1446 Ridgewood Dr · Orangeburg, SC 29118

$139,900

4 bd · 2.0 ba · 1,478 sqft · SingleFamily public records · 298 Days on market

Built 1972 0.41 ac lot Est $183k · 24% under ↓ 26% since listing

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Why this score? — see what drove the B 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 +26.6/30.0
• ARV discount +15.0/15.0
• DSCR +9.1/10.0
• 1% rule +6.9/10.0
• Schools +5.0/10.0
• Livability +2.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Must see cozy 3 bedroom brick home in a central location near restaurants and schools! This charming property makes the perfect starter home, offering a spacious backyard ideal for family fun and entertaining. Don't let this opportunity pass you by! Zoned RG Permitted: Duplex, triplex, quad plex, Modular homes (No mobile homes) Daycare. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

Key facts

• Spacious backyard
• Central location
• 0.41 acre lot

Tags

• CENTRAL LOCATION
• SPACIOUS BACKYARD

Property features AI

Exterior

• Parking: 1-car garage
• Utilities: Septic tank; Public utilities available
• Home design: Single-family detached home; One story
• Construction: Architectural roof
• Exterior features: Chain link fencing; Lot under 0.5 acre

Interior

• Kitchen: Gas cooktop; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Laminate flooring; Vinyl flooring
• Bathrooms: 2 bathrooms
• Heating & cooling: Natural gas heating; Window air conditioning units
• Interior features: Family room

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $375 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $123k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.5% vs local median 4.2% in Orangeburg — 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 54/100 on livability (#324 in SC) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, health & safety B; Watch: housing C-, crime F, amenities D-.
• Zoned schools: Sheridan Elementary (math 8%, 486 students, 100% FRL); William J. Clark Middle (math 12%, 687 students, 100% FRL); Orangeburg Wilkinson High (math 22%, 1,073 students, 100% FRL).
• Market conditions: 163 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 87 units permitted in Orangeburg County in 2024 (0 in 5+ unit buildings).
• This rent runs 31% of the median local income ($64k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $967 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Orangeburg County population projected at -27% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $39k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 298 days — a 12% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $50k (26%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $123,112 (12.0% below list)

Questions for the listing agent

1. It's been on market 298 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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?
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: 1.19% ✓
• Cap rate: 9.51%
• Cash-on-cash: 11.50%
• DSCR: 1.51
• GRM: 7.0

CMA / ARV

• ARV (on-the-fly): $183,272
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3236 Hart St	0.46mi	3/2.0 (-1)	1,568 (+6%)	6mo	$195,000	$124	58
2036 NE Longwood Rd	0.72mi	4/2.5	1,600 (+8%)	1mo	$295,000	$184	50
3288 Hunter St Dwmh 1986 P/p Dr	0.41mi	3/2.0 (-1)	1,601 (+8%)	15mo	$270,000	$169	49
1650 John Wesley Dr	0.66mi	3/1.5 (-1)	1,539 (+4%)	11mo	$129,900	$84	46
1467 Rhoad St	0.54mi	3/1.5 (-1)	1,381 (-7%)	15mo	$168,000	$122	44
2858 Riley St St	0.65mi	3/2.0 (-1)	1,680 (+14%)	10mo	$125,000	$74	34

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 0.8%
• Equity multiple: 1.03×
• Total profit: $1,256
• Equity at exit: $20,860

10-year hold

• IRR: 10.5%
• Equity multiple: 1.82×
• Total profit: $31,931
• Equity at exit: $12,096

Cash invested: $39,172 (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 29118

• Home prices YoY: -28.9%
• Active inventory: 163
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,669 medium
• Mortgage (P&I): −$734
• Tax from tax record: −$151 /mo · $1,810/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$350
• Net cashflow: $375

Break-even live

Break-even rent $1,193

Max offer price $139,900

Occupancy floor 72%

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
996 Chester St Orangeburg, SC	3.0	1.5	1170	$1,050	$0.90	3d	1	0.99mi

