664 Ridgeland Lakes Dr · Ridgeland, SC 29936

$325,000

3 bd · 2.0 ba · 1,400 sqft · SingleFamily · 43 Days on market

Built 2021 7,840 sqft lot Est $312k · at est.

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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).

• Appreciation +10.0/10.0
• Cash flow +8.2/30.0
• ARV discount +5.7/15.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +2.2/10.0
• 1% rule +1.4/10.0
• Schools +1.4/10.0

Listing remarks MLS

The quaint and elegant Heron model packs immense value into a ranch style home and adds some flair with fantastic curb appeal. Enter into a long foyer from the covered front porch. Along the rear of the home, an open layout design overlooks the family room, dining room, and kitchen. The living area includes a large owner's suite with an ample walk-in closet and master bathroom. An additional two bedrooms are along the front of the home with a hall bathroom. The Heron also includes sliding glass doors with access to the backyard and a spacious two-car garage.

Key facts

• 7,840 sq ft lot
• 2 garage spots
• Built 2021

Property features AI

Exterior

• Parking: Two-car garage; Garage
• Security: Smoke detectors
• Utilities: Public water
• Home design: Single-story home; Heron builder model; Southeast facing; Has a view
• Construction: Vinyl siding; Asphalt roof
• Exterior features: Sprinkler/irrigation system; Paved driveway; Patio; Storage

Interior

• Kitchen: Range; Microwave; Dishwasher; Refrigerator; Pantry
• Bedrooms: Primary on main level
• Flooring: Carpet; Luxury vinyl; Luxury vinyl plank
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heat (electric heat pump); Central air (electric heat pump)
• Interior features: Insulated windows; Main level primary bedroom; Multiple closets; Smooth ceilings; Cable TV; Pantry
• Laundry & utility: Washer; Dryer; Utility room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $325k.

Deal economics

• At list price, monthly cash flow is $-307 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $271k (16.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $209k (35.8% below list).
• Recommended offer: $209k (35.8% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 68/100 on livability (#81 in SC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing B+; Watch: schools F, crime D-, amenities F.
• Jasper 01 (rural): math 12% / reading 22% proficiency, ranked #77 of 80 in SC (top 96%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 78% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 358 active listings in the ZIP; 1,385 units permitted in Jasper County in 2024 (0 in 5+ unit buildings).
• At $2,087/mo this rent would consume 51% of the median local household income ($49k/yr) (locally 395% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $35k of equity ($2k loan paydown + $32k appreciation (10.0% local appreciation)).
• Jasper County population projected at +46% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$56k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 43 days — a 3% lower offer ($315k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 5y 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 $236k; 38% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; severe 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 $208,694 (35.8% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 43 days. Have you received any prior offers? Is the seller open to a 36% concession, seller financing, or rate buy-down credit?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.64% ✗
• Cap rate: 5.16%
• Cash-on-cash: -4.05%
• DSCR: 0.82
• GRM: 13.0

CMA / ARV

• ARV (on-the-fly): $312,200
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
90 Veil Dr	0.27mi	4/2.0 (+1)	1,497 (+7%)	1mo	$321,300	$215	70
62 Veil Dr	0.32mi	3/2.0	1,518 (+8%)	2mo	$313,490	$207	70
66 Veil Dr	0.26mi	3/2.0	1,249 (-11%)	1mo	$299,990	$240	69
7 Pollen Dr	0.31mi	4/2.0 (+1)	1,497 (+7%)	1mo	$317,490	$212	68
82 Veil Dr	0.27mi	3/2.0	1,249 (-11%)	1mo	$299,990	$240	68
78 Veil Dr	0.33mi	4/2.0 (+1)	1,497 (+7%)	1mo	$319,490	$213	67
97 Ridgeland Lakes Dr	0.36mi	3/2.0	1,540 (+10%)	1mo	$325,000	$211	65
157 Wellington Loop	0.41mi	2/2.0 (-1)	1,500 (+7%)	0mo	$419,000	$279	64
29 Bottom Board Ct	0.40mi	4/2.0 (+1)	1,497 (+7%)	4mo	$333,490	$223	62
25 Bottom Board Ct	0.38mi	3/2.0	1,249 (-11%)	4mo	$298,990	$239	61
37 Bottom Board Ct	0.41mi	3/2.0	1,249 (-11%)	3mo	$307,990	$247	61
49 Bottom Board Ct	0.44mi	4/2.0 (+1)	1,497 (+7%)	4mo	$317,490	$212	60

