1103 Scott Dr · Anderson, SC 29681

$135,500

2 bd · 1.0 ba · 809 sqft · Other public records · 17 Days on market

Built 1952 3,049 sqft lot

---

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 +26.3/30.0
• DSCR +8.9/10.0
• ARV discount +7.5/15.0
• 1% rule +6.0/10.0
• Schools +3.9/10.0
• Rent growth +3.5/5.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to this absolutely charming and completely renovated property. This lovely home has everything a potential buyer would want on a property. As you enter the property, you will notice the beautiful natural light that radiates throughout the home along with brand-new, deep-set double-pane shelf windows which allow for easy decoration and are found in every room of the property. Many updates and upgrades include a new roof, HVAC along with ductwork, water heater, bathroom, kitchen cabinets and countertops, LVP flooring, electrical wiring throughout, drywall, entry and interior doors, interior and exterior paint and new insulation. The home features beautiful light fixtures as well as br

Key facts

• 3,049 sq ft lot
• Built 1952
• Listed 16 days

Property features AI

Exterior

• Parking: Driveway
• Utilities: Cable available; Electricity available; Public sewer; Public water
• Home design: Single-story home; Over 50 years old; Brick and stucco exterior; Architectural shingle roof
• Construction: Brick and stucco construction; Architectural shingle roof; Crawlspace foundation; Built over 50 years ago
• Exterior features: Front porch; Porch; Fenced yard; Corner lot; City lot; Level lot; Not in a subdivision

Interior

• Kitchen: Electric oven; Electric range with smooth cooktop; Refrigerator
• Bedrooms: Two main-level bedrooms
• Flooring: Luxury vinyl plank; Tile
• Bathrooms: One full bathroom on the main level
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Ceiling fans; Smooth ceilings; Main-level primary bedroom; Crawl space basement
• Laundry & utility: Washer hookup; Electric dryer hookup; Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath other listed at $136k.

Deal economics

• At list price, monthly cash flow is $350 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $136k).
• Recommended offer: $133k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.4% vs local median 3.4% in Anderson — 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 67/100 on livability (#98 in SC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing B+; Watch: amenities C-, schools D+, crime F.
• Anderson 05 (suburban): math 44% / reading 49% proficiency, ranked #20 of 80 in SC (top 25%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+4.1%/yr); 523 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 1,255 units permitted in Anderson County in 2024 (0 in 5+ unit buildings).
• This rent is only 16% of the median local income ($115k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $937 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Anderson County population projected at +14% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 4.1% rent growth), your $38k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 17 days — a 2% lower offer ($133k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $34k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $14k; list at $136k implies a 898% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1952 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $133,467 (1.5% below list)

Questions for the listing agent

1. Built in 1952 — 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 D-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. Crime grade is F 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: 1.10% ✓
• Cap rate: 9.39%
• Cash-on-cash: 11.07%
• DSCR: 1.49
• GRM: 7.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 4.09% rent growth · sell at horizon

5-year hold

• IRR: 1.3%
• Equity multiple: 1.05×
• Total profit: $1,938
• Equity at exit: $20,203

10-year hold

• IRR: 11.9%
• Equity multiple: 1.98×
• Total profit: $37,145
• Equity at exit: $11,716

Cash invested: $37,940 (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 29681

• Rents YoY: 4.1%
• Active inventory: 523
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $1,492 high
• Mortgage (P&I): −$711
• Tax from tax record: −$62 /mo · $739/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$313
• Net cashflow: $350

Break-even live

Break-even rent $1,049

Max offer price $135,500

Occupancy floor 72%

Sensitivity live

Price	-10% $427	-5% $388	+0% $350	+5% $312	+10% $273
Rent	-10% $232	-5% $291	+0% $350	+5% $409	+10% $468
Rate	-1.0pp $418	-0.5pp $384	base $350	+0.5pp $315	+1.0pp $279

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: $33,875
• Closing costs: $4,065
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
201 S Murray Ave Anderson, SC	1.0–2.0	1.0–2.0	1010	$2,200	$2.18	4d	1	0.64mi
402 N Main St Anderson, SC	2.0	1.0–1.5	526	$2,195	$4.17	4d	5	0.89mi
121 E Sharpe St Unit 123 Anderson, SC	2.0	1.0	840	$1,075	$1.28	25d	1	0.94mi
121 E Sharpe St Unit 127 Anderson, SC	1.0	1.0	723	$950	$1.31	25d	1	0.94mi
611 Bonham Ct Unit A Anderson, SC	2.0	1.0	963	$1,150	$1.19	25d	1	1.18mi
406 Sedona Dr Anderson, SC	1.0	1.0–1.5	474	$1,122	$2.37	4d	8	1.36mi
7 O St Anderson, SC	3.0	1.0	1100	$1,275	$1.16	15d	1	1.37mi
1206 Stephens St Anderson, SC	3.0	1.0	1100	$995	$0.90	25d	1	1.40mi

Listing history 25 events

1. 2026-06-21
   days on market $135,500 Active 17 DOM
2. 2026-06-18
   days on market $135,500 Active 14 DOM
3. 2026-06-17
   days on market $135,500 Active 13 DOM
4. 2026-06-16
   days on market $135,500 Active 12 DOM
5. 2026-06-15
   days on market $135,500 Active 11 DOM
6. 2026-06-13
   days on market $135,500 Active 9 DOM
7. 2026-06-10
   days on market $135,500 Active 6 DOM
8. 2026-06-09
   days on market $135,500 Active 5 DOM
9. 2026-06-08
   days on market $135,500 Active 4 DOM
10. 2026-06-07
    days on market $135,500 Active 3 DOM
11. 2026-06-05
    pricedays on marketlisting id $135,500 Active 1 DOM
12. 2026-05-31
    days on market $138,900 Active 339 DOM
13. 2026-05-15
    price $138,900
14. 2026-04-30
    price $139,900
15. 2026-03-11
    price $145,000
16. 2026-01-02
    status Active
17. 2025-12-12
    historical
18. 2025-11-14
    price $148,900
19. 2025-10-23
    price $149,000
20. 2025-09-26
    price $155,000
21. 2025-09-11
    price $159,800
22. 2025-08-01
    price $159,900
23. 2025-06-20
    price $162,500
24. 2025-06-05
    listed $169,500 Active
25. 2002-08-22
    soldstatus $13,576

ⓘ 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: $739 · $62/mo
• Projected year-2 tax: $772 · $64/mo
• Expected delta: +$34/yr (+$3/mo · 4.5%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥105°F today · 17 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 5% 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: $17,901
• − Mortgage interest: −$7,590
• − Property taxes: −$739
• − Insurance: −$678
• − Repairs & maintenance: −$1,432
• − Management: −$1,432
• − Depreciation: −$3,942
• Taxable income: $2,089
• Est. tax owed @ 24.0%: −$501
• After-tax cash flow: $3,697/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: Anderson 05
• NCES district ID: 4500900
• Math proficiency: 44% ▼ -4.00%
• Reading proficiency: 49% ▲ 2.00%
• Median HH income: $39,718
• Composite: 38.89/100
• National rank: #4098
• State rank: #20 of 80 in SC

Livability — Anderson

• Score: 67/100
• State rank: #98
• US rank: #10772

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Anderson, SC
• County: Greenville County · 573,815 people
• City population: 87,992
• Metro: Greenville-Anderson, SC
• Population (ZIP): 68,650
• Household income: $114,986
• Rent vs Own: 15.4% rent · 84.6% own
• Severe rent burden: 865.0

Population outlook (Anderson County) Hauer SSP2

• Today (2025): 210,546 people
• By 2030: 217,791 · +3.4%
• By 2040: 230,643 · +9.5%
• By 2050: 240,220 · +14.1%
• By 2075: 259,518 · +23.3%
• By 2100: 258,696 · +22.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Black 12% Hispanic / Latino 8% Two or more races 8% Asian 4%
• Hispanic origin (detail): Mexican 2% Puerto Rican 1%
• Common ancestry: Romanian 3% Italian 3% Slovak 3%
• Foreign-born: 8% · Canada, Jamaica, South Korea
• Languages at home: 89% English-only · Spanish 6% Other Indo-European 1% Other Asian/Pacific 1%

Political lean MEDSL · Anderson

• 2024 margin: Solid R (+47.4) · D 25.7% · R 73.1% · Other 1.2%
• 2008→2024 swing: -14.1pp toward R · 2008: -33.3pp · 2024: -47.4pp
• All cycles: 2024: R+47.4 2020: R+42.0 2016: R+43.7 2012: R+36.4 2008: R+33.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -144.64%
• Current HPI: 226.5252
• Rent YoY: ▲ 4.09%
• Metro: Greenville-Anderson, 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

+923.1% since first listed

13 events — show timeline

• 2026-05-15 Price Changed $138,900 WUMLS
• 2026-04-30 Price Changed $139,900 WUMLS
• 2026-03-11 Price Changed $145,000 WUMLS
• 2026-01-02 Relisted — WUMLS
• 2025-12-12 Listing Removed — WUMLS
• 2025-11-14 Price Changed $148,900 WUMLS
• 2025-10-23 Price Changed $149,000 WUMLS
• 2025-09-26 Price Changed $155,000 WUMLS
• 2025-09-11 Price Changed $159,800 WUMLS
• 2025-08-01 Price Changed $159,900 WUMLS
• 2025-06-20 Price Changed $162,500 WUMLS
• 2025-06-05 Listed $169,500 WUMLS
• 2002-08-22 Sold (Public Records) $13,576 Public Records

Property tax history

-1.4%/yr

Latest (2025): $739 · +129.7% YoY. Source: county tax records.