The Murphy

Single Family

1956

Sqft

2021

Details
Financials
Performance

$296,097

Purchase Price

$2,020

Rent / Mo

70%

Property Leverage

211 Doolittle Drive, Chapin, SC 29036

About

The Murphy is a brand new home that includes 3 bedrooms and 2 bathrooms. It has a gas fireplace, and the kitchen has a gas range with stainless steel appliances. The master suite includes a soaking tub and a walk-in closet, and the other 2 bedrooms share a Jack-and-Jill bathroom.

Tenant Leasing Process

The time needed to sign the first tenant lease is variable and can depend on several factors including seasonality and whether the property requires any sort of renovation. Historically the average time to lease has been 45 days and has ranged from a minimum of 7 days to over 90 days. For more details on each status, check out the different rental statuses here.

Rented

Rental Status

The Market

Columbia, SC

Columbia, South Carolina is a popular market with millennials and retirees. The market routinely ranks highly for its livability, business and job opportunities, and public education. The metro area of Columbia is well educated. Over 40% of the adult population has at least a Bachelor's degree, and the city is home to the University of South Carolina. The market has a diversified economy, with major sectors including information technology, insurance, military, manufacturing, and health care. Additionally, Columbia is the capital of South Carolina, which brings significant jobs and economic activity to the region.

Documents

Half-Year Property Financials

Full-Year Property Financials

Common Questions

How Arrived works

What returns can I expect

What to expect if my property is still seeking a tenant

Diversification

Investing horizon & liquidity

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We make it easy with funds

For those looking to build or add to their portfolio without investing in individual rental properties, the Arrived Single Family Residential Fund is an ideal option due to its always-available investment experience, immediate diversification, and access to liquidity.