77 Towhee St · Georgetown, SC 29440

$285,000

3 bd · 1.5 ba · 2,015 sqft · Other public records · 101 Days on market

Built 1966 1.00 ac lot

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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 +16.3/30.0
• ARV discount +7.5/15.0
• DSCR +5.0/10.0
• 1% rule +3.5/10.0
• Livability +3.2/5.0
• Schools +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Check out this prime commercial and investment opportunity located on the outskirts of Georgetown, SC! Unlock the potential of this unique 32 acre property, offering split zoning designation for both commercial and residential use. Featuring a 6,000 sq ft industrial building, two rental homes, and two mobile home lots, this property is ideal for business operations, investment income, or future development. With its prime location, existing rental income, and commercial infastructure, this property offers an exceptional opportunity for investors, developers, or business owners looking to maximize their portfolio. Don't miss out on this rare property! All lot and building measurements to be verified by buyer.

Key facts

• Rural living
• Detached shop
• 1 acre lot

Tags

• LARGE FENCED BACKYARD
• DETACHED SHOP
• RURAL LIVING
• SHORT DRIVE TO LOCAL AMENITIES

Property features AI

Finance

• Other: For Sale
• HOA & community: Monthly association fee

Exterior

• Parking: Carport; 5 parking spaces
• Home design: Single-story; Resale property
• Exterior features: 1-acre lot; Lot size source: Owner; Zoned SPLIT

Interior

• Bathrooms: 2 full bathrooms
• Interior features: Unfurnished

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath other listed at $285k.

Deal economics

• At list price, monthly cash flow is $154 ($2k/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 $241k (15.3% below list).
• Recommended offer: $241k (15.3% below list) — sets the bar for 1% rule.
• Cap rate 6.9% vs local median 4.7% in Georgetown — 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 65/100 on livability (#141 in SC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities D, crime F, commute F.
• Georgetown 01 (town): math 26% / reading 38% proficiency, ranked #51 of 80 in SC (top 64%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Mcdonald Elementary (math 16% / reading 17%, grade F, #535 of 597 statewide, top 90%, 429 students, 100% FRL); Georgetown Middle (math 15% / reading 23%, grade F, #185 of 229 statewide, top 81%, 712 students, 100% FRL); Georgetown High (math 27% / reading 75%, grade D+, #148 of 196 statewide, top 76%, 940 students, 77% FRL) — zoned schools average 92% FRL vs 59% district-wide (33 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 412 active listings in the ZIP; 323 units permitted in Georgetown County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 101 days — a 9% lower offer ($259k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $34k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $241,298 (15.3% below list)

Questions for the listing agent

1. It's been on market 101 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
2. Built in 1966 — 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. 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?
8. 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.
9. 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.
10. 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: 0.85% ✗
• Cap rate: 6.94%
• Cash-on-cash: 2.32%
• DSCR: 1.10
• GRM: 9.8

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: -12.7%
• Equity multiple: 0.54×
• Total profit: $-36,467
• Equity at exit: $42,494

10-year hold

• IRR: -3.7%
• Equity multiple: 0.76×
• Total profit: $-19,515
• Equity at exit: $24,642

Cash invested: $79,800 (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 29440

• Home prices YoY: -34.9%
• Active inventory: 412
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $2,413 medium
• Mortgage (P&I): −$1,495
• Tax from tax record: −$139 /mo · $1,666/yr
• Insurance: −$119
• HOA: −$0
• Vacancy / Maint / Mgmt: −$507
• Net cashflow: $154

Break-even live

Break-even rent $2,218

Max offer price $285,000

Occupancy floor 89%

Sensitivity live

Price	-10% $315	-5% $235	+0% $154	+5% $73	+10% $-7
Rent	-10% $-37	-5% $59	+0% $154	+5% $249	+10% $345
Rate	-1.0pp $298	-0.5pp $227	base $154	+0.5pp $80	+1.0pp $5

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: $71,250
• Closing costs: $8,550
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-06-22
   days on market $285,000 Active 101 DOM
2. 2026-06-18
   days on market $285,000 Active 98 DOM
3. 2026-06-17
   days on market $285,000 Active 97 DOM
4. 2026-06-16
   days on market $285,000 Active 96 DOM
5. 2026-06-15
   days on market $285,000 Active 95 DOM
6. 2026-06-14
   days on market $285,000 Active 93 DOM
7. 2026-06-10
   days on market $285,000 Active 90 DOM
8. 2026-06-09
   days on market $285,000 Active 89 DOM
9. 2026-06-08
   days on market $285,000 Active 88 DOM
10. 2026-06-07
    days on market $285,000 Active 87 DOM
11. 2026-06-03
    days on market $285,000 Active 83 DOM
12. 2026-06-02
    days on market $285,000 Active 82 DOM
13. 2026-06-01
    days on market $285,000 Active 81 DOM
14. 2026-05-31
    days on market $285,000 Active 80 DOM
15. 2026-05-30
    days on market $285,000 Active 79 DOM
16. 2026-04-07
    price $285,000
17. 2026-03-12
    listed $319,000 Active
18. 2026-03-10
    soldstatus $800,000 Closed 717-char remark

    Show marketing remark (717 chars)

    Check out this prime commercial and investment opportunity located on the outskirts of Georgetown, SC! Unlock the potential of this unique 32 acre property, offering split zoning designation for both commercial and residential use. Featuring a 6,000 sq ft industrial building, two rental homes, and two mobile home lots, this property is ideal for business operations, investment income, or future development. With its prime location, existing rental income, and commercial infastructure, this property offers an exceptional opportunity for investors, developers, or business owners looking to maximize their portfolio. Don't miss out on this rare property! All lot and building measurements to be verified by buyer.

