2217 Clark StColumbiaSC29201
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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 2217 Clark St, Columbia, SC, 29201 generates $3,083/mo in rent and, after a $2,486/mo payment, leaves $59/mo in cash flow. Total monthly income is $3,083/mo, and annual cash flow is $714/yr on $167,099 invested. Return on cash invested sits at 20.49% in year one, and rental yield is 7.28% on a $507,900 entry. Equity gained on principal adds $3,277/yr, while 5% annual appreciation builds toward $140,323 over five years. Five-year ROI reaches 105.61% and total cumulative return in cash sums $176,476. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,083/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29201, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,548 (100%) |
| Owner Occupied HU | 2,816 (19.4%) |
| Renter Occupied HU | 9,199 (63.2%) |
| Vacant Housing Units | 2,533 (17.4%) |
| Median Home Value | $266,991 |
| Average Home Value | $296,553 |
Housing Distribution
Address Breakdown
Residential
11,749
Single Family
5,092
Multi-Family
6,657
Businesses
2,441
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Listed by: Taquoia Beals • Realty One Group Reside
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #607091
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC