245 Cogburn RdColumbiaSC29229
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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 Columbia at 245 Cogburn Rd, Columbia, SC, 29229 earns $671/mo cash flow from $2,023/mo rent with a $1,101/mo payment. Total monthly income totals $2,023/mo, and annual cash flow totals $8,057/yr on $74,588 capital. ROI tracks 30.71% on current figures, and rental yield reads 10.79% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 160.56% and total cumulative return in cash sums $119,757. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,023/mo property income instead of your personal income.
Single Family
Built in 2007
0.44 Acres lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29229, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,849 (100%) |
| Owner Occupied HU | 16,516 (75.6%) |
| Renter Occupied HU | 4,178 (19.1%) |
| Vacant Housing Units | 1,155 ( 5.3%) |
| Median Home Value | $264,697 |
| Average Home Value | $299,180 |
Housing Distribution
Address Breakdown
Residential
21,627
Single Family
19,314
Multi-Family
2,313
Businesses
1,141
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Listed by: Carolyn H Taylor • Taylor Made Realty LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #617971
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC