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298 Glen Crest Dr
D- Composite 39.06
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 +12.5/30.0
  • ARV discount +5.9/15.0
  • Schools +4.1/10.0
  • Livability +4.0/5.0
  • DSCR +3.7/10.0
  • 1% rule +3.5/10.0
  • Rent growth +2.9/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$274,977

298 Glen Crest Dr · Reidville, SC 29369
3 bd · 2.0 ba · 1,294 sqft · SingleFamily public records · 82 Days on market
Built 2001 10,454 sqft lot Est $265k · at est. $29/mo HOA · 1% of rent

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

Listing remarks MLS

This all brick 3 bedroom, 2 bath home offers low maintenance living with solid surface flooring throughout so no carpet! The interior features a functional layout with a spacious living area centered around a gas fireplace and a kitchen finished with granite countertops and matching backsplash. A walk-in laundry room and two car garage provide added convenience and storage. Situated on a level lot, the home includes an oversized patio perfect for relaxing or entertaining, all on a low traffic street in a quiet, established neighborhood offering sidewalks, street lights and a Junior Olympic pool. Ideally located just off Reidville Road (Hwy 296) between Moore and Reidville, you’ll enjoy quick access to award-winning schools, groceries, dining, pharmacies, and everyday essentials within 3 minutes. Spartanburg and GSP International Airport are approximately 15 minutes away, with Greenville’s Pelham Road corridor and major medical facilities just 20 minutes away. Schedule your tour today and experience the convenience and comfort this home has to offer.

Key facts

  • Gas fireplace
  • Oversized patio
  • Granite countertops

Tags

SOLID SURFACE FLOORINGGRANITE COUNTERTOPSGAS FIREPLACEWALK-IN LAUNDRY ROOMOVERSIZED PATIOLOW TRAFFIC STREET

Property features AI

Finance

  • HOA & community: Property is part of an HOA; HOA includes access to pool and enforces restrictive covenants; Community amenities include pool, common areas, lighting, and some sidewalks

Exterior

  • Parking: Attached 2-car garage with door opener and yard door; Paved concrete driveway
  • Security: Smoke detector
  • Utilities: Public water; Public sewer; Private garbage pickup; Natural gas available
  • Home design: Single-story residential home; Built in 2001; Approximate age 21–30 years; Brick veneer (full) exterior; Slab foundation
  • Construction: Composition shingle roof; Brick veneer (full); Slab foundation; Storage space in attic and garage
  • Exterior features: Front porch; Patio; Some storm doors; Tilt-out windows; Vinyl/Aluminum trim; Handicap access; Level lot with sidewalks; Underground utilities

Interior

  • Kitchen: Dishwasher; Built-in microwave; Refrigerator; Smooth top range; Granite countertops; Kitchen approx. 9 x 14
  • Bedrooms: Primary bedroom on main level with double sink, full bath, separate shower, garden tub, and walk-in closet; Bedroom sizes: Primary ~14 x 14; Second ~10 x 13; Third ~10 x 12
  • Flooring: Ceramic tile; Laminate flooring
  • Bathrooms: Two full bathrooms (both on main level)
  • Heating & cooling: Forced air heating (electric and natural gas); Central forced cooling (electric); Gas water heater
  • Interior features: Attic stairs (disappearing); Cable available; 9'+ ceilings; Ceiling fans; Cathedral/vaulted ceiling; Granite countertops; Handicap access; Smoke detector; Garden tub; Walk-in closets; Pantry closet; All window treatments remain; One gas-log fireplace
  • Laundry & utility: Laundry on first floor with walk-in area, washer connection, and electric dryer hookup

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 $275k.

Deal economics

  • At list price, monthly cash flow is $-42 ($-506/yr) — negative.
  • To cash-flow at today's rent, offer at most $268k (2.7% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $233k (15.3% below list).
  • Recommended offer: $233k (15.3% below list) — sets the bar for 1% rule.
  • Cap rate 6.1% vs local median 3.8% in Reidville — 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 80/100 on livability (#12 in SC, #1,810 nationally) — a professional / high-income tenant draw. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F.
  • Spartanburg 05 (suburban): math 45% / reading 51% proficiency, ranked #13 of 80 in SC (top 16%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: River Ridge Elementary (math 53% / reading 48%, grade D+, #160 of 597 statewide, top 27%, 778 students, 64% FRL); Berry Shoals Intermediate (math 54% / reading 48%, grade C, #36 of 229 statewide, top 16%, 902 students, 56% FRL); James F. Byrnes High (math 31% / reading 75%, grade C-, #140 of 196 statewide, top 72%, 2,217 students, 56% FRL) — zoned schools average 59% FRL vs 39% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents rising (+1.8%/yr); 357 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 3,129 units permitted in Spartanburg County in 2024 (40 in 5+ unit buildings).
  • This rent runs 34% of the median local income ($83k/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.
  • Spartanburg County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 82 days — a 6% lower offer ($258k) is reasonable based on typical stale-listing flexibility.
  • 7 sale attempts since 14y 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 $116k; list at $275k implies a 137% gain — meaningful room to come down on a strong offer.

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 $232,790 (15.3% 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 82 days. Have you received any prior offers? Is the seller open to a 15% 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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?
  8. 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.
  9. 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.
  10. 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
0.85%
Cap rate
6.11%
Cash-on-cash
-0.66%
DSCR
0.97
GRM
9.8

CMA / ARV

ARV (on-the-fly)
$265,270
Comps found
7
Show comp detail 7 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
413 N Sweetwater Hills Dr 0.20mi 3/2.0 1,344 (+4%) 8mo $275,000 $205 77
230 Glen Crest Dr 0.10mi 3/2.0 1,252 (-3%) 17mo $279,900 $224 76
611 Heathrow Ct 0.24mi 3/2.0 1,366 (+6%) 6mo $305,000 $223 75
109 Cauthen Ct 0.57mi 3/2.0 1,300 (+0%) 8mo $280,000 $215 66
420 N Sweetwater Hills Dr 0.17mi 3/2.0 1,400 (+8%) 16mo $265,000 $189 65
347 Collin Rogers Dr 0.51mi 3/2.0 1,348 (+4%) 21mo $245,000 $182 52
321 N Sweetwater Hls 0.20mi 3/2.0 1,477 (+14%) 22mo $245,000 $166 49

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.75% rent growth · sell at horizon

5-year hold
IRR
-18.8%
Equity multiple
0.35×
Total profit
$-50,115
Equity at exit
$41,000
10-year hold
IRR
-13.9%
Equity multiple
0.24×
Total profit
$-58,577
Equity at exit
$23,775

Cash invested: $76,994 (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 29369

Home prices YoY
-27.4%
Rents YoY
1.8%
Active inventory
357
Price-to-rent
9.8×

Monthly cashflow live

Estimated rent
$2,328 medium interval (Pro) →
Mortgage (P&I)
$1,442
Tax from tax record
$296 /mo · $3,548/yr
Insurance
$115
HOA
$29
Vacancy / Maint / Mgmt
$489
Net cashflow
$-42

Break-even live

Break-even rent $2,381
Max offer price $267,522
Occupancy floor 97%

Sensitivity live

Price -10% $113 -5% $36 +0% $-42 +5% $-120 +10% $-198
Rent -10% $-226 -5% $-134 +0% $-42 +5% $50 +10% $142
Rate -1.0pp $96 -0.5pp $28 base $-42 +0.5pp $-113 +1.0pp $-186

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
$68,744
Closing costs
$8,249
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 2 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1069 Millison Pl Moore, SC 3.0 2.5 1650 $1,800 $1.09 23d 1 0.48mi
1010 Palisade Woods Dr Unit 1220-105 Duncan, SC 2.0 2.0 1139 $3,990 $3.50 23d 1 1.10mi

HOA detail

Monthly dues
$29 · $348/yr
Likely covers
gaspool

Listing history 28 events

  1. 2026-06-03
    days on marketlisting id $274,977 Active 82 DOM
  2. 2026-06-02
    days on market $274,977 Active 56 DOM
  3. 2026-06-01
    days on market $274,977 Active 55 DOM
  4. 2026-05-31
    days on market $274,977 Active 54 DOM
  5. 2026-05-30
    days on market $274,977 Active 53 DOM
  6. 2026-05-05
    price $274,977
    Show marketing remark (1077 chars)

