243 Wheat Farm RdColumbiaSC29209
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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 243 Wheat Farm Rd, Columbia, SC, 29209 priced at $284,900 pairs $2,386/mo rent with $661/mo cash flow after a $1,394/mo payment. Total monthly income equals $2,386/mo, and annual cash flow comes to $7,936/yr on $94,444 invested. Return on cash invested is 28.31% in year one, and rental yield stands at 10.05% on a $284,900 basis. Equity gained on principal adds $1,838/yr, and 5% annual appreciation accumulates to $78,713 by year five. Five-year ROI measures 147.76% and total cumulative return in cash reaches $139,547. For financing, Ziffy Mortgage’s DSCR program evaluates $2,386/mo property income against a $1,394/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
6,098 sqft lot
$N/A/sqft
$350 annually 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: Christy Bissen • SM South Carolina Brokerage LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #620961
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC