1703 Alba Dr · Capitol View, SC 29209

$193,500

4 bd · 2.0 ba · 1,617 sqft · SingleFamily public records · 33 Days on market

Built 1966 0.35 ac lot Est $184k · at est.

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Why this score? — see what drove the C- 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 +23.2/30.0
• DSCR +7.5/10.0
• ARV discount +5.3/15.0
• 1% rule +5.1/10.0
• Rent growth +3.0/5.0
• Schools +2.6/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Hazelwood Subdivision in Columbia, SC, All Brick, 4 bedrooms, 2 baths, one car garage, dining room, family room and eat in kitchen. Conveniently located to downtown Columbia, I-77, I-26. Large lot could add a shop, home with lots of potential. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

Key facts

• Eat in kitchen
• All brick
• Large lot

Tags

• HAZELWOOD SUBDIVISION
• ALL BRICK
• DINING ROOM
• FAMILY ROOM
• EAT IN KITCHEN
• LARGE LOT

Property features AI

Exterior

• Parking: Attached garage with 1 parking space
• Utilities: Public sewer; Public water
• Home design: Single-family property
• Construction: Crawlspace foundation
• Exterior features: Brick exterior above foundation; Chain link fence; Paved road access; Public water

Interior

• Kitchen: Formica countertops; Free-standing range; Dishwasher
• Bedrooms: Master bedroom on main level; All other bedrooms on main level
• Bathrooms: Two full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Dishwasher; Free-standing range; Formica countertops
• Laundry & utility: Washer and dryer located on the main level

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $194k.

Deal economics

• At list price, monthly cash flow is $350 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $194k).
• Recommended offer: $188k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• 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: Annie Burnside Elementary (math 12% / reading 22%, grade F, #515 of 597 statewide, top 89%, 328 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.
• Market conditions: Rents rising (+2.1%/yr); 295 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); 3,472 units permitted in Richland County in 2024 (1,096 in 5+ unit buildings).
• This rent runs 40% of the median local income ($59k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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.

Negotiation context

• It's been on market 33 days — a 3% lower offer ($188k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 76% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $187,695 (3.0% below list)

Questions for the listing agent

1. It's been on market 33 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1966 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.01% ✓
• Cap rate: 8.47%
• Cash-on-cash: 7.76%
• DSCR: 1.35
• GRM: 8.3

CMA / ARV

• ARV (on-the-fly): $184,338
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1527 Burnside Ave	0.35mi	3/2.0 (-1)	1,601 (-1%)	5mo	$183,000	$114	73
7901 Tradd St	0.65mi	3/2.5 (-1)	1,612 (-0%)	1mo	$160,000	$99	61

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: -5.4%
• Equity multiple: 0.80×
• Total profit: $-10,886
• Equity at exit: $28,851

10-year hold

• IRR: 3.1%
• Equity multiple: 1.22×
• Total profit: $11,805
• Equity at exit: $16,730

Cash invested: $54,180 (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.

Methodology + full state rankings →

ZIP-level market 29209

• Rents YoY: 2.1%
• Active inventory: 295
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $1,951 high
• Mortgage (P&I): −$1,015
• Tax from tax record: −$96 /mo · $1,146/yr
• Insurance: −$81
• HOA: −$0
• Vacancy / Maint / Mgmt: −$410
• Net cashflow: $350

