1117 Palisades CirColumbiaSC29223
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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 1117 Palisades Cir, Columbia, SC, 29223 earns $279/mo cash flow from $1,106/mo rent with a $680/mo payment. Total monthly income totals $1,106/mo, and annual cash flow totals $3,347/yr on $46,079 capital. ROI tracks 27.17% on current figures, and rental yield reads 9.55% at a $139,000 purchase. Equity gained on principal adds $897/yr, and 5% annual appreciation supports $38,403 over five years. Five-year ROI reaches 141.48% and total cumulative return in cash sums $65,192. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,106/mo property income instead of your personal income.
Single Family
Built in 1958
8,712 sqft lot
$N/A/sqft
No 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: Alecia Bryant • JPAR Magnolia Group
Mls Name: Consolidated MLS
Mls ID: #614778