3 Woodall Ct · Charleston, SC 29403

$375,000

3 bd · 2.5 ba · 1,680 sqft · SingleFamily public records · 435 Days on market

Built 1963 1,742 sqft lot

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Why this score? — see what drove the B- 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 +28.0/30.0
• DSCR +9.9/10.0
• ARV discount +7.5/15.0
• 1% rule +6.8/10.0
• Schools +4.3/10.0
• Livability +3.8/5.0
• Rent growth +3.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Opportunity awaits at 3 Woodall Court! This gutted home is ready for renovation or a fresh vision. Located within walking distance to restaurants, The Citadel, MUSC, and Hampton Park, the possibilities are endless. Purchase individually or combine with 227 and 229 Fishburne Street for a larger downtown project. Don't miss this incredible chance to create something special in the heart of Charleston! No off-street parking for this property. No survey or plat. Permit for the removal of the large Sycamore tree can be found in the documents. UPDATE 5/26/2026: WE HAVE HAD A LOT OF INTEREST AND OFFERS ON THESE PROPERTIES. AT THIS TIME, THERE IS STILL NO ETA ON PROBATE AND NO CHANGES TO REPORT. SE

Key facts

• Heart of charleston
• 1,742 sq ft lot
• Built 1963

Tags

• WALKING DISTANCE TO MUSC
• HEART OF CHARLESTON

Property features AI

Finance

• HOA & community: Trash service included in community features

Exterior

• Utilities: Public sewer; Charleston Water Service; Dominion Energy
• Home design: Single-family detached home; One story; Located in the Westside subdivision; Residential property
• Construction: Asphalt roof
• Exterior features: Asphalt roof; Lot under 0.5 acre; No other structures on the property

Interior

• Bedrooms: 2 bedrooms (master bedroom on the lower level)
• Bathrooms: 1 bathroom
• Heating & cooling: Wall Unit(s)
• Interior features: Wall unit heating

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $375k.

Deal economics

• At list price, monthly cash flow is $743 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $375k).
• Recommended offer: $330k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.0% vs local median 2.4% in Charleston — 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 76/100 on livability (#22 in SC, #3,336 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, housing A+, health & safety A+; Watch: crime D+, commute F, cost of living D-.
• Charleston 01 (urban): math 48% / reading 53% proficiency, ranked #7 of 80 in SC (top 9%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Mitchell Elementary (math 22% / reading 8%, grade F, #549 of 597 statewide, top 92%, 222 students, 100% FRL); Simmons Pinckney Middle (math 3% / reading 13%, grade F, #226 of 229 statewide, top 99%, 219 students, 100% FRL); Burke High (math 32% / reading 67%, grade D, #151 of 196 statewide, top 79%, 352 students, 100% FRL) — zoned schools average 100% FRL vs 44% district-wide (56 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 24% at this address vs 50% district-wide (-26 pts) — the specific schools serving this property underperform the Charleston 01 average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising fast (+4.6%/yr); 147 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 4,156 units permitted in Charleston County in 2024 (857 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $11k of value loss. Plan a longer hold.
• Charleston County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 4.6% rent growth), your $105k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 435 days — a 12% lower offer ($330k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 2y ago; this cycle's ask is 6150% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $330,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 435 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1963 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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 A-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. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 1.18% ✓
• Cap rate: 10.04%
• Cash-on-cash: 13.37%
• DSCR: 1.59
• GRM: 7.1

CMA / ARV

• ARV (on-the-fly): $882,000
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
14 F St Unit B	0.60mi	3/2.5	1,676 (-0%)	2mo	$800,000	$477	70
8 Islington Ct	0.42mi	3/3.0	1,540 (-8%)	1mo	$800,000	$519	64
68 Vanderhorst St Unit A	0.72mi	3/2.5	1,670 (-1%)	2mo	$875,000	$524	64
193 Saint Philip St	0.60mi	3/2.5	1,768 (+5%)	0mo	$1,225,000	$693	63
668 Rutledge Ave	0.53mi	3/1.5	1,620 (-4%)	3mo	$799,999	$494	63
2 F St	0.60mi	3/2.5	1,770 (+5%)	1mo	$875,000	$494	62
68 Vanderhorst St Unit B	0.72mi	3/2.5	1,720 (+2%)	2mo	$875,000	$509	61
122 Smith St	0.73mi	3/2.5	1,724 (+3%)	1mo	$1,595,000	$925	61
55 Carolina St	0.30mi	3/2.5	1,921 (+14%)	2mo	$1,425,000	$742	61
6 F St	0.60mi	3/2.5	1,553 (-8%)	2mo	$815,000	$525	58
152 Grove St	0.74mi	3/2.0	1,800 (+7%)	0mo	$1,260,000	$700	51
16 Cleveland St #300	0.65mi	3/3.5	1,489 (-11%)	2mo	$840,000	$564	45

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 · 4.58% rent growth · sell at horizon

