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816 Tess St
C- Composite 54.84
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 +16.8/30.0
  • Appreciation +9.2/10.0
  • DSCR +5.2/10.0
  • ARV discount +5.0/15.0
  • Condition / age +5.0/5.0
  • 1% rule +4.7/10.0
  • Schools +3.2/10.0
  • Livability +3.2/5.0
  • Rent growth +2.5/5.0

$300,900

816 Tess St · Burnettown, SC 29829
4 bd · 2.5 ba · 2,110 sqft · SingleFamily · 38 Days on market
Built 2026 Excellent condition 5,227 sqft lot Est $285k · 6% over $33/mo HOA · 1% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to The Sadler, a thoughtfully designed two-story single-family home located in the Clairbourne neighborhood of Graniteville, SC. This community offers convenient access to downtown areas and major commuter routes, blending everyday convenience with small-town charm. Inside, a welcoming foyer leads to an open-concept layout that connects the living, dining, and kitchen areas, creating a functional space for daily living and gatherings. The kitchen features a spacious island and pantry, offering ample storage and work space. Just off the family room, covered and open patios extend the living area outdoors. The main-level primary bedroom serves as a private retreat, complete with an en suite bath featuring dual vanities, a large shower, and a walk-in closet. Upstairs, three additional bedrooms and a shared full bath provide flexible space for family members, guests, or home office needs. With 2,110 square feet of living space, a two-car garage, and a desirable lot, The Sadler offers a balance of comfort, function, and style. Photos are from a similar home. Contact us today to learn more about this home.

Key facts

  • Cabana
  • Pool
  • On site amenities

Tags

ON SITE AMENITIESPOOLCABANAPLAYGROUNDSIDEWALKSEASY ACCESS TO AUGUSTA

Property features AI

Finance

  • HOA & community: Homeowners association with annual fee of $400 (about $33.33/month); Community pool; Playground; Street lights

Exterior

  • Parking: Attached 2-car garage with garage door opener
  • Security: Smoke detector(s)
  • Utilities: Public water; Public sewer; Cable available
  • Home design: Single-family residence; Two-story home; Entry level: 1
  • Construction: Stone and vinyl siding with frame construction; Composition roof; Slab foundation; New construction
  • Exterior features: Covered patio; Rear porch; Landscaped yard; Front and rear sprinklers; Paved road access; Has view

Interior

  • Kitchen: Range; Disposal; Dishwasher; Microwave; Tankless water heater
  • Bedrooms: Total rooms: 6
  • Flooring: Carpet
  • Bathrooms: 2 full bathrooms; 1 half bathroom
  • Heating & cooling: Central air; Forced air heating; Natural gas; Fireplace(s)
  • Interior features: Walk-in closets; Entrance foyer; Kitchen island; Pantry; Eat-in kitchen; Wired for data; Insulated windows; Smoke detector(s)
  • Laundry & utility: Washer hookup

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 4-bed/2.5-bath single-family listed at $301k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $195 ($2k/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 $292k (2.9% below list).
  • Recommended offer: $292k (3.0% below list) — sets the bar for market timing.
  • Cap rate 7.1% vs local median 5.5% in Burnettown — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

  • Location reads 64/100 on livability (#159 in SC) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, employment D-.
  • 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: Jefferson Elementary (math 34% / reading 34%, grade F, #359 of 597 statewide, top 60%, 557 students, 100% FRL); Midland Valley High (math 31% / reading 83%, grade C, #120 of 196 statewide, top 64%, 1,477 students, 62% FRL) — zoned schools average 81% FRL vs 54% district-wide (27 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: 299 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 2,500 units permitted in Aiken County in 2024 (1,023 in 5+ unit buildings).
  • This rent runs 42% of the median local income ($84k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • In year one you build about $27k of equity ($2k loan paydown + $25k appreciation (8.4% local appreciation)).
  • Aiken County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (8.4% appreciation + 3.0% rent growth), your $84k cash investment doubles in ~3 years — after that, you're playing with house money.
  • By year 2, paydown + projected appreciation supports a ~$44k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 38 days — a 3% lower offer ($292k) is reasonable based on typical stale-listing flexibility.
  • 4 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 $291,873 (3.0% below list)

