228 Long Iron CtWest ColumbiaSC29172
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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 West Columbia at 228 Long Iron Ct, West Columbia, SC, 29172 priced at $312,500 pairs $2,393/mo rent with $532/mo cash flow after a $1,530/mo payment. Total monthly income equals $2,393/mo, and annual cash flow comes to $6,387/yr on $103,594 invested. Return on cash invested is 26.07% in year one, and rental yield stands at 9.19% on a $312,500 basis. Equity gained on principal adds $2,017/yr, and 5% annual appreciation accumulates to $86,338 by year five. Five-year ROI measures 135.62% and total cumulative return in cash reaches $140,496. For financing, Ziffy Mortgage’s DSCR program evaluates $2,393/mo property income against a $1,530/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29172, West Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,704 (100%) |
| Owner Occupied HU | 3,045 (64.7%) |
| Renter Occupied HU | 1,145 (24.3%) |
| Vacant Housing Units | 514 (10.9%) |
| Median Home Value | $218,089 |
| Average Home Value | $248,896 |
Housing Distribution
Address Breakdown
Residential
4,059
Single Family
3,672
Multi-Family
387
Businesses
262
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Listed by: Patrick O'Connor • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls ID: #614961