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116 Bonbon Ln
C+ Composite 60.42
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 +25.9/30.0
  • DSCR +8.7/10.0
  • ARV discount +7.5/15.0
  • 1% rule +6.2/10.0
  • Schools +3.6/10.0
  • Livability +3.5/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$200,000

116 Bonbon Ln · Blythewood, SC 29016
3 bd · 1.0 ba · 1,107 sqft · SingleFamily public records · 10 Days on market
Built 1972

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

This is an adorable, well-maintained, all brick 3bed/1bath, 1064sqft home with a garage, fully fenced in backyard located on a corner lot in Blythewood, SC! It offers a welcoming covered front porch for rocking chairs, vinyl windows, cute curb appeal and mature landscaping. Inside, you will find beautiful hardwood floors that were refinished, and the walls were widened to allow an open concept spacious feel between the living room and dining room/kitchen. The kitchen boasts granite countertops, white solid wood cabinets, and updated appliances including a dishwasher and glass top oven. Down the hall you will find a stand up tiled shower shared hall bathroom convenient to all 3 bedrooms. Th

Key facts

  • Covered front porch
  • Open concept
  • Granite countertops

Tags

COVERED FRONT PORCHFULLY FENCED BACKYARDCORNER LOTHARDWOOD FLOORSOPEN CONCEPTGRANITE COUNTERTOPS

Property features AI

Exterior

  • Parking: Attached garage (1-car)
  • Utilities: Public water; Public sewer
  • Home design: One-story home; Faces west
  • Construction: Brick above foundation on all sides and vinyl exterior; Crawlspace foundation
  • Exterior features: Covered front porch; Deck; Chain link fence in rear

Interior

  • Kitchen: Granite countertops; Painted cabinets; Engineered hardwood floors; Free-standing range; Dishwasher
  • Bedrooms: Master bedroom on main level with ceiling fan, private closet, and carpeted floors; Second bedroom with ceiling fan, private closet, and carpeted floors; Third bedroom with private closet and carpeted floors
  • Flooring: Hardwood floors in living room; Engineered hardwood in kitchen; Carpet in bedrooms
  • Bathrooms: One full bathroom
  • Heating & cooling: Central heat; Central air
  • Interior features: Garage opener; Attic with pull-down access
  • Laundry & utility: Laundry located in the garage (unheated space); Gas water heater

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
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What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $200k.

Deal economics

  • At list price, monthly cash flow is $492 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $200k).

Location & tenants

  • Location reads 70/100 on livability (#58 in SC) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, health & safety F.
  • Richland 02 (suburban): math 35% / reading 47% proficiency, ranked #29 of 80 in SC (top 36%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Langford Elementary (math 39% / reading 43%, grade F, #276 of 597 statewide, top 48%, 609 students, 64% FRL); Westwood High (math 47% / reading 87%, grade B, #73 of 196 statewide, top 41%, 1,684 students, 66% FRL) — zoned schools average 65% FRL vs 38% district-wide (26 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 54% at this address vs 41% district-wide (+13 pts) — the actual schools serving this property are materially stronger than the Richland 02 average implies; a family-tenant draw the district grade alone would hide.
  • Market conditions: 650 active listings in the ZIP; solid renter incomes; 3,472 units permitted in Richland County in 2024 (1,096 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 $6k of value loss. Plan a longer hold.
  • Richland County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
  • 3 sale attempts since 4y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $155k; 29% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $200,000

Questions for the listing agent

  1. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  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
1.12%
Cap rate
9.25%
Cash-on-cash
10.55%
DSCR
1.47
GRM
7.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold
IRR
-0.5%
Equity multiple
0.98×
Total profit
$-1,078
Equity at exit
$29,821
10-year hold
IRR
9.1%
Equity multiple
1.70×
Total profit
$39,315
Equity at exit
$17,292

Cash invested: $56,000 (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 29016

Home prices YoY
-26.3%
Active inventory
650
Price-to-rent
7.4×

Monthly cashflow live

Estimated rent
$2,238 medium interval (Pro) →
Mortgage (P&I)
$1,049
Tax from tax record
$143 /mo · $1,718/yr
Insurance
$83
HOA
$0
Vacancy / Maint / Mgmt
$470
Net cashflow
$492

