.0
• Schools +5.0/10.0
• Livability +3.3/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• DSCR +2.4/10.0
• 1% rule +1.6/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Conveniently located just minutes from downtown Greenville, 108 Blackbird Lane combines accessibility with a comfortable residential setting. This well-maintained home features a functional floor plan with inviting living spaces, abundant natural light, and room to fit a variety of lifestyles. The main living area flows easily into the kitchen and dining space, creating a layout that works well for everyday living and entertaining. Bedrooms are well-sized, including a primary suite with private bath accommodations. Additional flex space provides options for a home office, playroom, or hobby area depending on your needs. Outside, enjoy a spacious yard with room for outdoor gatherings, gardening, or relaxing evenings at home. The property's location provides quick access to shopping, dining, parks, and major commuter routes, while still maintaining a neighborhood feel. With proximity to downtown Greenville, Falls Park, Prisma Health, and area schools, this home is a great opportunity for buyers seeking convenience and comfort in the growing Upstate market.

Key facts

• Spacious yard
• Flex space
• 0.58 acre lot

Tags

• FUNCTIONAL FLOOR PLAN
• ABUNDANT NATURAL LIGHT
• FLEX SPACE
• SPACIOUS YARD
• QUICK ACCESS TO SHOPPING
• QUICK ACCESS TO DINING

Property features AI

Finance

• HOA & community: No HOA fees

Exterior

• Parking: Attached 2-car garage; Driveway with paved concrete parking
• Utilities: Public water; Electric water heater; Septic sewer; Private garbage pickup; Attached garage
• Home design: Single-story residential home; Built in 2006; Slab foundation
• Construction: Vinyl siding; Composition shingle roof
• Exterior features: Deck; Patio; Front porch; Vinyl/aluminum trim; Thermal windows; Fenced yard; Level to gently sloped lot with some trees

Interior

• Kitchen: Dishwasher; Electric oven; Electric range; Built-in microwave; Kitchen approx. 11 x 14; Dining room approx. 13 x 14
• Bedrooms: 4 bedrooms on the main level; Primary bedroom on main level with full bath, separate shower and separate tub (approx. 14 x 14); Second bedroom approx. 12 x 14; Third bedroom approx. 12 x 13; Fourth bedroom approx. 11 x 13
• Flooring: Carpet; Ceramic tile; Laminate flooring; Vinyl
• Bathrooms: 2 full bathrooms (both on the main level)
• Heating & cooling: Electric forced air heating; Central forced air cooling (electric)
• Interior features: Cable available; Ceiling fans; Smooth ceilings; Open floor plan; Smoke detector; Split floor plan; Laminate countertops; Pantry closet
• Laundry & utility: First-floor laundry with walk-in area and electric dryer hookup; Laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath other listed at $279k.

Deal economics

• At list price, monthly cash flow is $-236 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $237k (14.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $185k (33.5% below list).
• Recommended offer: $185k (33.5% below list) — sets the bar for 1% rule.
• Cap rate 5.3% vs local median 2.9% in Powdersville — 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 66/100 on livability (#110 in SC) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living A-, crime B+; Watch: amenities F, commute F.
• Anderson 01 (rural): math 58% / reading 60% proficiency, ranked #3 of 80 in SC (top 4%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Powdersville Elementary (math 75% / reading 62%, grade B+, #41 of 597 statewide, top 7%, 751 students, 49% FRL).
• Market conditions: Rents rising (+1.7%/yr); 278 active listings in the ZIP; 1,255 units permitted in Anderson County in 2024 (0 in 5+ unit buildings).
• This rent runs 43% of the median local income ($52k/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 $8k of value loss. Plan a longer hold.
• Anderson County population projected at +14% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 22 days — a 2% lower offer ($275k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 16y 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 $233k; 20% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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 $185,414 (33.5% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 0.66% ✗
• Cap rate: 5.28%
• Cash-on-cash: -3.62%
• DSCR: 0.84
• GRM: 12.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.72% rent growth · sell at horizon

5-year hold

• IRR: -23.7%
• Equity multiple: 0.20×
• Total profit: $-62,680
• Equity at exit: $41,600

10-year hold

• IRR: -22.1%
• Equity multiple: -0.07×
• Total profit: $-83,781
• Equity at exit: $24,123

Cash invested: $78,120 (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 29611

• Home prices YoY: -34.6%
• Rents YoY: 1.7%
• Active inventory: 278
• Price-to-rent: 12.5×

