110 Walking Horse WayColumbiaSC29223
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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 110 Walking Horse Way, Columbia, SC, 29223 uses $60,167 cash to close to unlock $5,615/yr annual cash flow and $468/mo monthly cash flow. Total monthly income runs $1,613/mo, and a $888/mo payment keeps the spread at $468/mo. Purchase price stands at $181,500, and rental yield measures 10.66% with $1,613/mo rent. Return on cash invested shows 29.24% in year one, and 5% annual appreciation builds toward $50,145 over five years. Five-year ROI reaches 153.03% and total cumulative return in cash records $92,072. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,613/mo property income covering a $888/mo payment rather than investor’s personal income.
Single Family
Built in 1995
N/A lot
$N/A/sqft
$65 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29223, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,326 (100%) |
| Owner Occupied HU | 13,839 (54.6%) |
| Renter Occupied HU | 9,663 (38.2%) |
| Vacant Housing Units | 1,824 ( 7.2%) |
| Median Home Value | $237,719 |
| Average Home Value | $279,017 |
Housing Distribution
Address Breakdown
Residential
23,768
Single Family
18,656
Multi-Family
5,112
Businesses
1,541
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Listed by: Martesa Weston • ERA Wilder Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #610428
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC