301 Lake Carolina BlvdColumbiaSC29229
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 301 Lake Carolina Blvd, Columbia, SC, 29229 earns $642/mo cash flow from $2,725/mo rent with a $1,713/mo payment. Total monthly income totals $2,725/mo, and annual cash flow totals $7,699/yr on $116,025 capital. ROI tracks 26.54% on current figures, and rental yield reads 9.34% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 138.12% and total cumulative return in cash sums $160,250. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,725/mo property income instead of your personal income.
Single Family
Built in 2003
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29229, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,849 (100%) |
| Owner Occupied HU | 16,516 (75.6%) |
| Renter Occupied HU | 4,178 (19.1%) |
| Vacant Housing Units | 1,155 ( 5.3%) |
| Median Home Value | $264,697 |
| Average Home Value | $299,180 |
Housing Distribution
Address Breakdown
Residential
21,627
Single Family
19,314
Multi-Family
2,313
Businesses
1,141
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Taley Hunt • Keller Williams Preferred
Mls Name: Consolidated MLS
Mls ID: #616901