1850 Atlantic Dr UNIT 416ColumbiaSC29210
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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 1850 Atlantic Dr UNIT 416, Columbia, SC, 29210 listed at $149,900 pairs $1,685/mo rent with a $734/mo payment to leave $792/mo cash flow. Total monthly income runs $1,685/mo, and annual cash flow reaches $9,508/yr on $49,692 cash to close. Return on cash invested measures 39.04% in year one, and rental yield registers 13.49% at a $149,900 basis. Equity gained on principal adds $967/yr, and annual property appreciation at 5% supports $41,415 by year five. Five-year ROI tracks 205.21% and total cumulative return in cash totals $101,975. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,685/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1986
N/A lot
$N/A/sqft
No 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: Steve Kozlowski • Century 21 Vanguard
Mls Name: Consolidated MLS
Mls ID: #611758