769 Embark Cir · Greer, SC 29651

$214,900

3 bd · 2.5 ba · 1,462 sqft · Land · 35 Days on market

Built 2026 1,742 sqft lot $160/mo HOA · 9% of rent

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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 +8.2/30.0
• ARV discount +7.5/15.0
• Schools +4.1/10.0
• Livability +4.0/5.0
• 1% rule +3.5/10.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• DSCR +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Check out 769 Embark Circle, a beautifully designed townhome featuring three bedrooms, two and a half bathrooms, and a one-car garage. The open-concept layout is perfect for entertaining, ensuring you’re always part of the action. Upon entering, you'll be welcomed by a spacious foyer that leads into the living and dining areas. The kitchen provides ample storage and features a glass door that seamlessly connects the indoors with the patio, enhancing your living experience. A conveniently located half bathroom is situated off the living room. Moving upstairs, you’ll find two bedrooms, which share a bathroom complete with vanity and tub. The upstairs laundry room is also ideally located for easy access. On the opposite side of the floor, the primary bedroom features privacy and comfort. The en-suite primary bathroom boasts a double vanity and a walk-in shower with glass panels. The spacious walk-in closet is bathed in natural light, thanks to a window that brightens the space. The primary bedroom features a large window, filling the room with extra light. With its smart design, natural lighting, spacious layout, and modern finishes, this townhome is a wonderful place to call home. Pictures are representative.

Key facts

• Glass door
• Spacious foyer
• Patio

Tags

• OPEN-CONCEPT LAYOUT
• SPACIOUS FOYER
• AMPLE STORAGE
• GLASS DOOR
• PATIO
• UPSTAIRS LAUNDRY ROOM

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath land listed at $215k.

Deal economics

• At list price, monthly cash flow is $-201 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $186k (13.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $183k (15.0% below list).
• Recommended offer: $183k (15.0% below list) — sets the bar for 1% rule.
• Cap rate 5.2% vs local median 3.2% in Greer — 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 81/100 on livability (#7 in SC, #1,463 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, cost of living A+, housing A+; Watch: crime C-, 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: Reidville Elementary (math 57% / reading 57%, grade C+, #102 of 597 statewide, top 18%, 667 students, 46% FRL).
• Market conditions: Rents rising (+1.6%/yr); 503 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals leasing fast (median 14d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 3,129 units permitted in Spartanburg County in 2024 (40 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.
• 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 35 days — a 3% lower offer ($208k) 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.

Recommended offer $182,772 (15.0% 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 35 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. 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: 0.85% ✗
• Cap rate: 5.17%
• Cash-on-cash: -4.01%
• DSCR: 0.82
• GRM: 9.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.62% rent growth · sell at horizon

5-year hold

• IRR: -24.7%
• Equity multiple: 0.17×
• Total profit: $-50,017
• Equity at exit: $32,042

10-year hold

• IRR: -25.4%
• Equity multiple: -0.16×
• Total profit: $-69,537
• Equity at exit: $18,581

Cash invested: $60,172 (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 29651

• Home prices YoY: -29.4%
• Rents YoY: 1.6%
• Active inventory: 503
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $1,828 high
• Mortgage (P&I): −$1,127
• Tax est. 1.5%: −$269 /mo · $3,224/yr
• Insurance: −$90
• HOA: −$160
• Vacancy / Maint / Mgmt: −$384
• Net cashflow: $-201

Break-even live

Break-even rent $2,082

Max offer price $185,782

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: $53,725
• Closing costs: $6,447
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
808 Embark Cir Greer, SC	3.0	2.0	1740	$1,700	$0.98	13d	1	0.08mi
168 Randwick Ln Greer, SC	3.0	2.5	1470	$1,845	$1.26	12d	1	0.61mi
167 Randwick Ln Greer, SC	3.0	2.5	1470	$1,845	$1.26	12d	1	0.61mi
166 Randwick Ln Greer, SC	3.0	2.5	1500	$1,775	$1.18	3d	1	0.62mi
165 Randwick Ln Greer, SC	3.0	2.5	1470	$1,845	$1.26	12d	1	0.62mi
157 Randwick Ln Greer, SC	3.0	2.5	1470	$1,595	$1.09	21d	1	0.63mi
146 Randwick Ln Unit 146 Greer, SC	3.0	2.5	1470	$1,800	$1.22	19d	1	0.65mi
141 Randwick Ln Greer, SC	3.0	2.5	1470	$1,695	$1.15	21d	1	0.66mi

