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107 Redfield Pl
D Composite 41.79
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).

  • ARV discount +12.6/15.0
  • Cash flow +7.1/30.0
  • Schools +5.6/10.0
  • Livability +4.4/5.0
  • Condition / age +4.2/5.0
  • Rent growth +3.5/5.0
  • 1% rule +3.0/10.0
  • DSCR +1.3/10.0
  • Appreciation +0.0/10.0

$244,990

107 Redfield Pl · Simpsonville, SC 29681
3 bd · 2.5 ba · 1,616 sqft · Townhouse · 45 Days on market
Built 2026 Good condition 1,742 sqft lot 1-car garage $152/sqft · 11% below area Est $276k · 11% under $205/mo HOA · 10% of rent ↓ 9% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Why Rent When You Can Own? Why rent when you can own a brand-new townhome in one of Simpsonville's most convenient locations? Gresham Station combines modern design, low-maintenance living, and easy access to everything you need. Close to Everything With convenient access to I-385, I-185, and I-85, enjoy: 6 minutes to Downtown Simpsonville 10 minutes to BridgeWay Station 14 minutes to Downtown Greenville 17 minutes to GSP Airport The community is served by Simpsonville Elementary, Hillcrest Middle, and Hillcrest High School. Modern Comfort & Everyday Convenience The open-concept main level connects the spacious kitchen, dining area, and bright family room. 9-foot ceilings and a 9-foot kitchen island create an inviting space for everyday living and entertaining. The primary suite features a walk-in closet and spa-inspired bath, while two additional bedrooms with walk-in closets offer flexible space for guests, a home office, or hobbies. An attached garage, oversized parking pad, built-in storage shed, and smart home technology add everyday convenience. More Time to Enjoy Life With lawn maintenance and landscaping included, plus HOA-maintained sidewalks and common areas, you can spend less time on upkeep. An appliance package with refrigerator, washer, dryer, and whole-home blinds makes moving in even easier. Stop renting and start building your future at Gresham Station. Schedule your private tour today!

Key facts

  • Patio off kitchen
  • Outdoor living
  • Smart home features

Tags

NO EXTERIOR MAINTENANCEALL APPLIANCES INCLUDEDPATIO OFF KITCHENOUTDOOR LIVINGSMART HOME FEATURESLOW MAINTENANCE LIVING

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.5-bath townhouse listed at $245k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-347 ($-4k/yr) — negative.
  • To cash-flow at today's rent, offer at most $195k (20.5% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $196k (19.9% below list).
  • Recommended offer: $195k (20.5% below list) — sets the bar for cash-flow.

Location & tenants

  • Location reads 87/100 on livability (#1 in SC, #295 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A+.
  • Greenville 01 (suburban): math 44% / reading 54% proficiency, ranked #10 of 80 in SC (top 12%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Simpsonville Elementary (math 52% / reading 52%, grade C-, #145 of 597 statewide, top 26%, 744 students, 71% FRL) — zoned schools average 71% FRL vs 42% district-wide (28 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents rising fast (+4.1%/yr); 916 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 57% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 5,595 units permitted in Greenville County in 2024 (566 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 $7k of value loss. Plan a longer hold.
  • Greenville County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 45 days — a 3% lower offer ($238k) 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 $194,762 (20.5% 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 45 days. Have you received any prior offers? Is the seller open to a 21% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  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
0.80% ✗
Cap rate
4.59%
Cash-on-cash
-6.07%
DSCR
0.73
GRM
10.4

