1085 Shop Rd UNIT 430ColumbiaSC29201
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1085 Shop Rd UNIT 430, Columbia, SC, 29201 in Columbia carries a 1.64 coverage ratio, rent of $1,975/mo is 1.64 times the $1,201/mo payment. Rental yield 8.03%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $267,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $73,767; total projected cumulative return: $125,788.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 4.8% |
| Monthly Cash Flow | $(4) | $850 |
City averages based on Columbia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,975 |
| Total Monthly Debt Service | $1,483 |
| DSCR Ratio | 1.33x |
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 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
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 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: EXIT Realty broker feed
Mls ID: #608508