215 Jordan Dr · Travelers Rest, SC 29690

$195,000

2 bd · 2.0 ba · 840 sqft · Land · 95 Days on market

0.63 ac lot

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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).

• ARV discount +7.5/15.0
• Cash flow +7.4/30.0
• Schools +4.2/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.1/10.0
• DSCR +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 215 Jordan Dr, a beautiful 2023-built home with a blend of modern comfort and peaceful living! This 2-bedroom, 2-bathroom home sits on over . 5 an acre, giving you plenty of space to enjoy the outdoors while still being just minutes from downtown Travelers Rest. Outside, you’ll love the long private driveway that provides ample parking and added privacy. This property also features a convenient outbuilding for all your storage needs. Located near local schools and just a short drive to the shops, dining, and charm of downtown Travelers Rest. Don’t miss out on this opportunity schedule your showing today! More pictures to come.

Key facts

• 0.63 acre lot
• Listed 95 days

Property features AI

Finance

• HOA & community: HOA fee includes electricity

Exterior

• Parking: Gravel driveway
• Utilities: Public water; Septic sewer; Electric-powered systems
• Home design: Single-story residence; Approximately 1–5 years old; Residential property
• Construction: Vinyl siding exterior; Architectural roof; Crawl space foundation; Outbuilding for storage
• Exterior features: Front porch; Patio; Some trees and wooded areas; Gently sloped lot

Interior

• Kitchen: Dishwasher; Convection oven; Electric cooktop; Refrigerator
• Bedrooms: Two main-level bedrooms; Primary bedroom with full bath (13 x 11); Second bedroom (13 x 8)
• Flooring: Luxury vinyl tile/plank
• Bathrooms: Two full bathrooms (both on the main level)
• Heating & cooling: Forced air heating; Central electric cooling
• Interior features: Ceiling fans; Coffered ceilings; Laminate countertops
• Laundry & utility: Main-level laundry with washer connection and electric dryer hookup; Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath land listed at $195k.

Deal economics

• At list price, monthly cash flow is $-254 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $158k (18.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $138k (29.0% below list).
• Recommended offer: $138k (29.0% below list) — sets the bar for 1% rule.
• Cap rate 4.7% vs local median 2.3% in Travelers Rest — 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 73/100 on livability (#41 in SC) — a middle-class / working-renter tenant base. Strengths: health & safety A+, cost of living A, amenities B+; Watch: commute F, employment F.
• Greenville 01 (suburban): math 44% / reading 54% proficiency, ranked #10 of 80 in SC (top 12%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Heritage Elementary (math 52% / reading 47%, grade D, #168 of 597 statewide, top 31%, 561 students, 83% FRL) — zoned schools average 83% FRL vs 42% district-wide (40 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 344 active listings in the ZIP; 5,595 units permitted in Greenville County in 2024 (566 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Greenville County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 95 days — a 9% lower offer ($177k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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 $40k; list at $195k implies a 385% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $138,492 (29.0% 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 95 days. Have you received any prior offers? Is the seller open to a 29% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 0.71% ✗
• Cap rate: 4.73%
• Cash-on-cash: -5.57%
• DSCR: 0.75
• GRM: 11.7

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: -25.8%
• Equity multiple: 0.13×
• Total profit: $-47,724
• Equity at exit: $29,075

10-year hold

• IRR: -22.4%
• Equity multiple: -0.14×
• Total profit: $-62,263
• Equity at exit: $16,860

Cash invested: $54,600 (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 29690

• Home prices YoY: -32.6%
• Active inventory: 344
• Price-to-rent: 11.7×

Monthly cashflow live

• Estimated rent: $1,385 medium
• Mortgage (P&I): −$1,023
• Tax est. 1.5%: −$244 /mo · $2,925/yr
• Insurance: −$81
• HOA: −$0
• Vacancy / Maint / Mgmt: −$291
• Net cashflow: $-254

Break-even live

Break-even rent $1,706

Max offer price $158,316

Occupancy floor —

Sensitivity live

Price	-10% $-119	-5% $-186	+0% $-254	+5% $-321	+10% $-388
Rent	-10% $-363	-5% $-308	+0% $-254	+5% $-199	+10% $-144
Rate	-1.0pp $-155	-0.5pp $-204	base $-254	+0.5pp $-304	+1.0pp $-355

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: $48,750
• Closing costs: $5,850
• Reserves months: —
• Total cash needed: —