Questions for the listing agent

  1. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 3% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  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
0.97%
Cap rate
7.07%
Cash-on-cash
2.78%
DSCR
1.12
GRM
8.6

CMA / ARV

ARV (on-the-fly)
$284,850
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
902 Tess St 0.07mi 4/2.5 2,046 (-3%) 2mo $275,900 $135 90
871 Tess St 0.05mi 4/2.5 2,046 (-3%) 3mo $275,900 $135 90
870 Tess St 0.04mi 3/2.5 (-1) 1,890 (-10%) 2mo $292,295 $155 74
875 Tess St 0.06mi 4/3.5 2,386 (+13%) 1mo $316,805 $133 71
350 Country Glen Ave 0.49mi 4/2.5 2,184 (+4%) 1mo $275,000 $126 71
908 Tess St 0.08mi 4/3.5 2,386 (+13%) 1mo $289,900 $122 70
945 Tess St 0.11mi 4/3.5 2,386 (+13%) 1mo $279,900 $117 68
139 Midland Pines Dr 0.41mi 3/2.5 (-1) 2,200 (+4%) 2mo $315,000 $143 68
985 Tess St 0.14mi 4/3.5 2,386 (+13%) 2mo $284,900 $119 66
632 Tess St 0.18mi 3/2.5 (-1) 2,356 (+12%) 4mo $305,000 $129 64
3109 Brevard Dr 0.71mi 4/2.5 2,246 (+6%) 1mo $360,000 $160 56
3145 Camden Way 0.74mi 3/2.5 (-1) 1,880 (-11%) 2mo $265,000 $141 40

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

Projected returns pro-forma

8.38% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
22.9%
Equity multiple
2.71×
Total profit
$143,812
Equity at exit
$236,426
10-year hold
IRR
20.8%
Equity multiple
5.85×
Total profit
$408,604
Equity at exit
$476,968

Cash invested: $84,252 (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 29829

Home prices YoY
3.0%
Active inventory
299
Price-to-rent
8.6×

Monthly cashflow live

Estimated rent
$2,921 medium interval (Pro) →
Mortgage (P&I)
$1,578
Tax est. 1.5%
$376 /mo · $4,514/yr
Insurance
$125
HOA
$33
Vacancy / Maint / Mgmt
$613
Net cashflow
$195

Break-even live

Break-even rent $2,674
Max offer price $300,900
Occupancy floor 88%

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
$75,225
Closing costs
$9,027
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 2 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
6370 Whirlaway Rd Graniteville, SC 5.0 3.0 2830 $2,755 $0.97 14d 1 0.18mi
618 Count Fleet Ct Graniteville, SC 4.0 2.5 2362 $2,299 $0.97 21d 1 0.39mi

HOA detail

Monthly dues
$33 · $396/yr

Listing history 22 events

  1. 2026-06-18
    days on market $300,900 Active 38 DOM
  2. 2026-06-17
    days on market $300,900 Active 37 DOM
  3. 2026-06-16
    days on market $300,900 Active 36 DOM
  4. 2026-06-15
    days on market $300,900 Active 35 DOM
  5. 2026-06-14
    days on market $300,900 Active 33 DOM
  6. 2026-06-13
    days on market $300,900 Active 32 DOM
  7. 2026-06-10
    days on market $300,900 Active 30 DOM
  8. 2026-06-09
    days on market $300,900 Active 29 DOM
  9. 2026-06-08
    days on market $300,900 Active 28 DOM
  10. 2026-06-07
    pricedays on market $300,900 Active 27 DOM
  11. 2026-06-03
    days on market $298,900 Active 23 DOM
  12. 2026-06-02
    days on market $298,900 Active 22 DOM
  13. 2026-06-01
    days on market $298,900 Active 21 DOM
  14. 2026-05-31
    days on market $298,900 Active 20 DOM
  15. 2026-05-30
    days on market $298,900 Active 19 DOM
  16. 2026-05-11
    historical
  17. 2026-04-25
    listed $300,395 Active 1125-char remark
    Show marketing remark (1125 chars)

