220 Walnut LnColumbiaSC29212
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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 220 Walnut Ln, Columbia, SC, 29212 priced at $453,000 converts $3,731/mo rent into $1,030/mo cash flow after a $2,217/mo obligation. Total monthly income equals $3,731/mo, and annual cash flow totals $12,365/yr on $150,170 invested. Return on cash invested prints 28.14% in year one, and rental yield reads 9.88% against a $453,000 entry. Equity gained on principal adds $2,923/yr, while 5% annual appreciation compiles into $125,156 by year five. Five-year ROI reaches 146.71% and total cumulative return in cash sums $220,320. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,731/mo property income covering a $2,217/mo payment, not borrower’s personal income.
Single Family
Built in 1987
0.33 Acres lot
$N/A/sqft
$50 annually 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: Jenny Yeager • Palmetto Moon Properties
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #605294
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC