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4600 Fort Jackson Blvd #112
B Composite 74.34
Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • Schools +6.2/10.0
  • Livability +3.9/5.0
  • Condition / age +3.8/5.0
  • Rent growth +3.0/5.0
  • Appreciation +0.0/10.0

$79,900

4600 Fort Jackson Blvd #112 · Columbia, SC 29209
2 bd · 1.0 ba · 1,008 sqft · Condo public records · 84 Days on market
Built 1949 Good condition $79/sqft · 49% below area $23/mo HOA · 2% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Great investment opportunity at 4600 Fort Jackson Blvd! Tenant-occupied condo offering immediate rental income and conveniently located near Fort Jackson, downtown Columbia, USC, shopping, dining, and major roadways. Ideal for investors looking to add to their rental portfolio or expand into the Columbia rental market. HOA maintains exterior and common areas for easier ownership. Seller is also offering Units 105, 106, and 112 as a portfolio package. Units may be purchased individually or together. Please do not disturb tenant. Showings by appointment only. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

Key facts

  • $23 HOA
  • 4 parking spots
  • Built 1949

Tags

TENANT OCCUPIED CONDOIMMEDIATE RENTAL INCOMEHOA MAINTAINS EXTERIORHOA MAINTAINS COMMON AREAS

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath condo listed at $80k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $330 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $80k).
  • Recommended offer: $75k (6.0% below list) — sets the bar for market timing.
  • Cap rate 11.3% vs local median 5.1% in Columbia — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 78/100 on livability (#18 in SC, #2,436 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: employment D, crime F.
  • Richland 01 (urban): math 26% / reading 36% proficiency, ranked #54 of 80 in SC (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Brennen Elementary (math 61% / reading 63%, grade B, #73 of 597 statewide, top 12%, 806 students, 100% FRL); Crayton Middle (math 48% / reading 64%, grade B-, #23 of 229 statewide, top 10%, 905 students, 100% FRL); A. C. Flora High (math 42% / reading 92%, grade B, #73 of 196 statewide, top 41%, 1,352 students, 100% FRL) — zoned schools average 100% FRL vs 64% district-wide (36 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 62% at this address vs 31% district-wide (+31 pts) — the actual schools serving this property are materially stronger than the Richland 01 average implies; a family-tenant draw the district grade alone would hide.
  • Market conditions: Rents rising (+2.1%/yr); 402 active listings in the ZIP; 36 comparable units currently listed for rent nearby; rentals lingering (median 41d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 61% of comp listings sitting > 30 days — soft ceiling on asking rent; 3,472 units permitted in Richland County in 2024 (1,096 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $552 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • Richland County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 2.1% rent growth), your $22k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 84 days — a 6% lower offer ($75k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Watch-outs: built in 1949 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $75,106 (6.0% below list)

Questions for the listing agent

  1. It's been on market 84 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. Built in 1949 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  8. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.53%
Cap rate
11.25%
Cash-on-cash
17.72%
DSCR
1.79
GRM
5.4

CMA / ARV

ARV (median comp)
$185,475
List price
$79,900
Delta
-56.92%
Verdict
UNDERPRICED
Comps
4 within 2.0 mi
Show comp detail 7 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1207 Chevis St 1.85mi 2/2.0 1,116 (+11%) 3mo $243,000 $218 41
844 Forest Park Rd 1.88mi 2/2.5 1,165 (+16%) 13mo $202,000 $173 23
516 Wando St 2.03mi 3/2.0 (+1) 1,170 (+16%) 13mo $325,000 $278 20
21 Magnolia Gln 1.30mi 2/2.5 1,140 (+13%) 29mo $165,000 $145 17
176 Carlyle Cir 2.10mi 2/2.0 1,229 (+22%) 50mo $258,000 $210 16
3600 Chateau Dr 2.11mi 2/2.0 1,200 (+19%) 55mo $118,900 $99 16
4359 Azalea Dr 1.03mi 2/2.5 1,301 (+29%) 41mo $229,000 $176 14

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.08% rent growth · sell at horizon

5-year hold
IRR
8.1%
Equity multiple
1.31×
Total profit
$7,041
Equity at exit
$11,913
10-year hold
IRR
16.5%
Equity multiple
2.30×
Total profit
$28,985
Equity at exit
$6,908

Cash invested: $22,372 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
90 Strongly Landlord-Friendly
State South Carolina
90 Strongly Landlord-Friendly · R+6
County
— inherits STATE
City
— inherits STATE
5-day notice; preempted; landlord-favorable.