Listing history 20 events

1. 2026-06-22
   days on market $195,000 Active 95 DOM
2. 2026-06-18
   days on market $195,000 Active 92 DOM
3. 2026-06-17
   days on market $195,000 Active 91 DOM
4. 2026-06-16
   days on market $195,000 Active 90 DOM
5. 2026-06-15
   days on market $195,000 Active 89 DOM
6. 2026-06-13
   days on market $195,000 Active 87 DOM
7. 2026-06-13
   days on market $195,000 Active 86 DOM
8. 2026-06-10
   days on market $195,000 Active 84 DOM
9. 2026-06-09
   days on market $195,000 Active 83 DOM
10. 2026-06-08
    days on market $195,000 Active 82 DOM
11. 2026-06-07
    days on market $195,000 Active 81 DOM
12. 2026-06-03
    days on market $195,000 Active 77 DOM
13. 2026-06-03
    days on market $195,000 Active 76 DOM
14. 2026-06-01
    days on market $195,000 Active 75 DOM
15. 2026-05-31
    days on market $195,000 Active 74 DOM
16. 2026-05-21
    price $190,000 657-char remark

    Show marketing remark (657 chars)

    Welcome to 215 Jordan Dr, a beautiful 2023-built home with a blend of modern comfort and peaceful living! This 2-bedroom, 2-bathroom home sits on over . 5 an acre, giving you plenty of space to enjoy the outdoors while still being just minutes from downtown Travelers Rest. Outside, you’ll love the long private driveway that provides ample parking and added privacy. This property also features a convenient outbuilding for all your storage needs. Located near local schools and just a short drive to the shops, dining, and charm of downtown Travelers Rest. Don’t miss out on this opportunity schedule your showing today! More pictures to come.

17. 2026-03-18
    listed $195,000 Active
18. 2026-03-17
    listed $195,000 Active 657-char remark

    Show marketing remark (657 chars)

    Welcome to 215 Jordan Dr, a beautiful 2023-built home with a blend of modern comfort and peaceful living! This 2-bedroom, 2-bathroom home sits on over . 5 an acre, giving you plenty of space to enjoy the outdoors while still being just minutes from downtown Travelers Rest. Outside, you’ll love the long private driveway that provides ample parking and added privacy. This property also features a convenient outbuilding for all your storage needs. Located near local schools and just a short drive to the shops, dining, and charm of downtown Travelers Rest. Don’t miss out on this opportunity schedule your showing today! More pictures to come.

19. 2022-06-13
    soldstatus $40,200
20. 1983-12-16
    soldstatus $3,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥103°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,619
• − Mortgage interest: −$10,923
• − Property taxes: −$2,925
• − Insurance: −$975
• − Repairs & maintenance: −$1,330
• − Management: −$1,330
• − Depreciation: −$5,673
• Taxable loss: −$6,536
• Est. tax savings @ 24.0%: +$1,569
• After-tax cash flow: $-1,474/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: Greenville 01
• NCES district ID: 4502310
• Math proficiency: 44% ▼ -10.00%
• Reading proficiency: 54% ▼ -2.00%
• Median HH income: $49,596
• Composite: 41.88/100
• National rank: #3370
• State rank: #10 of 80 in SC

Livability — Travelers Rest

• Score: 73/100
• State rank: #41
• US rank: #5283

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Greenville County · 573,815 people
• City population: 26,358
• Metro: Greenville-Anderson, SC
• Population (ZIP): 26,358
• Household income: $69,956
• Rent vs Own: 18.7% rent · 81.3% own
• Severe rent burden: 557.0

Population outlook (Greenville County) Hauer SSP2

• Today (2025): 574,580 people
• By 2030: 615,615 · +7.1%
• By 2040: 695,373 · +21.0%
• By 2050: 769,367 · +33.9%
• By 2075: 933,296 · +62.4%
• By 2100: 1,029,196 · +79.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Black 8% Two or more races 6% Hispanic / Latino 5% Asian 1%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Slovak 3% Lithuanian 2% Serbian 2%
• Foreign-born: 4% · Canada
• Languages at home: 94% English-only · Spanish 4% German/W. Germanic 1%

Political lean MEDSL · Greenville

• 2024 margin: Strong R (+22.2) · D 38.0% · R 60.2% · Other 1.8%
• 2008→2024 swing: +1.7pp toward D · 2008: -23.9pp · 2024: -22.2pp
• All cycles: 2024: R+22.2 2020: R+18.2 2016: R+24.7 2012: R+27.8 2008: R+23.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -119.30%
• Current HPI: 246.9974
• Rent YoY: —
• 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

+6233.3% since first listed

5 events — show timeline

• 2026-05-21 Price Changed $190,000 SPMLS
• 2026-03-18 Listed $195,000 Greater Greenville MLS
• 2026-03-17 Listed $195,000 SPMLS
• 2022-06-13 Sold (Public Records) $40,200 Public Records
• 1983-12-16 Sold (Public Records) $3,000 Public Records

Property tax history

-5.2%/yr

Latest (2025): $133 · +57.5% YoY. Source: county tax records.