48 Vanderbilt Dr · Aiken, SC 29803

$250,000

3 bd · 2.0 ba · 1,593 sqft · SingleFamily public records · 38 Days on market

Built 1976 0.37 ac lot Est $276k · 9% under

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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 +13.8/30.0
• ARV discount +11.7/15.0
• DSCR +4.2/10.0
• Rent growth +3.6/5.0
• Livability +3.4/5.0
• Schools +3.2/10.0
• 1% rule +2.6/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Enter into the foyer and see the beautiful new hardwood floors and fresh paint throughout and a large formal living room that flows seamlessly into the formal dining room, creating an ideal setting for entertaining and gatherings. The kitchen has a fridge and a new stove and new dishwasher and offers convenient access to the laundry room with a new washer and dryer, all to remain with the home. The family room with cathedral ceilings, features a beautiful stone, wood-burning fireplace. Down the hall, you'll find a guest bathroom with a tub/shower combination and a large single-sink vanity, along with two guest bedrooms. The owner's suite offers a private retreat with its own bathroom, complete with a tub/shower combination and vanity. From the family room, a door leads to the backyard and patio area, providing a wonderful space to relax and enjoy the outdoors. This home has had numerous improvements over the last 5 years, including new vinyl siding, a new 2 car garage door and a newly installed driveway, enhancing both its curb appeal and functionality. Major system updates include the HVAC system and water heater providing an added peace of mind for the new owner. Call to see this property!

Key facts

• New stove
• Formal dining room
• Formal living room

Tags

• HARDWOOD FLOORS
• FORMAL LIVING ROOM
• FORMAL DINING ROOM
• KITCHEN WITH FRIDGE
• NEW STOVE
• NEW DISHWASHER

Property features AI

Exterior

• Parking: Attached garage with garage door opener; 2 garage spaces (2 total parking spaces); Concrete driveway
• Utilities: Public water; Septic sewer; Natural gas connected; Cable available; Water connected
• Home design: Single family residence; One story; Entry level: 1
• Construction: Vinyl siding with frame construction; Composition roof; Slab foundation; Built as residential single family
• Exterior features: Patio; Sloped lot; Has view

Interior

• Kitchen: Refrigerator; Range; Dishwasher; Gas water heater
• Bedrooms: Total of 7 rooms (bedroom count not specified)
• Flooring: Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central air; Ceiling fans; Heat pump; Natural gas heating; Fireplace(s)
• Interior features: Entrance foyer; Window coverings
• Laundry & utility: Washer; Dryer; Washer hookup; Laundry closet

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $250k.

Deal economics

• At list price, monthly cash flow is $22 ($260/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 $190k (23.9% below list).
• Recommended offer: $190k (23.9% below list) — sets the bar for 1% rule.
• Cap rate 6.4% vs local median 4.1% in Aiken — 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 (#93 in SC) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, cost of living A; Watch: crime F, commute F.
• 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: Millbrook Elementary (math 42% / reading 44%, grade F, #250 of 597 statewide, top 42%, 661 students, 38% FRL); M. B. Kennedy Middle (math 27% / reading 41%, grade F, #110 of 229 statewide, top 49%, 643 students, 51% FRL); South Aiken High (math 42% / reading 88%, grade B, #85 of 196 statewide, top 45%, 1,356 students, 42% FRL).
• Market conditions: Rents rising fast (+4.4%/yr); 516 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,500 units permitted in Aiken County in 2024 (1,023 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 $8k of value loss. Plan a longer hold.
• Aiken County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 38 days — a 3% lower offer ($242k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 9y 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 $124k; list at $250k implies a 102% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 73% chance of damaging wind over 30y; moderate 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 $190,147 (23.9% 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 24% concession, seller financing, or rate buy-down credit?
2. Built in 1976 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
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: 0.76% ✗
• Cap rate: 6.40%
• Cash-on-cash: 0.37%
• DSCR: 1.02
• GRM: 11.0

