117 Prairie Grass Way, Columbia, SC, 29212 | $417/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1303 sft

116 Crown Colony Ct, Lexington, SC, 29073

4 Bed
3 Bath
2152 sft

Lancaster Plan, Killians Crossing, Blythewood, SC, 29016

3 Bed
2 Bath
1348 sft

516 Peeble Rd, Hopkins, SC, 29061

2 Bed
2 Bath
1326 sft

3409 Bellingham Rd, Columbia, SC, 29203

Nearby investment properties with comparable prices

3 Bed
2 Bath
1792 sft

330 Kyzer Rd, Lexington, SC, 29073

3 Bed
3 Bath
1320 sft

1119 Ederbach Drive, Lexington, SC, 29073

2 Bed
2 Bath
1275 sft

2402 Breezewood Rd, Cayce, SC, 29033

3 Bed
2 Bath
1120 sft

310 Cavalier Ln, Lexington, SC, 29073

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Columbia at 117 Prairie Grass Way, Columbia, SC, 29212 offers a 9.93% rental yield on a $246,622 purchase with $2,040/mo rent. Total monthly income registers $2,040/mo, and a $1,207/mo payment leaves $417/mo available for distribution. Annual cash flow reaches $5,004/yr on $81,755 to close, and return on cash invested stands at 26.03% in year one. Equity gained on principal adds $1,591/yr while 5% annual appreciation supports $68,137 over five years. Portfolio math shows five-year ROI at 136.16% and total cumulative return in cash at $111,317. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,040/mo property income against a $1,207/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

3,920 sqft lot

$N/A/sqft

$155 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