117 Ironcrest WayColumbiaSC29212
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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 117 Ironcrest Way, Columbia, SC, 29212 generates $2,641/mo in rent and, after a $1,515/mo payment, leaves $798/mo in cash flow. Total monthly income is $2,641/mo, and annual cash flow is $9,581/yr on $102,599 invested. Return on cash invested sits at 29.25% in year one, and rental yield is 10.24% on a $309,500 entry. Equity gained on principal adds $1,997/yr, while 5% annual appreciation builds toward $85,509 over five years. Five-year ROI reaches 152.63% and total cumulative return in cash sums $156,594. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,641/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
8,276 sqft lot
$N/A/sqft
No 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: Karen Koprowski • Realty One Group Reside
Mls Name: Consolidated MLS
Mls ID: #618675