203 Mariners Cove DrColumbiaSC29229
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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 203 Mariners Cove Dr, Columbia, SC, 29229 earns from $3,360/mo rent with a $3,132/mo payment. Total monthly income totals $3,360/mo. ROI tracks 16.43% on current figures, and rental yield reads 6.3% at a $640,000 purchase. Equity gained on principal adds $4,130/yr, and 5% annual appreciation supports $176,820 over five years. Five-year ROI reaches 84.25% and total cumulative return in cash sums $177,390. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,360/mo property income instead of your personal income.
Single Family
Built in 2003
8,276 sqft lot
$N/A/sqft
$2,250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29229, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,849 (100%) |
| Owner Occupied HU | 16,516 (75.6%) |
| Renter Occupied HU | 4,178 (19.1%) |
| Vacant Housing Units | 1,155 ( 5.3%) |
| Median Home Value | $264,697 |
| Average Home Value | $299,180 |
Housing Distribution
Address Breakdown
Residential
21,627
Single Family
19,314
Multi-Family
2,313
Businesses
1,141
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Listed by: Renee B Royall • RE/MAX Home Team Realty LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #615777
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC