2901 Woodway LnColumbiaSC29223
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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 2901 Woodway Ln, Columbia, SC, 29223 listed at $190,000 pairs $1,482/mo rent with a $930/mo payment to leave $351/mo cash flow. Total monthly income runs $1,482/mo, and annual cash flow reaches $4,211/yr on $62,985 cash to close. Return on cash invested measures 26.59% in year one, and rental yield registers 9.36% at a $190,000 basis. Equity gained on principal adds $1,226/yr, and annual property appreciation at 5% supports $52,494 by year five. Five-year ROI tracks 138.4% and total cumulative return in cash totals $87,168. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,482/mo property income relative to a $930/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29223, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,326 (100%) |
| Owner Occupied HU | 13,839 (54.6%) |
| Renter Occupied HU | 9,663 (38.2%) |
| Vacant Housing Units | 1,824 ( 7.2%) |
| Median Home Value | $237,719 |
| Average Home Value | $279,017 |
Housing Distribution
Address Breakdown
Residential
23,768
Single Family
18,656
Multi-Family
5,112
Businesses
1,541
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Listed by: Gail Lee • Palmetto Homes and Land Realty
Mls Name: Consolidated MLS
Mls ID: #615827