100 Kensington Blvd #1512 · Bluffton, SC 29910

$165,000

1 bd · 1.0 ba · 672 sqft · Condo public records · 91 Days on market

Built 2000 $246/sqft · at area comps Est $169k · at est.

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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).

• Cash flow +12.9/30.0
• ARV discount +8.7/15.0
• 1% rule +4.8/10.0
• Schools +4.1/10.0
• DSCR +3.9/10.0
• Rent growth +3.5/5.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Comfortable οne‐bedrοοm overloοkіng a wooded area on the sесond floor. The community offers a fitness center, a community pool, and security.

Key facts

• Fitness center
• Community pool
• Wooded area

Tags

• FITNESS CENTER
• COMMUNITY POOL
• WOODED AREA

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $165k.

Deal economics

• At list price, monthly cash flow is $-11 ($-130/yr) — negative.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $162k (1.6% below list).
• Recommended offer: $150k (9.0% below list) — sets the bar for market timing.
• Cap rate 6.2% vs local median 3.2% in Bluffton — 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 68/100 on livability (#76 in SC) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, cost of living D-.
• Beaufort 01 (town): math 42% / reading 51% proficiency, ranked #17 of 80 in SC (top 21%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+4.1%/yr); 760 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 1,824 units permitted in Beaufort County in 2024 (618 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.
• Beaufort County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 91 days — a 9% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 15y ago; this cycle's ask has dropped $20k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $135k; 22% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $150,150 (9.0% 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 91 days. Have you received any prior offers? Is the seller open to a 9% 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: 0.98% ✗
• Cap rate: 6.21%
• Cash-on-cash: -0.28%
• DSCR: 0.99
• GRM: 8.5

CMA / ARV

• ARV (median comp): $169,330
• List price: $165,000
• Delta: -2.56%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 4.06% rent growth · sell at horizon

5-year hold

• IRR: -15.3%
• Equity multiple: 0.45×
• Total profit: $-25,559
• Equity at exit: $24,602

10-year hold

• IRR: -4.8%
• Equity multiple: 0.67×
• Total profit: $-15,327
• Equity at exit: $14,266

Cash invested: $46,200 (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 29910

• Home prices YoY: -22.9%
• Rents YoY: 4.1%
• Active inventory: 760
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $1,624 medium
• Mortgage (P&I): −$865
• Tax from tax record: −$148 /mo · $1,770/yr
• Insurance: −$69
• HOA est. from 3 same-building comps: −$212
• Vacancy / Maint / Mgmt: −$341
• Net cashflow: $-11

Break-even live

Break-even rent $1,637

Max offer price $163,084

Occupancy floor 96%

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: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
100 Kensington Blvd Bluffton, SC	1.0–3.0	1.0–2.0	908	$1,500	$1.65	13d	3	0.04mi
37 Regent Ave Unit 2 Bluffton, SC	—	1.0	600	$1,350	$2.25	13d	1	0.16mi

HOA detail condo

• Monthly dues: $0 · $0/yr
• Likely covers: poolgymsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 28 events

1. 2026-06-18
   days on market $165,000 Active 91 DOM
2. 2026-06-17
   days on market $165,000 Active 90 DOM
3. 2026-06-16
   days on market $165,000 Active 89 DOM
4. 2026-06-15
   days on market $165,000 Active 88 DOM
5. 2026-06-14
   days on market $165,000 Active 86 DOM
6. 2026-06-13
   days on market $165,000 Active 85 DOM
7. 2026-06-10
   days on market $165,000 Active 83 DOM
8. 2026-06-09
   days on market $165,000 Active 82 DOM
9. 2026-06-08
   days on market $165,000 Active 81 DOM
10. 2026-06-07
    days on market $165,000 Active 80 DOM
11. 2026-06-05
    days on market $165,000 Active 77 DOM
12. 2026-06-03
    days on market $165,000 Active 76 DOM
13. 2026-06-02
    days on market $165,000 Active 75 DOM
14. 2026-06-01
    days on market $165,000 Active 74 DOM
15. 2026-05-31
    days on market $165,000 Active 73 DOM
16. 2026-05-18
    price $165,000 173-char remark

    Show marketing remark (173 chars)

    Comfortable οne‐bedrοοm overloοkіng a wooded area on the sесond floor. The community offers a fitness center, a community pool, and security.

17. 2026-03-19
    listed $185,000 Active 173-char remark

    Show marketing remark (173 chars)

    Comfortable οne‐bedrοοm overloοkіng a wooded area on the sесond floor. The community offers a fitness center, a community pool, and security.

18. 2021-11-23
    soldstatus $135,000
19. 2021-11-10
    soldstatus $135,000 594-char remark

    Show marketing remark (594 chars)

    Immaculate 2nd floor condo offers a galley kitchen with newer stainless steel/black appliances, white cabinets, and laundry closet. Unwind in the beautifully remodeled owner's bath featuring a new tiled walk-in shower with glazed doors, custom vanity, water-saving commode, and new fixtures. Relax in the bright and spacious living room and bird-watch from the covered balcony with wooded views. The Estate at Westbury offers a pool, fitness center, clubhouse, playground, and sidewalks. Publix grocery store, restaurants, retail shops, and medical facilities are just outside the neighborhood.

