1 Gardenwood CtColumbiaSC29209
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Columbia at 1 Gardenwood Ct, Columbia, SC, 29209 priced at $199,000 pairs $1,770/mo rent with $585/mo cash flow after a $974/mo payment. Total monthly income equals $1,770/mo, and annual cash flow comes to $7,025/yr on $65,969 invested. Return on cash invested is 30.56% in year one, and rental yield stands at 10.67% on a $199,000 basis. Equity gained on principal adds $1,284/yr, and 5% annual appreciation accumulates to $54,980 by year five. Five-year ROI measures 159.67% and total cumulative return in cash reaches $105,330. For financing, Ziffy Mortgage’s DSCR program evaluates $1,770/mo property income against a $974/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1981
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29209, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,612 (100%) |
| Owner Occupied HU | 10,573 (60.0%) |
| Renter Occupied HU | 6,085 (34.6%) |
| Vacant Housing Units | 954 ( 5.4%) |
| Median Home Value | $223,804 |
| Average Home Value | $311,122 |
Housing Distribution
Address Breakdown
Residential
16,357
Single Family
14,261
Multi-Family
2,096
Businesses
855
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Listed by: Jennifer Carter • Carter Realty, Inc
Mls Name: Consolidated MLS
Mls ID: #618855