106 Summit Ridge Cir

Columbia, SC 29229
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2 bd, 2 ba | 1,516 sqft | Built in 2001

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List Price
$235,000

Initial Investment

$64,038

Purchase Price

$235,000

Down Payment

25%

Rent

$1,660

Total Return

$63,723

Annualized Return

13.9%

Cap Rate

4.2%

Gross Yield

8.5%

Cash Flow

-$3,570

Appreciation

6.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

12,567

HOA

None

Flood Risk

Not Required

Welcome to your future serene retreat. This stunning property is finished with a neutral color paint scheme, creating a calming and sophisticated ambiance throughout. The impressive primary bathroom offers a separate tub and shower, allowing for your choice of luxurious bathing options. Unwind on cool evenings by the warm, charming fireplace, a wonderful spot for peaceful reflection. Your culinary journey will be enhanced with new appliances, perfectly suited to inspire gourmet meals. Step outside to discover the fenced-in backyard, a perfect space for leisure and enjoyment. Not only is it safely enclosed, but it also harbors a covered patio. This cozy corner provides a coveted place for relaxation or perhaps some alfresco dining. This impressive residence strikes the perfect balance between comfort and modern elegance. Don't miss out on the opportunity to make this haven your own.

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

Annual Financial Highlights

Expected Rent

$18,924

Expenses

-$3,368

Property Taxes

-$6,350

Loan Payments

-$12,776

Net Cash Flow

-$3,570

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:Thomas Shoupe
Agent License 85799
Opendoor Brokerage LLC
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceConsolidated MLS (CMLS)
MLS #583067
Last Updated: 04/15/2024 17:04
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