3017 Appleby Ln

Columbia, SC 29223
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3 bd, 3 ba | 2,400 sqft | Built in 1964

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List Price
$250,000

Initial Investment

$68,125

Purchase Price

$250,000

Down Payment

25%

Rent

$1,860

Total Return

$50,862

Annualized Return

11.0%

Cap Rate

4.4%

Gross Yield

8.9%

Cash Flow

-$3,498

Appreciation

5.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Are you looking for a spacious, beautiful, single-family home to flip or renovate? Here is your chance! Located in Briarwood, a well established neighborhood and in the heart of Northeast Columbia, this home is ready to be transformed with your personal touch! Located in the award-winning Richland 2 school district, this home is zoned for some of the best schools in the area and walking distance from the elementary & middle schools. It's also conveniently located near amenities, including shopping and dining options, and has quick access to interstates I-77 & I-20 for commuting to work or exploring the area. Did I mention there’s NO HOA! This large 2,400 square foot home is complete with large entertaining spaces, a beautiful fireplace, and a huge backyard! The possibilities are endless! Property is convenient to Fort Jackson.

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

Annual Financial Highlights

Expected Rent

$21,204

Expenses

-$4,811

Property Taxes

-$6,300

Loan Payments

-$13,591

Net Cash Flow

-$3,498

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:Richard Johnson
Brand Name Real Estate
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceConsolidated MLS (CMLS)
MLS #581926
Last Updated: 03/28/2024 17:03
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