2312 Rainbow DrWest ColumbiaSC29169
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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
Investment property for sale in West Columbia at 2312 Rainbow Dr, West Columbia, SC, 29169 at $238,000 posts ROI 19.97% with $4/mo cash flow from $1,421/mo rent. Total monthly income equals $1,421/mo, and annual cash flow records $49/yr on $78,897 to close. Return on cash invested measures 19.97% and rental yield reads 7.16% at the current $238,000. Equity gained on principal adds $1,536/yr, and 5% annual appreciation supports $65,755 by year five. Five-year ROI prints 102.92% and total cumulative return in cash totals $81,202.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,421/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29169, West Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,168 (100%) |
| Owner Occupied HU | 6,385 (48.5%) |
| Renter Occupied HU | 5,258 (39.9%) |
| Vacant Housing Units | 1,525 (11.6%) |
| Median Home Value | $228,228 |
| Average Home Value | $289,891 |
Housing Distribution
Address Breakdown
Residential
11,662
Single Family
10,118
Multi-Family
1,544
Businesses
1,424
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Listed by: Amber Wingard • Realty One Group Reside
Mls Name: Consolidated MLS
Mls ID: #608025