129 Outrigger LnColumbiaSC29212
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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 Columbia at 129 Outrigger Ln, Columbia, SC, 29212 with 5% annual appreciation on a $175,000 basis while $1,683/mo rent supports operations. Total monthly income totals $1,683/mo and a $857/mo payment preserves $641/mo for cash returns. Annual cash flow comes to $7,690/yr on $58,013 deployed, and return on cash invested reaches 33.16% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 11.54%. Five-year ROI measures 173.62% and total cumulative return in cash totals $100,723.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,683/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1979
N/A 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: Meg Robinson • Fathom Realty SC LLC
Mls Name: Consolidated MLS
Mls ID: #622886