225 King Charles RdColumbiaSC29209
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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 225 King Charles Rd, Columbia, SC, 29209 priced at $339,500 converts $2,274/mo rent into $253/mo cash flow after a $1,662/mo obligation. Total monthly income equals $2,274/mo, and annual cash flow totals $3,032/yr on $112,544 invested. Return on cash invested prints 22.6% in year one, and rental yield reads 8.04% against a $339,500 entry. Equity gained on principal adds $2,191/yr, while 5% annual appreciation compiles into $93,798 by year five. Five-year ROI reaches 116.98% and total cumulative return in cash sums $131,657. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,274/mo property income covering a $1,662/mo payment, not borrower’s personal income.
Single Family
Built in 1971
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29209, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,612 (100%) |
| Owner Occupied HU | 10,573 (60.0%) |
| Renter Occupied HU | 6,085 (34.6%) |
| Vacant Housing Units | 954 ( 5.4%) |
| Median Home Value | $223,804 |
| Average Home Value | $311,122 |
Housing Distribution
Address Breakdown
Residential
16,357
Single Family
14,261
Multi-Family
2,096
Businesses
855
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Listed by: Patrick O'Connor • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #609262
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC