221 Firebridge RdColumbiaSC29223
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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 221 Firebridge Rd, Columbia, SC, 29223 uses $82,875 cash to close to unlock $5,213/yr annual cash flow and $434/mo monthly cash flow. Total monthly income runs $1,923/mo, and a $1,224/mo payment keeps the spread at $434/mo. Purchase price stands at $250,000, and rental yield measures 9.23% with $1,923/mo rent. Return on cash invested shows 26.2% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 136.29% and total cumulative return in cash records $112,954. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,923/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29223, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,326 (100%) |
| Owner Occupied HU | 13,839 (54.6%) |
| Renter Occupied HU | 9,663 (38.2%) |
| Vacant Housing Units | 1,824 ( 7.2%) |
| Median Home Value | $237,719 |
| Average Home Value | $279,017 |
Housing Distribution
Address Breakdown
Residential
23,768
Single Family
18,656
Multi-Family
5,112
Businesses
1,541
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Listed by: Nathan Arnold • Keller Williams Realty
Mls Name: Consolidated MLS
Mls ID: #615624