254 Northwood StColumbiaSC29201
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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
Rental property for sale in Columbia at 254 Northwood St, Columbia, SC, 29201 offers $2,115/mo rent that, after a $1,441/mo payment, leaves $285/mo cash flow. Total monthly income is $2,115/mo, and annual cash flow is $3,424/yr on $97,627 cash. Return on cash invested measures 23.42% in year one, and rental yield stands at 8.62% at a $294,500 entry. Equity gained on principal adds $1,900/yr while 5% annual appreciation compounds into $81,365 by year five. Five-year ROI records 121.71% and total cumulative return in cash reaches $118,825. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,115/mo property income versus a $1,441/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
3,920 sqft lot
$N/A/sqft
$77 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29201, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,548 (100%) |
| Owner Occupied HU | 2,816 (19.4%) |
| Renter Occupied HU | 9,199 (63.2%) |
| Vacant Housing Units | 2,533 (17.4%) |
| Median Home Value | $266,991 |
| Average Home Value | $296,553 |
Housing Distribution
Address Breakdown
Residential
11,749
Single Family
5,092
Multi-Family
6,657
Businesses
2,441
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Listed by: Franklin Jones • Keller Williams Palmetto
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #607370
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC