118 Wincay RdColumbiaSC29223
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Nearby investment properties with comparable prices
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 118 Wincay Rd, Columbia, SC, 29223 priced at $144,900 converts $1,747/mo rent into $885/mo cash flow after a $709/mo obligation. Total monthly income equals $1,747/mo, and annual cash flow totals $10,616/yr on $48,034 invested. Return on cash invested prints 42.01% in year one, and rental yield reads 14.47% against a $144,900 entry. Equity gained on principal adds $935/yr, while 5% annual appreciation compiles into $40,033 by year five. Five-year ROI reaches 221.07% and total cumulative return in cash sums $106,189. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,747/mo property income covering a $709/mo payment, not borrower’s personal income.
Single Family
Built in 2007
4,356 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: Mary Ellen Perretta • Weaver Realty, LLC
Mls Name: Consolidated MLS
Mls ID: #616761