HOA detail

• Monthly dues: $160 · $1,920/yr

Listing history 7 events

1. 2026-03-23
   status Pending 1238-char remark

   Show marketing remark (1238 chars)

   Check out 769 Embark Circle, a beautifully designed townhome featuring three bedrooms, two and a half bathrooms, and a one-car garage. The open-concept layout is perfect for entertaining, ensuring you’re always part of the action. Upon entering, you'll be welcomed by a spacious foyer that leads into the living and dining areas. The kitchen provides ample storage and features a glass door that seamlessly connects the indoors with the patio, enhancing your living experience. A conveniently located half bathroom is situated off the living room. Moving upstairs, you’ll find two bedrooms, which share a bathroom complete with vanity and tub. The upstairs laundry room is also ideally located for easy access. On the opposite side of the floor, the primary bedroom features privacy and comfort. The en-suite primary bathroom boasts a double vanity and a walk-in shower with glass panels. The spacious walk-in closet is bathed in natural light, thanks to a window that brightens the space. The primary bedroom features a large window, filling the room with extra light. With its smart design, natural lighting, spacious layout, and modern finishes, this townhome is a wonderful place to call home. Pictures are representative.

2. 2026-03-23
   status Pending

   Show marketing remark (1238 chars)

   Check out 769 Embark Circle, a beautifully designed townhome featuring three bedrooms, two and a half bathrooms, and a one-car garage. The open-concept layout is perfect for entertaining, ensuring you’re always part of the action. Upon entering, you'll be welcomed by a spacious foyer that leads into the living and dining areas. The kitchen provides ample storage and features a glass door that seamlessly connects the indoors with the patio, enhancing your living experience. A conveniently located half bathroom is situated off the living room. Moving upstairs, you’ll find two bedrooms, which share a bathroom complete with vanity and tub. The upstairs laundry room is also ideally located for easy access. On the opposite side of the floor, the primary bedroom features privacy and comfort. The en-suite primary bathroom boasts a double vanity and a walk-in shower with glass panels. The spacious walk-in closet is bathed in natural light, thanks to a window that brightens the space. The primary bedroom features a large window, filling the room with extra light. With its smart design, natural lighting, spacious layout, and modern finishes, this townhome is a wonderful place to call home. Pictures are representative.

3. 2026-03-12
   price $214,900
4. 2026-03-11
   price $214,900 1238-char remark

   Show marketing remark (1238 chars)

   Check out 769 Embark Circle, a beautifully designed townhome featuring three bedrooms, two and a half bathrooms, and a one-car garage. The open-concept layout is perfect for entertaining, ensuring you’re always part of the action. Upon entering, you'll be welcomed by a spacious foyer that leads into the living and dining areas. The kitchen provides ample storage and features a glass door that seamlessly connects the indoors with the patio, enhancing your living experience. A conveniently located half bathroom is situated off the living room. Moving upstairs, you’ll find two bedrooms, which share a bathroom complete with vanity and tub. The upstairs laundry room is also ideally located for easy access. On the opposite side of the floor, the primary bedroom features privacy and comfort. The en-suite primary bathroom boasts a double vanity and a walk-in shower with glass panels. The spacious walk-in closet is bathed in natural light, thanks to a window that brightens the space. The primary bedroom features a large window, filling the room with extra light. With its smart design, natural lighting, spacious layout, and modern finishes, this townhome is a wonderful place to call home. Pictures are representative.

5. 2026-02-16
   listed $221,900 Active 1238-char remark

   Show marketing remark (1238 chars)

   Check out 769 Embark Circle, a beautifully designed townhome featuring three bedrooms, two and a half bathrooms, and a one-car garage. The open-concept layout is perfect for entertaining, ensuring you’re always part of the action. Upon entering, you'll be welcomed by a spacious foyer that leads into the living and dining areas. The kitchen provides ample storage and features a glass door that seamlessly connects the indoors with the patio, enhancing your living experience. A conveniently located half bathroom is situated off the living room. Moving upstairs, you’ll find two bedrooms, which share a bathroom complete with vanity and tub. The upstairs laundry room is also ideally located for easy access. On the opposite side of the floor, the primary bedroom features privacy and comfort. The en-suite primary bathroom boasts a double vanity and a walk-in shower with glass panels. The spacious walk-in closet is bathed in natural light, thanks to a window that brightens the space. The primary bedroom features a large window, filling the room with extra light. With its smart design, natural lighting, spacious layout, and modern finishes, this townhome is a wonderful place to call home. Pictures are representative.

6. 2026-02-16
   listed $221,900 Active

   Show marketing remark (1238 chars)

   Check out 769 Embark Circle, a beautifully designed townhome featuring three bedrooms, two and a half bathrooms, and a one-car garage. The open-concept layout is perfect for entertaining, ensuring you’re always part of the action. Upon entering, you'll be welcomed by a spacious foyer that leads into the living and dining areas. The kitchen provides ample storage and features a glass door that seamlessly connects the indoors with the patio, enhancing your living experience. A conveniently located half bathroom is situated off the living room. Moving upstairs, you’ll find two bedrooms, which share a bathroom complete with vanity and tub. The upstairs laundry room is also ideally located for easy access. On the opposite side of the floor, the primary bedroom features privacy and comfort. The en-suite primary bathroom boasts a double vanity and a walk-in shower with glass panels. The spacious walk-in closet is bathed in natural light, thanks to a window that brightens the space. The primary bedroom features a large window, filling the room with extra light. With its smart design, natural lighting, spacious layout, and modern finishes, this townhome is a wonderful place to call home. Pictures are representative.

7. 2024-07-25
   soldstatus $1,122,027

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

Taxation est. · year 1

• Rental income: $21,933
• − Mortgage interest: −$12,038
• − Property taxes: −$3,224
• − Insurance: −$1,074
• − Repairs & maintenance: −$1,755
• − Management: −$1,755
• − HOA: −$1,920
• − Depreciation: −$6,252
• Taxable loss: −$6,084
• Est. tax savings @ 24.0%: +$1,460
• After-tax cash flow: $-955/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 — Greer

• Score: 81/100
• State rank: #7
• US rank: #1463

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Greer, SC
• County: Greenville County · 573,815 people
• City population: 99,092
• Metro: Greenville-Anderson, SC
• Population (ZIP): 56,599
• Household income: $82,705
• Rent vs Own: 19.2% rent · 80.8% own
• Severe rent burden: 720.0

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 (73%)
• Race & ethnicity: White 73% Hispanic / Latino 11% Black 11% Two or more races 9% Asian 1%
• Hispanic origin (detail): Mexican 6% Puerto Rican 1%
• Common ancestry: Serbian 3% Slovak 2% Romanian 2%
• Foreign-born: 7% · Canada, Jamaica
• Languages at home: 89% English-only · Spanish 8% Other Indo-European 1% German/W. Germanic 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: ▼ -101.81%
• Current HPI: 243.9051
• Rent YoY: ▲ 1.62%
• 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

-80.8% since first listed

7 events — show timeline

• 2026-03-23 Pending — SPMLS
• 2026-03-23 Pending — Greater Greenville MLS
• 2026-03-12 Price Changed $214,900 Greater Greenville MLS
• 2026-03-11 Price Changed $214,900 SPMLS
• 2026-02-16 Listed $221,900 SPMLS
• 2026-02-16 Listed $221,900 Greater Greenville MLS
• 2024-07-25 Sold (Public Records) $1,122,027 Public Records

Property tax history

-0.2%/yr

Latest (2025): $66 · -0.2% YoY. Source: county tax records.