16 Gibbes CtColumbiaSC29201
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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 16 Gibbes Ct, Columbia, SC, 29201 listed at $650,000 pairs $4,649/mo rent with a $3,181/mo payment to leave $780/mo cash flow. Total monthly income runs $4,649/mo, and annual cash flow reaches $9,361/yr on $213,850 cash to close. Return on cash invested measures 24.44% in year one, and rental yield registers 8.58% at a $650,000 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,583 by year five. Five-year ROI tracks 126.8% and total cumulative return in cash totals $271,154. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,649/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29201, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,548 (100%) |
| Owner Occupied HU | 2,816 (19.4%) |
| Renter Occupied HU | 9,199 (63.2%) |
| Vacant Housing Units | 2,533 (17.4%) |
| Median Home Value | $266,991 |
| Average Home Value | $296,553 |
Housing Distribution
Address Breakdown
Residential
11,749
Single Family
5,092
Multi-Family
6,657
Businesses
2,441
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Listed by: Franklin Jones • Keller Williams Palmetto
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #590865
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC