103 Elkhorn LnColumbiaSC29229
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
Investment property for sale in Columbia at 103 Elkhorn Ln, Columbia, SC, 29229 uses $56,024 cash to close to unlock $7,118/yr annual cash flow and $593/mo monthly cash flow. Total monthly income runs $1,624/mo, and a $827/mo payment keeps the spread at $593/mo. Purchase price stands at $169,000, and rental yield measures 11.53% with $1,624/mo rent. Return on cash invested shows 32.61% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 170.96% and total cumulative return in cash records $95,779. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,624/mo property income covering a $827/mo payment rather than investor’s personal income.
Single Family
Built in 2002
2,178 sqft lot
$N/A/sqft
$25 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A