2206 Senate StColumbiaSC29205
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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 2206 Senate St, Columbia, SC, 29205 offers $1,553/mo rent that, after a $1,062/mo payment, leaves $261/mo cash flow. Total monthly income is $1,553/mo, and annual cash flow is $3,136/yr on $71,936 cash. Return on cash invested measures 24.27% in year one, and rental yield stands at 8.59% at a $217,000 entry. Equity gained on principal adds $1,400/yr while 5% annual appreciation compounds into $59,953 by year five. Five-year ROI records 125.95% and total cumulative return in cash reaches $90,605. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,553/mo property income versus a $1,062/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29205, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,610 (100%) |
| Owner Occupied HU | 6,798 (49.9%) |
| Renter Occupied HU | 5,092 (37.4%) |
| Vacant Housing Units | 1,720 (12.6%) |
| Median Home Value | $346,573 |
| Average Home Value | $420,577 |
Housing Distribution
Address Breakdown
Residential
12,188
Single Family
10,741
Multi-Family
1,447
Businesses
780
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Listed by: Gabriel Bethel • David Lloyd Realty
Mls Name: Consolidated MLS
Mls ID: #608501