129 Bridleridge Rd · White Knoll, SC 29073

$325,000

4 bd · 2.5 ba · 2,041 sqft · SingleFamily public records · 34 Days on market

Built 1996 0.77 ac lot

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Why this score? — see what drove the D 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 +13.6/30.0
• ARV discount +7.5/15.0
• Schools +4.2/10.0
• DSCR +4.1/10.0
• Rent growth +3.3/5.0
• 1% rule +2.6/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Beautifully updated 4BR/2.5BA home in the desirable Bridleridge community featuring a NEW roof and HVAC! Offering over 2,000 square feet, this move-in ready home features luxury vinyl plank flooring, fresh paint, updated bathrooms, and a functional open layout perfect for entertaining. The renovated kitchen includes granite countertops, stainless steel appliances, pantry storage, and overlooks a spacious family room. Upstairs, the owner’s suite offers vaulted ceilings, a walk-in closet, and private bath. Three additional bedrooms provide flexibility for guests, office space, or hobbies. Enjoy the private backyard backing to wooded green space plus community amenities including HOA-mai

Key facts

• Updated home
• Granite countertops
• Hvac system

Tags

• UPDATED HOME
• NEW ROOF
• HVAC SYSTEM
• LUXURY VINYL PLANK FLOORING
• GRANITE COUNTERTOPS
• STAINLESS STEEL APPLIANCES

Property features AI

Finance

• HOA & community: Homeowners association present

Exterior

• Parking: Attached 2-car garage
• Utilities: Public water; Public sewer
• Home design: Two-story home
• Construction: Slab foundation
• Exterior features: Vinyl exterior; Paved road access

Interior

• Bedrooms: Master bedroom on second level; Additional bedrooms on second level
• Bathrooms: Two full bathrooms; One half bathroom; One partial bathroom
• Heating & cooling: Central heating; Central cooling
• Interior features: One fireplace

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $325k.

Deal economics

• At list price, monthly cash flow is $18 ($215/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 $246k (24.3% below list).
• Recommended offer: $246k (24.3% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• Lexington 01 (suburban): math 42% / reading 53% proficiency, ranked #11 of 80 in SC (top 14%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Carolina Springs Elementary (math 34% / reading 34%, grade F, #359 of 597 statewide, top 60%, 850 students, 41% FRL); White Knoll High (math 47% / reading 85%, grade B, #81 of 196 statewide, top 42%, 2,204 students, 45% FRL).
• Market conditions: Rents rising (+3.2%/yr); 564 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 1,712 units permitted in Lexington County in 2024 (0 in 5+ unit buildings).
• This rent runs 38% of the median local income ($77k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• Lexington County population projected at +26% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 34 days — a 3% lower offer ($315k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 3y 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 $282k; 15% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 73% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $245,957 (24.3% below list)

Questions for the listing agent

1. It's been on market 34 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
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: 0.76% ✗
• Cap rate: 6.36%
• Cash-on-cash: 0.24%
• DSCR: 1.01
• GRM: 11.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.24% rent growth · sell at horizon

5-year hold

• IRR: -15.8%
• Equity multiple: 0.44×
• Total profit: $-51,086
• Equity at exit: $48,459

10-year hold

• IRR: -7.1%
• Equity multiple: 0.55×
• Total profit: $-41,210
• Equity at exit: $28,100

Cash invested: $91,000 (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 29073

• Home prices YoY: -19.1%
• Rents YoY: 3.2%
• Active inventory: 564
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $2,460 medium
• Mortgage (P&I): −$1,704
• Tax from tax record: −$85 /mo · $1,024/yr
• Insurance: −$135
• HOA: −$0
• Vacancy / Maint / Mgmt: −$517
• Net cashflow: $18

Break-even live

Break-even rent $2,437

Max offer price $325,000

Occupancy floor 94%

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: $81,250
• Closing costs: $9,750
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
237 Tea Olive Ave Lexington, SC	3.0	2.5	2448	$2,099	$0.86	21d	1	1.01mi
432 Cape Jasmine Way Lexington, SC	4.0	2.5	1600	$2,049	$1.28	3d	1	1.31mi

