2002 Elm Abode TerColumbiaSC29210
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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 2002 Elm Abode Ter, Columbia, SC, 29210 uses $62,952 cash to close to unlock $8,844/yr annual cash flow and $737/mo monthly cash flow. Total monthly income runs $1,867/mo, and a $929/mo payment keeps the spread at $737/mo. Purchase price stands at $189,900, and rental yield measures 11.8% with $1,867/mo rent. Return on cash invested shows 33.96% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 177.93% and total cumulative return in cash records $112,013. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,867/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1954
0.54 Acres 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: Ike Gray • Mark Jeffers Real Est Co, Inc
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #595477
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC