21 Forestgate CtColumbiaSC29212
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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 21 Forestgate Ct, Columbia, SC, 29212 priced at $155,000 pairs $1,868/mo rent with $924/mo cash flow after a $759/mo payment. Total monthly income equals $1,868/mo, and annual cash flow comes to $11,088/yr on $51,383 invested. Return on cash invested is 41.49% in year one, and rental yield stands at 14.46% on a $155,000 basis. Equity gained on principal adds $1,000/yr, and 5% annual appreciation accumulates to $42,824 by year five. Five-year ROI measures 218.42% and total cumulative return in cash reaches $112,228. For financing, Ziffy Mortgage’s DSCR program evaluates $1,868/mo property income against a $759/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1984
6,195 sqft lot
$N/A/sqft
$21 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29212, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,392 (100%) |
| Owner Occupied HU | 9,755 (67.8%) |
| Renter Occupied HU | 3,792 (26.3%) |
| Vacant Housing Units | 845 ( 5.9%) |
| Median Home Value | $261,900 |
| Average Home Value | $331,148 |
Housing Distribution
Address Breakdown
Residential
13,858
Single Family
11,610
Multi-Family
2,248
Businesses
828
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Listed by: N/A • N/A
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