1037 Lofty Pine DrColumbiaSC29212
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThis Columbia rental at 1037 Lofty Pine Dr, Columbia, SC, 29212 sits in the solid-income band: 7.88% gross yield, $2,398/mo rent, $225/mo net after the $1,641/mo debt service, DSCR 1.46. Entry price of $365,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $100,843 and $3,362/yr in principal reduction bring total cumulative return to $152,556.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 4.8% |
| Monthly Cash Flow | $225 | $850 |
City averages based on Columbia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,398 |
| Total Monthly Debt Service | $2,028 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1981
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29212, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,392 (100%) |
| Owner Occupied HU | 9,755 (67.8%) |
| Renter Occupied HU | 3,792 (26.3%) |
| Vacant Housing Units | 845 ( 5.9%) |
| Median Home Value | $261,900 |
| Average Home Value | $331,148 |
Housing Distribution
Address Breakdown
Residential
13,858
Single Family
11,610
Multi-Family
2,248
Businesses
828
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
Single Family
Built in 1981
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29212, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,392 (100%) |
| Owner Occupied HU | 9,755 (67.8%) |
| Renter Occupied HU | 3,792 (26.3%) |
| Vacant Housing Units | 845 ( 5.9%) |
| Median Home Value | $261,900 |
| Average Home Value | $331,148 |
Housing Distribution
Address Breakdown
Residential
13,858
Single Family
11,610
Multi-Family
2,248
Businesses
828
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alexia Montali • Realty One Group Reside
Mls Name: Consolidated MLS
Mls ID: #626936