Break-even live

Break-even rent $1,507

Max offer price $193,500

Occupancy floor 77%

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: $48,375
• Closing costs: $5,805
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1727 Sandra Dr Columbia, SC	4.0	2.5	1750	$1,900	$1.09	11d	1	0.06mi
7116 Tama Rd Columbia, SC	3.0	1.0–1.5	600	$1,225	$2.04	23d	1	0.38mi
149 Moores Creek Dr Columbia, SC	3.0	2.0	1600	$2,069	$1.29	14d	1	0.60mi
7015 Mirror Lake Rd Columbia, SC	3.0	2.0	2043	$1,800	$0.88	23d	1	0.65mi
1101 Hallbrook Dr Columbia, SC	1.0–3.0	1.0–2.0	1050	$1,229	$1.17	14d	1	0.78mi
150 Daphne Rd Columbia, SC	3.0	2.0	1123	$1,025	$0.91	23d	1	0.85mi
7648 Garners Ferry Rd Columbia, SC	3.0	1.0–2.0	828	$1,279	$1.54	14d	1	0.93mi
7524 Marie St Columbia, SC	3.0	1.0	1075	$1,350	$1.26	21d	1	0.96mi
7743 Garners Ferry Rd Columbia, SC	1.0–3.0	1.0–2.5	1045	$2,534	$2.42	2d	19	1.06mi
79 Blue Fescue Way Columbia, SC	4.0	2.5	2075	$2,295	$1.11	11d	1	1.20mi
72 Blue Fescue Way Columbia, SC	4.0	2.5	2075	$2,233	$1.08	14d	1	1.20mi
27 Blue Fescue Way Columbia, SC	4.0	2.5	2075	$2,283	$1.10	23d	1	1.31mi
600 Greenlawn Dr Columbia, SC	1.0–3.0	1.0–2.0	1017	$1,830	$1.80	2d	25	1.36mi
156 Top Forest Dr Columbia, SC	3.0	2.5	1855	$2,500	$1.35	23d	1	1.37mi
76 Springway Dr Columbia, SC	3.0	2.5	1326	$1,829	$1.38	11d	1	1.42mi
320 Beacons Field Rd Columbia, SC	3.0	2.5	1663	$2,183	$1.31	14d	1	1.46mi
448 Red Poll Way Columbia, SC	4.0	2.5	1783	$2,183	$1.22	23d	1	1.46mi
425 Red Poll Way Columbia, SC	4.0	2.5	1783	$2,133	$1.20	23d	1	1.48mi

Listing history 12 events

1. 2026-06-15
   status $193,500 Pending 33 DOM
2. 2026-06-15
   days on market $193,500 Active 33 DOM
3. 2026-06-14
   days on market $193,500 Active 31 DOM
4. 2026-06-10
   days on market $193,500 Active 28 DOM
5. 2026-06-09
   days on market $193,500 Active 27 DOM
6. 2026-06-08
   days on market $193,500 Active 26 DOM
7. 2026-06-07
   days on market $193,500 Active 25 DOM
8. 2026-06-03
   days on market $193,500 Active 21 DOM
9. 2026-06-03
   days on market $193,500 Active 20 DOM
10. 2026-06-01
    days on market $193,500 Active 19 DOM
11. 2026-05-31
    days on market $193,500 Active 18 DOM
12. 2026-05-13
    listed $193,500 Active

ⓘ 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: $1,146 · $96/mo
• Projected year-2 tax: $1,146 · $96/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥108°F today · 16 d/yr by 30 yrs out
• 💨 Wind 7/10 Severe 76% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,412
• − Mortgage interest: −$10,839
• − Property taxes: −$1,146
• − Insurance: −$968
• − Repairs & maintenance: −$1,873
• − Management: −$1,873
• − Depreciation: −$5,629
• Taxable income: $1,084
• Est. tax owed @ 24.0%: −$260
• After-tax cash flow: $3,945/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.

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

Livability — Capitol View

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Capitol View, SC
• County: Richland County · 389,530 people
• Metro: Columbia, SC
• Population (ZIP): 38,041
• Household income: $58,772
• Rent vs Own: 41.3% rent · 58.7% own
• Severe rent burden: 1716.0

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: —

Market trends

• HPI YoY: ▼ -142.10%
• Current HPI: 205.5679
• Rent YoY: ▲ 2.08%
• Metro: Columbia, SC
• State GDP YoY: ▲ 4.51%
• F500 in state: 2

Industry mix (Fortune 500 HQ in SC)

Industry	F500 HQs	Revenue
▸Packaging	1	$7B

Price history

1 event — show timeline

• 2026-05-13 Listed $193,500 Consolidated MLS

Property tax history

+6.3%/yr

Latest (2025): $1,146 · +4.2% YoY. Source: county tax records.