304 Arcola Dr

Columbia, SC 29223
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3 bd, 2 ba | 1,392 sqft | Built in 1974

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List Price
$199,900

Initial Investment

$54,473

Purchase Price

$199,900

Down Payment

25%

Rent

$1,660

Total Return

$52,627

Annualized Return

14.4%

Cap Rate

5.5%

Gross Yield

10.0%

Cash Flow

-$545

Appreciation

5.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

13,319

HOA

None

Flood Risk

Not Required

This charming brick ranch-style home combines comfort and practicality in a welcoming design. Featuring 3 bedrooms and 2 baths, it showcases beautiful hardwood floors throughout, creating a cozy and timeless appeal. The eat-in kitchen is perfectly suited for casual dining or lively gatherings, while every bedroom is equipped with double closets, ensuring plenty of storage space. Recent upgrades, such as a 2022 HVAC system, add to the home's convenience and efficiency. Outside, the paved driveway leads to a fenced backyard, complete with a spacious patio which is perfect for outdoor relaxation and entertaining. With no HOA restrictions, you can truly make this property your own. Come take a look today!

See more in Analysis
Chris deTreville
Auben Realty, LLC
GA Agent License #64566

Annual Financial Highlights

Expected Rent

$18,924

Expenses

-$3,551

Property Taxes

-$5,050

Loan Payments

-$10,868

Net Cash Flow

-$545

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Steve Kozlowski
Century 21 Vanguard
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceConsolidated MLS (CMLS)
MLS #597319
Last Updated: 11/20/2024 19:11
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.