257 Wheat Farm RdColumbiaSC29209
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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 257 Wheat Farm Rd, Columbia, SC, 29209 generates $2,656/mo in rent and, after a $1,480/mo payment, leaves $856/mo in cash flow. Total monthly income is $2,656/mo, and annual cash flow is $10,272/yr on $100,246 invested. Return on cash invested sits at 30.16% in year one, and rental yield is 10.54% on a $302,400 entry. Equity gained on principal adds $1,951/yr, while 5% annual appreciation builds toward $83,548 over five years. Five-year ROI reaches 157.47% and total cumulative return in cash sums $157,857. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,656/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
6,098 sqft lot
$N/A/sqft
No 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: Amy Piner • SM South Carolina Brokerage LLC
Mls Name: Consolidated MLS
Mls ID: #624317