CMA / ARV

• ARV (on-the-fly): $275,589
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
37 Vanderbilt Dr	0.07mi	3/2.0	1,638 (+3%)	6mo	$240,000	$147	87
302 Vanderbilt Dr	0.38mi	3/2.0	1,645 (+3%)	6mo	$250,000	$152	72
57 Citadel Dr	0.47mi	3/2.0	1,634 (+3%)	6mo	$273,500	$167	68
920 Speckled Teal Path	0.47mi	3/2.0	1,648 (+4%)	5mo	$310,000	$188	68
72 Converse Dr	0.17mi	3/2.5	1,416 (-11%)	6mo	$245,000	$173	66
18 Winthrop Dr	0.33mi	3/2.0	1,455 (-9%)	5mo	$269,900	$185	66
949 Speckled Teal Path	0.44mi	3/2.0	1,681 (+6%)	7mo	$324,900	$193	65
1123 Speckled Teal Path	0.39mi	3/2.0	1,746 (+10%)	4mo	$329,900	$189	62
1089 Speckled Teal Path	0.39mi	3/2.0	1,811 (+14%)	1mo	$339,900	$188	58
410 Heathwood Dr	0.65mi	3/2.0	1,482 (-7%)	5mo	$225,000	$152	54
14 Converse Dr	0.32mi	4/2.0 (+1)	1,813 (+14%)	4mo	$225,000	$124	54
24 Erskine Ln	0.52mi	3/2.0	1,764 (+11%)	6mo	$230,000	$130	53

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

Projected returns pro-forma

-3.0% appreciation · 4.43% rent growth · sell at horizon

5-year hold

• IRR: -14.4%
• Equity multiple: 0.48×
• Total profit: $-36,482
• Equity at exit: $37,276

10-year hold

• IRR: -3.8%
• Equity multiple: 0.73×
• Total profit: $-18,771
• Equity at exit: $21,615

Cash invested: $70,000 (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 29803

• Rents YoY: 4.4%
• Active inventory: 516
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $1,901 high
• Mortgage (P&I): −$1,311
• Tax from tax record: −$65 /mo · $784/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$399
• Net cashflow: $22

Break-even live

Break-even rent $1,874

Max offer price $250,000

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: $62,500
• Closing costs: $7,500
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2211 Powderhouse Rd SE Aiken, SC	4.0	3.0	1702	$1,900	$1.12	21d	1	0.21mi
26 Erskine Ln Aiken, SC	4.0	3.0	2129	$2,300	$1.08	23d	1	0.50mi
839 Speckled Teal Path Aiken, SC	3.0	2.0	1648	$2,335	$1.42	14d	1	0.52mi
3009 Stanhope Dr Aiken, SC	3.0	2.5	2156	$1,995	$0.93	23d	1	0.58mi
3020 Stanhope Dr Aiken, SC	2.0	2.0	1440	$1,850	$1.28	23d	1	0.59mi
111 Bennington Ln Aiken, SC	2.0	2.0	1092	$1,400	$1.28	14d	1	1.10mi
4285 Julep Way SW Aiken, SC	2.0	1.0–2.0	825	$2,093	$2.54	14d	28	1.12mi
147 Portofino Ln SW Aiken, SC	2.0	2.0	1334	$2,200	$1.65	23d	1	1.13mi
118 Riverbirch Dr Aiken, SC	2.0	1.5	1072	$1,050	$0.98	23d	1	1.46mi

Listing history 26 events

1. 2026-06-18
   days on market $250,000 Active 38 DOM
2. 2026-06-17
   days on market $250,000 Active 37 DOM
3. 2026-06-16
   days on market $250,000 Active 36 DOM
4. 2026-06-15
   days on market $250,000 Active 35 DOM
5. 2026-06-14
   days on market $250,000 Active 33 DOM
6. 2026-06-13
   days on market $250,000 Active 32 DOM
7. 2026-06-10
   days on market $250,000 Active 30 DOM
8. 2026-06-09
   days on market $250,000 Active 29 DOM
9. 2026-06-08
   days on market $250,000 Active 28 DOM
10. 2026-06-07
    days on market $250,000 Active 27 DOM
11. 2026-06-03
    days on market $250,000 Active 23 DOM
12. 2026-06-02
    days on market $250,000 Active 22 DOM
13. 2026-06-01
    days on market $250,000 Active 21 DOM
14. 2026-05-31
    days on market $250,000 Active 20 DOM
15. 2026-05-30
    days on market $250,000 Active 19 DOM
16. 2026-05-11
    historical
17. 2026-03-23
    price $250,000

