The Ellison II Plan · Powdersville, SC 29611

$249,990

3 bd · 2.5 ba · 1,912 sqft · SingleFamily · 179 Days on market

Good condition

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Why this score? — see what drove the F 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 +7.5/15.0
• Schools +7.0/10.0
• Cash flow +4.8/30.0
• Condition / age +4.0/5.0
• Livability +3.3/5.0
• Rent growth +2.9/5.0
• 1% rule +0.6/10.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks

The Ellison II features a modern, open layout, perfect for comfortable living and entertaining. A generous kitchen with plenty of counter space for meal preparation and an optional island for those who love to entertain opens up to the spacious family room. The second-floor owner's suite boasts a huge bath and walk-in closet. Two well-appointed additional bedrooms and a perfectly placed laundry room finish off the second floor.

Key facts

• Generous kitchen
• Open layout
• Owner's suite

Tags

• OPEN LAYOUT
• GENEROUS KITCHEN
• OPTIONAL ISLAND
• SPACIOUS FAMILY ROOM
• OWNER'S SUITE
• HUGE BATH

🏗️ New construction. The $249,990 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $354,432.

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $250k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-867 ($-10k/yr) — negative.
• To cash-flow at today's rent, offer at most $229k (8.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $200k (19.9% below list).
• Recommended offer: $200k (19.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 66/100 on livability (#110 in SC) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living A-, crime B+; Watch: amenities F, commute F.
• Anderson 01 (rural): math 58% / reading 60% proficiency, ranked #3 of 80 in SC (top 4%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Concrete Primary (843 students, 51% FRL); Powdersville Middle (math 54% / reading 59%, grade B, #21 of 229 statewide, top 9%, 756 students, 42% FRL); Powdersville High (math 77% / reading 90%, grade A, #16 of 196 statewide, top 8%, 999 students, 43% FRL).
• Market conditions: Rents rising (+1.7%/yr); 434 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals lingering (median 111d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,255 units permitted in Anderson County in 2024 (0 in 5+ unit buildings).
• At $2,002/mo this rent would consume 47% of the median local household income ($52k/yr) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $11k 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.

Negotiation context

• It's been on market 179 days — a 12% lower offer ($220k) is reasonable based on typical stale-listing flexibility.

Recommended offer $200,242 (19.9% 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 179 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 0.56% ✗
• Cap rate: 3.36%
• Cash-on-cash: -10.49%
• DSCR: 0.53
• GRM: 14.8

CMA / ARV

• ARV (median comp): $354,432
• List price: $249,990
• Delta: -29.47%
• Verdict: UNDERPRICED
• Comps: 15 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
204 E Deer Dr	0.39mi	3/2.5	1,912 (0%)	18mo	$330,000	$173	67
323 Turkey Run	0.37mi	3/2.5	1,913 (+0%)	20mo	$374,000	$196	66
314 Turkey Run	0.41mi	3/2.5	1,879 (-2%)	21mo	$346,999	$185	60
100 Carmen Way	1.08mi	3/2.0	1,797 (-6%)	3mo	$320,000	$178	51
405 Riverside Dr	1.12mi	3/2.0	1,950 (+2%)	14mo	$325,000	$167	48
1101 Lakeview Dr	1.02mi	3/2.0	2,000 (+5%)	10mo	$365,000	$183	47
108 Blackbird Ln	1.02mi	4/2.0 (+1)	1,798 (-6%)	3mo	$269,000	$150	45
1008 Calumet Ct	0.78mi	3/2.0	1,979 (+4%)	17mo	$369,900	$187	43
10824 Anderson Rd	0.85mi	3/2.0	1,703 (-11%)	3mo	$310,000	$182	42
117 Greatview Ln	1.01mi	4/2.0 (+1)	1,885 (-1%)	22mo	$237,500	$126	37
100 Sterling Bridge Rd	1.10mi	4/2.5 (+1)	1,752 (-8%)	12mo	$265,000	$151	36
110 Carmen Way	1.09mi	2/2.0 (-1)	1,662 (-13%)	0mo	$335,000	$202	36

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 · 1.72% rent growth · sell at horizon

5-year hold

• IRR: -36.6%
• Equity multiple: -0.16×
• Total profit: $-115,201
• Equity at exit: $52,847

10-year hold

• IRR: -61.0%
• Equity multiple: -0.83×
• Total profit: $-181,520
• Equity at exit: $30,645

Cash invested: $99,241 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 8 active · 3 under contract
• Months of supply: 48.0 mo (2%/mo absorbed)
• Median asking: $343,800 ($187/sqft)
• Median days on market: 160 d
• This list price: 25% of active listings are priced below it
• ARV vs active asking: -0.7% vs current asking $/sqft

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

ZIP-level market 29611

• Home prices YoY: -34.6%
• Rents YoY: 1.7%
• Active inventory: 434
• Price-to-rent: 10.4×

Monthly cashflow live

• Estimated rent: $2,002 high
• Mortgage (P&I): −$1,859
• Tax est. 1.5%: −$443 /mo · $5,316/yr
• Insurance: −$148
• HOA: −$0
• Vacancy / Maint / Mgmt: −$421
• Net cashflow: $-867

Break-even live

Break-even rent $3,101

Max offer price $228,905

Occupancy floor —

Sensitivity live

Price	-10% $-623	-5% $-745	+0% $-867	+5% $-990	+10% $-1,112
Rent	-10% $-1,026	-5% $-947	+0% $-867	+5% $-788	+10% $-709
Rate	-1.0pp $-689	-0.5pp $-777	base $-867	+0.5pp $-959	+1.0pp $-1,053

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: $88,608
• Closing costs: $10,633
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
123 Brass Tack Dr Powdersville, SC	3.0	2.5	1912	$1,950	$1.02	133d	1	0.02mi
121 Arbor Trl Powdersville, SC	3.0	2.5	1748	$1,855	$1.06	10d	1	0.51mi
100 Boone Hall Dr Powdersville, SC	2.0–3.0	2.0	1162	$1,729	$1.49	0d	12	0.78mi
107 River Road Cir Powdersville, SC	3.0	1.5	1431	$1,749	$1.22	138d	1	0.95mi
104 Muir Way Piedmont, SC	3.0	2.5	1900	$1,950	$1.03	164d	1	1.13mi
305 Dipsea Spg Piedmont, SC	3.0	3.0	1817	$1,750	$0.96	49d	1	1.20mi
307 Dipsea Spg Piedmont, SC	3.0	3.0	1817	$1,950	$1.07	116d	1	1.20mi
412 Hood Rd Greenville, SC	3.0	2.0	1390	$1,806	$1.30	110d	1	1.25mi
206 Sunshine Way Easley, SC	3.0	2.0	1985	$2,495	$1.26	10d	1	1.50mi

Property features AI

Finance

• Financial info: List price $249,990

Exterior

• Parking: 2 parking spaces
• Utilities: Natural gasElectricCentral air (cooling)
• Home design: New construction planModel/plan: The Ellison IILocated in Powdersville, SC (100 Brass Tack Dr)
• Exterior features: Living area approximately 1912

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms1 half bathroom
• Heating & cooling: Natural gas heatingElectric heatingHeat pumpCentral air conditioning
• Interior features: Open living area (plan model)Plan named The Ellison II

