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3106 Bethel Rd Unit 70
D Composite 44.93
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 +11.5/15.0
  • Cash flow +7.8/30.0
  • Schools +6.2/10.0
  • 1% rule +6.0/10.0
  • Livability +4.4/5.0
  • Condition / age +3.8/5.0
  • Rent growth +3.5/5.0
  • DSCR +1.9/10.0
  • Appreciation +0.0/10.0

$169,900

3106 Bethel Rd Unit 70 · Simpsonville, SC 29681
3 bd · 2.5 ba · 1,614 sqft · Condo · 184 Days on market
Good condition $105/sqft · 9% below area Est $186k · 9% under $495/mo HOA · 26% of rent

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

Listing remarks

If low-maintenance living in a PRIME LOCATION with top tier schools is what you’re after, then look no further than Trentwood Community! This highly sought-after community offers a stress-free HOA that covers all the essentials (exterior maintenance, roof, gutters, water, newly updated clubhouse, pool, tennis courts, trash, and landscaping) so you can spend more time enjoying life. Nestled right against the Holly Tree Golf Course (currently undergoing a multi-million dollar makeover!), Trentwood provides a tranquil setting with views of rolling greens, ponds, and peaceful streams.

Key facts

  • Private balcony
  • Trentwood community
  • Prime location

Tags

PRIME LOCATIONTRENTWOOD COMMUNITYHOLLY TREE GOLF COURSEVIEWS OF ROLLING GREENSBACK PATIOPRIVATE BALCONY

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 condo listed at $170k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-190 ($-2k/yr) — negative.
  • To cash-flow at today's rent, offer at most $142k (16.2% below list).
  • Meets the 1% rule at list price ($2k rent vs $170k).
  • Recommended offer: $142k (16.2% below list) — sets the bar for cash-flow.
  • Cap rate 5.0% vs local median 4.0% in Simpsonville — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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: Bethel Elementary (math 61% / reading 59%, grade B-, #87 of 597 statewide, top 15%, 897 students, 52% FRL).
  • Market conditions: Rents rising fast (+4.1%/yr); 916 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals lingering (median 55d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 64% 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 $1k of loan paydown is wiped out by about $5k 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 184 days — a 12% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts since 8y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: HOA is 26% of rent.
  • Climate carrying-cost: extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $142,396 (16.2% 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 184 days. Have you received any prior offers? Is the seller open to a 16% 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. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. 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?
  8. 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?
  9. 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.
  10. 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.
  11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.10% ✓
Cap rate
4.95%
Cash-on-cash
-4.79%
DSCR
0.79
GRM
7.6

CMA / ARV

ARV (median comp)
$186,332
List price
$169,900
Delta
-8.82%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3106 Bethel Rd Unit 22 0.12mi 2/2.5 (-1) 1,445 (-10%) 0mo $122,000 $84 72
3210 Bethel Rd Unit 1 0.18mi 2/2.5 (-1) 1,368 (-15%) 1mo $163,000 $119 61
27 Fudora Cir 0.51mi 2/2.0 (-1) 1,687 (+4%) 2mo $394,900 $234 60
107 Carriage Ln 0.93mi 3/2.0 1,652 (+2%) 3mo $385,000 $233 57
403 Harness Trl 1.11mi 3/2.0 1,570 (-3%) 3mo $339,000 $216 56
302 Wild Rice Dr 0.72mi 3/2.0 1,695 (+5%) 0mo $347,500 $205 56
25 Minots Ledge Ln 0.67mi 3/2.5 1,440 (-11%) 1mo $259,900 $180 50
67 Fudora Cir 0.47mi 2/2.0 (-1) 1,825 (+13%) 2mo $377,500 $207 48
313 Poplar Ln 1.23mi 3/2.0 1,796 (+11%) 2mo $250,000 $139 43
234 Hadley Commons Dr 1.25mi 3/2.5 1,876 (+16%) 2mo $288,000 $154 39
106 Braxton Pl 1.44mi 3/3.5 1,963 (+22%) 2mo $225,000 $115 34
103 Hollymont Ct 0.98mi 4/2.0 (+1) 2,012 (+25%) 0mo $330,000 $164 33

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
-22.4%
Equity multiple
0.22×
Total profit
$-37,229
Equity at exit
$25,333
10-year hold
IRR
-12.6%
Equity multiple
0.20×
Total profit
$-37,948
Equity at exit
$14,690

Cash invested: $47,572 (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 29681

Rents YoY
4.1%
Active inventory
916
Price-to-rent
7.6×

Monthly cashflow live

Estimated rent
$1,872 high interval (Pro) →
Mortgage (P&I)
−$891
Tax est. 1.5%
−$212 /mo · $2,548/yr
Insurance
−$71
HOA
−$495
Vacancy / Maint / Mgmt
−$393
Net cashflow
$-190

Break-even live

Break-even rent $2,113
Max offer price $142,396
Occupancy floor —

Sensitivity live

Price -10% $-73 -5% $-131 +0% $-190 +5% $-249 +10% $-307
Rent -10% $-338 -5% $-264 +0% $-190 +5% $-116 +10% $-42
Rate -1.0pp $-105 -0.5pp $-147 base $-190 +0.5pp $-234 +1.0pp $-279

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
$42,475
Closing costs
$5,097
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 25 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3106 Bethel Rd Simpsonville, SC 3.0 2.5 1634 $1,695 $1.04 10d 1 0.12mi
3106 Bethel Rd Simpsonville, SC 3.0 2.5 1600 $1,695 $1.06 155d 1 0.12mi
3210 Bethel Rd Simpsonville, SC 2.0 2.5 1700 $1,550 $0.91 162d 1 0.22mi
3210 Bethel Rd Unit 49 Simpsonville, SC 2.0 2.5 1404 $1,550 $1.10 133d 1 0.26mi
1104 Via Corso Ave Simpsonville, SC 2.0–3.0 2.0 1166 $2,459 $2.11 2d 11 0.85mi
1312 Alexandrite Ln Mauldin, SC 3.0 2.5 1744 $1,795 $1.03 123d 1 1.18mi
263 Hadley Commons Dr Unit 1 Mauldin, SC 3.0 2.5 1794 $1,895 $1.06 116d 1 1.20mi
201 Belcross Dr Simpsonville, SC 3.0 2.0 1433 $1,725 $1.20 164d 1 1.20mi
254 Hadley Commons Dr Unit 1 Mauldin, SC 3.0 2.5 1775 $1,900 $1.07 10d 1 1.21mi
259 Hadley Commons Dr Mauldin, SC 2.0 2.5 1440 $1,695 $1.18 55d 1 1.22mi
202 Markswood Dr Simpsonville, SC 4.0 2.5 1830 $2,050 $1.12 118d 1 1.23mi
209 Barley Run Simpsonville, SC 3.0 2.0 1361 $1,950 $1.43 2d 1 1.24mi
103 Wickersham Dr Unit Main Simpsonville, SC 3.0 2.0 1400 $1,695 $1.21 164d 1 1.25mi
8 Capstone Ct Simpsonville, SC 3.0 2.0 1828 $1,950 $1.07 108d 1 1.26mi
2 Capstone Ct Simpsonville, SC 3.0 2.0 1867 $2,031 $1.09 55d 1 1.27mi
106 Steeplechase Ct Simpsonville, SC 4.0 2.5 1900 $2,400 $1.26 108d 1 1.27mi
782 E Butler Rd Mauldin, SC 1.0–3.0 1.0–2.0 1100 $1,666 $1.51 2d 31 1.27mi
130 Willow Forks Dr Simpsonville, SC 1.0–3.0 1.0–2.0 910 $1,350 $1.48 2d 4 1.30mi
6 Merrymount Dr Simpsonville, SC 3.0 2.0 2100 $2,300 $1.10 0d 1 1.31mi
306 Moonstone Dr Mauldin, SC 2.0 2.5 1400 $1,495 $1.07 164d 1 1.33mi
106 Saddletree Pl Simpsonville, SC 3.0 2.0 1550 $1,895 $1.22 55d 1 1.34mi
336 Lograto Ln Simpsonville, SC 3.0 2.5 1567 $1,850 $1.18 138d 1 1.36mi
204 Hadley Commons Dr Mauldin, SC 3.0 2.5 1900 $1,800 $0.95 2d 1 1.36mi
2000 Envee LN Greenville, SC 3.0 1.0–3.5 1148 $3,328 $2.90 15d 200 1.41mi
400 Water Garden Pl Unit 1 Simpsonville, SC 3.0 2.5 1959 $2,400 $1.23 55d 1 1.42mi

