Zip Code 29203 โ€” Columbia, SC

๐ŸŸขSTRONGโ€” excellent cash flow market
B

Good

Solid returns, moderate risk ยท Score: 72/100

Cap Rate

9.5%

Monthly Cash Flow

+$339

Median Home Price

$132,239

DSCR

1.48

Fair Market Rents

Studio
$970/mo
1 Bedroom
$1,040/mo
2 Bedroom
$1,170/mo
3 Bedroom
$1,500/mo
4 Bedroom
$1,800/mo

Investment Metrics

Cap Rate
9.5%
Cash-on-Cash Return
13.4%
Price-to-Rent Ratio
7.3
1% Rule
1.13%
Gross Rent Multiplier
7.3
Vacancy Rate
8.0%

Assumptions Used

20% down payment, 6.52% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax

Customize these numbers in the calculator โ†’