1017 Matchingham DrColumbiaSC29223
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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 1017 Matchingham Dr, Columbia, SC, 29223 generates $2,628/mo in rent and, after a $1,321/mo payment, leaves $991/mo in cash flow. Total monthly income is $2,628/mo, and annual cash flow is $11,896/yr on $89,472 invested. Return on cash invested sits at 33.21% in year one, and rental yield is 11.68% on a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 174.01% and total cumulative return in cash sums $155,694. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,628/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
5,662 sqft lot
$N/A/sqft
$360 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29223, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,326 (100%) |
| Owner Occupied HU | 13,839 (54.6%) |
| Renter Occupied HU | 9,663 (38.2%) |
| Vacant Housing Units | 1,824 ( 7.2%) |
| Median Home Value | $237,719 |
| Average Home Value | $279,017 |
Housing Distribution
Address Breakdown
Residential
23,768
Single Family
18,656
Multi-Family
5,112
Businesses
1,541
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Listed by: Melita E Heyward • Fathom Realty SC LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #601250
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC