101 Menlo DrColumbiaSC29210
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 101 Menlo Dr, Columbia, SC, 29210 priced at $130,000 converts $1,028/mo rent into $254/mo cash flow after a $636/mo obligation. Total monthly income equals $1,028/mo, and annual cash flow totals $3,053/yr on $43,095 invested. Return on cash invested prints 26.99% in year one, and rental yield reads 9.49% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 140.6% and total cumulative return in cash sums $60,591. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,028/mo property income covering a $636/mo payment, not borrower’s personal income.
Condo
Built in 1973
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29210, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,166 (100%) |
| Owner Occupied HU | 6,820 (35.6%) |
| Renter Occupied HU | 10,472 (54.6%) |
| Vacant Housing Units | 1,874 ( 9.8%) |
| Median Home Value | $195,610 |
| Average Home Value | $234,246 |
Housing Distribution
Address Breakdown
Residential
17,637
Single Family
10,741
Multi-Family
6,896
Businesses
1,419
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shane Mask • The American Realty
Mls Name: Consolidated MLS
Mls ID: #588121