19. 2026-03-10
    soldstatus $800,000

    Show marketing remark (717 chars)

    Check out this prime commercial and investment opportunity located on the outskirts of Georgetown, SC! Unlock the potential of this unique 32 acre property, offering split zoning designation for both commercial and residential use. Featuring a 6,000 sq ft industrial building, two rental homes, and two mobile home lots, this property is ideal for business operations, investment income, or future development. With its prime location, existing rental income, and commercial infastructure, this property offers an exceptional opportunity for investors, developers, or business owners looking to maximize their portfolio. Don't miss out on this rare property! All lot and building measurements to be verified by buyer.

20. 2025-03-24
    historical Active Under Contract 717-char remark

    Show marketing remark (717 chars)

    Check out this prime commercial and investment opportunity located on the outskirts of Georgetown, SC! Unlock the potential of this unique 32 acre property, offering split zoning designation for both commercial and residential use. Featuring a 6,000 sq ft industrial building, two rental homes, and two mobile home lots, this property is ideal for business operations, investment income, or future development. With its prime location, existing rental income, and commercial infastructure, this property offers an exceptional opportunity for investors, developers, or business owners looking to maximize their portfolio. Don't miss out on this rare property! All lot and building measurements to be verified by buyer.

21. 2025-03-17
    listed $899,000 Active 717-char remark

    Show marketing remark (717 chars)

    Check out this prime commercial and investment opportunity located on the outskirts of Georgetown, SC! Unlock the potential of this unique 32 acre property, offering split zoning designation for both commercial and residential use. Featuring a 6,000 sq ft industrial building, two rental homes, and two mobile home lots, this property is ideal for business operations, investment income, or future development. With its prime location, existing rental income, and commercial infastructure, this property offers an exceptional opportunity for investors, developers, or business owners looking to maximize their portfolio. Don't miss out on this rare property! All lot and building measurements to be verified by buyer.

ⓘ 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: $1,666 · $139/mo
• Projected year-2 tax: $1,666 · $139/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 4/10 Moderate FEMA zone X (unshaded) · 21% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 17 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,956
• − Mortgage interest: −$15,964
• − Property taxes: −$1,666
• − Insurance: −$1,425
• − Repairs & maintenance: −$2,316
• − Management: −$2,316
• − Depreciation: −$8,291
• Taxable loss: −$3,024
• Est. tax savings @ 24.0%: +$726
• After-tax cash flow: $2,574/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: Georgetown 01
• NCES district ID: 4502280
• Math proficiency: 26% ▼ -11.00%
• Reading proficiency: 38% ▼ -5.00%
• Median HH income: $43,045
• Composite: 27.15/100
• National rank: #7030
• State rank: #51 of 80 in SC

Livability — Georgetown

• Score: 65/100
• State rank: #141
• US rank: #13446

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 26,419

Population outlook (Georgetown County) Hauer SSP2

• Today (2025): 63,275 people
• By 2030: 63,630 · +0.6%
• By 2040: 63,130 · -0.2%
• By 2050: 61,904 · -2.2%
• By 2075: 59,305 · -6.3%
• By 2100: 53,852 · -14.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (52%)
• Race & ethnicity: White 52% Black 45% Hispanic / Latino 2%
• Common ancestry: Italian 3% Lithuanian 2% Slovak 1%
• Foreign-born: 3% · Canada
• Languages at home: 97% English-only · Spanish 2%

Political lean MEDSL · Georgetown

• 2024 margin: R (+19.5) · D 39.6% · R 59.1% · Other 1.2%
• 2008→2024 swing: -14.2pp toward R · 2008: -5.2pp · 2024: -19.5pp
• All cycles: 2024: R+19.5 2020: R+12.7 2016: R+13.0 2012: R+7.6 2008: R+5.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -111.84%
• Current HPI: 208.6792
• Rent YoY: —
• Metro: —
• 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

-68.3% since first listed

6 events — show timeline

• 2026-04-07 Price Changed $285,000 CCAR
• 2026-03-12 Listed $319,000 CCAR
• 2026-03-10 Sold (Public Records) $800,000 Public Records
• 2026-03-10 Sold (MLS) $800,000 CCAR
• 2025-03-24 Contingent — CCAR
• 2025-03-17 Listed $899,000 CCAR

Property tax history

+11.0%/yr

Latest (2025): $1,666 · -4.5% YoY. Source: county tax records.