207 Jewel St N · New Ellenton, SC 29809

$160,000

2 bd · 3.0 ba · 2,008 sqft · SingleFamily public records

Built 1947 0.38 ac lot Est $257k · 38% under

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Why this score? — see what drove the C- 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 +16.3/30.0
• ARV discount +15.0/15.0
• DSCR +5.1/10.0
• 1% rule +4.2/10.0
• Schools +3.2/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Come See This 4BR/2BA Expanded Ranch Home on a 1.09 Acre Corner Lot!! Home Has Been Recently Remodeled and Renovated Including a Brand New Roof, New HVAC, New Kitchen and Baths, New Lighting and Fixtures T/O, Plus Fresh Paint and Brand New LVP Flooring Too!! Property Has 2 Driveway Entrances, Some New Chain Link Fencing, Fresh Landscaping, and a 2-Car Carport in the Rear!! Call Now and Make This One Yours to Call Home!!

Key facts

• 0.38 acre lot
• Built 1947

What this means for you Summary

Snapshot

• This is a 2-bed/3.0-bath single-family listed at $160k.

Deal economics

• At list price, monthly cash flow is $89 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $148k (7.6% below list).
• Recommended offer: $148k (7.6% below list) — sets the bar for 1% rule.
• Cap rate 7.0% vs local median 2.1% in New Ellenton — 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 62/100 on livability (#194 in SC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B; Watch: employment D, amenities F, commute 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: Redcliffe Elementary (math 41% / reading 37%, grade F, #301 of 597 statewide, top 51%, 631 students, 100% FRL); New Ellenton Steam Magnet Middle (math 32% / reading 47%, grade F, #82 of 229 statewide, top 37%, 285 students, 62% FRL); Silver Bluff High (math 42% / reading 82%, grade B-, #99 of 196 statewide, top 53%, 708 students, 65% FRL) — zoned schools average 76% FRL vs 54% district-wide (22 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 46 active listings in the ZIP; 2,500 units permitted in Aiken County in 2024 (1,023 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 $5k of value loss. Plan a longer hold.
• Aiken County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• Only 0 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 7y ago; this cycle's ask has dropped $100k (38%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1947 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 78% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $147,793 (7.6% below list)

Questions for the listing agent

1. Built in 1947 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. 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.
5. 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.
6. 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: 0.92% ✗
• Cap rate: 6.96%
• Cash-on-cash: 2.38%
• DSCR: 1.11
• GRM: 9.0

CMA / ARV

• ARV (on-the-fly): $257,024
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
500 Tennessee Ave	0.44mi	3/2.0 (+1)	2,032 (+1%)	2mo	$259,900	$128	67
415 Lee Ave	0.40mi	2/2.0	1,751 (-13%)	3mo	$160,000	$91	54
405 Cherryvale Ave	0.38mi	3/2.0 (+1)	1,772 (-12%)	21mo	$295,000	$166	36

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: -12.5%
• Equity multiple: 0.55×
• Total profit: $-20,264
• Equity at exit: $23,857

10-year hold

• IRR: -3.5%
• Equity multiple: 0.77×
• Total profit: $-10,338
• Equity at exit: $13,834

Cash invested: $44,800 (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 29809

• Home prices YoY: -13.2%
• Active inventory: 46
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $1,478 medium
• Mortgage (P&I): −$839
• Tax from tax record: −$173 /mo · $2,076/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$310
• Net cashflow: $89

Break-even live

Break-even rent $1,366

Max offer price $160,000

Occupancy floor 89%

Sensitivity live

Price	-10% $179	-5% $134	+0% $89	+5% $44	+10% $-2
Rent	-10% $-28	-5% $30	+0% $89	+5% $147	+10% $206
Rate	-1.0pp $169	-0.5pp $130	base $89	+0.5pp $47	+1.0pp $5

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: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

Listing history 11 events

1. 2025-02-07
   soldstatus $200,000 Closed 426-char remark

   Show marketing remark (426 chars)

   Come See This 4BR/2BA Expanded Ranch Home on a 1.09 Acre Corner Lot!! Home Has Been Recently Remodeled and Renovated Including a Brand New Roof, New HVAC, New Kitchen and Baths, New Lighting and Fixtures T/O, Plus Fresh Paint and Brand New LVP Flooring Too!! Property Has 2 Driveway Entrances, Some New Chain Link Fencing, Fresh Landscaping, and a 2-Car Carport in the Rear!! Call Now and Make This One Yours to Call Home!!