Active competition Active MLS

For sale now
1 active
Median asking
$44,900 ($37/sqft)
Median days on market
58 d
This list price
100% of active listings are priced below it
ARV vs active asking
+391.8% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 29209

Rents YoY
2.1%
Active inventory
402
Price-to-rent
5.4×

Monthly cashflow live

Estimated rent
$1,226 high interval (Pro) →
Mortgage (P&I)
$419
Tax from tax record
$163 /mo · $1,955/yr
Insurance
$33
HOA
$23
Vacancy / Maint / Mgmt
$257
Net cashflow
$330

Break-even live

Break-even rent $808
Max offer price $79,900
Occupancy floor 68%

Sensitivity live

Price -10% $376 -5% $353 +0% $330 +5% $308 +10% $285
Rent -10% $234 -5% $282 +0% $330 +5% $379 +10% $427
Rate -1.0pp $371 -0.5pp $351 base $330 +0.5pp $310 +1.0pp $289

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$19,975
Closing costs
$2,397
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 36 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
4600 Fort Jackson Blvd #215 Columbia, SC 2.0 1.0 940 $895 $0.95 41d 1 0.00mi
4600 Fort Jackson Blvd Columbia, SC 2.0 1.0 940 $995 $1.06 60d 1 0.00mi
225 Myron Cir Unit 225 Columbia, SC 2.0 1.0 850 $975 $1.15 15d 1 0.03mi
4625 Oxford Rd Unit 4625 Columbia, SC 2.0 1.0 900 $1,350 $1.50 15d 1 0.16mi
4600 Fort Jackson Blvd Columbia, SC 2.0 1.0 895 $955 $1.07 72d 3 0.17mi
4600 Fort Jackson Blvd Columbia, SC 2.0 1.0 940 $965 $1.03 63d 2 0.17mi
4547 Oxford Rd Columbia, SC 2.0 1.0 750 $1,300 $1.73 15d 1 0.24mi
1012 Woodlawn Ave Columbia, SC 2.0 1.0 750 $1,050 $1.40 41d 1 0.52mi
914 Woodlawn Ave Columbia, SC 3.0 2.0 1300 $1,800 $1.38 72d 1 0.58mi
715 Montague Rd Columbia, SC 2.0 1.0 1000 $1,180 $1.18 72d 1 0.59mi
6530 Davidson Rd Columbia, SC 2.0–3.0 2.0 1208 $1,425 $1.18 41d 4 0.65mi
915 Brandon Ave Columbia, SC 2.0 1.0 1200 $1,500 $1.25 72d 1 0.66mi
712 Brandon Ave Unit 712 Brand Columbia, SC 1.0 1.0 800 $995 $1.24 15d 1 0.79mi
822 Cedar Ter Unit 824 Columbia, SC 1.0 1.0 775 $895 $1.15 63d 1 0.79mi
807 Cedar Ter Columbia, SC 2.0 1.0 937 $1,200 $1.28 63d 1 0.79mi
4357 Azalea Dr Columbia, SC 2.0 2.5 1301 $2,295 $1.76 15d 1 1.01mi
4126 Beecliff Dr Columbia, SC 3.0 2.0 1300 $1,795 $1.38 15d 1 1.05mi
501 Pelham Dr Columbia, SC 1.0–2.0 1.0–2.0 812 $1,588 $1.95 39d 24 1.07mi
501 Pelham Dr Columbia, SC 1.0–2.0 1.0–2.0 812 $1,592 $1.96 15d 22 1.07mi
4319 Wilmot Ave Columbia, SC 3.0 1.0 1000 $1,650 $1.65 72d 1 1.08mi
317 Beltline Blvd Unit 1 Columbia, SC 3.0 1.0 1150 $1,200 $1.04 72d 1 1.12mi
320 S Beltline Blvd Columbia, SC 2.0 1.0 800 $1,100 $1.38 41d 3 1.13mi
107 Gavinshire Rd Columbia, SC 3.0 2.5 1498 $1,849 $1.23 15d 1 1.16mi
4103 Devine St Columbia, SC 1.0 1.0 785 $1,072 $1.37 72d 1 1.16mi
27 Braiden Manor Rd Columbia, SC 3.0 2.5 1490 $1,750 $1.17 15d 1 1.21mi
5 Braiden Manor Rd Unit 5 Columbia, SC 3.0 2.5 1500 $1,875 $1.25 15d 1 1.24mi
524 S Beltline Blvd Columbia, SC 2.0 1.0 1050 $1,300 $1.24 72d 1 1.27mi
34 Magnolia Glen Ln Columbia, SC 2.0 2.5 1140 $1,695 $1.49 15d 1 1.28mi
527 S Beltline Blvd Columbia, SC 2.0 1.0 1244 $1,400 $1.13 41d 1 1.31mi
508 Deerwood St Unit 518 Columbia, SC 2.0 1.0 1080 $995 $0.92 41d 1 1.34mi
3921 Capers Ave Unit B Columbia, SC 2.0 2.5 1300 $1,775 $1.37 15d 1 1.40mi
3800 Wilmot Ave Columbia, SC 2.0 1.0 720 $1,500 $2.08 72d 1 1.41mi
721 Deerwood St Columbia, SC 2.0 1.0 1000 $1,150 $1.15 63d 1 1.44mi
109 Thornwell Ct Columbia, SC 1.0 1.0 760 $950 $1.25 15d 1 1.46mi
403 Wormwood Ln Unit H Columbia, SC 2.0 2.0 1080 $1,345 $1.25 72d 1 1.47mi
3809 Barwick St Columbia, SC 3.0 1.0 1074 $2,175 $2.03 15d 1 1.48mi

Property features AI

Finance

Other
Directions: Take I-77 to Fort Jackson Blvd; see Hampton Hills Condos on your left
HOA & community
Homeowners association present

Exterior

Parking
Four parking spaces
Utilities
Public sewerPublic water
Home design
Two-story property
Construction
Slab foundation
Exterior features
Block exterior finishPaved road accessPublic water

Interior

Bedrooms
Master bedroom on the second floor
Bathrooms
One full bathroom
Heating & cooling
Central heatingCentral cooling
Interior features
Central heatingCentral air conditioningApproximately 1,200 heated square feet

HOA detail $23/mo · $276/yr condo

Assessments
None detected in remarks — confirm with the listing agent.

Listing history 50 events

  1. 2026-08-08
    days on market $79,900 Active 84 DOM
  2. 2026-08-07
    days on market $79,900 Active 83 DOM
  3. 2026-08-06
    days on market $79,900 Active 82 DOM
  4. 2026-08-05
    days on market $79,900 Active 81 DOM
  5. 2026-08-04
    days on market $79,900 Active 80 DOM
  6. 2026-08-03
    days on market $79,900 Active 79 DOM
  7. 2026-07-31
    statusdays on market $79,900 Active 76 DOM
  8. 2026-07-30
    days on market $79,900 Active - Contingent 74 DOM
  9. 2026-07-28
    days on market $79,900 Active - Contingent 73 DOM
  10. 2026-07-26
    days on market $79,900 Active - Contingent 71 DOM
  11. 2026-07-25
    days on market $79,900 Active - Contingent 70 DOM
  12. 2026-07-24
    days on market $79,900 Active - Contingent 69 DOM
  13. 2026-07-23
    days on market $79,900 Active - Contingent 68 DOM
  14. 2026-07-22
    days on market $79,900 Active - Contingent 67 DOM
  15. 2026-07-21
    statusdays on market $79,900 Active - Contingent 66 DOM
  16. 2026-07-18
    days on market $79,900 Active 63 DOM
  17. 2026-07-16
    days on market $79,900 Active 61 DOM
  18. 2026-07-16
    days on market $79,900 Active 60 DOM
  19. 2026-07-14
    days on market $79,900 Active 59 DOM
  20. 2026-07-13
    days on market $79,900 Active 58 DOM
  21. 2026-07-12
    pricedays on market $79,900 Active 57 DOM
  22. 2026-07-11
    days on market $84,900 Active 56 DOM
  23. 2026-07-10
    days on market $84,900 Active 55 DOM
  24. 2026-07-09
    days on market $84,900 Active 54 DOM
  25. 2026-07-07
    days on market $84,900 Active 52 DOM
  26. 2026-07-06
    days on market $84,900 Active 51 DOM
  27. 2026-07-05
    days on market $84,900 Active 50 DOM
  28. 2026-07-03
    days on market $84,900 Active 48 DOM
  29. 2026-07-02
    days on market $84,900 Active 47 DOM
  30. 2026-07-01
    days on market $84,900 Active 46 DOM
  31. 2026-06-30
    days on market $84,900 Active 45 DOM
  32. 2026-06-29
    days on market $84,900 Active 44 DOM
  33. 2026-06-28
    days on market $84,900 Active 43 DOM
  34. 2026-06-28
    days on market $84,900 Active 42 DOM
  35. 2026-06-27
    pricedays on market $84,900 Active 41 DOM
  36. 2026-06-25
    days on market $89,000 Active 39 DOM
  37. 2026-06-23
    days on market $89,000 Active 37 DOM
  38. 2026-06-21
    days on market $89,000 Active 36 DOM
  39. 2026-06-18
    days on market $89,000 Active 33 DOM
  40. 2026-06-17
    days on market $89,000 Active 32 DOM
  41. 2026-06-16
    days on market $89,000 Active 31 DOM
  42. 2026-06-15
    days on market $89,000 Active 30 DOM
  43. 2026-06-14
    days on market $89,000 Active 28 DOM
  44. 2026-06-10
    days on market $89,000 Active 25 DOM
  45. 2026-06-09
    days on market $89,000 Active 24 DOM
  46. 2026-06-08
    days on market $89,000 Active 23 DOM
  47. 2026-06-07
    days on market $89,000 Active 22 DOM
  48. 2026-06-03
    days on market $89,000 Active 18 DOM
  49. 2026-06-03
    days on market $89,000 Active 17 DOM
  50. 2026-06-01
    days on market $89,000 Active 16 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast SC · Resets to sale price