Break-even live

Break-even rent $1,614
Max offer price $200,000
Occupancy floor 73%

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
$50,000
Closing costs
$6,000
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Listing history 9 events

  1. 2026-06-15
    status $200,000 Pending 10 DOM
  2. 2026-06-15
    days on market $200,000 Active 10 DOM
  3. 2026-06-14
    days on market $200,000 Active 8 DOM
  4. 2026-06-13
    days on market $200,000 Active 7 DOM
  5. 2026-06-10
    days on market $200,000 Active 5 DOM
  6. 2026-06-09
    days on market $200,000 Active 4 DOM
  7. 2026-06-08
    days on market $200,000 Active 3 DOM
  8. 2026-06-07
    remarks 699-char remark
  9. 2026-06-07
    listed $200,000 Active 2 DOM

ⓘ 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
$1,718 · $143/mo
Projected year-2 tax
$1,718 · $143/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 · 0% chance over 30 yrs
  • 🔥 Wildfire 2/10 Low
  • 🌡 Heat 7/10 Severe

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$26,852
− Mortgage interest
−$11,203
− Property taxes
−$1,718
− Insurance
−$1,000
− Repairs & maintenance
−$2,148
− Management
−$2,148
− Depreciation
−$5,818
Taxable income
$2,816
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$676
After-tax cash flow
$5,233/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
Richland 02
NCES district ID
4503390
Math proficiency
35% ▼ -15.00%
Reading proficiency
47% ▼ -5.00%
Median HH income
$59,684
Composite
36.2/100
National rank
#4730
State rank
#29 of 80 in SC

Livability — Blythewood

Score
70/100
State rank
#58
US rank
#7406

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Richland County · 389,530 people
City population
30,454
Metro
Columbia, SC
Population (ZIP)
30,454
Household income
$95,082
Rent vs Own
16.9% rent · 83.1% own
Severe rent burden
559.0

Population outlook (Richland County) Hauer SSP2

Today (2025)
459,667 people
By 2030
487,524 · +6.1%
By 2040
542,035 · +17.9%
By 2050
595,371 · +29.5%
By 2075
732,998 · +59.5%
By 2100
820,415 · +78.5%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.64)
Race & ethnicity
Black 43% White 42% Two or more races 7% Hispanic / Latino 7% Asian 3%
Hispanic origin (detail)
Mexican 1% Puerto Rican 2%
Common ancestry
Lithuanian 2% Romanian 2% Slovak 2%
Foreign-born
5% · Canada, China
Languages at home
90% English-only · Spanish 5% Other Indo-European 1% German/W. Germanic 1%

Political lean MEDSL · Richland

2024 margin
Solid D (+34.6) · D 66.4% · R 31.8% · Other 1.8%
2008→2024 swing
+5.7pp toward D · 2008: 28.9pp · 2024: 34.6pp
All cycles
2024: D+34.6 2020: D+38.3 2016: D+32.9 2012: D+33.3 2008: D+28.9

Not yet ingested

Civics

Market trends

HPI YoY
▼ -65.48%
Current HPI
183.5933
Rent YoY
Metro
Columbia, SC
State GDP YoY
▲ 4.51%
F500 in state
2

Industry mix (Fortune 500 HQ in SC)

Industry F500 HQs Revenue

Price history

+40.8% since first listed
7 events — show timeline
  • 2026-06-05 Listed $200,000 Consolidated MLS
  • 2022-09-20 Sold (Public Records) $155,000 Public Records
  • 2022-08-22 Delisted Consolidated MLS
  • 2022-08-03 Relisted Consolidated MLS
  • 2022-06-29 Delisted Consolidated MLS
  • 2022-06-17 Listed $159,900 Consolidated MLS
  • 2022-06-08 Sold (Public Records) $142,000 Public Records

Property tax history

+5.4%/yr

Latest (2025): $1,718 · +3.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…