1085 Shop Rd UNIT 221ColumbiaSC29201
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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 221, Columbia, SC, 29201 offers a 11.64% rental yield on a $264,900 purchase with $2,569/mo rent. Total monthly income registers $2,569/mo, and a $1,297/mo payment leaves $672/mo available for distribution. Annual cash flow reaches $8,060/yr on $87,814 to close, and return on cash invested stands at 29.09% in year one. Equity gained on principal adds $1,709/yr while 5% annual appreciation supports $73,187 over five years. Portfolio math shows five-year ROI at 153.35% and total cumulative return in cash at $134,660. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,569/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2007
N/A lot
$N/A/sqft
$320 monthly 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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