CMA / ARV

ARV (median comp)
$276,490
List price
$244,990
Delta
-11.39%
Verdict
UNDERPRICED
Comps
13 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
9 Hagen Ln 0.03mi 3/2.5 1,600 (-1%) 0mo $269,990 $169 97
4 Redfield Pl 0.02mi 3/2.5 1,616 (0%) 4mo $270,990 $168 96
11 Hagen Ln 0.04mi 3/2.5 1,616 (0%) 3mo $274,990 $170 96
8 Redfield Pl 0.02mi 3/2.5 1,616 (0%) 4mo $250,990 $155 95
103 Redfield Pl 0.04mi 3/2.5 1,616 (0%) 5mo $276,490 $171 94
1 Hagen Ln 0.04mi 3/2.5 1,600 (-1%) 3mo $285,169 $178 94
10 Redfield Pl 0.04mi 3/2.5 1,600 (-1%) 4mo $265,990 $166 93
3 Redfield Pl 0.04mi 3/2.5 1,587 (-2%) 3mo $268,290 $169 93
6 Redfield Pl 0.02mi 3/2.5 1,587 (-2%) 4mo $279,990 $176 92
109 Redfield Pl 0.04mi 3/2.5 1,600 (-1%) 6mo $299,990 $187 91
7 Redfield Pl 0.04mi 3/2.5 1,600 (-1%) 6mo $287,990 $180 91
101 Redfield Pl 0.04mi 3/2.5 1,600 (-1%) 6mo $294,990 $184 91

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 · 4.09% rent growth · sell at horizon

5-year hold
IRR
-25.3%
Equity multiple
0.13×
Total profit
$-59,475
Equity at exit
$36,529
10-year hold
IRR
-17.8%
Equity multiple
-0.03×
Total profit
$-70,493
Equity at exit
$21,182

Cash invested: $68,597 (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.
Balanced market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
8 active · 10 under contract
Months of supply
5.3 mo (19%/mo absorbed)
Median asking
$249,990 ($158/sqft)
Median days on market
26 d
This list price
lowest-priced of the active set
ARV vs active asking
+8.6% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 29681

Rents YoY
4.1%
Active inventory
916
Price-to-rent
10.4×

Monthly cashflow live

Estimated rent
$1,963 high interval (Pro) →
Mortgage (P&I)
−$1,285
Tax est. 1.5%
−$306 /mo · $3,675/yr
Insurance
−$102
HOA
−$205
Vacancy / Maint / Mgmt
−$412
Net cashflow
$-347

Break-even live

Break-even rent $2,403
Max offer price $194,762
Occupancy floor —

Sensitivity live

Price -10% $-178 -5% $-262 +0% $-347 +5% $-432 +10% $-516
Rent -10% $-502 -5% $-425 +0% $-347 +5% $-270 +10% $-192
Rate -1.0pp $-224 -0.5pp $-285 base $-347 +0.5pp $-411 +1.0pp $-475

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
$61,248
Closing costs
$7,350
Reserves months
—
Total cash needed
—

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

Short-term bridge; refi at stabilization.