20. 2021-11-10
    soldstatus $135,000

    Show marketing remark (594 chars)

    Immaculate 2nd floor condo offers a galley kitchen with newer stainless steel/black appliances, white cabinets, and laundry closet. Unwind in the beautifully remodeled owner's bath featuring a new tiled walk-in shower with glazed doors, custom vanity, water-saving commode, and new fixtures. Relax in the bright and spacious living room and bird-watch from the covered balcony with wooded views. The Estate at Westbury offers a pool, fitness center, clubhouse, playground, and sidewalks. Publix grocery store, restaurants, retail shops, and medical facilities are just outside the neighborhood.

21. 2021-10-09
    listed $130,000 594-char remark

    Show marketing remark (594 chars)

    Immaculate 2nd floor condo offers a galley kitchen with newer stainless steel/black appliances, white cabinets, and laundry closet. Unwind in the beautifully remodeled owner's bath featuring a new tiled walk-in shower with glazed doors, custom vanity, water-saving commode, and new fixtures. Relax in the bright and spacious living room and bird-watch from the covered balcony with wooded views. The Estate at Westbury offers a pool, fitness center, clubhouse, playground, and sidewalks. Publix grocery store, restaurants, retail shops, and medical facilities are just outside the neighborhood.

22. 2021-10-09
    listed $130,000

    Show marketing remark (594 chars)

    Immaculate 2nd floor condo offers a galley kitchen with newer stainless steel/black appliances, white cabinets, and laundry closet. Unwind in the beautifully remodeled owner's bath featuring a new tiled walk-in shower with glazed doors, custom vanity, water-saving commode, and new fixtures. Relax in the bright and spacious living room and bird-watch from the covered balcony with wooded views. The Estate at Westbury offers a pool, fitness center, clubhouse, playground, and sidewalks. Publix grocery store, restaurants, retail shops, and medical facilities are just outside the neighborhood.

23. 2017-07-28
    soldstatus $82,000
24. 2017-07-27
    soldstatus $82,000
25. 2017-05-02
    listed $84,500
26. 2012-04-20
    soldstatus $27,000
27. 2012-04-17
    soldstatus $27,000
28. 2011-07-21
    listed $29,000

ⓘ 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: $1,770 · $148/mo
• Projected year-2 tax: $1,770 · $148/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Taxation est. · year 1

• Rental income: $19,484
• − Mortgage interest: −$9,243
• − Property taxes: −$1,770
• − Insurance: −$825
• − Repairs & maintenance: −$1,559
• − Management: −$1,559
• − HOA: −$2,544
• − Depreciation: −$4,800
• Taxable loss: −$2,815
• Est. tax savings @ 24.0%: +$676
• After-tax cash flow: $545/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)

• District: Beaufort 01
• NCES district ID: 4501110
• Math proficiency: 42% ▼ -8.00%
• Reading proficiency: 51% ▲ 2.00%
• Median HH income: $57,430
• Composite: 40.56/100
• National rank: #3699
• State rank: #17 of 80 in SC

Livability — Bluffton

• Score: 68/100
• State rank: #76
• US rank: #8936

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Beaufort County · 163,770 people
• City population: 77,022
• Metro: Hilton Head Island-Bluffton, SC
• Population (ZIP): 53,019
• Household income: $98,912
• Rent vs Own: 22.8% rent · 77.2% own
• Severe rent burden: 1146.0

Population outlook (Beaufort County) Hauer SSP2

• Today (2025): 211,915 people
• By 2030: 227,272 · +7.2%
• By 2040: 253,861 · +19.8%
• By 2050: 275,126 · +29.8%
• By 2075: 311,022 · +46.8%
• By 2100: 321,286 · +51.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (70%)
• Race & ethnicity: White 70% Hispanic / Latino 18% Two or more races 8% Black 7%
• Hispanic origin (detail): Mexican 7% Puerto Rican 3%
• Common ancestry: Romanian 4% Slovak 3% Lithuanian 3%
• Foreign-born: 9% · Canada, Jamaica, Dominican Republic
• Languages at home: 84% English-only · Spanish 13% Other Indo-European 1% French/Haitian/Cajun 1%

Political lean MEDSL · Beaufort

• 2024 margin: R (+14.5) · D 42.1% · R 56.6% · Other 1.2%
• 2008→2024 swing: -3.7pp toward R · 2008: -10.8pp · 2024: -14.5pp
• All cycles: 2024: R+14.5 2020: R+10.0 2016: R+14.3 2012: R+17.5 2008: R+10.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -72.80%
• Current HPI: 245.8086
• Rent YoY: ▲ 4.06%
• Metro: Hilton Head Island-Bluffton, 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

+469.0% since first listed

13 events — show timeline

• 2026-05-18 Price Changed $165,000 RSMLS
• 2026-03-19 Listed $185,000 RSMLS
• 2021-11-23 Sold (Public Records) $135,000 Public Records
• 2021-11-10 Sold (MLS) $135,000 RSMLS
• 2021-11-10 Sold (MLS) $135,000 LRMLS
• 2021-10-09 Listed $130,000 RSMLS
• 2021-10-09 Listed $130,000 LRMLS
• 2017-07-28 Sold (Public Records) $82,000 Public Records
• 2017-07-27 Sold (MLS) $82,000 RSMLS
• 2017-05-02 Listed $84,500 RSMLS
• 2012-04-20 Sold (MLS) $27,000 RSMLS
• 2012-04-17 Sold (Public Records) $27,000 Public Records
• 2011-07-21 Listed $29,000 RSMLS

Property tax history

+13.2%/yr

Latest (2025): $1,770 · +1.7% YoY. Source: county tax records.