    Show marketing remark (1211 chars)

    Enter into the foyer and see the beautiful new hardwood floors and fresh paint throughout and a large formal living room that flows seamlessly into the formal dining room, creating an ideal setting for entertaining and gatherings. The kitchen has a fridge and a new stove and new dishwasher and offers convenient access to the laundry room with a new washer and dryer, all to remain with the home. The family room with cathedral ceilings, features a beautiful stone, wood-burning fireplace. Down the hall, you'll find a guest bathroom with a tub/shower combination and a large single-sink vanity, along with two guest bedrooms. The owner's suite offers a private retreat with its own bathroom, complete with a tub/shower combination and vanity. From the family room, a door leads to the backyard and patio area, providing a wonderful space to relax and enjoy the outdoors. This home has had numerous improvements over the last 5 years, including new vinyl siding, a new 2 car garage door and a newly installed driveway, enhancing both its curb appeal and functionality. Major system updates include the HVAC system and water heater providing an added peace of mind for the new owner. Call to see this property!

18. 2026-03-23
    price $250,000 1211-char remark

    Show marketing remark (1211 chars)

    Enter into the foyer and see the beautiful new hardwood floors and fresh paint throughout and a large formal living room that flows seamlessly into the formal dining room, creating an ideal setting for entertaining and gatherings. The kitchen has a fridge and a new stove and new dishwasher and offers convenient access to the laundry room with a new washer and dryer, all to remain with the home. The family room with cathedral ceilings, features a beautiful stone, wood-burning fireplace. Down the hall, you'll find a guest bathroom with a tub/shower combination and a large single-sink vanity, along with two guest bedrooms. The owner's suite offers a private retreat with its own bathroom, complete with a tub/shower combination and vanity. From the family room, a door leads to the backyard and patio area, providing a wonderful space to relax and enjoy the outdoors. This home has had numerous improvements over the last 5 years, including new vinyl siding, a new 2 car garage door and a newly installed driveway, enhancing both its curb appeal and functionality. Major system updates include the HVAC system and water heater providing an added peace of mind for the new owner. Call to see this property!

19. 2026-02-20
    listed $260,000 Active 1211-char remark

    Show marketing remark (1211 chars)

    Enter into the foyer and see the beautiful new hardwood floors and fresh paint throughout and a large formal living room that flows seamlessly into the formal dining room, creating an ideal setting for entertaining and gatherings. The kitchen has a fridge and a new stove and new dishwasher and offers convenient access to the laundry room with a new washer and dryer, all to remain with the home. The family room with cathedral ceilings, features a beautiful stone, wood-burning fireplace. Down the hall, you'll find a guest bathroom with a tub/shower combination and a large single-sink vanity, along with two guest bedrooms. The owner's suite offers a private retreat with its own bathroom, complete with a tub/shower combination and vanity. From the family room, a door leads to the backyard and patio area, providing a wonderful space to relax and enjoy the outdoors. This home has had numerous improvements over the last 5 years, including new vinyl siding, a new 2 car garage door and a newly installed driveway, enhancing both its curb appeal and functionality. Major system updates include the HVAC system and water heater providing an added peace of mind for the new owner. Call to see this property!

20. 2026-02-20
    listed $260,000 Active

    Show marketing remark (1211 chars)

    Enter into the foyer and see the beautiful new hardwood floors and fresh paint throughout and a large formal living room that flows seamlessly into the formal dining room, creating an ideal setting for entertaining and gatherings. The kitchen has a fridge and a new stove and new dishwasher and offers convenient access to the laundry room with a new washer and dryer, all to remain with the home. The family room with cathedral ceilings, features a beautiful stone, wood-burning fireplace. Down the hall, you'll find a guest bathroom with a tub/shower combination and a large single-sink vanity, along with two guest bedrooms. The owner's suite offers a private retreat with its own bathroom, complete with a tub/shower combination and vanity. From the family room, a door leads to the backyard and patio area, providing a wonderful space to relax and enjoy the outdoors. This home has had numerous improvements over the last 5 years, including new vinyl siding, a new 2 car garage door and a newly installed driveway, enhancing both its curb appeal and functionality. Major system updates include the HVAC system and water heater providing an added peace of mind for the new owner. Call to see this property!

