422 Finsbury Rd

Columbia, SC 29212
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3 bd, 2 ba | 1,431 sqft | Built in 1982

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List Price
$169,900

Initial Investment

$52,323

Purchase Price

$181,000

Down Payment

25%

Rent

$1,400

Total Return

$66,119

Annualized Return

17.6%

Cap Rate

5.4%

Gross Yield

9.3%

Cash Flow

-$720

Appreciation

7.1%
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Features

Occupancy

Vacant

Lot Size

19,602

HOA

None

Flood Risk

Not Required

Welcome Home to your mountain-like retreat, that is conveniently located close to everything! Three town parks, shopping, dining, great schools, and minutes from Lake Murray this home has it all! The open concept invites guests inside a light-filled living room and continues into the large eat-in kitchen. Want a big laundry room? She has one! The laundry/mud room leads you to a huge deck overlooking the wooded mountain-like backyard and access to the garage with ample storage including a loft above. The owner's suite features his and her closets as well as a private bathroom. Finishing off the home are two more bedrooms and another full bath. This home has tons of storage including an attic that spans the length of the house. Zoned for School District Five where every choice is a great choice! No HOA!

See more in Analysis
Matt Crawford
The Montgomery Company LLC
SC Agent License #106717

Annual Financial Highlights

Expected Rent

$15,960

Expenses

-$3,690

Property Taxes

-$3,150

Loan Payments

-$9,840

Net Cash Flow

-$720

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:Brandi Clarkson
Fathom Realty SC LLC
Certified Agent Brokerage:Matt Crawford
The Montgomery Company LLC
SC Brokerage License 21044
SourceConsolidated MLS (CMLS)
MLS #515030
Last Updated: 04/20/2021 13:04
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