114 Edna St · Belvedere, SC 29841-2321

$144,900

3 bd · 1.0 ba · 970 sqft · SingleFamily public records · 49 Days on market

Built 1969 0.25 ac lot Est $169k · 14% under

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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 +25.8/30.0
• ARV discount +13.9/15.0
• DSCR +8.6/10.0
• 1% rule +6.7/10.0
• Appreciation +5.0/10.0
• Schools +3.2/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

-Property to be sold as-is. Buyer must verify all information. Seller requires proof of funds or pre-qualification letter with all offers. $500.00 earnest money check made out to Korn Law.

Key facts

• Attached carport
• Sliding glass doors
• Level lot

Tags

• BRICK RANCH
• LEVEL LOT
• PRIVATE HALF-BATHROOM
• SLIDING GLASS DOORS
• OVERSIZED UTILITY ROOM
• ATTACHED CARPORT

Property features AI

Exterior

• Parking: Carport attached (1 parking space)
• Utilities: Public sewer; Public water
• Home design: Single-story home
• Construction: Slab foundation
• Exterior features: Brick exterior above foundation; Paved road access; Public water

Interior

• Kitchen: Formica counter tops; Vinyl kitchen floor; Refrigerator included; Convection range with self-cleaning feature
• Bedrooms: Main-level master bedroom with private bath and carpeted floors; Main-level second bedroom with carpeted floors and private closet; Main-level third bedroom with carpeted floors and private closet
• Flooring: Carpet in bedrooms and living areas; Vinyl flooring in kitchen
• Bathrooms: One full bath; One half bath
• Heating & cooling: Central heating; Central cooling
• Interior features: Carpeted living areas; Private master bath; Closets in bedrooms; Cabinets painted in kitchen
• Laundry & utility: Laundry in a utility room

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $145k.

Deal economics

• At list price, monthly cash flow is $351 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $145k).
• Recommended offer: $141k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 60/100 on livability (#225 in SC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime D, employment D, amenities F.
• Aiken 01 (suburban): math 31% / reading 44% proficiency, ranked #36 of 80 in SC (top 45%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Aiken Elementary (math 34% / reading 40%, grade F, #315 of 597 statewide, top 55%, 524 students, 100% FRL); Paul Knox Middle (math 32% / reading 43%, grade F, #90 of 229 statewide, top 42%, 683 students, 48% FRL); Aiken High (math 19% / reading 84%, grade D+, #146 of 196 statewide, top 75%, 1,195 students, 100% FRL) — zoned schools average 83% FRL vs 54% district-wide (29 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 1 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 2,500 units permitted in Aiken County in 2024 (1,023 in 5+ unit buildings).

Forward outlook

• In year one you build about $5k of equity ($1k loan paydown + $4k appreciation (3.0% local appreciation)).
• Aiken County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $41k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 7, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 49 days — a 3% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 21y 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 $30k; list at $145k implies a 378% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 63% 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 $140,553 (3.0% below list)

Questions for the listing agent

1. It's been on market 49 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1969 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.17% ✓
• Cap rate: 9.20%
• Cash-on-cash: 10.39%
• DSCR: 1.46
• GRM: 7.1

CMA / ARV

• ARV (on-the-fly): $168,780
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
133 Edna St	0.15mi	3/1.5	1,000 (+3%)	7mo	$174,000	$174	80

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 17.2%
• Equity multiple: 1.98×
• Total profit: $39,859
• Equity at exit: $65,153

10-year hold

• IRR: 18.7%
• Equity multiple: 3.73×
• Total profit: $110,577
• Equity at exit: $100,409

Cash invested: $40,572 (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 29841-2321

• Active inventory: 1
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $1,702 medium
• Mortgage (P&I): −$760
• Tax from tax record: −$173 /mo · $2,072/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$357
• Net cashflow: $351

Break-even live

Break-even rent $1,257

Max offer price $144,900

Occupancy floor 74%

Sensitivity live

Price	-10% $433	-5% $392	+0% $351	+5% $310	+10% $269
Rent	-10% $217	-5% $284	+0% $351	+5% $419	+10% $486
Rate	-1.0pp $424	-0.5pp $388	base $351	+0.5pp $314	+1.0pp $276

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: $36,225
• Closing costs: $4,347
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
10 Walnut Ln North Augusta, SC	1.0–4.0	1.0–2.5	1267	$2,303	$1.82	16d	12	1.45mi
103 Elizabeth Ave Belvedere, SC	2.0	1.0	729	$1,075	$1.47	26d	1	1.49mi

Listing history 13 events

1. 2026-05-07
   status Pending
2. 2026-04-22
   historical Active - Contingent
3. 2026-04-02
   status Active
4. 2026-03-25
   historical Active - Contingent
5. 2026-03-19
   listed $144,900 Active
6. 2026-02-13
   price $29,900 188-char remark

   Show marketing remark (188 chars)

   -Property to be sold as-is. Buyer must verify all information. Seller requires proof of funds or pre-qualification letter with all offers. $500.00 earnest money check made out to Korn Law.

7. 2022-02-10
   soldstatus $30,303 188-char remark

   Show marketing remark (188 chars)

   -Property to be sold as-is. Buyer must verify all information. Seller requires proof of funds or pre-qualification letter with all offers. $500.00 earnest money check made out to Korn Law.

8. 2021-12-14
   listed $475,000 188-char remark

   Show marketing remark (188 chars)

   -Property to be sold as-is. Buyer must verify all information. Seller requires proof of funds or pre-qualification letter with all offers. $500.00 earnest money check made out to Korn Law.

9. 2015-10-29
   soldstatus $2,767,000
10. 2005-10-27
    soldstatus $30,303 Closed 188-char remark

    Show marketing remark (188 chars)

    -Property to be sold as-is. Buyer must verify all information. Seller requires proof of funds or pre-qualification letter with all offers. $500.00 earnest money check made out to Korn Law.

11. 2005-10-27
    soldstatus $30,303 188-char remark

    Show marketing remark (188 chars)

    -Property to be sold as-is. Buyer must verify all information. Seller requires proof of funds or pre-qualification letter with all offers. $500.00 earnest money check made out to Korn Law.

12. 2005-09-21
    listed $29,900 188-char remark

    Show marketing remark (188 chars)

    -Property to be sold as-is. Buyer must verify all information. Seller requires proof of funds or pre-qualification letter with all offers. $500.00 earnest money check made out to Korn Law.

13. 1983-08-01
    soldstatus $37,500

ⓘ 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: $2,072 · $173/mo
• Projected year-2 tax: $2,072 · $173/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 4/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥106°F today · 17 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 63% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,421
• − Mortgage interest: −$8,117
• − Property taxes: −$2,072
• − Insurance: −$724
• − Repairs & maintenance: −$1,634
• − Management: −$1,634
• − Depreciation: −$4,215
• Taxable income: $2,025
• Est. tax owed @ 24.0%: −$486
• After-tax cash flow: $3,731/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: Aiken 01
• NCES district ID: 4500720
• Math proficiency: 31% ▼ -11.00%
• Reading proficiency: 44% ▼ -1.00%
• Median HH income: $45,081
• Composite: 31.91/100
• National rank: #5857
• State rank: #36 of 80 in SC

Livability — Belvedere

• Score: 60/100
• State rank: #225
• US rank: #18932

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Belvedere, SC

Population outlook (Aiken County) Hauer SSP2

• Today (2025): 178,003 people
• By 2030: 182,876 · +2.7%
• By 2040: 189,970 · +6.7%
• By 2050: 193,840 · +8.9%
• By 2075: 199,453 · +12.1%
• By 2100: 192,403 · +8.1%

Not yet ingested

• Political lean: —
• Race & ethnicity: —
• Common origin: —
• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• Rent YoY: —
• Metro: —
• 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

+286.4% since first listed

13 events — show timeline

• 2026-05-07 Pending — Consolidated MLS
• 2026-04-22 Contingent — Consolidated MLS
• 2026-04-02 Relisted — Consolidated MLS
• 2026-03-25 Contingent — Consolidated MLS
• 2026-03-19 Listed $144,900 Consolidated MLS
• 2026-02-13 Price Changed $29,900 Hive MLS
• 2022-02-10 Sold (MLS) $30,303 Hive MLS
• 2021-12-14 Listed $475,000 Hive MLS
• 2015-10-29 Sold (Public Records) $2,767,000 Public Records
• 2005-10-27 Sold (MLS) $30,303 Hive MLS
• 2005-10-27 Sold (MLS) $30,303 Hive MLS
• 2005-09-21 Listed $29,900 Hive MLS
• 1983-08-01 Sold (Public Records) $37,500 Public Records

Property tax history

+7.3%/yr

Latest (2025): $2,072 · +10.7% YoY. Source: county tax records.