5-year hold

• IRR: -1.5%
• Equity multiple: 0.94×
• Total profit: $-6,146
• Equity at exit: $55,914

10-year hold

• IRR: 9.9%
• Equity multiple: 1.82×
• Total profit: $86,426
• Equity at exit: $32,423

Cash invested: $105,000 (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 29403

• Rents YoY: 4.6%
• Active inventory: 147
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $4,410 high
• Mortgage (P&I): −$1,967
• Tax from tax record: −$191 /mo · $2,290/yr
• Insurance: −$156
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$926
• Net cashflow: $743

Break-even live

Break-even rent $3,469

Max offer price $375,000

Occupancy floor 78%

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: $93,750
• Closing costs: $11,250
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
16 Nats Ct Charleston, SC	3.0	2.5	1400	$4,875	$3.48	14d	1	0.15mi
133 Bogard St Unit A Charleston, SC	2.0	1.0	1100	$3,200	$2.91	3d	1	0.22mi
133 Bogard St Unit B Charleston, SC	2.0	1.0	1100	$2,950	$2.68	24d	1	0.22mi
70 Carolina St Unit 301 Charleston, SC	3.0	3.0	1415	$5,400	$3.82	24d	1	0.23mi
250 Rutledge Ave Unit B Charleston, SC	3.0	2.0	1100	$4,500	$4.09	14d	1	0.25mi
9 Allway St Charleston, SC	3.0	2.0	1109	$2,700	$2.43	14d	1	0.27mi
16 Porters Ct Charleston, SC	3.0	2.0	1175	$3,500	$2.98	24d	1	0.29mi
25 Sires St Charleston, SC	2.0	2.0	1060	$4,900	$4.62	24d	1	0.32mi
10 Sires St Charleston, SC	2.0	2.5	1307	$6,000	$4.59	24d	1	0.36mi
21 Percy St Charleston, SC	2.0	2.5	1614	$6,500	$4.03	24d	1	0.38mi
272 Coming St Unit C Charleston, SC	3.0	3.5	1514	$5,000	$3.30	24d	1	0.42mi
3 Carrere Ct Charleston, SC	3.0	2.5	1469	$6,000	$4.08	3d	1	0.45mi
9 Bogard St Apt C Charleston, SC	3.0	2.5	1339	$5,400	$4.03	24d	1	0.48mi
10 Westedge St Charleston, SC	2.0	1.0–2.0	980	$5,058	$5.16	3d	28	0.52mi
13 H St Charleston, SC	3.0	2.5	1201	$6,000	$5.00	3d	1	0.53mi
40 H St Charleston, SC	3.0	2.0	1317	$3,930	$2.98	14d	1	0.55mi
6 F St Charleston, SC	3.0	2.5	1553	$5,600	$3.61	24d	1	0.57mi
6 Maverick St Charleston, SC	4.0	2.0	1170	$3,750	$3.21	3d	1	0.61mi
45 Morris St Unit A Charleston, SC	3.0	2.5	1449	$5,300	$3.66	3d	1	0.61mi
40 Line St Charleston, SC	2.0	1.0–2.0	1032	$10,465	$10.14	3d	79	0.66mi
1000 King St Charleston, SC	2.0–3.0	1.0–2.0	975	$2,800	$2.87	3d	9	0.70mi
28 Woolfe St Unit 1523766P Charleston, SC	3.0	3.0	1356	$3,326	$2.45	14d	1	0.73mi
28 Woolfe St Unit 1523764P Charleston, SC	4.0	4.0	1539	$4,100	$2.66	21d	1	0.73mi
441 Meeting St Charleston, SC	2.0	1.0–2.0	993	$4,013	$4.04	3d	13	0.74mi
105 Cooper St Charleston, SC	3.0	2.0	1056	$2,750	$2.60	24d	1	0.75mi
201 Nassau St Charleston, SC	3.0	2.0	1188	$3,800	$3.20	3d	1	0.76mi
601 Meeting St Charleston, SC	2.0	1.0–2.0	743	$2,904	$3.91	3d	29	0.77mi
78 Nassau St Charleston, SC	3.0	2.0	1068	$4,500	$4.21	3d	1	0.80mi
18 Line St Unit C Charleston, SC	3.0	2.0	1300	$3,281	$2.52	14d	1	0.81mi
16 Gordon St Charleston, SC	3.0	1.5	1344	$3,800	$2.83	12d	1	0.83mi
73 Cooper St Charleston, SC	3.0	3.0	1450	$6,000	$4.14	24d	1	0.86mi
110 Gordon St Charleston, SC	2.0	1.5	1908	$3,500	$1.83	24d	1	0.87mi
61 Reid St Unit C Charleston, SC	4.0	2.5	1654	$6,000	$3.63	21d	1	0.88mi
1 Piedmont Ave Charleston, SC	3.0	3.0	1810	$6,500	$3.59	24d	1	0.91mi
75 Smith St Charleston, SC	4.0	3.5	1836	$11,000	$5.99	3d	1	0.93mi
831 Rutledge Ave Charleston, SC	2.0	2.0	1430	$4,300	$3.01	3d	1	0.96mi
87 Romney St Charleston, SC	3.0	2.5	2038	$3,695	$1.81	24d	1	0.97mi
49 America St Charleston, SC	4.0	2.0	2180	$6,000	$2.75	21d	1	0.98mi
24 Blake St Unit B Charleston, SC	2.0	2.5	1200	$3,200	$2.67	24d	1	0.99mi
39 America St Unit A Charleston, SC	3.0	1.0	1200	$2,600	$2.17	24d	1	0.99mi