    This all brick 3 bedroom, 2 bath home offers low maintenance living with solid surface flooring throughout so no carpet! The interior features a functional layout with a spacious living area centered around a gas fireplace and a kitchen finished with granite countertops and matching backsplash. A walk-in laundry room and two car garage provide added convenience and storage. Situated on a level lot, the home includes an oversized patio perfect for relaxing or entertaining, all on a low traffic street in a quiet, established neighborhood offering sidewalks, street lights and a Junior Olympic pool. Ideally located just off Reidville Road (Hwy 296) between Moore and Reidville, you’ll enjoy quick access to award-winning schools, groceries, dining, pharmacies, and everyday essentials within 3 minutes. Spartanburg and GSP International Airport are approximately 15 minutes away, with Greenville’s Pelham Road corridor and major medical facilities just 20 minutes away. Schedule your tour today and experience the convenience and comfort this home has to offer.

  7. 2026-05-05
    price $274,977 1077-char remark
    Show marketing remark (1077 chars)

    This all brick 3 bedroom, 2 bath home offers low maintenance living with solid surface flooring throughout so no carpet! The interior features a functional layout with a spacious living area centered around a gas fireplace and a kitchen finished with granite countertops and matching backsplash. A walk-in laundry room and two car garage provide added convenience and storage. Situated on a level lot, the home includes an oversized patio perfect for relaxing or entertaining, all on a low traffic street in a quiet, established neighborhood offering sidewalks, street lights and a Junior Olympic pool. Ideally located just off Reidville Road (Hwy 296) between Moore and Reidville, you’ll enjoy quick access to award-winning schools, groceries, dining, pharmacies, and everyday essentials within 3 minutes. Spartanburg and GSP International Airport are approximately 15 minutes away, with Greenville’s Pelham Road corridor and major medical facilities just 20 minutes away. Schedule your tour today and experience the convenience and comfort this home has to offer.

  8. 2026-04-14
    price $275,000
    Show marketing remark (1077 chars)

    This all brick 3 bedroom, 2 bath home offers low maintenance living with solid surface flooring throughout so no carpet! The interior features a functional layout with a spacious living area centered around a gas fireplace and a kitchen finished with granite countertops and matching backsplash. A walk-in laundry room and two car garage provide added convenience and storage. Situated on a level lot, the home includes an oversized patio perfect for relaxing or entertaining, all on a low traffic street in a quiet, established neighborhood offering sidewalks, street lights and a Junior Olympic pool. Ideally located just off Reidville Road (Hwy 296) between Moore and Reidville, you’ll enjoy quick access to award-winning schools, groceries, dining, pharmacies, and everyday essentials within 3 minutes. Spartanburg and GSP International Airport are approximately 15 minutes away, with Greenville’s Pelham Road corridor and major medical facilities just 20 minutes away. Schedule your tour today and experience the convenience and comfort this home has to offer.

  9. 2026-04-14
    price $275,000 1077-char remark
    Show marketing remark (1077 chars)

    This all brick 3 bedroom, 2 bath home offers low maintenance living with solid surface flooring throughout so no carpet! The interior features a functional layout with a spacious living area centered around a gas fireplace and a kitchen finished with granite countertops and matching backsplash. A walk-in laundry room and two car garage provide added convenience and storage. Situated on a level lot, the home includes an oversized patio perfect for relaxing or entertaining, all on a low traffic street in a quiet, established neighborhood offering sidewalks, street lights and a Junior Olympic pool. Ideally located just off Reidville Road (Hwy 296) between Moore and Reidville, you’ll enjoy quick access to award-winning schools, groceries, dining, pharmacies, and everyday essentials within 3 minutes. Spartanburg and GSP International Airport are approximately 15 minutes away, with Greenville’s Pelham Road corridor and major medical facilities just 20 minutes away. Schedule your tour today and experience the convenience and comfort this home has to offer.

