207 Weddell St APT 1BColumbiaSC29223
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $808/mo, and a $513/mo payment. Purchase price stands at $104,900, and rental yield measures 9.24% with $808/mo rent. Return on cash invested shows 16.77% in year one, and 5% annual appreciation builds toward $28,982 over five years. Five-year ROI reaches 89.12% and total cumulative return in cash records $30,990. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $808/mo property income covering a $513/mo payment rather than investor’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$275 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29223, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,326 (100%) |
| Owner Occupied HU | 13,839 (54.6%) |
| Renter Occupied HU | 9,663 (38.2%) |
| Vacant Housing Units | 1,824 ( 7.2%) |
| Median Home Value | $237,719 |
| Average Home Value | $279,017 |
Housing Distribution
Address Breakdown
Residential
23,768
Single Family
18,656
Multi-Family
5,112
Businesses
1,541
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Boyd L Burks • Brand Name Real Estate
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #616182
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC