1005 Field Strip RdColumbiaSC29229
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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
Investment property for sale in Columbia at 1005 Field Strip Rd, Columbia, SC, 29229 offers a 10.06% rental yield on a $250,300 purchase with $2,099/mo rent. Total monthly income registers $2,099/mo, and a $1,225/mo payment leaves $577/mo available for distribution. Annual cash flow reaches $6,924/yr on $82,974 to close, and return on cash invested stands at 28.25% in year one. Equity gained on principal adds $1,615/yr while 5% annual appreciation supports $69,153 over five years. Portfolio math shows five-year ROI at 147.51% and total cumulative return in cash at $122,396. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,099/mo property income against a $1,225/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
8,712 sqft lot
$N/A/sqft
$385 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29229, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,849 (100%) |
| Owner Occupied HU | 16,516 (75.6%) |
| Renter Occupied HU | 4,178 (19.1%) |
| Vacant Housing Units | 1,155 ( 5.3%) |
| Median Home Value | $264,697 |
| Average Home Value | $299,180 |
Housing Distribution
Address Breakdown
Residential
21,627
Single Family
19,314
Multi-Family
2,313
Businesses
1,141
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Listed by: Billy Sinnett • SM South Carolina Brokerage LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #604268
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC