1085 Shop Rd UNIT 215ColumbiaSC29201
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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
Investment property for sale in Columbia at 1085 Shop Rd UNIT 215, Columbia, SC, 29201 uses $82,875 cash to close to unlock $7,517/yr annual cash flow and $626/mo monthly cash flow. Total monthly income runs $2,115/mo, and a $1,224/mo payment keeps the spread at $626/mo. Purchase price stands at $250,000, and rental yield measures 10.15% with $2,115/mo rent. Return on cash invested shows 28.98% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 151.21% and total cumulative return in cash records $125,314. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,115/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29201, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,548 (100%) |
| Owner Occupied HU | 2,816 (19.4%) |
| Renter Occupied HU | 9,199 (63.2%) |
| Vacant Housing Units | 2,533 (17.4%) |
| Median Home Value | $266,991 |
| Average Home Value | $296,553 |
Housing Distribution
Address Breakdown
Residential
11,749
Single Family
5,092
Multi-Family
6,657
Businesses
2,441
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Listed by: N/A • N/A
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