Greer County is a low-entry-price but unresolved-income case: Zillow’s county median home value is $78,560, down 8.37% year over year, while Realtor.com’s median MLS listing price increased 18.66%. The first is a value estimate and the second is active-market asking-price evidence, so neither establishes a closed-sale price; their differing direction calls for comp verification. This is a diligence case for operators able to source rents and inspect assets, not a clean cash-flow screen.
No county market asking rent is published, so gross yield cannot be computed. HUD’s two-bedroom FMR of $937 per month is a payment standard, not an estimate of asking rent, and must not be substituted into yield. The effective property-tax rate is 0.50%, with median annual tax of $545; these indicate a stated carrying-cost input but do not establish insurance, maintenance, or operating costs. Rent rolls and actual lease comparables are needed before price can be related to income.
Visible MLS supply was 28 active listings and median marketing time was 83 days. Those measures describe listed inventory and marketing time, not buyer demand or completed transactions. QCEW reports 888 annual average covered jobs at county workplaces, down 1.22%; that is neither resident employment nor unemployment, and Trade, transportation, and utilities is only the largest disclosed private supersector. Tax-return migration was net -1, while inbound movers’ average AGI was $9,419 less than outbound movers; investors represented 24.39% of 41 purchase mortgages. Together, limited observable supply, workplace-job decline, lower-income inflows and investor participation warrant borrower, tenant and buyer-pool checks rather than a demand conclusion.
Modeled climate loss equals 0.17% of building value annually and is consistent with the dominant inland-flood hazard, but it is modeled risk rather than a parcel flood determination. FHFA annual HPI is not published, so no repeat-transaction appreciation measure is available to test Zillow’s direction. Closed-sale comps, current market rents, lease terms, insurance quotes, flood-zone and elevation data, property condition, and parcel tax verification are missing; without them, neither sale-price support, gross yield, nor net operating resilience can be underwritten.