226 Mariners RowColumbiaSC29212
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Nearby investment properties with comparable prices
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 226 Mariners Row, Columbia, SC, 29212 priced at $339,900 pairs $2,566/mo rent with $15/mo cash flow after a $1,664/mo payment. Total monthly income equals $2,566/mo, and annual cash flow comes to $183/yr on $112,677 invested. Return on cash invested is 20.07% in year one, and rental yield stands at 9.06% on a $339,900 basis. Equity gained on principal adds $2,193/yr, and 5% annual appreciation accumulates to $93,908 by year five. Five-year ROI measures 105.48% and total cumulative return in cash reaches $118,847. For financing, Ziffy Mortgage’s DSCR program evaluates $2,566/mo property income against a $1,664/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1978
1,306 sqft lot
$N/A/sqft
$527 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29212, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,392 (100%) |
| Owner Occupied HU | 9,755 (67.8%) |
| Renter Occupied HU | 3,792 (26.3%) |
| Vacant Housing Units | 845 ( 5.9%) |
| Median Home Value | $261,900 |
| Average Home Value | $331,148 |
Housing Distribution
Address Breakdown
Residential
13,858
Single Family
11,610
Multi-Family
2,248
Businesses
828
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Listed by: John Brock • Next Step Real Estate Group LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #597551
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC