1040 Coatesdale RdColumbiaSC29209
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 1040 Coatesdale Rd, Columbia, SC, 29209 offers a 7.85% rental yield on a $349,900 purchase with $2,288/mo rent. Total monthly income registers $2,288/mo, and a $1,713/mo payment leaves $205/mo available for distribution. Annual cash flow reaches $2,456/yr on $115,992 to close, and return on cash invested stands at 22.03% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,671 over five years. Portfolio math shows five-year ROI at 113.9% and total cumulative return in cash at $132,114. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,288/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29209, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,612 (100%) |
| Owner Occupied HU | 10,573 (60.0%) |
| Renter Occupied HU | 6,085 (34.6%) |
| Vacant Housing Units | 954 ( 5.4%) |
| Median Home Value | $223,804 |
| Average Home Value | $311,122 |
Housing Distribution
Address Breakdown
Residential
16,357
Single Family
14,261
Multi-Family
2,096
Businesses
855
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Olivia Cooley • Olivia Cooley Real Estate
Mls Name: Consolidated MLS
Mls ID: #618335