302 Longbow CtColumbiaSC29212
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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 302 Longbow Ct, Columbia, SC, 29212 uses $132,269 cash to close to unlock $9,873/yr annual cash flow and $823/mo monthly cash flow. Total monthly income runs $3,198/mo, and a $1,953/mo payment keeps the spread at $823/mo. Purchase price stands at $399,000, and rental yield measures 9.62% with $3,198/mo rent. Return on cash invested shows 27.37% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 142.57% and total cumulative return in cash records $188,570. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,198/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Single Family
Built in 1986
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29212, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,392 (100%) |
| Owner Occupied HU | 9,755 (67.8%) |
| Renter Occupied HU | 3,792 (26.3%) |
| Vacant Housing Units | 845 ( 5.9%) |
| Median Home Value | $261,900 |
| Average Home Value | $331,148 |
Housing Distribution
Address Breakdown
Residential
13,858
Single Family
11,610
Multi-Family
2,248
Businesses
828
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Listed by: Sarah Bennett • Better Homes and Gardens Real Est Medley
Mls Name: Consolidated MLS
Mls ID: #618613