121 Bartlett DrColumbiaSC29223
Nearby investment properties with comparable rents
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 121 Bartlett Dr, Columbia, SC, 29223 priced at $223,990 converts $1,860/mo rent into $527/mo cash flow after a $1,096/mo obligation. Total monthly income equals $1,860/mo, and annual cash flow totals $6,323/yr on $74,253 invested. Return on cash invested prints 28.42% in year one, and rental yield reads 9.96% against a $223,990 entry. Equity gained on principal adds $1,445/yr, while 5% annual appreciation compiles into $61,884 by year five. Five-year ROI reaches 148.17% and total cumulative return in cash sums $110,020. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,860/mo property income covering a $1,096/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rachel Brown • Better Homes and Gardens Real Est Medley
Mls Name: Consolidated MLS
Mls ID: #622790