225 Spring Lake RdColumbiaSC29206
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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 Spring Lake Rd, Columbia, SC, 29206 priced at $1,095,000 pairs $5,206/mo rent with after a $5,359/mo payment. Total monthly income equals $5,206/mo. Return on cash invested is 15.93% in year one, and rental yield stands at 5.71% on a $1,095,000 basis. Equity gained on principal adds $7,066/yr, and 5% annual appreciation accumulates to $302,528 by year five. Five-year ROI measures 81.11% and total cumulative return in cash reaches $287,770. For financing, Ziffy Mortgage’s DSCR program evaluates $5,206/mo property income against a $5,359/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29206, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,750 (100%) |
| Owner Occupied HU | 6,005 (61.6%) |
| Renter Occupied HU | 2,934 (30.1%) |
| Vacant Housing Units | 811 ( 8.3%) |
| Median Home Value | $366,544 |
| Average Home Value | $456,006 |
Housing Distribution
Address Breakdown
Residential
9,518
Single Family
8,079
Multi-Family
1,439
Businesses
554
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Listed by: Deborah Eadon Blair • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #606292
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC