2812 Cliffside DrColumbiaSC29209
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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 2812 Cliffside Dr, Columbia, SC, 29209 uses $94,478 cash to close to unlock $7,985/yr annual cash flow and $665/mo monthly cash flow. Total monthly income runs $2,362/mo, and a $1,395/mo payment keeps the spread at $665/mo. Purchase price stands at $285,000, and rental yield measures 9.95% with $2,362/mo rent. Return on cash invested shows 28.36% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 147.88% and total cumulative return in cash records $139,710. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,362/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.36 Acres 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: Shyda Stephens • LPT Realty LLC
Mls Name: Consolidated MLS
Mls ID: #620664