Property features AI

Finance

Other
Community amenities include clubhouse, common areas, lights, pool, sidewalks, tennis court, lawn and landscape maintenance, and a neighborhood lake/pondLead-based paint and residential property disclosures required
HOA & community
Homeowners association presentHOA covers exterior maintenance, insurance, lawn maintenance, pest control, pool, street lights, trash service, water, termite contract, by-laws, parking, and restrictive covenants

Exterior

Parking
Assigned parking for 2 spacesPaved driveway
Security
No fireplace (none listed)
Utilities
Public waterElectric water heaterPublic sewerPublic garbage pickup
Home design
Two-story residential propertyApproximate age: 31–50 yearsSlab foundation
Construction
Wood exterior finishArchitectural roof
Exterior features
BalconyDeckSome storm doorsProperty includes creek frontage and is on a golf courseSome trees and sidewalks on the property

Interior

Kitchen
DishwasherRefrigeratorElectric range (stand-alone)Built-in microwaveKitchen approx. 8 x 12; Breakfast area approx. 10 x 10; Dining area approx. 10 x 11
Bedrooms
Primary bedroom with full bath, shower only, and walk-in closet (primary on 2nd level)Bedroom sizes: Primary ~11 x 15; Second ~11 x 12; Third ~11 x 12
Flooring
CarpetLuxury vinyl tile/plank
Bathrooms
Two full bathroomsOne half bathroom
Heating & cooling
Electric forced-air heatingCentral forced cooling
Interior features
Built-in bookcaseCeiling fansWalk-in closet(s)Laminate countertopsPantry closet
Laundry & utility
First-floor laundry in closet-style spaceWasher/dryer hookups implied by included laundry space

HOA detail $495/mo · $5,940/yr condo

Likely covers
watertrashlandscapingexterior maint.pool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 50 events

  1. 2026-11-08
    days on market $169,900 Active 184 DOM
  2. 2026-11-07
    days on market $169,900 Active 183 DOM
  3. 2026-11-06
    days on market $169,900 Active 182 DOM
  4. 2026-11-05
    days on market $169,900 Active 181 DOM
  5. 2026-11-04
    days on market $169,900 Active 180 DOM
  6. 2026-11-02
    days on market $169,900 Active 178 DOM
  7. 2026-11-01
    days on market $169,900 Active 177 DOM
  8. 2026-10-31
    days on market $169,900 Active 176 DOM
  9. 2026-10-30
    days on market $169,900 Active 175 DOM
  10. 2026-10-29
    days on market $169,900 Active 174 DOM
  11. 2026-10-28
    days on market $169,900 Active 173 DOM
  12. 2026-10-27
    days on market $169,900 Active 172 DOM
  13. 2026-10-26
    days on market $169,900 Active 171 DOM
  14. 2026-10-25
    days on market $169,900 Active 170 DOM
  15. 2026-10-24
    days on market $169,900 Active 169 DOM
  16. 2026-10-23
    days on market $169,900 Active 168 DOM
  17. 2026-10-22
    days on market $169,900 Active 167 DOM
  18. 2026-10-21
    days on market $169,900 Active 166 DOM
  19. 2026-10-20
    days on market $169,900 Active 165 DOM
  20. 2026-10-19
    days on market $169,900 Active 164 DOM
  21. 2026-10-18
    days on market $169,900 Active 163 DOM
  22. 2026-10-17
    days on market $169,900 Active 162 DOM
  23. 2026-10-16
    days on market $169,900 Active 161 DOM
  24. 2026-10-15
    days on market $169,900 Active 160 DOM
  25. 2026-10-14
    days on market $169,900 Active 159 DOM
  26. 2026-10-13
    days on market $169,900 Active 158 DOM
  27. 2026-10-12
    days on market $169,900 Active 157 DOM
  28. 2026-10-11
    days on market $169,900 Active 156 DOM
  29. 2026-10-10
    days on market $169,900 Active 155 DOM
  30. 2026-10-09
    days on market $169,900 Active 154 DOM
  31. 2026-10-08
    days on market $169,900 Active 153 DOM
  32. 2026-10-07
    days on market $169,900 Active 152 DOM
  33. 2026-10-06
    days on market $169,900 Active 151 DOM
  34. 2026-10-05
    days on market $169,900 Active 150 DOM
  35. 2026-10-04
    days on market $169,900 Active 149 DOM
  36. 2026-10-04
    days on market $169,900 Active 148 DOM
  37. 2026-10-02
    days on market $169,900 Active 147 DOM
  38. 2026-10-01
    days on market $169,900 Active 146 DOM
  39. 2026-09-30
    days on market $169,900 Active 145 DOM
  40. 2026-09-29
    days on market $169,900 Active 144 DOM
  41. 2026-09-27
    days on market $169,900 Active 142 DOM
  42. 2026-09-25
    days on market $169,900 Active 140 DOM
  43. 2026-09-24
    days on market $169,900 Active 139 DOM
  44. 2026-09-23
    days on market $169,900 Active 138 DOM
  45. 2026-09-22
    days on market $169,900 Active 137 DOM
  46. 2026-09-21
    days on market $169,900 Active 136 DOM
  47. 2026-09-20
    days on market $169,900 Active 135 DOM
  48. 2026-09-19
    days on market $169,900 Active 134 DOM
  49. 2026-09-18
    days on market $169,900 Active 133 DOM
  50. 2026-09-17
    days on market $169,900 Active 132 DOM

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

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 6/10 Major 7 d/yr ≥103°F today · 17 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low 2% chance of damaging wind over 30 yrs
  • 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$22,467
− Mortgage interest
−$9,517
− Property taxes
−$2,548
− Insurance
−$850
− Repairs & maintenance
−$1,797
− Management
−$1,797
− HOA
−$5,940
− Depreciation
−$4,943
Taxable loss
−$4,925
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,182
After-tax cash flow
$-1,099/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 · 13 photos

Good 75/100 Cosmetic rehab Est. rehab $8,070–$24,210 screening

This well-maintained condo is in good condition with a good layout and neutral color scheme, making it a good investment for both resale and rental.

Value-add opportunities

  • Resale Painting the red accent walls in neutral tones — Neutral colors are more appealing to a wider range of buyers. ↑
  • Rental Updating the flooring in the bathrooms — Modern flooring in bathrooms can attract renters looking for updated spaces. ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

C Composite school gradezoned avg 62/100

Zoned Schools

Elementary Bethel Elementary B- SC #87/597 Nat'l #7,155/41,679 Middle Hillcrest Middle D+ SC #45/229 Nat'l #4,433/14,009 High Mauldin High A- SC #26/196 Nat'l #1,242/17,239

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

+38.9% since first listed
15 events — show timeline
  • 2026-05-08 Listed $179,900 Greater Greenville MLS
  • 2023-10-16 Listing Removed — Greater Greenville MLS
  • 2023-08-17 Listed $200,000 Greater Greenville MLS
  • 2023-08-02 Listing Removed — Greater Greenville MLS
  • 2023-05-24 Relisted — Greater Greenville MLS
  • 2023-05-03 Pending — Greater Greenville MLS
  • 2023-02-24 Listed $200,000 Greater Greenville MLS
  • 2020-12-08 Sold (MLS) $150,000 Greater Greenville MLS
  • 2020-11-03 Contingent — Greater Greenville MLS
  • 2020-11-02 Listed $150,000 Greater Greenville MLS
  • 2018-06-15 Sold (MLS) $116,900 Greater Greenville MLS
  • 2018-05-21 Contingent — Greater Greenville MLS
  • 2018-04-30 Price Changed $114,900 Greater Greenville MLS
  • 2018-04-11 Price Changed $124,500 Greater Greenville MLS
  • 2018-03-19 Listed $129,500 Greater Greenville MLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…