1850 Atlantic Dr UNIT 415ColumbiaSC29210
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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 1850 Atlantic Dr UNIT 415, Columbia, SC, 29210 generates $1,553/mo in rent and, after a $734/mo payment, leaves $320/mo in cash flow. Total monthly income is $1,553/mo, and annual cash flow is $3,844/yr on $49,692 invested. Return on cash invested sits at 27.65% in year one, and rental yield is 12.43% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 147.06% and total cumulative return in cash sums $73,079. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,553/mo property income rather than buyer’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$340 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29210, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,166 (100%) |
| Owner Occupied HU | 6,820 (35.6%) |
| Renter Occupied HU | 10,472 (54.6%) |
| Vacant Housing Units | 1,874 ( 9.8%) |
| Median Home Value | $195,610 |
| Average Home Value | $234,246 |
Housing Distribution
Address Breakdown
Residential
17,637
Single Family
10,741
Multi-Family
6,896
Businesses
1,419
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Listed by: Liliana Carr • Chucktown Homes - Keller Williams
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #609987
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC