1762 Wheat StColumbiaSC29205
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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 Columbia at 1762 Wheat St, Columbia, SC, 29205 generates $3,325/mo in rent and, after a $2,131/mo payment, leaves $483/mo in cash flow. Total monthly income is $3,325/mo, and annual cash flow is $5,800/yr on $144,302 invested. Return on cash invested sits at 23.93% in year one, and rental yield is 9.17% on a $435,300 entry. Equity gained on principal adds $2,809/yr, while 5% annual appreciation builds toward $120,265 over five years. Five-year ROI reaches 124.85% and total cumulative return in cash sums $180,167. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,325/mo property income rather than buyer’s personal income.
Townhouse
Built in 1987
2,246 sqft lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29205, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,610 (100%) |
| Owner Occupied HU | 6,798 (49.9%) |
| Renter Occupied HU | 5,092 (37.4%) |
| Vacant Housing Units | 1,720 (12.6%) |
| Median Home Value | $346,573 |
| Average Home Value | $420,577 |
Housing Distribution
Address Breakdown
Residential
12,188
Single Family
10,741
Multi-Family
1,447
Businesses
780
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