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306 Frog Leap Rd
C- Composite 51.51
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 +18.7/30.0
  • ARV discount +7.5/15.0
  • DSCR +5.9/10.0
  • 1% rule +5.8/10.0
  • Condition / age +4.0/5.0
  • Schools +3.6/10.0
  • Livability +3.5/5.0
  • Rent growth +2.5/5.0
  • Appreciation +0.0/10.0

$219,900

306 Frog Leap Rd · Blythewood, SC 29016
3 bd · 2.5 ba · 1,563 sqft · Townhouse · 67 Days on market
Built 2025 Good condition 4,356 sqft lot $133/mo HOA · 6% of rent ↓ 1% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

The Ashford floor plan features a modern, open-concept layout designed for both comfort and functionality. The first floor welcomes you with a charming front porch and foyer that lead into a spacious family room, perfect for relaxing or entertaining. The adjoining kitchen includes a large island, pantry, and breakfast area that opens to the back patio, creating an easy flow between indoor and outdoor living. A convenient powder room and attached garage complete the main level. Upstairs, the owner's suite offers a peaceful retreat with a private bath and generous walk-in closet. Two additional bedrooms share a full bath, providing ideal space for family, guests, or a home office. With thoughtful details and efficient design throughout, the Ashford combines everyday practicality with timeless style.

Key facts

  • Designer kitchen
  • Quartz countertops
  • Undermount sink

Tags

BACKS UP TO WOODSDESIGNER KITCHENWHITE SHAKER CABINETSQUARTZ COUNTERTOPSUNDERMOUNT SINKWHITE TILE BACKSPLASH

Property features AI

Finance

  • Other: New construction builder warranty
  • HOA & community: Homeowners association (association handles front and back yard maintenance and landscaping)

Exterior

  • Parking: Four total parking spaces; Attached 1-car garage (main level)
  • Utilities: Public sewer; Public water
  • Home design: Single-family property; Main entry level features living spaces (kitchen, great room on main); Bedrooms located on second floor
  • Construction: Slab foundation
  • Exterior features: Stone and vinyl exterior; Paved road access; Public water

Interior

  • Kitchen: Island; Laminate flooring; Tiled backsplash; Recessed lighting; Dishwasher; Disposal; Refrigerator; Over-the-range microwave; Free-standing gas range
  • Bedrooms: Primary bedroom on second floor with double vanity, private bath, ceiling fan, walk-in closet, and carpeted floors; Second bedroom on second floor with carpeted floors; Third bedroom on second floor with carpeted floors
  • Flooring: Carpet in bedrooms; Laminate flooring in great room and kitchen
  • Bathrooms: Two full bathrooms; One partial bathroom; One half bathroom
  • Heating & cooling: Gas heating on both levels; Heat pump cooling on both levels
  • Interior features: Ceiling fans; Garage door opener; Smoke detector; Attic with pull-down access
  • Laundry & utility: Electric laundry hookup in heated space (washer/dryer located on second floor)

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.5-bath townhouse listed at $220k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $218 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $220k).
  • Recommended offer: $207k (6.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 70/100 on livability (#58 in SC) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, health & safety F.
  • Richland 02 (suburban): math 35% / reading 47% proficiency, ranked #29 of 80 in SC (top 36%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Lake Carolina Elementary Lower Campus (494 students, 49% FRL); Blythewood High (math 72% / reading 92%, grade A, #19 of 196 statewide, top 10%, 2,094 students, 39% FRL).
  • Zoned-school proficiency averages 82% at this address vs 41% district-wide (+41 pts) — the actual schools serving this property are materially stronger than the Richland 02 average implies; a family-tenant draw the district grade alone would hide.
  • Market conditions: 650 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 3,472 units permitted in Richland County in 2024 (1,096 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
  • Richland County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 67 days — a 6% lower offer ($207k) 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 $206,706 (6.0% below list)

Questions for the listing agent

  1. It's been on market 67 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  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. 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. 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
1.08%
Cap rate
7.48%
Cash-on-cash
4.26%
DSCR
1.19
GRM
7.7

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
-9.6%
Equity multiple
0.65×
Total profit
$-21,608
Equity at exit
$32,788
10-year hold
IRR
-0.1%
Equity multiple
0.99×
Total profit
$-429
Equity at exit
$19,013

Cash invested: $61,572 (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.

ZIP-level market 29016

Home prices YoY
-26.3%
Active inventory
650
Price-to-rent
7.7×

Monthly cashflow live

Estimated rent
$2,368 high interval (Pro) →
Mortgage (P&I)
$1,153
Tax est. 1.5%
$275 /mo · $3,298/yr
Insurance
$92
HOA
$133
Vacancy / Maint / Mgmt
$497
Net cashflow
$218

Break-even live

Break-even rent $2,092
Max offer price $219,900
Occupancy floor 86%

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
$54,975
Closing costs
$6,597
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 7 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
20 Helton Dr Columbia, SC 1.0–3.0 1.0–2.0 1167 $1,899 $1.63 2d 38 0.16mi
223 Sunny Hill DR Blythewood, SC 3.0 3.5 1892 $2,495 $1.32 2d 1 0.20mi
5324 Hard Scrabble Rd Blythewood, SC 1.0–2.0 1.0–2.0 992 $1,915 $1.93 2d 59 0.21mi
416 Sandfarm Trl Blythewood, SC 3.0 2.5 1664 $2,025 $1.22 23d 1 0.40mi
416 Sandfarm Trl Blythewood, SC 3.0 2.5 1664 $2,025 $1.22 14d 1 0.40mi
225 Lawson Dr Columbia, SC 2.0 2.0 1288 $1,580 $1.23 23d 1 0.99mi
3 Long Glen Ct Columbia, SC 3.0 2.0 1314 $1,849 $1.41 2d 1 1.25mi

