104 Glad Rik LnWest ColumbiaSC29170
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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 West Columbia at 104 Glad Rik Ln, West Columbia, SC, 29170 offers $2,177/mo rent that, after a $1,461/mo payment, leaves $400/mo cash flow. Total monthly income is $2,177/mo, and annual cash flow is $4,801/yr on $98,953 cash. Return on cash invested measures 24.76% in year one, and rental yield stands at 8.75% at a $298,500 entry. Equity gained on principal adds $1,926/yr while 5% annual appreciation compounds into $82,470 by year five. Five-year ROI records 128.59% and total cumulative return in cash reaches $127,245. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,177/mo property income versus a $1,461/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29170, West Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,476 (100%) |
| Owner Occupied HU | 7,860 (75.0%) |
| Renter Occupied HU | 1,892 (18.1%) |
| Vacant Housing Units | 724 ( 6.9%) |
| Median Home Value | $230,188 |
| Average Home Value | $272,206 |
Housing Distribution
Address Breakdown
Residential
9,779
Single Family
9,543
Multi-Family
236
Businesses
540
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Listed by: Angela Rewis • Wood Realty
Mls Name: Consolidated MLS
Mls ID: #621067