111 Seafarer LnColumbiaSC29212
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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
Rental property for sale in Columbia at 111 Seafarer Ln, Columbia, SC, 29212 priced at $254,900 pairs $1,759/mo rent with after a $1,248/mo payment. Total monthly income equals $1,759/mo. Return on cash invested is 16.69% in year one, and rental yield stands at 8.28% on a $254,900 basis. Equity gained on principal adds $1,645/yr, and 5% annual appreciation accumulates to $70,424 by year five. Five-year ROI measures 87.71% and total cumulative return in cash reaches $74,112. For financing, Ziffy Mortgage’s DSCR program evaluates $1,759/mo property income against a $1,248/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1973
1,393 sqft lot
$N/A/sqft
$468 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29212, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,392 (100%) |
| Owner Occupied HU | 9,755 (67.8%) |
| Renter Occupied HU | 3,792 (26.3%) |
| Vacant Housing Units | 845 ( 5.9%) |
| Median Home Value | $261,900 |
| Average Home Value | $331,148 |
Housing Distribution
Address Breakdown
Residential
13,858
Single Family
11,610
Multi-Family
2,248
Businesses
828
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Listed by: Glenn Yoma • Keller Williams Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #612445
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC