215 Faircrest WayColumbiaSC29229
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 215 Faircrest Way, Columbia, SC, 29229 at $225,000 posts ROI 32.01% with $752/mo cash flow from $2,137/mo rent. Total monthly income equals $2,137/mo, and annual cash flow records $9,025/yr on $74,588 to close. Return on cash invested measures 32.01% and rental yield reads 11.4% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 167.73% and total cumulative return in cash totals $125,109.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,137/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1998
7,840 sqft lot
$N/A/sqft
$550 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nancy Johnson • ERA Wilder Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #616612
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC