3481 Nolana Loop · Graniteville, SC 29829

$219,500

3 bd · 2.0 ba · 1,184 sqft · Other

Built 2026 Good condition 4,356 sqft lot $33/mo HOA · 2% of rent

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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 +20.1/30.0
• Appreciation +9.2/10.0
• ARV discount +7.5/15.0
• DSCR +6.4/10.0
• 1% rule +4.2/10.0
• Condition / age +4.0/5.0
• Schools +3.2/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0

Listing remarks

Sullivan Floorplan | Byrd Village (Graniteville, SC) Welcome to the Sullivan floorplan in Byrd Village, located in Graniteville, South Carolina--a smartly designed single story, 3 bedroom, 2 bath ranch home offering 1,184 square feet of efficient, open living space plus a 1 car garage for parking and extra storage. Inside, the Sullivan is built for everyday comfort and easy entertaining. The open kitchen is centrally located beside the living room and features an island with bar stool seating, sleek cabinetry, granite countertops, and stainless steel appliances--the kind of setup buyers love for casual meals and hosting. The living room brings in natural light and opens to a back patio, g

Key facts

• 4,356 sq ft lot
• Garage
• Built 2026

Property features AI

Finance

• Other: Green/energy-efficient features: thermostat, appliances, windows, water heater
• HOA & community: Homeowners association with an annual fee of $395 (about $32.92/month); Community amenities include a pool and other community features

Exterior

• Parking: 1-car garage; Garage door opener; Driveway
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer; Cable available; Underground utilities; Electricity available; Natural gas available; Water available
• Home design: Single family residence; One level; New construction
• Construction: Brick veneer and HardiPlank exterior; Composition roof; Slab foundation; Built as new construction
• Exterior features: Patio; Community pool; No additional exterior features listed

Interior

• Kitchen: Dishwasher; Disposal; Range; Microwave
• Bedrooms: 4 total rooms (bedroom count not specifically stated)
• Flooring: Laminate; Carpet
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central air; Ceiling fans; Forced air heating; Natural gas
• Interior features: Ceiling fans; Eat-in kitchen; High-speed internet; Window coverings; Tankless water heater; Home warranty included
• Laundry & utility: Washer hookup; Electric dryer hookup

🏗️ New construction. Builder plan / spec listing (the home may be to-be-built); metrics use comparable previous sales.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath other listed at $220k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $273 ($3k/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 $202k (8.0% below list).
• Recommended offer: $202k (8.0% below list) — sets the bar for 1% rule.
• Cap rate 7.8% vs local median 6.0% in Graniteville — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 59/100 on livability (#240 in SC) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, crime B+; Watch: amenities F, commute F, employment 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: Byrd Elementary (math 28% / reading 36%, grade F, #369 of 597 statewide, top 64%, 657 students, 37% FRL); Leavelle Mccampbell Middle (math 19% / reading 32%, grade F, #162 of 229 statewide, top 71%, 650 students, 55% FRL); Midland Valley High (math 31% / reading 83%, grade C, #120 of 196 statewide, top 64%, 1,477 students, 62% FRL) — zoned schools at 51% FRL track the district average.
• Market conditions: 298 active listings in the ZIP; solid renter incomes; 2,500 units permitted in Aiken County in 2024 (1,023 in 5+ unit buildings).

Forward outlook

• In year one you build about $20k of equity ($2k loan paydown + $18k 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 $61k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 0 days on market — expect competitive offers; lowballing is unlikely to land.

Recommended offer $201,943 (8.0% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 0.92% ✗
• Cap rate: 7.78%
• Cash-on-cash: 5.33%
• DSCR: 1.24
• GRM: 9.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 24.8%
• Equity multiple: 2.84×
• Total profit: $113,070
• Equity at exit: $172,468

10-year hold

• IRR: 22.3%
• Equity multiple: 6.13×
• Total profit: $315,307
• Equity at exit: $347,938

Cash invested: $61,460 (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 29829

• Home prices YoY: 3.0%
• Active inventory: 298
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $2,019 medium
• Mortgage (P&I): −$1,151
• Tax from tax record: −$47 /mo · $565/yr
• Insurance: −$91
• HOA: −$33
• Vacancy / Maint / Mgmt: −$424
• Net cashflow: $273

Break-even live

Break-even rent $1,674

Max offer price $219,500

Occupancy floor 81%

Sensitivity live

Price	-10% $397	-5% $335	+0% $273	+5% $211	+10% $149
Rent	-10% $113	-5% $193	+0% $273	+5% $353	+10% $432
Rate	-1.0pp $383	-0.5pp $329	base $273	+0.5pp $216	+1.0pp $158

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: $54,875
• Closing costs: $6,585
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $33 · $396/yr

Listing history 4 events

1. 2026-06-21
   days on marketlisting id $219,500 Pending
2. 2026-05-31
   status $219,500 Pending 3 DOM
3. 2026-05-30
   days on market $219,500 Active 3 DOM
4. 2026-05-28
   listed $219,500 Active

ⓘ 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: $565 · $47/mo
• Projected year-2 tax: $1,251 · $104/mo
• Expected delta: +$687/yr (+$57/mo · 121.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $24,233
• − Mortgage interest: −$12,295
• − Property taxes: −$565
• − Insurance: −$1,098
• − Repairs & maintenance: −$1,939
• − Management: −$1,939
• − HOA: −$396
• − Depreciation: −$6,385
• Taxable loss: −$383
• Est. tax savings @ 24.0%: +$92
• After-tax cash flow: $3,365/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 Sullivan floor plan home is in excellent condition with modern amenities and a well-maintained exterior. Smart home integration and landscaping improvements would further enhance its value.

Value-add opportunities

• Both Smart home integration — Enhances comfort and control, attracting tech-savvy buyers.
• Both Landscaping improvements — Enhances curb appeal and adds value to the property.

Renovation cost estimate screening

Value-add ROI direction

• Both Smart home integration — Enhances comfort and control, attracting tech-savvy buyers. ↑
• Both Landscaping improvements — Enhances curb appeal and adds value to the property. ↑

ⓘ 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 — Graniteville

• Score: 59/100
• State rank: #240
• US rank: #19924

Category grades

Amenities F Commute F Cost of living A+ Crime B+ Employment F Housing C+ 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: 12,385
• 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
▸Packaging	1	$7B

Price history

1 event — show timeline

• 2026-05-28 Listed $219,500 AMLS

Property tax history

+15.8%/yr

Latest (2025): $565 · +15.8% YoY. Source: county tax records.