Listing history 32 events

1. 2026-06-19
   days on market $139,900 Active 298 DOM
2. 2026-06-18
   days on market $139,900 Active 297 DOM
3. 2026-06-17
   days on market $139,900 Active 296 DOM
4. 2026-06-16
   days on market $139,900 Active 295 DOM
5. 2026-06-15
   days on market $139,900 Active 294 DOM
6. 2026-06-14
   days on market $139,900 Active 292 DOM
7. 2026-06-12
   days on market $139,900 Active 291 DOM
8. 2026-06-09
   days on market $139,900 Active 288 DOM
9. 2026-06-08
   days on market $139,900 Active 287 DOM
10. 2026-06-07
    days on market $139,900 Active 286 DOM
11. 2026-06-07
    days on market $139,900 Active 285 DOM
12. 2026-06-04
    days on market $139,900 Active 282 DOM
13. 2026-06-02
    days on market $139,900 Active 281 DOM
14. 2026-06-01
    days on market $139,900 Active 280 DOM
15. 2026-05-31
    days on market $139,900 Active 279 DOM
16. 2026-05-31
    days on market $139,900 Active 278 DOM
17. 2026-04-08
    price $139,900 443-char remark

    Show marketing remark (443 chars)

    Must see cozy 3 bedroom brick home in a central location near restaurants and schools! This charming property makes the perfect starter home, offering a spacious backyard ideal for family fun and entertaining. Don't let this opportunity pass you by! Zoned RG Permitted: Duplex, triplex, quad plex, Modular homes (No mobile homes) Daycare. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

18. 2026-04-07
    price $139,900
19. 2026-02-26
    price $150,900 443-char remark

    Show marketing remark (443 chars)

    Must see cozy 3 bedroom brick home in a central location near restaurants and schools! This charming property makes the perfect starter home, offering a spacious backyard ideal for family fun and entertaining. Don't let this opportunity pass you by! Zoned RG Permitted: Duplex, triplex, quad plex, Modular homes (No mobile homes) Daycare. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

20. 2026-02-25
    price $150,900
21. 2026-01-17
    price $165,000 443-char remark

    Show marketing remark (443 chars)

    Must see cozy 3 bedroom brick home in a central location near restaurants and schools! This charming property makes the perfect starter home, offering a spacious backyard ideal for family fun and entertaining. Don't let this opportunity pass you by! Zoned RG Permitted: Duplex, triplex, quad plex, Modular homes (No mobile homes) Daycare. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

22. 2026-01-16
    price $165,000
23. 2025-12-08
    price $169,999 443-char remark

    Show marketing remark (443 chars)

    Must see cozy 3 bedroom brick home in a central location near restaurants and schools! This charming property makes the perfect starter home, offering a spacious backyard ideal for family fun and entertaining. Don't let this opportunity pass you by! Zoned RG Permitted: Duplex, triplex, quad plex, Modular homes (No mobile homes) Daycare. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

24. 2025-12-08
    price $169,999

    Show marketing remark (443 chars)

    Must see cozy 3 bedroom brick home in a central location near restaurants and schools! This charming property makes the perfect starter home, offering a spacious backyard ideal for family fun and entertaining. Don't let this opportunity pass you by! Zoned RG Permitted: Duplex, triplex, quad plex, Modular homes (No mobile homes) Daycare. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

25. 2025-11-12
    price $174,900 443-char remark

    Show marketing remark (443 chars)

    Must see cozy 3 bedroom brick home in a central location near restaurants and schools! This charming property makes the perfect starter home, offering a spacious backyard ideal for family fun and entertaining. Don't let this opportunity pass you by! Zoned RG Permitted: Duplex, triplex, quad plex, Modular homes (No mobile homes) Daycare. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

26. 2025-11-08
    price $174,900
27. 2025-09-19
    price $179,900 443-char remark

    Show marketing remark (443 chars)

    Must see cozy 3 bedroom brick home in a central location near restaurants and schools! This charming property makes the perfect starter home, offering a spacious backyard ideal for family fun and entertaining. Don't let this opportunity pass you by! Zoned RG Permitted: Duplex, triplex, quad plex, Modular homes (No mobile homes) Daycare. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

28. 2025-09-18
    status Active 443-char remark

    Show marketing remark (443 chars)

    Must see cozy 3 bedroom brick home in a central location near restaurants and schools! This charming property makes the perfect starter home, offering a spacious backyard ideal for family fun and entertaining. Don't let this opportunity pass you by! Zoned RG Permitted: Duplex, triplex, quad plex, Modular homes (No mobile homes) Daycare. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

29. 2025-09-18
    price $179,900

    Show marketing remark (443 chars)