Rent comps 21 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
302 Kaplan Ct Simpsonville, SC 3.0 2.5 2168 $2,150 $0.99 46d 1 0.13mi
103 Abbotsford Dr Simpsonville, SC 3.0 2.0 1300 $1,695 $1.30 10d 1 0.62mi
1210 NE Main St Simpsonville, SC 3.0 1.5 1457 $1,295 $0.89 2d 1 0.67mi
207 Helen St Simpsonville, SC 3.0 2.0 1409 $1,695 $1.20 46d 1 0.72mi
300 Florence Dr Simpsonville, SC 3.0 2.0 1080 $1,495 $1.38 133d 1 0.75mi
118 Newgate Dr Simpsonville, SC 3.0 2.0 1356 $1,730 $1.28 7d 1 0.82mi
202 Newgate Dr Simpsonville, SC 4.0 2.0 1656 $1,795 $1.08 155d 1 0.87mi
1316 NE Main St Simpsonville, SC 3.0–4.0 2.5 1725 $1,999 $1.16 1d 26 0.87mi
103 Jones Ave Unit B Simpsonville, SC 2.0 1.5 1360 $1,700 $1.25 164d 1 1.08mi
826 Stonebriar St Unit 1 Simpsonville, SC 3.0 2.5 2063 $2,295 $1.11 160d 1 1.31mi
722 Elmbrook Dr Unit 1 Simpsonville, SC 3.0 2.5 1552 $1,700 $1.10 51d 1 1.31mi
400 Water Garden Pl Unit 1 Simpsonville, SC 3.0 2.5 1959 $2,400 $1.23 55d 1 1.31mi
24 Bay Springs Dr Simpsonville, SC 3.0 2.5 1548 $1,795 $1.16 164d 1 1.32mi
813 Stonebriar St Simpsonville, SC 3.0 2.5 1550 $1,695 $1.09 144d 1 1.33mi
730 Elmbrook Dr Simpsonville, SC 3.0 2.5 1540 $1,795 $1.17 108d 1 1.33mi
127 Roseridge Dr Simpsonville, SC 3.0 2.5 1575 $1,750 $1.11 10d 1 1.36mi
218 Clearwood Dr Simpsonville, SC 3.0 2.5 1400 $1,780 $1.27 28d 1 1.37mi
218 Clearwood Dr Simpsonville, SC 3.0 2.5 1400 $1,780 $1.27 29d 1 1.37mi
535 Brookwood Point Pl Simpsonville, SC 1.0–2.0 1.0–2.0 969 $1,553 $1.60 0d 6 1.37mi
663 Timber Walk Dr Simpsonville, SC 3.0 2.5 1896 $1,881 $0.99 24d 1 1.37mi
300 Huntingdale Pl Simpsonville, SC 3.0 2.5 1544 $1,890 $1.22 125d 1 1.41mi

Property features AI

Finance

HOA & community
Homeowners association presentHOA covers exterior maintenance, lawn maintenance, street lights, trash service, and termite contractCommunity amenities include common areas, lighting, and lawn maintenance

Exterior

Parking
Attached 1-car garage with door openerPaved driveway with extra parking pad
Utilities
Public waterPublic sewerElectric water heaterPublic garbage pickup
Home design
Two-story homeModel: LitchfieldNew construction (approx. built 2026)New / never lived inBuilder: DRB Homes
Construction
Hardboard siding exteriorArchitectural roofSlab foundation
Exterior features
Front porchPatioTilt-out windowsLevel lot

Interior

Kitchen
DishwasherDisposalElectric oven / rangeBuilt-in microwaveRefrigeratorQuartz countertops
Bedrooms
Primary bedroom on 2nd floor with walk-in closet, shower-only bath, and double sinkSecond bedroom (approx. 14 x 10)Third bedroom (approx. 14 x 10)
Flooring
CarpetLuxury vinyl tile/plank
Bathrooms
Two full bathroomsOne half bathroom
Heating & cooling
Electric heating systemElectric cooling system
Interior features
Attic with disappearing stairsCable available9-foot (or higher) smooth ceilingsOpen floor planHard quartz countertopsSmoke detectorSmart systems pre-wiringWalk-in closet(s)
Laundry & utility
Second-floor laundry in closet-style roomElectric dryer hookupWasher included