    Welcome to The Sadler, a thoughtfully designed two-story single-family home located in the Clairbourne neighborhood of Graniteville, SC. This community offers convenient access to downtown areas and major commuter routes, blending everyday convenience with small-town charm. Inside, a welcoming foyer leads to an open-concept layout that connects the living, dining, and kitchen areas, creating a functional space for daily living and gatherings. The kitchen features a spacious island and pantry, offering ample storage and work space. Just off the family room, covered and open patios extend the living area outdoors. The main-level primary bedroom serves as a private retreat, complete with an en suite bath featuring dual vanities, a large shower, and a walk-in closet. Upstairs, three additional bedrooms and a shared full bath provide flexible space for family members, guests, or home office needs. With 2,110 square feet of living space, a two-car garage, and a desirable lot, The Sadler offers a balance of comfort, function, and style. Photos are from a similar home. Contact us today to learn more about this home.

  18. 2026-04-09
    price $298,900
  19. 2026-04-09
    price $298,900
  20. 2026-03-11
    listed $302,410 Active
  21. 2026-03-11
    listed $302,410 Active
  22. 2026-03-11
    listed $298,900 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
$35,055
− Mortgage interest
−$16,855
− Property taxes
−$4,514
− Insurance
−$1,504
− Repairs & maintenance
−$2,804
− Management
−$2,804
− HOA
−$396
− Depreciation
−$8,753
Taxable loss
−$2,577
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$618
After-tax cash flow
$2,962/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 · 4 photos

Excellent 100/100 None rehab

This move-in-ready home in the Clairbourne neighborhood offers a spacious and well-maintained living environment with modern amenities and a prime location.

Value-add opportunities

  • Both Painting exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics
  • Both Landscaping improvements — Enhances curb appeal and adds value
  • Both New flooring in bathrooms — Modernizes spaces and improves functionality
  • Both New kitchen appliances — Modernizes kitchen and improves functionality

Renovation cost estimate screening

Value-add ROI direction

  • Both Painting exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics
  • Both Landscaping improvements — Enhances curb appeal and adds value
  • Both New flooring in bathrooms — Modernizes spaces and improves functionality
  • Both New kitchen appliances — Modernizes kitchen and improves functionality

ⓘ 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
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 — Burnettown

Score
64/100
State rank
#159
US rank
#14711

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Aiken County · 116,534 people
City population
931
Metro
Augusta-Richmond County, GA-SC
Population (ZIP)
12,385
Household income
$84,228
Rent vs Own
18.3% rent · 81.7% own
Severe rent burden
213.0

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 59% Black 26% Hispanic / Latino 12% Two or more races 9% Asian 1%
Hispanic origin (detail)
Mexican 8% Puerto Rican 1%
Common ancestry
Italian 2% Swedish 2% Slovak 1%
Foreign-born
6% · Canada
Languages at home
89% English-only · Spanish 10% Other Indo-European 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
▲ 8.38%
Current HPI
286.4155
Rent YoY
Metro
Augusta-Richmond County, GA-SC
State GDP YoY
▲ 4.51%
F500 in state
2

Industry mix (Fortune 500 HQ in SC)

Industry F500 HQs Revenue

Price history

-0.7% since first listed
7 events — show timeline
  • 2026-05-11 Listing Removed Hive MLS
  • 2026-04-25 Listed $300,395 Zillow
  • 2026-04-09 Price Changed $298,900 Hive MLS
  • 2026-04-09 Price Changed $298,900 AMLS
  • 2026-03-11 Listed $298,900 Hive MLS
  • 2026-03-11 Listed $302,410 AMLS
  • 2026-03-11 Listed $302,410 Hive MLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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