2608 Banner Hill 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
Investment property for sale in Columbia at 2608 Banner Hill Rd, Columbia, SC, 29209 earns $528/mo cash flow from $1,891/mo rent with a $1,121/mo payment. Total monthly income totals $1,891/mo, and annual cash flow totals $6,332/yr on $75,914 capital. ROI tracks 28.25% on current figures, and rental yield reads 9.91% at a $229,000 purchase. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 over five years. Five-year ROI reaches 147.28% and total cumulative return in cash sums $111,809. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,891/mo property income instead of your personal income.
Single Family
Built in 1985
10,018 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: Julian Hays • Todd Realty Partners
Mls Name: Consolidated MLS
Mls ID: #624013