HOA detail $205/mo · $2,460/yr

Likely covers
landscaping

Listing history 50 events

  1. 2026-11-08
    days on market $244,990 Active 45 DOM
  2. 2026-11-07
    days on market $244,990 Active 44 DOM
  3. 2026-11-06
    days on market $244,990 Active 43 DOM
  4. 2026-11-05
    days on market $244,990 Active 42 DOM
  5. 2026-11-04
    days on market $244,990 Active 41 DOM
  6. 2026-11-02
    days on market $244,990 Active 39 DOM
  7. 2026-11-01
    days on market $244,990 Active 38 DOM
  8. 2026-10-31
    days on market $244,990 Active 37 DOM
  9. 2026-10-30
    days on market $244,990 Active 36 DOM
  10. 2026-10-29
    days on market $244,990 Active 35 DOM
  11. 2026-10-28
    days on market $244,990 Active 34 DOM
  12. 2026-10-27
    days on market $244,990 Active 33 DOM
  13. 2026-10-26
    days on market $244,990 Active 32 DOM
  14. 2026-10-25
    days on market $244,990 Active 31 DOM
  15. 2026-10-24
    days on market $244,990 Active 30 DOM
  16. 2026-10-23
    days on market $244,990 Active 29 DOM
  17. 2026-10-22
    days on market $244,990 Active 28 DOM
  18. 2026-10-21
    days on market $244,990 Active 27 DOM
  19. 2026-10-20
    days on market $244,990 Active 26 DOM
  20. 2026-10-19
    days on market $244,990 Active 25 DOM
  21. 2026-10-18
    days on market $244,990 Active 24 DOM
  22. 2026-10-17
    days on market $244,990 Active 23 DOM
  23. 2026-10-16
    days on market $244,990 Active 22 DOM
  24. 2026-10-15
    days on market $244,990 Active 21 DOM
  25. 2026-10-14
    days on market $244,990 Active 20 DOM
  26. 2026-10-13
    days on market $244,990 Active 19 DOM
  27. 2026-10-12
    days on market $244,990 Active 18 DOM
  28. 2026-10-11
    days on market $244,990 Active 17 DOM
  29. 2026-10-10
    days on market $244,990 Active 16 DOM
  30. 2026-10-09
    days on market $244,990 Active 15 DOM
  31. 2026-10-08
    days on market $244,990 Active 14 DOM
  32. 2026-10-07
    days on market $244,990 Active 13 DOM
  33. 2026-10-06
    days on market $244,990 Active 12 DOM
  34. 2026-10-05
    days on market $244,990 Active 11 DOM
  35. 2026-10-04
    days on market $244,990 Active 10 DOM
  36. 2026-10-04
    days on market $244,990 Active 9 DOM
  37. 2026-10-02
    days on market $244,990 Active 8 DOM
  38. 2026-10-01
    days on market $244,990 Active 7 DOM
  39. 2026-09-30
    days on market $244,990 Active 6 DOM
  40. 2026-09-29
    days on market $244,990 Active 5 DOM
  41. 2026-09-28
    days on market $244,990 Active 4 DOM
  42. 2026-09-27
    days on market $244,990 Active 3 DOM
  43. 2026-09-26
    price $244,990 Active 1 DOM
    Show marketing remark (1434 chars)

    Why Rent When You Can Own? Why rent when you can own a brand-new townhome in one of Simpsonville's most convenient locations? Gresham Station combines modern design, low-maintenance living, and easy access to everything you need. Close to Everything With convenient access to I-385, I-185, and I-85, enjoy: 6 minutes to Downtown Simpsonville 10 minutes to BridgeWay Station 14 minutes to Downtown Greenville 17 minutes to GSP Airport The community is served by Simpsonville Elementary, Hillcrest Middle, and Hillcrest High School. Modern Comfort & Everyday Convenience The open-concept main level connects the spacious kitchen, dining area, and bright family room. 9-foot ceilings and a 9-foot kitchen island create an inviting space for everyday living and entertaining. The primary suite features a walk-in closet and spa-inspired bath, while two additional bedrooms with walk-in closets offer flexible space for guests, a home office, or hobbies. An attached garage, oversized parking pad, built-in storage shed, and smart home technology add everyday convenience. More Time to Enjoy Life With lawn maintenance and landscaping included, plus HOA-maintained sidewalks and common areas, you can spend less time on upkeep. An appliance package with refrigerator, washer, dryer, and whole-home blinds makes moving in even easier. Stop renting and start building your future at Gresham Station. Schedule your private tour today!

  44. 2026-09-24
    days on marketlisting id $249,990 Active 1 DOM
  45. 2026-09-24
    remarks 699-char remark
  46. 2026-09-24
    days on marketlisting id $249,990 Active 146 DOM
  47. 2026-09-23
    days on market $249,990 Active 64 DOM
  48. 2026-09-22
    days on market $249,990 Active 63 DOM
  49. 2026-09-21
    days on market $249,990 Active 62 DOM
  50. 2026-09-20
    days on market $249,990 Active 61 DOM

ⓘ 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
$23,559
− Mortgage interest
−$13,723
− Property taxes
−$3,675
− Insurance
−$1,225
− Repairs & maintenance
−$1,885
− Management
−$1,885
− HOA
−$2,460
− Depreciation
−$7,127
Taxable loss
−$8,421
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,021
After-tax cash flow
$-2,144/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 · 12 photos

Good 85/100 None rehab

This modern townhouse is in excellent condition with a good condition score of 85. It has a spacious kitchen, well-maintained exterior, and a clean interior. The home is move-in ready and has the potential for further value increases through minor updates.

Value-add opportunities

  • Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics ↑
  • Both Landscaping improvements — A well-maintained yard can increase both resale and rental value ↑
  • Both Adding smart home features — Smart home features can increase both resale and rental value by making the home more modern and convenient ↑
D Composite school gradezoned avg 56/100

Zoned Schools

Elementary Simpsonville Elementary C- SC #145/597 Nat'l #11,263/41,679 Middle Hillcrest Middle D+ SC #45/229 Nat'l #4,433/14,009 High Hillcrest High B+ SC #57/196 Nat'l #2,083/17,239

Schools (NCES district)

District
Greenville 01
NCES district ID
4502310
Math proficiency
44% ▼ -10.00%
Reading proficiency
54% ▼ -2.00%
Median HH income
$49,596
Composite
41.88/100
National rank
#3370
State rank
#10 of 80 in SC
A Composite livability gradescore 87/100

Livability — Simpsonville

Score
87/100
State rank
#1
US rank
#295

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Greenville County · 574,580 people
City population
104,420
Metro
Greenville-Anderson, SC
Population (ZIP)
68,650
Household income
$114,986
Rent vs Own
15.4% rent · 84.6% own
Severe rent burden
8% of renters

Population outlook (Greenville County) Hauer SSP2

Today (2025)
574,580 people
By 2030
615,615 · +7.1%
By 2040
695,373 · +21.0%
By 2050
769,367 · +33.9%
By 2075
933,296 · +62.4%
By 2100
1,029,196 · +79.1%

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%
Languages at home
89% English-only · Spanish 6% Other Indo-European 1% Other Asian/Pacific 1%

Political lean MEDSL · Greenville

2024 margin
Strong R (+22.2) · D 38.0% · R 60.2% · Other 1.8%
2008→2024 swing
+1.7pp toward D · 2008: -23.9pp · 2024: -22.2pp
All cycles
2024: R+22.2 2020: R+18.2 2016: R+24.7 2012: R+27.8 2008: R+23.9

Not yet ingested

Civics
—

Price history

-8.9% since first listed
14 events — show timeline
  • 2026-09-26 Price Changed $244,990 Zillow
  • 2026-09-25 Price Changed $244,990 Greater Greenville MLS
  • 2026-09-24 Listed $249,990 Greater Greenville MLS
  • 2026-09-23 Listing Removed — Greater Greenville MLS
  • 2026-09-12 Price Changed $249,990 Zillow
  • 2026-09-11 Price Changed $249,990 Greater Greenville MLS
  • 2026-08-22 Price Changed $258,990 Zillow
  • 2026-08-21 Price Changed $258,990 Greater Greenville MLS
  • 2026-07-21 Listed $263,990 Greater Greenville MLS
  • 2026-07-20 Listing Removed — Greater Greenville MLS
  • 2026-05-29 Price Changed $263,990 Zillow
  • 2026-05-29 Price Changed $263,990 Greater Greenville MLS
  • 2026-05-27 Listed $268,990 Greater Greenville MLS
  • 2026-05-02 Listed $268,990 Zillow

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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