131 S Cove DrWest ColumbiaSC29170
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
Investment property for sale in West Columbia at 131 S Cove Dr, West Columbia, SC, 29170 uses $74,554 cash to close to unlock $6,624/yr annual cash flow and $552/mo monthly cash flow. Total monthly income runs $1,891/mo, and a $1,101/mo payment keeps the spread at $552/mo. Purchase price stands at $224,900, and rental yield measures 10.09% with $1,891/mo rent. Return on cash invested shows 28.79% in year one, and 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 150.17% and total cumulative return in cash records $111,961. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,891/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1995
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29170, West Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,476 (100%) |
| Owner Occupied HU | 7,860 (75.0%) |
| Renter Occupied HU | 1,892 (18.1%) |
| Vacant Housing Units | 724 ( 6.9%) |
| Median Home Value | $230,188 |
| Average Home Value | $272,206 |
Housing Distribution
Address Breakdown
Residential
9,779
Single Family
9,543
Multi-Family
236
Businesses
540
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Brand Name Real Estate
Mls Name: CTMLS
Mls ID: #26001575