  10. 2026-04-07
    price $280,000 1077-char remark
    Show marketing remark (1077 chars)

    This all brick 3 bedroom, 2 bath home offers low maintenance living with solid surface flooring throughout so no carpet! The interior features a functional layout with a spacious living area centered around a gas fireplace and a kitchen finished with granite countertops and matching backsplash. A walk-in laundry room and two car garage provide added convenience and storage. Situated on a level lot, the home includes an oversized patio perfect for relaxing or entertaining, all on a low traffic street in a quiet, established neighborhood offering sidewalks, street lights and a Junior Olympic pool. Ideally located just off Reidville Road (Hwy 296) between Moore and Reidville, you’ll enjoy quick access to award-winning schools, groceries, dining, pharmacies, and everyday essentials within 3 minutes. Spartanburg and GSP International Airport are approximately 15 minutes away, with Greenville’s Pelham Road corridor and major medical facilities just 20 minutes away. Schedule your tour today and experience the convenience and comfort this home has to offer.

  11. 2026-04-07
    listed $280,000 Active
    Show marketing remark (1077 chars)

    This all brick 3 bedroom, 2 bath home offers low maintenance living with solid surface flooring throughout so no carpet! The interior features a functional layout with a spacious living area centered around a gas fireplace and a kitchen finished with granite countertops and matching backsplash. A walk-in laundry room and two car garage provide added convenience and storage. Situated on a level lot, the home includes an oversized patio perfect for relaxing or entertaining, all on a low traffic street in a quiet, established neighborhood offering sidewalks, street lights and a Junior Olympic pool. Ideally located just off Reidville Road (Hwy 296) between Moore and Reidville, you’ll enjoy quick access to award-winning schools, groceries, dining, pharmacies, and everyday essentials within 3 minutes. Spartanburg and GSP International Airport are approximately 15 minutes away, with Greenville’s Pelham Road corridor and major medical facilities just 20 minutes away. Schedule your tour today and experience the convenience and comfort this home has to offer.

  12. 2026-03-20
    price $285,000 1077-char remark
    Show marketing remark (1077 chars)

    This all brick 3 bedroom, 2 bath home offers low maintenance living with solid surface flooring throughout so no carpet! The interior features a functional layout with a spacious living area centered around a gas fireplace and a kitchen finished with granite countertops and matching backsplash. A walk-in laundry room and two car garage provide added convenience and storage. Situated on a level lot, the home includes an oversized patio perfect for relaxing or entertaining, all on a low traffic street in a quiet, established neighborhood offering sidewalks, street lights and a Junior Olympic pool. Ideally located just off Reidville Road (Hwy 296) between Moore and Reidville, you’ll enjoy quick access to award-winning schools, groceries, dining, pharmacies, and everyday essentials within 3 minutes. Spartanburg and GSP International Airport are approximately 15 minutes away, with Greenville’s Pelham Road corridor and major medical facilities just 20 minutes away. Schedule your tour today and experience the convenience and comfort this home has to offer.

  13. 2026-03-12
    listed $290,000 Active 1077-char remark
    Show marketing remark (1077 chars)

    This all brick 3 bedroom, 2 bath home offers low maintenance living with solid surface flooring throughout so no carpet! The interior features a functional layout with a spacious living area centered around a gas fireplace and a kitchen finished with granite countertops and matching backsplash. A walk-in laundry room and two car garage provide added convenience and storage. Situated on a level lot, the home includes an oversized patio perfect for relaxing or entertaining, all on a low traffic street in a quiet, established neighborhood offering sidewalks, street lights and a Junior Olympic pool. Ideally located just off Reidville Road (Hwy 296) between Moore and Reidville, you’ll enjoy quick access to award-winning schools, groceries, dining, pharmacies, and everyday essentials within 3 minutes. Spartanburg and GSP International Airport are approximately 15 minutes away, with Greenville’s Pelham Road corridor and major medical facilities just 20 minutes away. Schedule your tour today and experience the convenience and comfort this home has to offer.