Monthly cashflow live

• Estimated rent: $1,854 medium
• Mortgage (P&I): −$1,463
• Tax from tax record: −$121 /mo · $1,451/yr
• Insurance: −$116
• HOA: −$0
• Vacancy / Maint / Mgmt: −$389
• Net cashflow: $-236

Break-even live

Break-even rent $2,152

Max offer price $237,395

Occupancy floor —

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: $69,750
• Closing costs: $8,370
• Reserves months: —
• Total cash needed: —

Listing history 35 events

1. 2026-06-18
   days on market $279,000 Active 22 DOM
2. 2026-06-17
   days on market $279,000 Active 21 DOM
3. 2026-06-16
   days on market $279,000 Active 20 DOM
4. 2026-06-15
   price $279,000 Active 19 DOM
5. 2026-06-15
   days on market $284,900 Active 19 DOM
6. 2026-06-13
   days on market $284,900 Active 17 DOM
7. 2026-06-10
   days on market $284,900 Active 14 DOM
8. 2026-06-09
   days on market $284,900 Active 13 DOM
9. 2026-06-08
   days on market $284,900 Active 12 DOM
10. 2026-06-07
    days on market $284,900 Active 11 DOM
11. 2026-06-03
    days on market $284,900 Active 7 DOM
12. 2026-06-03
    days on market $284,900 Active 6 DOM
13. 2026-06-01
    days on market $284,900 Active 5 DOM
14. 2026-05-31
    days on market $284,900 Active 4 DOM
15. 2026-05-27
    listed $284,900 Active 1070-char remark

    Show marketing remark (1070 chars)

    Conveniently located just minutes from downtown Greenville, 108 Blackbird Lane combines accessibility with a comfortable residential setting. This well-maintained home features a functional floor plan with inviting living spaces, abundant natural light, and room to fit a variety of lifestyles. The main living area flows easily into the kitchen and dining space, creating a layout that works well for everyday living and entertaining. Bedrooms are well-sized, including a primary suite with private bath accommodations. Additional flex space provides options for a home office, playroom, or hobby area depending on your needs. Outside, enjoy a spacious yard with room for outdoor gatherings, gardening, or relaxing evenings at home. The property's location provides quick access to shopping, dining, parks, and major commuter routes, while still maintaining a neighborhood feel. With proximity to downtown Greenville, Falls Park, Prisma Health, and area schools, this home is a great opportunity for buyers seeking convenience and comfort in the growing Upstate market.

16. 2026-05-27
    listed $284,900 Active

    Show marketing remark (1070 chars)

    Conveniently located just minutes from downtown Greenville, 108 Blackbird Lane combines accessibility with a comfortable residential setting. This well-maintained home features a functional floor plan with inviting living spaces, abundant natural light, and room to fit a variety of lifestyles. The main living area flows easily into the kitchen and dining space, creating a layout that works well for everyday living and entertaining. Bedrooms are well-sized, including a primary suite with private bath accommodations. Additional flex space provides options for a home office, playroom, or hobby area depending on your needs. Outside, enjoy a spacious yard with room for outdoor gatherings, gardening, or relaxing evenings at home. The property's location provides quick access to shopping, dining, parks, and major commuter routes, while still maintaining a neighborhood feel. With proximity to downtown Greenville, Falls Park, Prisma Health, and area schools, this home is a great opportunity for buyers seeking convenience and comfort in the growing Upstate market.

17. 2026-05-27
    listed $284,900 Active 1070-char remark

    Show marketing remark (1070 chars)

    Conveniently located just minutes from downtown Greenville, 108 Blackbird Lane combines accessibility with a comfortable residential setting. This well-maintained home features a functional floor plan with inviting living spaces, abundant natural light, and room to fit a variety of lifestyles. The main living area flows easily into the kitchen and dining space, creating a layout that works well for everyday living and entertaining. Bedrooms are well-sized, including a primary suite with private bath accommodations. Additional flex space provides options for a home office, playroom, or hobby area depending on your needs. Outside, enjoy a spacious yard with room for outdoor gatherings, gardening, or relaxing evenings at home. The property's location provides quick access to shopping, dining, parks, and major commuter routes, while still maintaining a neighborhood feel. With proximity to downtown Greenville, Falls Park, Prisma Health, and area schools, this home is a great opportunity for buyers seeking convenience and comfort in the growing Upstate market.

18. 2021-12-02
    soldstatus $233,000
19. 2021-11-09
    soldstatus $233,000 Sold CO-OP Member
20. 2021-11-09
    soldstatus $233,000 Sold
21. 2021-09-01
    status Pending
22. 2021-09-01
    historical Contingency Contract
23. 2021-08-29
    price $235,000
24. 2021-08-29
    price $235,000
25. 2021-08-18
    listed $240,000 Active
26. 2021-08-18
    listed $240,000 Active
27. 2019-07-30
    soldstatus $154,900
28. 2019-07-26
    soldstatus $154,900 Sold
29. 2019-06-20
    status Pending
30. 2019-06-19
    listed $154,900 Active
31. 2013-01-14
    soldstatus $110,000
32. 2010-12-30
    soldstatus $55,000
33. 2010-11-22
    historical
34. 2010-11-09
    listed $59,900
35. 2003-12-22
    soldstatus $306,000

ⓘ 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: $1,451 · $121/mo
• Projected year-2 tax: $1,590 · $133/mo
• Expected delta: +$139/yr (+$12/mo · 9.6%)

ⓘ 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 ≥103°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,250
• − Mortgage interest: −$15,628
• − Property taxes: −$1,451
• − Insurance: −$1,395
• − Repairs & maintenance: −$1,780
• − Management: −$1,780
• − Depreciation: −$8,116
• Taxable loss: −$7,901
• Est. tax savings @ 24.0%: +$1,896
• After-tax cash flow: $-930/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 01
• NCES district ID: 4500780
• Math proficiency: 58% ▼ -6.00%
• Reading proficiency: 60% ▼ -1.00%
• Median HH income: $52,196
• Composite: 50.46/100
• National rank: #1861
• State rank: #3 of 80 in SC

Livability — Powdersville

• Score: 66/100
• State rank: #110
• US rank: #11385

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Powdersville, SC
• County: Greenville County · 573,815 people
• Metro: Greenville-Anderson, SC
• Population (ZIP): 32,365
• Household income: $51,565
• Rent vs Own: 46.7% rent · 53.3% own
• Severe rent burden: 1754.0

Population outlook (Anderson County) Hauer SSP2

• Today (2025): 210,546 people
• By 2030: 217,791 · +3.4%
• By 2040: 230,643 · +9.5%
• By 2050: 240,220 · +14.1%
• By 2075: 259,518 · +23.3%
• By 2100: 258,696 · +22.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.70)
• Race & ethnicity: White 41% Black 29% Hispanic / Latino 22% Two or more races 12%
• Hispanic origin (detail): Mexican 12% Puerto Rican 2%
• Common ancestry: Slovak 1% Italian 1% Serbian 1%
• Foreign-born: 12% · Canada, Jamaica, China
• Languages at home: 79% English-only · Spanish 19% Russian/Polish/Slavic 1%

Political lean MEDSL · Anderson

• 2024 margin: Solid R (+47.4) · D 25.7% · R 73.1% · Other 1.2%
• 2008→2024 swing: -14.1pp toward R · 2008: -33.3pp · 2024: -47.4pp
• All cycles: 2024: R+47.4 2020: R+42.0 2016: R+43.7 2012: R+36.4 2008: R+33.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -139.58%
• Current HPI: 264.2891
• Rent YoY: ▲ 1.72%
• Metro: Greenville-Anderson, 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

-6.9% since first listed

21 events — show timeline

• 2026-05-27 Listed $284,900 SPMLS
• 2026-05-27 Listed $284,900 WUMLS
• 2026-05-27 Listed $284,900 Greater Greenville MLS
• 2021-12-02 Sold (Public Records) $233,000 Public Records
• 2021-11-09 Sold (MLS) $233,000 Greater Greenville MLS
• 2021-11-09 Sold (MLS) $233,000 SPMLS
• 2021-09-01 Pending — SPMLS
• 2021-09-01 Contingent — Greater Greenville MLS
• 2021-08-29 Price Changed $235,000 SPMLS
• 2021-08-29 Price Changed $235,000 Greater Greenville MLS
• 2021-08-18 Listed $240,000 Greater Greenville MLS
• 2021-08-18 Listed $240,000 SPMLS
• 2019-07-30 Sold (Public Records) $154,900 Public Records
• 2019-07-26 Sold (MLS) $154,900 Greater Greenville MLS
• 2019-06-20 Pending — Greater Greenville MLS
• 2019-06-19 Listed $154,900 Greater Greenville MLS
• 2013-01-14 Sold (Public Records) $110,000 Public Records
• 2010-12-30 Sold (MLS) $55,000 Greater Greenville MLS
• 2010-11-22 Listing Removed — Greater Greenville MLS
• 2010-11-09 Listed $59,900 Greater Greenville MLS
• 2003-12-22 Sold (Public Records) $306,000 Public Records

Property tax history

+6.1%/yr

Latest (2025): $1,451 · +12.7% YoY. Source: county tax records.