Current annual tax
$1,955 · $163/mo
Projected year-2 tax
$1,955 · $163/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$14,713
− Mortgage interest
−$4,476
− Property taxes
−$1,955
− Insurance
−$400
− Repairs & maintenance
−$1,177
− Management
−$1,177
− HOA
−$276
− Depreciation
−$2,324
Taxable income
$2,928
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$703
After-tax cash flow
$3,262/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 9 photos

Good 75/100 Cosmetic rehab Est. rehab $5,040–$15,120 screening

This well-maintained townhouse is ready for immediate rental income and offers a great investment opportunity.

Value-add opportunities

  • Both Paint exterior siding — Enhances curb appeal and value
  • Both Replace blinds with energy-efficient windows — Improves energy efficiency and aesthetics
  • Both Install smart home devices — Enhances convenience and marketability

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

C Composite school gradezoned avg 62/100

Zoned Schools

Elementary Brennen Elementary B SC #73/597 Nat'l #6,217/41,679 Middle Crayton Middle B- SC #23/229 Nat'l #2,362/14,009 High A. C. Flora High B SC #73/196 Nat'l #2,514/17,239

Schools (NCES district)

District
Richland 01
NCES district ID
4503360
Math proficiency
26% ▼ -7.00%
Reading proficiency
36% ▼ -5.00%
Median HH income
$38,931
Composite
25.94/100
National rank
#7335
State rank
#54 of 80 in SC
B Composite livability gradescore 78/100

Livability — Columbia

Score
78/100
State rank
#18
US rank
#2436

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment D Housing A+ Health & safety A+ User ratings D

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Columbia, SC
County
Richland County · 459,667 people
City population
335,994
Metro
Columbia, SC
Population (ZIP)
38,041
Household income
$58,772
Rent vs Own
41.3% rent · 58.7% own
Severe rent burden
11% of renters

Population outlook (Richland County) Hauer SSP2

Today (2025)
459,667 people
By 2030
487,524 · +6.1%
By 2040
542,035 · +17.9%
By 2050
595,371 · +29.5%
By 2075
732,998 · +59.5%
By 2100
820,415 · +78.5%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.62)
Race & ethnicity
Black 48% White 39% Two or more races 6% Hispanic / Latino 6% Asian 2%
Hispanic origin (detail)
Mexican 3% Puerto Rican 2%
Common ancestry
Slovak 2% Serbian 2% Italian 1%
Foreign-born
6% · Canada, Jamaica
Languages at home
93% English-only · Spanish 3% Arabic 1% Other Indo-European 1%

Political lean MEDSL · Richland

2024 margin
Solid D (+34.6) · D 66.4% · R 31.8% · Other 1.8%
2008→2024 swing
+5.7pp toward D · 2008: 28.9pp · 2024: 34.6pp
All cycles
2024: D+34.6 2020: D+38.3 2016: D+32.9 2012: D+33.3 2008: D+28.9

Not yet ingested

Civics

Price history

+143.3% since first listed
6 events — show timeline
  • 2026-06-25 Price Changed $84,900 Consolidated MLS
  • 2026-05-16 Listed $89,000 Consolidated MLS
  • 2023-09-25 Sold (Public Records) $70,000 Public Records
  • 2002-11-25 Sold (Public Records) $78,000 Public Records
  • 1986-09-01 Sold (Public Records) $35,075 Public Records
  • 1983-12-01 Sold (Public Records) $34,900 Public Records

Property tax history

+5.8%/yr

Latest (2025): $1,955 · +2.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…