Listing history 20 events

1. 2026-06-18
   days on market $375,000 Active 435 DOM
2. 2026-06-17
   days on market $375,000 Active 434 DOM
3. 2026-06-16
   days on market $375,000 Active 433 DOM
4. 2026-06-15
   remarks 699-char remark
5. 2026-06-15
   days on market $375,000 Active 432 DOM
6. 2026-06-10
   days on market $375,000 Active 427 DOM
7. 2026-06-09
   days on market $375,000 Active 426 DOM
8. 2026-06-08
   days on market $375,000 Active 425 DOM
9. 2026-06-07
   days on market $375,000 Active 424 DOM
10. 2026-06-05
    days on market $375,000 Active 421 DOM
11. 2026-06-03
    days on market $375,000 Active 420 DOM
12. 2026-06-01
    days on market $375,000 Active 418 DOM
13. 2026-05-31
    days on market $375,000 Active 417 DOM
14. 2025-10-22
    historical $6,000
15. 2025-04-24
    listed $6,000
16. 2025-04-09
    listed $375,000 Active
17. 2024-12-16
    historical $6,000
18. 2024-10-29
    listed $6,000
19. 2015-09-24
    soldstatus $427,900
20. 2014-09-12
    soldstatus $90,000

ⓘ 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: $2,290 · $191/mo
• Projected year-2 tax: $2,290 · $191/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 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥105°F today · 18 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $52,914
• − Mortgage interest: −$21,006
• − Property taxes: −$2,290
• − Insurance: −$6,994
• − Repairs & maintenance: −$4,233
• − Management: −$4,233
• − Depreciation: −$10,909
• Taxable income: $3,249
• Est. tax owed @ 24.0%: −$780
• After-tax cash flow: $8,140/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: Charleston 01
• NCES district ID: 4501440
• Math proficiency: 48% ▼ -2.00%
• Reading proficiency: 53% ▬ 0.00%
• Median HH income: $52,376
• Composite: 43.41/100
• National rank: #3018
• State rank: #7 of 80 in SC

Livability — Charleston

• Score: 76/100
• State rank: #22
• US rank: #3336

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Charleston, SC
• County: Charleston County · 366,793 people
• City population: 200,573
• Metro: Charleston-North Charleston, SC
• Population (ZIP): 22,533
• Household income: $66,944
• Rent vs Own: 67.1% rent · 32.9% own
• Severe rent burden: 2319.0

Population outlook (Charleston County) Hauer SSP2

• Today (2025): 480,562 people
• By 2030: 525,921 · +9.4%
• By 2040: 612,189 · +27.4%
• By 2050: 691,627 · +43.9%
• By 2075: 847,979 · +76.5%
• By 2100: 926,482 · +92.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (58%)
• Race & ethnicity: White 58% Black 34% Hispanic / Latino 4% Two or more races 3% Asian 1%
• Common ancestry: Slovak 2% Italian 2% Romanian 1%
• Foreign-born: 3% · Canada, Dominican Republic, China
• Languages at home: 96% English-only · Spanish 1% French/Haitian/Cajun 1% Other Indo-European 1%

Political lean MEDSL · Charleston

• 2024 margin: Lean D (+5.7) · D 51.9% · R 46.3% · Other 1.8%
• 2008→2024 swing: -2.7pp toward R · 2008: 8.3pp · 2024: 5.7pp
• All cycles: 2024: D+5.7 2020: D+12.9 2016: D+7.9 2012: D+2.4 2008: D+8.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -471.75%
• Current HPI: 585.4871
• Rent YoY: ▲ 4.58%
• Metro: Charleston-North Charleston, 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

-93.3% since first listed

7 events — show timeline

• 2025-10-22 Rental Removed $6,000 CHARLESTONMLS
• 2025-04-24 Listed for Rent $6,000 CHARLESTONMLS
• 2025-04-09 Listed $375,000 Charleston Trident MLS
• 2024-12-16 Rental Removed $6,000 CHARLESTONMLS
• 2024-10-29 Listed for Rent $6,000 CHARLESTONMLS
• 2015-09-24 Sold (Public Records) $427,900 Public Records
• 2014-09-12 Sold (Public Records) $90,000 Public Records

Property tax history

+26.2%/yr

Latest (2022): $2,290 · -4.9% YoY. Source: county tax records.