170 Parkwood DrWest ColumbiaSC29170
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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
Rental property for sale in West Columbia at 170 Parkwood Dr, West Columbia, SC, 29170 priced at $190,000 pairs $1,871/mo rent with $740/mo cash flow after a $930/mo payment. Total monthly income equals $1,871/mo, and annual cash flow comes to $8,879/yr on $62,985 invested. Return on cash invested is 34.01% in year one, and rental yield stands at 11.82% on a $190,000 basis. Equity gained on principal adds $1,226/yr, and 5% annual appreciation accumulates to $52,494 by year five. Five-year ROI measures 178.1% and total cumulative return in cash reaches $112,176. For financing, Ziffy Mortgage’s DSCR program evaluates $1,871/mo property income against a $930/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1971
7,753 sqft 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
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Listed by: Brighton Barrineau • JPAR Magnolia Group
Mls Name: Consolidated MLS
Mls ID: #617591