Listing history 29 events

1. 2026-06-18
   days on market $325,000 Active 34 DOM
2. 2026-06-17
   days on market $325,000 Active 33 DOM
3. 2026-06-16
   days on market $325,000 Active 32 DOM
4. 2026-06-15
   days on market $325,000 Active 31 DOM
5. 2026-06-14
   days on market $325,000 Active 29 DOM
6. 2026-06-10
   days on market $325,000 Active 26 DOM
7. 2026-06-09
   days on market $325,000 Active 25 DOM
8. 2026-06-08
   days on market $325,000 Active 24 DOM
9. 2026-06-07
   days on market $325,000 Active 23 DOM
10. 2026-06-03
    days on market $325,000 Active 19 DOM
11. 2026-06-03
    days on market $325,000 Active 18 DOM
12. 2026-06-02
    days on market $325,000 Active 17 DOM
13. 2026-05-31
    days on market $325,000 Active 16 DOM
14. 2026-05-15
    listed $325,000 Active
15. 2024-06-03
    soldstatus $282,500
16. 2024-05-22
    status Pending
17. 2024-05-07
    historical Active - Contingent
18. 2024-05-03
    listed $290,000 Active
19. 2024-02-15
    status Pending
20. 2024-01-31
    historical Active - Contingent
21. 2024-01-24
    status Active
22. 2024-01-02
    status Pending
23. 2023-12-18
    historical Active - Contingent
24. 2023-12-05
    price $215,000
25. 2023-11-15
    listed $225,000 Active
26. 2009-03-26
    soldstatus $154,900
27. 2006-10-30
    soldstatus $143,000
28. 1998-11-05
    soldstatus $103,900
29. 1996-10-01
    soldstatus $93,430

ⓘ 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: $1,024 · $85/mo
• Projected year-2 tax: $1,852 · $154/mo
• Expected delta: +$828/yr (+$69/mo · 80.8%)

ⓘ 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 6/10 Major 7 d/yr ≥107°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 73% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,515
• − Mortgage interest: −$18,205
• − Property taxes: −$1,024
• − Insurance: −$1,625
• − Repairs & maintenance: −$2,361
• − Management: −$2,361
• − Depreciation: −$9,455
• Taxable loss: −$5,517
• Est. tax savings @ 24.0%: +$1,324
• After-tax cash flow: $1,539/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: Lexington 01
• NCES district ID: 4502700
• Math proficiency: 42% ▼ -12.00%
• Reading proficiency: 53% ▼ -2.00%
• Median HH income: $61,298
• Composite: 41.75/100
• National rank: #3399
• State rank: #11 of 80 in SC

Livability — White Knoll

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: White Knoll, SC
• County: Lexington County · 232,571 people
• City population: 51,471
• Metro: Columbia, SC
• Population (ZIP): 53,156
• Household income: $77,229
• Rent vs Own: 18.3% rent · 81.7% own
• Severe rent burden: 935.0

Population outlook (Lexington County) Hauer SSP2

• Today (2025): 322,999 people
• By 2030: 342,356 · +6.0%
• By 2040: 377,715 · +16.9%
• By 2050: 406,984 · +26.0%
• By 2075: 465,447 · +44.1%
• By 2100: 485,674 · +50.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (72%)
• Race & ethnicity: White 72% Black 14% Two or more races 7% Hispanic / Latino 6% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 1%
• Common ancestry: Romanian 3% Italian 2% Slovak 1%
• Foreign-born: 4% · Canada, China
• Languages at home: 93% English-only · Spanish 5% Other Indo-European 1%

Political lean MEDSL · Lexington

• 2024 margin: Solid R (+33.5) · D 32.5% · R 66.0% · Other 1.4%
• 2008→2024 swing: +4.6pp toward D · 2008: -38.0pp · 2024: -33.5pp
• All cycles: 2024: R+33.5 2020: R+30.1 2016: R+36.7 2012: R+37.8 2008: R+38.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -59.20%
• Current HPI: 249.8957
• Rent YoY: ▲ 3.24%
• Metro: Columbia, 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

+247.9% since first listed

16 events — show timeline

• 2026-05-15 Listed $325,000 Consolidated MLS
• 2024-06-03 Sold (Public Records) $282,500 Public Records
• 2024-05-22 Pending — Consolidated MLS
• 2024-05-07 Contingent — Consolidated MLS
• 2024-05-03 Listed $290,000 Consolidated MLS
• 2024-02-15 Pending — Consolidated MLS
• 2024-01-31 Contingent — Consolidated MLS
• 2024-01-24 Relisted — Consolidated MLS
• 2024-01-02 Pending — Consolidated MLS
• 2023-12-18 Contingent — Consolidated MLS
• 2023-12-05 Price Changed $215,000 Consolidated MLS
• 2023-11-15 Listed $225,000 Consolidated MLS
• 2009-03-26 Sold (Public Records) $154,900 Public Records
• 2006-10-30 Sold (Public Records) $143,000 Public Records
• 1998-11-05 Sold (Public Records) $103,900 Public Records
• 1996-10-01 Sold (Public Records) $93,430 Public Records

Property tax history

-9.8%/yr

Latest (2024): $1,024 · -79.7% YoY. Source: county tax records.