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499 Glacier Way
D- Composite 39.25
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 +12.1/30.0
  • ARV discount +7.5/15.0
  • DSCR +3.6/10.0
  • Schools +3.6/10.0
  • Livability +3.5/5.0
  • 1% rule +3.3/10.0
  • Rent growth +3.2/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$249,000

499 Glacier Way · Blythewood, SC 29229
3 bd · 2.0 ba · 1,477 sqft · SingleFamily public records · 49 Days on market
Built 2012 5,227 sqft lot $93/mo HOA · 4% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

This open concept 3 bed 2 full bath WELL MAINTAINED property built in 2012 features a new TESLA EV CHARGER , spacious kitchen with stainless steel appliances, new TANKLESS water heater , new disposal , open living room, vaulted ceilings, roofed-in back patio, fully fenced backyard, nest thermostat, blink doorbell and hardwood / laminate flooring! Yard maintenance is a breeze with the automatic sprinkler system and HOA taking care of the front and side bushes and grass. QUIET neighborhood at the end of a cul-de-sac, this home is convenient to local restaurants, grocery stores and is in the Richland 2 school district ! ENJOY newly grown grass in the back yard while you munch on the fresh bl

Key facts

  • Quiet street
  • Open-concept kitchen
  • Tesla ev charger

Tags

OPEN-CONCEPT KITCHENPRIVATE BACKYARD SPACEIN RICHLAND 2 SCHOOL DISTRICTTESLA EV CHARGERNEW TANKLESS WATER HEATERQUIET STREET

Property features AI

Finance

  • Other: Paved road frontage; Approximately 0.12 acres
  • HOA & community: Property is part of an association

Exterior

  • Parking: Attached garage with 2 spaces
  • Utilities: Public water; Public sewer
  • Home design: Single-story home
  • Construction: Slab foundation
  • Exterior features: Sprinkler system; Full gutters; Screened back porch; Stone and vinyl exterior

Interior

  • Bedrooms: Primary bedroom on the main level
  • Bathrooms: Two full bathrooms
  • Heating & cooling: Central cooling; Central heating; Gas heating on the first level
  • Interior features: Ceiling fan; Garage opener; Pull-down attic access; Attic access

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $249k.

Deal economics

  • At list price, monthly cash flow is $-57 ($-680/yr) — negative.
  • To cash-flow at today's rent, offer at most $239k (4.0% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $207k (17.0% below list).
  • Recommended offer: $207k (17.0% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 70/100 on livability (#58 in SC) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, health & safety F.
  • Richland 02 (suburban): math 35% / reading 47% proficiency, ranked #29 of 80 in SC (top 36%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Sandlapper Elementary (math 30% / reading 34%, grade F, #369 of 597 statewide, top 64%, 656 students, 71% FRL); Westwood High (math 47% / reading 87%, grade B, #73 of 196 statewide, top 41%, 1,684 students, 66% FRL) — zoned schools average 69% FRL vs 38% district-wide (30 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents rising (+2.8%/yr); 406 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); 3,472 units permitted in Richland County in 2024 (1,096 in 5+ unit buildings).
  • This rent runs 34% of the median local income ($74k/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 $7k of value loss. Plan a longer hold.
  • Richland County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 49 days — a 3% lower offer ($242k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 3y 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

  • Climate carrying-cost: major wind risk, 64% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $206,767 (17.0% 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 49 days. Have you received any prior offers? Is the seller open to a 17% 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 B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  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
0.83%
Cap rate
6.02%
Cash-on-cash
-0.98%
DSCR
0.96
GRM
10.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.81% rent growth · sell at horizon

5-year hold
IRR
-18.1%
Equity multiple
0.36×
Total profit
$-44,339
Equity at exit
$37,127
10-year hold
IRR
-10.7%
Equity multiple
0.36×
Total profit
$-44,818
Equity at exit
$21,529

Cash invested: $69,720 (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.

ZIP-level market 29229

Home prices YoY
-21.5%
Rents YoY
2.8%
Active inventory
406
Price-to-rent
10.0×

Monthly cashflow live

Estimated rent
$2,068 high interval (Pro) →
Mortgage (P&I)
$1,306
Tax from tax record
$188 /mo · $2,251/yr
Insurance
$104
HOA
$93
Vacancy / Maint / Mgmt
$434
Net cashflow
$-57

Break-even live

Break-even rent $2,139
Max offer price $238,993
Occupancy floor 98%

Sensitivity live

Price -10% $84 -5% $14 +0% $-57 +5% $-127 +10% $-198
Rent -10% $-220 -5% $-138 +0% $-57 +5% $25 +10% $107
Rate -1.0pp $69 -0.5pp $7 base $-57 +0.5pp $-121 +1.0pp $-187

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
$62,250
Closing costs
$7,470
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 9 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
61 Bluebead Ct Columbia, SC 4.0 2.0 1515 $2,249 $1.48 4d 1 0.26mi
1069 Coralbean Way Columbia, SC 3.0 2.0 1256 $1,699 $1.35 24d 1 0.52mi
608 Cottontail Ct N Columbia, SC 4.0 2.0 1701 $2,139 $1.26 4d 1 0.63mi
213 Sagamare Rd Columbia, SC 4.0 3.0 1664 $1,970 $1.18 24d 1 0.86mi
201 Trowbridge Rd Columbia, SC 3.0 2.0 1220 $1,649 $1.35 24d 1 1.03mi
508 Longtown Rd Columbia, SC 1.0–3.0 1.0–2.0 984 $1,316 $1.34 4d 26 1.11mi
102 Petworth Dr Columbia, SC 4.0 3.0 1664 $2,050 $1.23 4d 1 1.16mi
21 Winslow Ct Columbia, SC 3.0 2.0 1220 $1,649 $1.35 22d 1 1.35mi
13 Tomafield Ct Columbia, SC 3.0 2.0 1721 $2,000 $1.16 4d 1 1.37mi