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 21.4%
• Equity multiple: 2.73×
• Total profit: $157,308
• Equity at exit: $292,786

10-year hold

• IRR: 19.3%
• Equity multiple: 6.26×
• Total profit: $478,328
• Equity at exit: $631,404

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 29936

• Home prices YoY: 33.1%
• Active inventory: 358
• Price-to-rent: 13.0×

Monthly cashflow live

• Estimated rent: $2,087 medium
• Mortgage (P&I): −$1,704
• Tax from tax record: −$116 /mo · $1,390/yr
• Insurance: −$135
• HOA: −$0
• Vacancy / Maint / Mgmt: −$438
• Net cashflow: $-307

Break-even live

Break-even rent $2,475

Max offer price $270,780

Occupancy floor —

Sensitivity live

Price	-10% $-123	-5% $-215	+0% $-307	+5% $-399	+10% $-491
Rent	-10% $-472	-5% $-389	+0% $-307	+5% $-224	+10% $-142
Rate	-1.0pp $-143	-0.5pp $-224	base $-307	+0.5pp $-391	+1.0pp $-477

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: —

Listing history 20 events

1. 2026-06-18
   days on market $325,000 Active 43 DOM
2. 2026-06-17
   days on market $325,000 Active 42 DOM
3. 2026-06-16
   days on market $325,000 Active 41 DOM
4. 2026-06-15
   days on market $325,000 Active 40 DOM
5. 2026-06-14
   days on market $325,000 Active 38 DOM
6. 2026-06-13
   days on market $325,000 Active 37 DOM
7. 2026-06-10
   days on market $325,000 Active 35 DOM
8. 2026-06-09
   days on market $325,000 Active 34 DOM
9. 2026-06-08
   days on market $325,000 Active 33 DOM
10. 2026-06-07
    days on market $325,000 Active 32 DOM
11. 2026-06-03
    days on market $325,000 Active 28 DOM
12. 2026-06-02
    days on market $325,000 Active 27 DOM
13. 2026-06-01
    days on market $325,000 Active 26 DOM
14. 2026-05-31
    days on market $325,000 Active 25 DOM
15. 2026-05-30
    days on market $325,000 Active 24 DOM
16. 2026-05-06
    listed $339,900 Active
17. 2021-05-04
    soldstatus $236,303 564-char remark

    Show marketing remark (564 chars)

    The quaint and elegant Heron model packs immense value into a ranch style home and adds some flair with fantastic curb appeal. Enter into a long foyer from the covered front porch. Along the rear of the home, an open layout design overlooks the family room, dining room, and kitchen. The living area includes a large owner's suite with an ample walk-in closet and master bathroom. An additional two bedrooms are along the front of the home with a hall bathroom. The Heron also includes sliding glass doors with access to the backyard and a spacious two-car garage.

18. 2021-05-03
    soldstatus $217,301 564-char remark

    Show marketing remark (564 chars)

    The quaint and elegant Heron model packs immense value into a ranch style home and adds some flair with fantastic curb appeal. Enter into a long foyer from the covered front porch. Along the rear of the home, an open layout design overlooks the family room, dining room, and kitchen. The living area includes a large owner's suite with an ample walk-in closet and master bathroom. An additional two bedrooms are along the front of the home with a hall bathroom. The Heron also includes sliding glass doors with access to the backyard and a spacious two-car garage.