HOA detail

Monthly dues
$133 · $1,596/yr

Listing history 18 events

  1. 2026-06-18
    days on market $219,900 Active 67 DOM
  2. 2026-06-17
    days on market $219,900 Active 66 DOM
  3. 2026-06-16
    days on market $219,900 Active 65 DOM
  4. 2026-06-15
    days on market $219,900 Active 64 DOM
  5. 2026-06-14
    days on market $219,900 Active 62 DOM
  6. 2026-06-13
    days on market $219,900 Active 61 DOM
  7. 2026-06-10
    pricedays on market $219,900 Active 59 DOM
  8. 2026-06-09
    days on market $229,900 Active 58 DOM
  9. 2026-06-08
    days on market $229,900 Active 57 DOM
  10. 2026-06-07
    days on market $229,900 Active 56 DOM
  11. 2026-06-05
    days on market $229,900 Active 53 DOM
  12. 2026-06-03
    days on market $229,900 Active 52 DOM
  13. 2026-06-03
    days on market $229,900 Active 51 DOM
  14. 2026-06-01
    days on market $229,900 Active 50 DOM
  15. 2026-05-31
    days on market $229,900 Active 49 DOM
  16. 2026-05-12
    listed $229,900 Active 808-char remark
    Show marketing remark (808 chars)

    The Ashford floor plan features a modern, open-concept layout designed for both comfort and functionality. The first floor welcomes you with a charming front porch and foyer that lead into a spacious family room, perfect for relaxing or entertaining. The adjoining kitchen includes a large island, pantry, and breakfast area that opens to the back patio, creating an easy flow between indoor and outdoor living. A convenient powder room and attached garage complete the main level. Upstairs, the owner's suite offers a peaceful retreat with a private bath and generous walk-in closet. Two additional bedrooms share a full bath, providing ideal space for family, guests, or a home office. With thoughtful details and efficient design throughout, the Ashford combines everyday practicality with timeless style.

  17. 2026-05-07
    price $229,900
  18. 2026-04-12
    listed $232,900 Active

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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$28,421
− Mortgage interest
−$12,318
− Property taxes
−$3,298
− Insurance
−$1,100
− Repairs & maintenance
−$2,274
− Management
−$2,274
− HOA
−$1,596
− Depreciation
−$6,397
Taxable loss
−$835
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$200
After-tax cash flow
$2,821/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.

Condition & rehab AI · 12 photos

Good 80/100 Cosmetic rehab

This townhouse is in good condition with a modern kitchen and bathrooms. It has a good curb appeal and is ready for a fresh coat of paint and new carpet in the bedrooms to further enhance its value.

Value-add opportunities

  • Both Paint the exterior siding — Enhances curb appeal and value
  • Both Replace the carpet in the bedrooms — Improves comfort and appearance

Renovation cost estimate screening

Value-add ROI direction

  • Both Paint the exterior siding — Enhances curb appeal and value
  • Both Replace the carpet in the bedrooms — Improves comfort and appearance

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

District
Richland 02
NCES district ID
4503390
Math proficiency
35% ▼ -15.00%
Reading proficiency
47% ▼ -5.00%
Median HH income
$59,684
Composite
36.2/100
National rank
#4730
State rank
#29 of 80 in SC

Livability — Blythewood

Score
70/100
State rank
#58
US rank
#7406

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Richland County · 389,530 people
City population
30,454
Metro
Columbia, SC
Population (ZIP)
30,454
Household income
$95,082
Rent vs Own
16.9% rent · 83.1% own
Severe rent burden
559.0

Population outlook (Richland County) Hauer SSP2

Today (2025)
459,667 people
By 2030
487,524 · +6.1%
By 2040
542,035 · +17.9%
By 2050
595,371 · +29.5%
By 2075
732,998 · +59.5%
By 2100
820,415 · +78.5%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.64)
Race & ethnicity
Black 43% White 42% Two or more races 7% Hispanic / Latino 7% Asian 3%
Hispanic origin (detail)
Mexican 1% Puerto Rican 2%
Common ancestry
Lithuanian 2% Romanian 2% Slovak 2%
Foreign-born
5% · Canada, China
Languages at home
90% English-only · Spanish 5% Other Indo-European 1% German/W. Germanic 1%

Political lean MEDSL · Richland

2024 margin
Solid D (+34.6) · D 66.4% · R 31.8% · Other 1.8%
2008→2024 swing
+5.7pp toward D · 2008: 28.9pp · 2024: 34.6pp
All cycles
2024: D+34.6 2020: D+38.3 2016: D+32.9 2012: D+33.3 2008: D+28.9

Not yet ingested

Civics

Market trends

HPI YoY
▼ -65.48%
Current HPI
183.5933
Rent YoY
Metro
Columbia, SC
State GDP YoY
▲ 4.51%
F500 in state
2

Industry mix (Fortune 500 HQ in SC)

Industry F500 HQs Revenue

Price history

-1.3% since first listed
3 events — show timeline
  • 2026-05-12 Listed $229,900 Zillow
  • 2026-05-07 Price Changed $229,900 Consolidated MLS
  • 2026-04-12 Listed $232,900 Consolidated MLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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