2. 2024-12-10
   status Pending 426-char remark

   Show marketing remark (426 chars)

   Come See This 4BR/2BA Expanded Ranch Home on a 1.09 Acre Corner Lot!! Home Has Been Recently Remodeled and Renovated Including a Brand New Roof, New HVAC, New Kitchen and Baths, New Lighting and Fixtures T/O, Plus Fresh Paint and Brand New LVP Flooring Too!! Property Has 2 Driveway Entrances, Some New Chain Link Fencing, Fresh Landscaping, and a 2-Car Carport in the Rear!! Call Now and Make This One Yours to Call Home!!

3. 2024-12-03
   price $200,000 426-char remark

   Show marketing remark (426 chars)

   Come See This 4BR/2BA Expanded Ranch Home on a 1.09 Acre Corner Lot!! Home Has Been Recently Remodeled and Renovated Including a Brand New Roof, New HVAC, New Kitchen and Baths, New Lighting and Fixtures T/O, Plus Fresh Paint and Brand New LVP Flooring Too!! Property Has 2 Driveway Entrances, Some New Chain Link Fencing, Fresh Landscaping, and a 2-Car Carport in the Rear!! Call Now and Make This One Yours to Call Home!!

4. 2024-11-01
   price $210,000 426-char remark

   Show marketing remark (426 chars)

   Come See This 4BR/2BA Expanded Ranch Home on a 1.09 Acre Corner Lot!! Home Has Been Recently Remodeled and Renovated Including a Brand New Roof, New HVAC, New Kitchen and Baths, New Lighting and Fixtures T/O, Plus Fresh Paint and Brand New LVP Flooring Too!! Property Has 2 Driveway Entrances, Some New Chain Link Fencing, Fresh Landscaping, and a 2-Car Carport in the Rear!! Call Now and Make This One Yours to Call Home!!

5. 2024-10-22
   price $240,000 426-char remark

   Show marketing remark (426 chars)

   Come See This 4BR/2BA Expanded Ranch Home on a 1.09 Acre Corner Lot!! Home Has Been Recently Remodeled and Renovated Including a Brand New Roof, New HVAC, New Kitchen and Baths, New Lighting and Fixtures T/O, Plus Fresh Paint and Brand New LVP Flooring Too!! Property Has 2 Driveway Entrances, Some New Chain Link Fencing, Fresh Landscaping, and a 2-Car Carport in the Rear!! Call Now and Make This One Yours to Call Home!!

6. 2024-09-21
   price $250,000 426-char remark

   Show marketing remark (426 chars)

   Come See This 4BR/2BA Expanded Ranch Home on a 1.09 Acre Corner Lot!! Home Has Been Recently Remodeled and Renovated Including a Brand New Roof, New HVAC, New Kitchen and Baths, New Lighting and Fixtures T/O, Plus Fresh Paint and Brand New LVP Flooring Too!! Property Has 2 Driveway Entrances, Some New Chain Link Fencing, Fresh Landscaping, and a 2-Car Carport in the Rear!! Call Now and Make This One Yours to Call Home!!

7. 2024-08-21
   listed $260,000 Active 426-char remark

   Show marketing remark (426 chars)

   Come See This 4BR/2BA Expanded Ranch Home on a 1.09 Acre Corner Lot!! Home Has Been Recently Remodeled and Renovated Including a Brand New Roof, New HVAC, New Kitchen and Baths, New Lighting and Fixtures T/O, Plus Fresh Paint and Brand New LVP Flooring Too!! Property Has 2 Driveway Entrances, Some New Chain Link Fencing, Fresh Landscaping, and a 2-Car Carport in the Rear!! Call Now and Make This One Yours to Call Home!!

8. 2019-04-26
   soldstatus $15,000 541-char remark

   Show marketing remark (541 chars)

   Cottage Home with the cute character you would expect. The side entry kitchen with space for a breakfast table leads into the Living room which is spacious and includes double windows, allowing great light to flood the space. There is a side porch previously enclosed and used for a multi purpose space. Down the hall is a bath and 2 bedrooms. The home sits on a nice sized fenced lot and is waiting for some attention to reignite its charm! Investors Special, so see it today & enjoy. Home being sold as is, no warranties, no repairs.

9. 2019-04-26
   soldstatus $15,000

   Show marketing remark (541 chars)

   Cottage Home with the cute character you would expect. The side entry kitchen with space for a breakfast table leads into the Living room which is spacious and includes double windows, allowing great light to flood the space. There is a side porch previously enclosed and used for a multi purpose space. Down the hall is a bath and 2 bedrooms. The home sits on a nice sized fenced lot and is waiting for some attention to reignite its charm! Investors Special, so see it today & enjoy. Home being sold as is, no warranties, no repairs.

10. 2019-03-04
    listed $19,900 541-char remark

    Show marketing remark (541 chars)

    Cottage Home with the cute character you would expect. The side entry kitchen with space for a breakfast table leads into the Living room which is spacious and includes double windows, allowing great light to flood the space. There is a side porch previously enclosed and used for a multi purpose space. Down the hall is a bath and 2 bedrooms. The home sits on a nice sized fenced lot and is waiting for some attention to reignite its charm! Investors Special, so see it today & enjoy. Home being sold as is, no warranties, no repairs.

11. 2019-03-04
    listed $19,900

    Show marketing remark (541 chars)

    Cottage Home with the cute character you would expect. The side entry kitchen with space for a breakfast table leads into the Living room which is spacious and includes double windows, allowing great light to flood the space. There is a side porch previously enclosed and used for a multi purpose space. Down the hall is a bath and 2 bedrooms. The home sits on a nice sized fenced lot and is waiting for some attention to reignite its charm! Investors Special, so see it today & enjoy. Home being sold as is, no warranties, no repairs.

ⓘ 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: $2,076 · $173/mo
• Projected year-2 tax: $2,076 · $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 5/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥109°F today · 17 d/yr by 30 yrs out
• 💨 Wind 7/10 Severe 78% 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: $17,735
• − Mortgage interest: −$8,962
• − Property taxes: −$2,076
• − Insurance: −$800
• − Repairs & maintenance: −$1,419
• − Management: −$1,419
• − Depreciation: −$4,655
• Taxable loss: −$1,596
• Est. tax savings @ 24.0%: +$383
• After-tax cash flow: $1,449/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 — New Ellenton

• Score: 62/100
• State rank: #194
• US rank: #16919

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: New Ellenton, SC
• City population: 2,426
• Population (ZIP): 2,426

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%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 46% Black 45% Two or more races 5% Hispanic / Latino 3%
• Common ancestry: Slovak 5% Lithuanian 1% Italian 1%
• Foreign-born: 1% · Canada, Jamaica
• Languages at home: 99% English-only · Spanish 1%

Political lean MEDSL · Aiken

• 2024 margin: Strong R (+25.9) · D 36.4% · R 62.2% · Other 1.4%
• 2008→2024 swing: -1.9pp toward R · 2008: -24.0pp · 2024: -25.9pp
• All cycles: 2024: R+25.9 2020: R+22.7 2016: R+27.5 2012: R+26.0 2008: R+24.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -31.58%
• Current HPI: 206.8995
• 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

+905.0% since first listed

11 events — show timeline

• 2025-02-07 Sold (MLS) $200,000 AMLS
• 2024-12-10 Pending — AMLS
• 2024-12-03 Price Changed $200,000 AMLS
• 2024-11-01 Price Changed $210,000 AMLS
• 2024-10-22 Price Changed $240,000 AMLS
• 2024-09-21 Price Changed $250,000 AMLS
• 2024-08-21 Listed $260,000 AMLS
• 2019-04-26 Sold (MLS) $15,000 Hive MLS
• 2019-04-26 Sold (MLS) $15,000 Hive MLS
• 2019-03-04 Listed $19,900 Hive MLS
• 2019-03-04 Listed $19,900 Hive MLS

Property tax history

+21.3%/yr

Latest (2025): $2,076 · +6.0% YoY. Source: county tax records.