447 Fulmer Rd

Pelion, SC 29123
image0

3 bd, 2 ba | 1,689 sqft | Built in 1993

slider image
slider image
slider image
List Price
$319,000

Initial Investment

$86,928

Purchase Price

$319,000

Down Payment

25%

Rent

$2,060

Total Return

$126,691

Annualized Return

19.6%

Cap Rate

5.4%

Gross Yield

7.7%

Cash Flow

-$939

Appreciation

7.2%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

217,800

HOA

None

Flood Risk

Not Required

Welcome to your hideaway in the woods located only 6 minutes from downtown Pelion, 30 minutes from downtown Lexington, and 40 min from the heart of Columbia! This property is nestled on a 5 acre parcel with a 3 bed, 2 bath main home and something that is very unique and rare in South Carolina- a yurt. The living room of the main house has a beautiful rustic wood burning stove in the living room with two-story high ceilings. The kitchen has ample cabinet space,  the rest of the main floor boasts two bedrooms and a bathroom. On the second floor,  there is a loft that overlooks the living room as well as a second deck with an amazing view. The master bedroom features a private master bath and a deck that has a pristine view of the serene woods. From the main house, there is a path through the woods, you will come the Yurt (driveway accessible as well). The Yurt which makes for an awesome guest house or short term rental features a kitchenette, laundry, bathroom, elevated deck AND playground. This is the type of property that you won't find anywhere else, and especially not at this price point!

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

Annual Financial Highlights

Expected Rent

$23,484

Expenses

-$4,180

Property Taxes

-$2,900

Loan Payments

-$17,343

Net Cash Flow

-$939

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.

Similar Listings



Listing Courtesy of:Carl Vollmer
Agent License 101960
Keller Williams Palmetto
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceConsolidated MLS (CMLS)
MLS #597467
Last Updated: 11/22/2024 21:11
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.