216 Lincreek DrColumbiaSC29212
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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
Investment property for sale in Columbia at 216 Lincreek Dr, Columbia, SC, 29212 uses $36,465 cash to close to unlock $2,623/yr annual cash flow and $219/mo monthly cash flow. Total monthly income runs $873/mo, and a $538/mo payment keeps the spread at $219/mo. Purchase price stands at $110,000, and rental yield measures 9.52% with $873/mo rent. Return on cash invested shows 27.1% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 141.18% and total cumulative return in cash records $51,480. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $873/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.90 Acres lot
$N/A/sqft
No 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: Ramona Houston • Exclusive Southern Properties
Mls Name: Consolidated MLS
Mls ID: #613231