  14. 2026-02-16
    historical $1,900
  15. 2026-01-28
    price $1,900
  16. 2025-12-06
    listed $2,100
  17. 2025-02-23
    historical $1,800
  18. 2025-02-14
    price $1,800
  19. 2025-01-13
    listed $1,950
  20. 2025-01-05
    historical $1,995
  21. 2024-12-05
    price $1,995
  22. 2024-11-20
    listed $2,295
  23. 2012-07-02
    soldstatus $116,000
  24. 2012-06-29
    soldstatus $116,000 1179-char remark
    Show marketing remark (1179 chars)

    Foreclosure price tag on a move in ready home! Do not miss out on the best deal in Sweetwater Hills. This all brick 3 bedroom 2 bath home has beautiful mature landscaping and a covered front porch. As you enter the home you notice the soaring ceilings in the living room that is complete with new carpet, paint, and a fireplace. The master bedroom has a huge walk in closet and a newly painted master bath with double vanities, garden tub, and walk in shower. The living room, master bedroom, and one of the secondary bedrooms all have vaulted ceilings. All other rooms feature high 9 foot ceilings. Other features of the home include a true laundry room, pantry, ceiling fans in all bedrooms, nice blinds throughout, new carpet & paint in most areas, finished garage, garage door opener, yard door in the garage, and a patio. The neighborhood features sidewalks on both sides of the street, street lights, and a great junior olympic pool that is only open to home owners in Sweetwater Hills. The annual HOA fees are one of the lowest in our area at $275 in 2011. This sale should not be used as a standard comparable. It was a distressed sale which was part of an estate.

  25. 2012-06-29
    soldstatus $116,000
    Show marketing remark (1179 chars)

    Foreclosure price tag on a move in ready home! Do not miss out on the best deal in Sweetwater Hills. This all brick 3 bedroom 2 bath home has beautiful mature landscaping and a covered front porch. As you enter the home you notice the soaring ceilings in the living room that is complete with new carpet, paint, and a fireplace. The master bedroom has a huge walk in closet and a newly painted master bath with double vanities, garden tub, and walk in shower. The living room, master bedroom, and one of the secondary bedrooms all have vaulted ceilings. All other rooms feature high 9 foot ceilings. Other features of the home include a true laundry room, pantry, ceiling fans in all bedrooms, nice blinds throughout, new carpet & paint in most areas, finished garage, garage door opener, yard door in the garage, and a patio. The neighborhood features sidewalks on both sides of the street, street lights, and a great junior olympic pool that is only open to home owners in Sweetwater Hills. The annual HOA fees are one of the lowest in our area at $275 in 2011. This sale should not be used as a standard comparable. It was a distressed sale which was part of an estate.

  26. 2012-05-23
    historical
  27. 2012-04-10
    listed $120,000
  28. 2012-02-06
    listed $120,000 1179-char remark
    Show marketing remark (1179 chars)

    Foreclosure price tag on a move in ready home! Do not miss out on the best deal in Sweetwater Hills. This all brick 3 bedroom 2 bath home has beautiful mature landscaping and a covered front porch. As you enter the home you notice the soaring ceilings in the living room that is complete with new carpet, paint, and a fireplace. The master bedroom has a huge walk in closet and a newly painted master bath with double vanities, garden tub, and walk in shower. The living room, master bedroom, and one of the secondary bedrooms all have vaulted ceilings. All other rooms feature high 9 foot ceilings. Other features of the home include a true laundry room, pantry, ceiling fans in all bedrooms, nice blinds throughout, new carpet & paint in most areas, finished garage, garage door opener, yard door in the garage, and a patio. The neighborhood features sidewalks on both sides of the street, street lights, and a great junior olympic pool that is only open to home owners in Sweetwater Hills. The annual HOA fees are one of the lowest in our area at $275 in 2011. This sale should not be used as a standard comparable. It was a distressed sale which was part of an estate.

ⓘ 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
$3,548 · $296/mo
Projected year-2 tax
$3,548 · $296/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 3/10 Moderate
  • 🌡 Heat 6/10 Major 7 d/yr ≥105°F today · 17 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low 2% chance of damaging wind over 30 yrs
  • 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 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
$27,935
− Mortgage interest
−$15,403
− Property taxes
−$3,548
− Insurance
−$1,375
− Repairs & maintenance
−$2,235
− Management
−$2,235
− HOA
−$348
− Depreciation
−$7,999
Taxable loss
−$5,208
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,250
After-tax cash flow
$743/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
Spartanburg 05
NCES district ID
4503600
Math proficiency
45% ▼ -11.00%
Reading proficiency
51% ▬ 0.00%
Median HH income
$52,127
Composite
41.31/100
National rank
#3512
State rank
#13 of 80 in SC

Livability — Reidville

Score
80/100
State rank
#12
US rank
#1810

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Spartanburg County · 258,607 people
City population
129
Metro
Spartanburg, SC
Population (ZIP)
16,503
Household income
$82,924
Rent vs Own
13.3% rent · 86.7% own
Severe rent burden
199.0

Population outlook (Spartanburg County) Hauer SSP2

Today (2025)
325,495 people
By 2030
338,800 · +4.1%
By 2040
363,471 · +11.7%
By 2050
384,156 · +18.0%
By 2075
430,137 · +32.1%
By 2100
442,733 · +36.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (65%)
Race & ethnicity
White 65% Black 20% Hispanic / Latino 11% Two or more races 9% Asian 2%
Hispanic origin (detail)
Mexican 4% Cuban 3%
Common ancestry
Italian 2% Lithuanian 2% Slovak 1%
Foreign-born
8% · Canada, Jamaica, Dominican Republic
Languages at home
87% English-only · Spanish 10% Other Indo-European 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Spartanburg

2024 margin
Solid R (+33.6) · D 32.6% · R 66.2% · Other 1.2%
2008→2024 swing
-12.0pp toward R · 2008: -21.6pp · 2024: -33.6pp
All cycles
2024: R+33.6 2020: R+27.3 2016: R+30.0 2012: R+23.1 2008: R+21.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -80.31%
Current HPI
212.4242
Rent YoY
▲ 1.75%
Metro
Spartanburg, SC
State GDP YoY
▲ 4.51%
F500 in state
2

Industry mix (Fortune 500 HQ in SC)

Industry F500 HQs Revenue

Price history

+129.1% since first listed
23 events — show timeline
  • 2026-05-05 Price Changed $274,977 Greater Greenville MLS
  • 2026-05-05 Price Changed $274,977 SPMLS
  • 2026-04-14 Price Changed $275,000 Greater Greenville MLS
  • 2026-04-14 Price Changed $275,000 SPMLS
  • 2026-04-07 Price Changed $280,000 SPMLS
  • 2026-04-07 Listed $280,000 Greater Greenville MLS
  • 2026-03-20 Price Changed $285,000 SPMLS
  • 2026-03-12 Listed $290,000 SPMLS
  • 2026-02-16 Rental Removed $1,900 APPFOLIO
  • 2026-01-28 Price Changed $1,900 APPFOLIO
  • 2025-12-06 Listed for Rent $2,100 APPFOLIO
  • 2025-02-23 Rental Removed $1,800 APPFOLIO
  • 2025-02-14 Price Changed $1,800 APPFOLIO
  • 2025-01-13 Listed for Rent $1,950 APPFOLIO
  • 2025-01-05 Rental Removed $1,995 BUILDIUM
  • 2024-12-05 Price Changed $1,995 BUILDIUM
  • 2024-11-20 Listed for Rent $2,295 BUILDIUM
  • 2012-07-02 Sold (Public Records) $116,000 Public Records
  • 2012-06-29 Sold (MLS) $116,000 Greater Greenville MLS
  • 2012-06-29 Sold (MLS) $116,000 SPMLS
  • 2012-05-23 Listing Removed Greater Greenville MLS
  • 2012-04-10 Listed $120,000 Greater Greenville MLS
  • 2012-02-06 Listed $120,000 SPMLS

Property tax history

+15.5%/yr

Latest (2025): $3,548 · +235.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…