10 Merganser Ct, Columbia, SC, 29203 | $1,504/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Columbia at 10 Merganser Ct, Columbia, SC, 29203 offers a 18.79% rental yield on a $154,900 purchase with $2,426/mo rent. Total monthly income registers $2,426/mo, and a $758/mo payment leaves $1,504/mo available for distribution. Annual cash flow reaches $18,049/yr on $51,349 to close, and return on cash invested stands at 55.06% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,796 over five years. Portfolio math shows five-year ROI at 291.13% and total cumulative return in cash at $149,492. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,426/mo property income against a $758/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 2003

6,534 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 29203, Columbia, SC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,188 (100%)
Owner Occupied HU	9,182 (47.9%)
Renter Occupied HU	7,860 (41.0%)
Vacant Housing Units	2,146 (11.2%)
Median Home Value	$190,357
Average Home Value	$287,559