209 Wheat Farm RdColumbiaSC29209
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
Investment property for sale in Columbia at 209 Wheat Farm Rd, Columbia, SC, 29209 with 5% annual appreciation on a $331,455 basis while $2,656/mo rent supports operations. Total monthly income totals $2,656/mo and a $1,622/mo payment preserves $683/mo for cash returns. Annual cash flow comes to $8,199/yr on $109,877 deployed, and return on cash invested reaches 27.37% in year one. Equity gained on principal adds $2,139/yr, and five-year appreciation sums $91,575 alongside rental yield of 9.62%. Five-year ROI measures 142.58% and total cumulative return in cash totals $156,659.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,656/mo property income versus a $1,622/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29209, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,612 (100%) |
| Owner Occupied HU | 10,573 (60.0%) |
| Renter Occupied HU | 6,085 (34.6%) |
| Vacant Housing Units | 954 ( 5.4%) |
| Median Home Value | $223,804 |
| Average Home Value | $311,122 |
Housing Distribution
Address Breakdown
Residential
16,357
Single Family
14,261
Multi-Family
2,096
Businesses
855
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Piner • SM South Carolina Brokerage LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #607820
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC