112 Lindevon Ln #AColumbiaSC29223
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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 112 Lindevon Ln #A, Columbia, SC, 29223 uses $69,615 cash to close to unlock $213/yr annual cash flow and $18/mo monthly cash flow. Total monthly income runs $1,268/mo, and a $1,028/mo payment keeps the spread at $18/mo. Purchase price stands at $210,000, and rental yield measures 7.25% with $1,268/mo rent. Return on cash invested shows 20.21% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 104.17% and total cumulative return in cash records $72,520. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,268/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Multi Family
Built in 1983
7,405 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: Petie Bradley • ERA Wilder Realty
Mls Name: Consolidated MLS
Mls ID: #624253