1718 Madison Rd APT 18ColumbiaSC29204
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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 1718 Madison Rd APT 18, Columbia, SC, 29204 earns from $2,033/mo rent with a $1,003/mo payment. Total monthly income totals $2,033/mo. ROI tracks 16.2% on current figures, and rental yield reads 11.91% at a $204,900 purchase. Equity gained on principal adds $1,322/yr, and 5% annual appreciation supports $56,610 over five years. Five-year ROI reaches 89.27% and total cumulative return in cash sums $60,634. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,033/mo property income instead of your personal income.
Condo
Built in 1963
N/A lot
$N/A/sqft
$1,023 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29204, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,285 (100%) |
| Owner Occupied HU | 4,798 (51.7%) |
| Renter Occupied HU | 3,184 (34.3%) |
| Vacant Housing Units | 1,303 (14.0%) |
| Median Home Value | $238,178 |
| Average Home Value | $299,340 |
Housing Distribution
Address Breakdown
Residential
7,951
Single Family
6,943
Multi-Family
1,008
Businesses
885
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Listed by: Rob Brannan • Century 21 Vanguard
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #607321
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC