357 Canal Place Drive

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357 Canal Place Drive

Columbia, SC 29201
Asking Price
$60K
Asset Type
Single Family Rental Portfolio Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Parcel of land measuring approximately 0.07 acres available for purchase.
  • Property is situated in Columbia, South Carolina, zip code 29201.
  • Asset is currently categorized as a single-family rental portfolio component.
  • Asking price for this development site is set at $60,000.
  • Located in an urban market with proximity to regional infrastructure.

What's Special

This 0.07-acre parcel of land is positioned at 357 Canal Place Drive in Columbia, South Carolina. Located within a growing urban market in the capital city, this site is situated in a region characterized by its proximity to major educational institutions and a stable government-driven economy. As part of a single-family rental portfolio, the property serves as a strategic addition for investors looking to expand their residential holdings in the 29201 zip code. The site offers potential for infill development or expansion within the established neighborhood fabric. Given the demand for housing in this regional hub, the parcel provides a functional base for single-family residential projects. Its placement within Columbia allows for convenient access to local infrastructure and the broader metropolitan area, making it a practical option for builders or investors focused on long-term residential asset appreciation.

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NOI
$80,000
Cap Rate
133.33%
DSCR
22.46
Strong
Cash-on-Cash
424.65%
Monthly Payment
$296.847
Annual Cash Flow
$76,437.833

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