21. 2026-02-20
    listed $250,000 Active

    Show marketing remark (1211 chars)

    Enter into the foyer and see the beautiful new hardwood floors and fresh paint throughout and a large formal living room that flows seamlessly into the formal dining room, creating an ideal setting for entertaining and gatherings. The kitchen has a fridge and a new stove and new dishwasher and offers convenient access to the laundry room with a new washer and dryer, all to remain with the home. The family room with cathedral ceilings, features a beautiful stone, wood-burning fireplace. Down the hall, you'll find a guest bathroom with a tub/shower combination and a large single-sink vanity, along with two guest bedrooms. The owner's suite offers a private retreat with its own bathroom, complete with a tub/shower combination and vanity. From the family room, a door leads to the backyard and patio area, providing a wonderful space to relax and enjoy the outdoors. This home has had numerous improvements over the last 5 years, including new vinyl siding, a new 2 car garage door and a newly installed driveway, enhancing both its curb appeal and functionality. Major system updates include the HVAC system and water heater providing an added peace of mind for the new owner. Call to see this property!

22. 2018-05-07
    soldstatus $124,000
23. 2018-05-04
    soldstatus $124,000
24. 2018-05-04
    soldstatus $124,000
25. 2017-09-04
    listed $129,500
26. 2017-09-04
    listed $129,500

ⓘ 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: $784 · $65/mo
• Projected year-2 tax: $1,425 · $119/mo
• Expected delta: +$641/yr (+$53/mo · 81.8%)

ⓘ 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 7/10 Severe 7 d/yr ≥108°F today · 17 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 73% 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: $22,818
• − Mortgage interest: −$14,004
• − Property taxes: −$784
• − Insurance: −$1,250
• − Repairs & maintenance: −$1,825
• − Management: −$1,825
• − Depreciation: −$7,273
• Taxable loss: −$4,144
• Est. tax savings @ 24.0%: +$995
• After-tax cash flow: $1,254/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: 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 — Aiken

• Score: 67/100
• State rank: #93
• US rank: #10443

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Aiken County · 116,534 people
• City population: 71,807
• Metro: Augusta-Richmond County, GA-SC
• Population (ZIP): 40,699
• Household income: $86,023
• Rent vs Own: 17.7% rent · 82.3% own
• Severe rent burden: 641.0

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: Predominantly White (73%)
• Race & ethnicity: White 73% Black 16% Two or more races 6% Hispanic / Latino 5% Asian 2%
• Common ancestry: Slovak 3% Serbian 3% Lithuanian 3%
• Foreign-born: 3% · Canada, Vietnam, China
• Languages at home: 95% English-only · Spanish 3% Vietnamese 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: ▼ -221.02%
• Current HPI: 231.6908
• Rent YoY: ▲ 4.43%
• 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
▸Packaging	1	$7B

Price history

+93.1% since first listed

11 events — show timeline

• 2026-05-11 Listing Removed — Hive MLS
• 2026-03-23 Price Changed $250,000 Hive MLS
• 2026-03-23 Price Changed $250,000 AMLS
• 2026-02-20 Listed $260,000 AMLS
• 2026-02-20 Listed $260,000 Hive MLS
• 2026-02-20 Listed $250,000 Hive MLS
• 2018-05-07 Sold (Public Records) $124,000 Public Records
• 2018-05-04 Sold (MLS) $124,000 Hive MLS
• 2018-05-04 Sold (MLS) $124,000 Hive MLS
• 2017-09-04 Listed $129,500 Hive MLS
• 2017-09-04 Listed $129,500 Hive MLS

Property tax history

+2.8%/yr

Latest (2025): $784 · +0.0% YoY. Source: county tax records.