    Must see cozy 3 bedroom brick home in a central location near restaurants and schools! This charming property makes the perfect starter home, offering a spacious backyard ideal for family fun and entertaining. Don't let this opportunity pass you by! Zoned RG Permitted: Duplex, triplex, quad plex, Modular homes (No mobile homes) Daycare. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

30. 2025-08-25
    status Pending 443-char remark

    Show marketing remark (443 chars)

    Must see cozy 3 bedroom brick home in a central location near restaurants and schools! This charming property makes the perfect starter home, offering a spacious backyard ideal for family fun and entertaining. Don't let this opportunity pass you by! Zoned RG Permitted: Duplex, triplex, quad plex, Modular homes (No mobile homes) Daycare. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

31. 2025-08-22
    listed $190,000 Active 443-char remark

    Show marketing remark (443 chars)

    Must see cozy 3 bedroom brick home in a central location near restaurants and schools! This charming property makes the perfect starter home, offering a spacious backyard ideal for family fun and entertaining. Don't let this opportunity pass you by! Zoned RG Permitted: Duplex, triplex, quad plex, Modular homes (No mobile homes) Daycare. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

32. 2025-08-19
    listed $190,000 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: $1,810 · $151/mo
• Projected year-2 tax: $1,810 · $151/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥108°F today · 16 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% 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: $20,024
• − Mortgage interest: −$7,837
• − Property taxes: −$1,810
• − Insurance: −$700
• − Repairs & maintenance: −$1,602
• − Management: −$1,602
• − Depreciation: −$4,070
• Taxable income: $2,405
• Est. tax owed @ 24.0%: −$577
• After-tax cash flow: $3,929/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)

No district data.

Livability — Orangeburg

• Score: 54/100
• State rank: #324
• US rank: #23942

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Orangeburg County · 15,135 people
• City population: 15,135
• Metro: Orangeburg, SC
• Population (ZIP): 15,135
• Household income: $64,167
• Rent vs Own: 35.6% rent · 64.4% own
• Severe rent burden: 253.0

Population outlook (Orangeburg County) Hauer SSP2

• Today (2025): 82,698 people
• By 2030: 78,615 · -4.9%
• By 2040: 69,308 · -16.2%
• By 2050: 60,629 · -26.7%
• By 2075: 42,678 · -48.4%
• By 2100: 28,136 · -66.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority Black (63%)
• Race & ethnicity: Black 63% White 28% Hispanic / Latino 5% Asian 2% Two or more races 2%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Italian 1% Serbian 1% Lithuanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 91% English-only · Spanish 6% French/Haitian/Cajun 1% Arabic 1%

Political lean MEDSL · Orangeburg

• 2024 margin: Strong D (+24.6) · D 61.8% · R 37.2% · Other 1.1%
• 2008→2024 swing: -13.5pp toward R · 2008: 38.1pp · 2024: 24.6pp
• All cycles: 2024: D+24.6 2020: D+33.2 2016: D+37.0 2012: D+43.5 2008: D+38.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -71.45%
• Current HPI: 176.0101
• Rent YoY: —
• Metro: Orangeburg, 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

-26.4% since first listed

16 events — show timeline

• 2026-04-08 Price Changed $139,900 Consolidated MLS
• 2026-04-07 Price Changed $139,900 Charleston Trident MLS
• 2026-02-26 Price Changed $150,900 Consolidated MLS
• 2026-02-25 Price Changed $150,900 Charleston Trident MLS
• 2026-01-17 Price Changed $165,000 Consolidated MLS
• 2026-01-16 Price Changed $165,000 Charleston Trident MLS
• 2025-12-08 Price Changed $169,999 Consolidated MLS
• 2025-12-08 Price Changed $169,999 Charleston Trident MLS
• 2025-11-12 Price Changed $174,900 Consolidated MLS
• 2025-11-08 Price Changed $174,900 Charleston Trident MLS
• 2025-09-19 Price Changed $179,900 Consolidated MLS
• 2025-09-18 Relisted — Consolidated MLS
• 2025-09-18 Price Changed $179,900 Charleston Trident MLS
• 2025-08-25 Pending — Consolidated MLS
• 2025-08-22 Listed $190,000 Consolidated MLS
• 2025-08-19 Listed $190,000 Charleston Trident MLS

Property tax history

+38.4%/yr

Latest (2024): $1,810 · +19.7% YoY. Source: county tax records.