HOA detail

Monthly dues
$93 · $1,116/yr
Likely covers
water

Listing history 23 events

  1. 2026-06-18
    days on market $249,000 Active 49 DOM
  2. 2026-06-17
    days on market $249,000 Active 48 DOM
  3. 2026-06-16
    days on market $249,000 Active 47 DOM
  4. 2026-06-15
    days on market $249,000 Active 46 DOM
  5. 2026-06-14
    days on market $249,000 Active 44 DOM
  6. 2026-06-13
    days on market $249,000 Active 43 DOM
  7. 2026-06-10
    days on market $249,000 Active 41 DOM
  8. 2026-06-09
    days on market $249,000 Active 40 DOM
  9. 2026-06-08
    days on market $249,000 Active 39 DOM
  10. 2026-06-07
    days on market $249,000 Active 38 DOM
  11. 2026-06-05
    days on market $249,000 Active 35 DOM
  12. 2026-06-03
    days on market $249,000 Active 34 DOM
  13. 2026-06-03
    days on market $249,000 Active 33 DOM
  14. 2026-06-01
    remarks 699-char remark
  15. 2026-06-01
    days on market $249,000 Active 32 DOM
  16. 2026-05-31
    days on market $249,000 Active 31 DOM
  17. 2026-05-18
    price $249,000
  18. 2026-04-30
    listed $259,000 Active
  19. 2023-09-25
    soldstatus $225,000
  20. 2023-09-08
    status Pending
  21. 2023-08-25
    historical Active - Contingent
  22. 2023-08-23
    listed $225,000 Active
  23. 2018-06-22
    soldstatus $152,000

ⓘ 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
$2,251 · $188/mo
Projected year-2 tax
$2,251 · $188/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 2/10 Low
  • 🌡 Heat 7/10 Severe 7 d/yr ≥107°F today · 17 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 64% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$24,812
− Mortgage interest
−$13,948
− Property taxes
−$2,251
− Insurance
−$1,245
− Repairs & maintenance
−$1,985
− Management
−$1,985
− HOA
−$1,116
− Depreciation
−$7,244
Taxable loss
−$4,961
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,191
After-tax cash flow
$511/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
Richland 02
NCES district ID
4503390
Math proficiency
35% ▼ -15.00%
Reading proficiency
47% ▼ -5.00%
Median HH income
$59,684
Composite
36.2/100
National rank
#4730
State rank
#29 of 80 in SC

Livability — Blythewood

Score
70/100
State rank
#58
US rank
#7406

Category grades

Amenities F Commute F Cost of living C 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
Richland County · 389,530 people
City population
335,994
Metro
Columbia, SC
Population (ZIP)
51,861
Household income
$74,043
Rent vs Own
29.9% rent · 70.1% own
Severe rent burden
1939.0

Population outlook (Richland County) Hauer SSP2

Today (2025)
459,667 people
By 2030
487,524 · +6.1%
By 2040
542,035 · +17.9%
By 2050
595,371 · +29.5%
By 2075
732,998 · +59.5%
By 2100
820,415 · +78.5%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.56)
Race & ethnicity
Black 62% White 24% Hispanic / Latino 8% Two or more races 6% Asian 3%
Hispanic origin (detail)
Mexican 2% Puerto Rican 2%
Common ancestry
Slovak 1% Lithuanian 1% Romanian 1%
Foreign-born
7% · Canada, South Korea, Jamaica
Languages at home
89% English-only · Spanish 6% Other Indo-European 1% Korean 1%

Political lean MEDSL · Richland

2024 margin
Solid D (+34.6) · D 66.4% · R 31.8% · Other 1.8%
2008→2024 swing
+5.7pp toward D · 2008: 28.9pp · 2024: 34.6pp
All cycles
2024: D+34.6 2020: D+38.3 2016: D+32.9 2012: D+33.3 2008: D+28.9

Not yet ingested

Civics

Market trends

HPI YoY
▼ -51.11%
Current HPI
186.782
Rent YoY
▲ 2.81%
Metro
Columbia, SC
State GDP YoY
▲ 4.51%
F500 in state
2

Industry mix (Fortune 500 HQ in SC)

Industry F500 HQs Revenue

Price history

+63.8% since first listed
7 events — show timeline
  • 2026-05-18 Price Changed $249,000 Consolidated MLS
  • 2026-04-30 Listed $259,000 Consolidated MLS
  • 2023-09-25 Sold (Public Records) $225,000 Public Records
  • 2023-09-08 Pending Consolidated MLS
  • 2023-08-25 Contingent Consolidated MLS
  • 2023-08-23 Listed $225,000 Consolidated MLS
  • 2018-06-22 Sold (Public Records) $152,000 Public Records

Property tax history

+4.1%/yr

Latest (2025): $2,251 · +3.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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