1124 Myrtle RdWest ColumbiaSC29172
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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 West Columbia at 1124 Myrtle Rd, West Columbia, SC, 29172 offers a 12.41% rental yield on a $250,000 purchase with $2,586/mo rent. Total monthly income registers $2,586/mo, and a $1,224/mo payment leaves $1,097/mo available for distribution. Annual cash flow reaches $13,169/yr on $82,875 to close, and return on cash invested stands at 35.8% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 187.77% and total cumulative return in cash at $155,614. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,586/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29172, West Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,704 (100%) |
| Owner Occupied HU | 3,045 (64.7%) |
| Renter Occupied HU | 1,145 (24.3%) |
| Vacant Housing Units | 514 (10.9%) |
| Median Home Value | $218,089 |
| Average Home Value | $248,896 |
Housing Distribution
Address Breakdown
Residential
4,059
Single Family
3,672
Multi-Family
387
Businesses
262
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Listed by: Ruslan Roberts • Keller Williams Preferred
Mls Name: Consolidated MLS
Mls ID: #621656