19. 2021-02-03
    listed $211,863 564-char remark

    Show marketing remark (564 chars)

    The quaint and elegant Heron model packs immense value into a ranch style home and adds some flair with fantastic curb appeal. Enter into a long foyer from the covered front porch. Along the rear of the home, an open layout design overlooks the family room, dining room, and kitchen. The living area includes a large owner's suite with an ample walk-in closet and master bathroom. An additional two bedrooms are along the front of the home with a hall bathroom. The Heron also includes sliding glass doors with access to the backyard and a spacious two-car garage.

20. 2021-02-03
    listed $211,863 564-char remark

    Show marketing remark (564 chars)

    The quaint and elegant Heron model packs immense value into a ranch style home and adds some flair with fantastic curb appeal. Enter into a long foyer from the covered front porch. Along the rear of the home, an open layout design overlooks the family room, dining room, and kitchen. The living area includes a large owner's suite with an ample walk-in closet and master bathroom. An additional two bedrooms are along the front of the home with a hall bathroom. The Heron also includes sliding glass doors with access to the backyard and a spacious two-car garage.

ⓘ 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: $1,390 · $116/mo
• Projected year-2 tax: $1,852 · $154/mo
• Expected delta: +$462/yr (+$39/mo · 33.2%)

ⓘ 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 8/10 Severe
• 🌡 Heat 9/10 Extreme 7 d/yr ≥109°F today · 17 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,043
• − Mortgage interest: −$18,205
• − Property taxes: −$1,390
• − Insurance: −$1,625
• − Repairs & maintenance: −$2,003
• − Management: −$2,003
• − Depreciation: −$9,455
• Taxable loss: −$9,639
• Est. tax savings @ 24.0%: +$2,313
• After-tax cash flow: $-1,370/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: Jasper 01
• NCES district ID: 4502520
• Math proficiency: 12% ▼ -11.00%
• Reading proficiency: 22% ▼ -5.00%
• Median HH income: $37,878
• Composite: 14.23/100
• National rank: #9450
• State rank: #77 of 80 in SC

Livability — Ridgeland

• Score: 68/100
• State rank: #81
• US rank: #9324

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Jasper County · 26,362 people
• City population: 14,989
• Metro: Hilton Head Island-Bluffton, SC
• Population (ZIP): 14,989
• Household income: $48,986
• Rent vs Own: 29.2% rent · 70.8% own
• Severe rent burden: 395.0

Population outlook (Jasper County) Hauer SSP2

• Today (2025): 34,428 people
• By 2030: 37,718 · +9.6%
• By 2040: 44,061 · +28.0%
• By 2050: 50,302 · +46.1%
• By 2075: 66,869 · +94.2%
• By 2100: 110,455 · +220.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: Black 44% White 37% Hispanic / Latino 14% Two or more races 7%
• Hispanic origin (detail): Mexican 9% Puerto Rican 1%
• Common ancestry: Serbian 2% Lithuanian 1% Italian 1%
• Foreign-born: 8% · Canada
• Languages at home: 86% English-only · Spanish 13%

Political lean MEDSL · Jasper

• 2024 margin: Lean R (+9.6) · D 44.7% · R 54.3% · Other 1.0%
• 2008→2024 swing: -32.5pp toward R · 2008: 22.9pp · 2024: -9.6pp
• All cycles: 2024: R+9.6 2020: D+0.8 2016: D+11.9 2012: D+15.6 2008: D+22.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 88.70%
• Current HPI: 356.5493
• Rent YoY: —
• Metro: Hilton Head Island-Bluffton, 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

+60.4% since first listed

5 events — show timeline

• 2026-05-06 Listed $339,900 RSMLS
• 2021-05-04 Sold (MLS) $236,303 RSMLS
• 2021-05-03 Sold (MLS) $217,301 LRMLS
• 2021-02-03 Listed $211,863 RSMLS
• 2021-02-03 Listed $211,863 LRMLS

Property tax history

+16.8%/yr

Latest (2025): $1,390 · +1.6% YoY. Source: county tax records.