Tayton Capital
ES
Short-Term Rental · Columbia, SC

Short-Term Rental Financing in Columbia, SC

Estimated 1.06x DSCR on a $275,000 short-term rental with $68,750 down — qualified on the property's income, not your tax returns.

Modeled Purchase Price
$275,000
25% Down
$68,750
Loan Amount
$206,250
Est. Monthly PITIA
$1,789
Creditable STR Income
$1,890/mo
Est. DSCR Ratio
1.06x

Short-Term Rental investing in Columbia

Short-term rental financing in Columbia is a different underwriting product than a long-term DSCR loan even though it carries the same name. The lender is crediting nightly revenue instead of a signed lease, which means the documentation, the reserve requirement, and the permit diligence all change.

At the Columbia median of $275,000, a short-term rental prices near $275,000. Minimum down is 25% ($68,750), leaving a loan of $206,250. Estimated all-in PITIA runs about $1,789 per month.

The Columbia ratio math on this product

Gross nightly revenue in Columbia models to about $2,625/month across a full year. Lenders do not credit that dollar-for-dollar — a 28% haircut for vacancy, cleaning, platform fees and management leaves $1,890 of creditable income. Against a PITIA of $1,789, that is an estimated DSCR ratio of 1.06x. That clears the 1.0 minimum most DSCR shelves require for base pricing, but the cushion is thin. Stress-test a tax reassessment and an insurance renewal before you write the offer.

Underwriting notes specific to STR files: plan on 25% down as the floor, six months of PITIA in reserves, and either twelve months of Airbnb/VRBO earnings statements on the subject property or a third-party market revenue study for a property with no operating history. Short-term rental activity is moderate here and local rules vary by zoning district. Verify the permit status of the exact address before you go hard on earnest money — an unpermitted STR is an unfinanceable STR on this product.

Returns and structure

Return metrics at the Columbia median for this product: an estimated cap rate of 4.54%, and monthly cash flow of $101 positive at 25% down. A file that cash-flows at the minimum down payment is the exception in South Carolina right now, and it gives you room to absorb an insurance renewal without going to the reserve account.

Columbia property types compared

Property TypeModeled PriceMin. DownEst. IncomeEst. DSCR
Single-Family Rental$275,00020% ($55,000)$1,750/mo0.93x
2–4 Unit Multi-Family$434,50025% ($108,625)$3,255/mo1.15x
Condo & Townhome$198,00020% ($39,600)$1,383/mo0.87x
Short-Term Rental (this page)$275,00025% ($68,750)$1,890/mo1.06x

All figures model a purchase at the Columbia median of $275,000 with the property-type adjustments described above, at an illustrative 7.50% DSCR rate on a 30-year fixed. Short-term rental income is shown after the standard lender haircut.

Figures on this page are modeled estimates derived from the Columbia median price and market rent, adjusted for short-term rental product characteristics. They are illustrative, not a loan offer or an appraisal. Actual pricing, rent, taxes, insurance, HOA dues and DSCR depend on the specific property and on conditions at the time of application.

Columbia Short-Term Rental FAQ

More Columbia investor resources

Columbia investor guide
Full market analysis and loan options
Single-Family Rental in Columbia
0.93x est. DSCR
2–4 Unit Multi-Family in Columbia
1.15x est. DSCR
Condo & Townhome in Columbia
0.87x est. DSCR
Richland County investor hub
Every market we finance in the county
DSCR loan requirements in South Carolina
DSCR payment calculator

Price a short-term rental in Columbia

Send us the address and we'll model the real DSCR ratio, PITIA and cash flow on that specific property — usually the same day. Licensed in South Carolina, and we close in an LLC or your personal name.

Get My Investment Analysis Talk to a Loan Officer

Keep exploring

Related pages

Get started

See your loan options in minutes.

Tell us a little about you and we'll reach out personally — usually within one business day.

Or call (970) 708-9624

Terms · Privacy Policy

Get a quoteApply Now