207 Weddell StColumbiaSC29223
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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 207 Weddell St, Columbia, SC, 29223 priced at $103,900 pairs $822/mo rent with $203/mo cash flow after a $509/mo payment. Total monthly income equals $822/mo, and annual cash flow comes to $2,436/yr on $34,443 invested. Return on cash invested is 26.98% in year one, and rental yield stands at 9.49% on a $103,900 basis. Equity gained on principal adds $670/yr, and 5% annual appreciation accumulates to $28,706 by year five. Five-year ROI measures 140.63% and total cumulative return in cash reaches $48,436. For financing, Ziffy Mortgage’s DSCR program evaluates $822/mo property income against a $509/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1984
N/A lot
$N/A/sqft
No 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
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Listed by: Boyd L Burks • Brand Name Real Estate
Mls Name: Consolidated MLS
Mls ID: #622475