Listing history 50 events

1. 2026-11-08
   days on market $249,990 Active 179 DOM
2. 2026-11-07
   days on market $249,990 Active 178 DOM
3. 2026-11-06
   days on market $249,990 Active 177 DOM
4. 2026-11-05
   days on market $249,990 Active 176 DOM
5. 2026-11-04
   days on market $249,990 Active 175 DOM
6. 2026-11-02
   days on market $249,990 Active 173 DOM
7. 2026-11-01
   days on market $249,990 Active 172 DOM
8. 2026-10-31
   days on market $249,990 Active 171 DOM
9. 2026-10-30
   days on market $249,990 Active 170 DOM
10. 2026-10-29
    days on market $249,990 Active 169 DOM
11. 2026-10-28
    days on market $249,990 Active 168 DOM
12. 2026-10-27
    days on market $249,990 Active 167 DOM
13. 2026-10-26
    days on market $249,990 Active 166 DOM
14. 2026-10-26
    days on market $249,990 Active 165 DOM
15. 2026-10-24
    days on market $249,990 Active 164 DOM
16. 2026-10-23
    days on market $249,990 Active 163 DOM
17. 2026-10-22
    days on market $249,990 Active 162 DOM
18. 2026-10-21
    days on market $249,990 Active 161 DOM
19. 2026-10-20
    days on market $249,990 Active 160 DOM
20. 2026-10-19
    days on market $249,990 Active 159 DOM
21. 2026-10-18
    days on market $249,990 Active 158 DOM
22. 2026-10-17
    days on market $249,990 Active 157 DOM
23. 2026-10-16
    days on market $249,990 Active 156 DOM
24. 2026-10-15
    days on market $249,990 Active 155 DOM
25. 2026-10-14
    days on market $249,990 Active 154 DOM
26. 2026-10-13
    days on market $249,990 Active 153 DOM
27. 2026-10-12
    days on market $249,990 Active 152 DOM
28. 2026-10-11
    days on market $249,990 Active 151 DOM
29. 2026-10-10
    days on market $249,990 Active 150 DOM
30. 2026-10-09
    days on market $249,990 Active 149 DOM
31. 2026-10-08
    days on market $249,990 Active 148 DOM
32. 2026-10-07
    days on market $249,990 Active 147 DOM
33. 2026-10-06
    days on market $249,990 Active 146 DOM
34. 2026-10-05
    days on market $249,990 Active 145 DOM
35. 2026-10-04
    days on market $249,990 Active 144 DOM
36. 2026-10-04
    days on market $249,990 Active 143 DOM
37. 2026-10-02
    days on market $249,990 Active 142 DOM
38. 2026-10-01
    days on market $249,990 Active 141 DOM
39. 2026-09-30
    days on market $249,990 Active 140 DOM
40. 2026-09-29
    days on market $249,990 Active 139 DOM
41. 2026-09-28
    days on market $249,990 Active 138 DOM
42. 2026-09-27
    days on market $249,990 Active 137 DOM
43. 2026-09-25
    days on market $249,990 Active 135 DOM
44. 2026-09-24
    days on market $249,990 Active 134 DOM
45. 2026-09-23
    days on market $249,990 Active 133 DOM
46. 2026-09-22
    days on market $249,990 Active 132 DOM
47. 2026-09-21
    days on market $249,990 Active 131 DOM
48. 2026-09-20
    days on market $249,990 Active 130 DOM
49. 2026-09-19
    days on market $249,990 Active 129 DOM
50. 2026-09-18
    days on market $249,990 Active 128 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $24,029
• − Mortgage interest: −$19,854
• − Property taxes: −$5,316
• − Insurance: −$1,772
• − Repairs & maintenance: −$1,922
• − Management: −$1,922
• − Depreciation: −$10,311
• Taxable loss: −$17,069
• Est. tax savings @ 24.0%: +$4,096
• After-tax cash flow: $-6,313/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 80/100 None rehab

This home is in excellent condition with a modern, open layout and well-maintained exterior. It has the potential to be a great investment with minor updates to enhance its curb appeal and modernize the interior.

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. ↑
• Resale Upgrading the kitchen appliances — Upgrading to more modern or energy-efficient appliances can increase the home's appeal to potential buyers. ↑
• Rental Adding a smart thermostat — A smart thermostat can help reduce energy costs and attract renters who value energy efficiency. ↑

C Composite school gradezoned avg 70/100

Zoned Schools

Elementary Powdersville Elementary B+ SC #41/597 Nat'l #4,125/41,679 Middle Powdersville Middle B SC #21/229 Nat'l #2,304/14,009 High Powdersville High A SC #16/196 Nat'l #817/17,239

Schools (NCES district)

• District: Anderson 01
• NCES district ID: 4500780
• Math proficiency: 58% ▼ -6.00%
• Reading proficiency: 60% ▼ -1.00%
• Median HH income: $52,196
• Composite: 50.46/100
• National rank: #1861
• State rank: #3 of 80 in SC

C Composite livability gradescore 66/100

Livability — Powdersville

• Score: 66/100
• State rank: #110
• US rank: #11385

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Powdersville, SC
• County: Greenville County · 210,546 people
• Metro: Greenville-Anderson, SC
• Population (ZIP): 32,365
• Household income: $51,565
• Rent vs Own: 46.7% rent · 53.3% own
• Severe rent burden: 12% of renters

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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%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.70)
• Race & ethnicity: White 41% Black 29% Hispanic / Latino 22% Two or more races 12%
• Hispanic origin (detail): Mexican 12% Puerto Rican 2%
• Languages at home: 79% English-only · Spanish 19% Russian/Polish/Slavic 1%

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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: ▼ -139.58%
• Current HPI: 264.2891
• Rent YoY: ▲ 1.72%
• Metro: Greenville-Anderson, SC
• State GDP YoY: ▲ 4.51%
• F500 in state: 2

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Industry mix (Fortune 500 HQ in SC)

Industry	F500 HQs	Revenue
▸Packaging	1	$7B

Property features AI

Finance

• Financial info: List price $249,990

Exterior

• Parking: 2 parking spaces
• Utilities: Natural gasElectricCentral air (cooling)
• Home design: New construction planModel/plan: The Ellison IILocated in Powdersville, SC (100 Brass Tack Dr)
• Exterior features: Living area approximately 1912

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms1 half bathroom
• Heating & cooling: Natural gas heatingElectric heatingHeat pumpCentral air conditioning
• Interior features: Open living area (plan model)Plan named The Ellison II