304 Bournemouth Way, Columbia, SC, 29229 | $1,407/mo Cash Flow

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
4 Bath
3301 sft

833 Mandan Dr, Elgin, SC, 29045

4 Bed
4 Bath
2920 sft

1524 Wheeler Rd, Columbia, SC, 29204

4 Bed
3 Bath
2325 sft

1621 Sewanee Dr, West Columbia, SC, 29169

5 Bed
3 Bath
3619 sft

584 Wild Hickory Ln, Blythewood, SC, 29016

Nearby investment properties with comparable prices

2 Bed
2 Bath
912 sft

7551 Longtown Rd, Ridgeway, SC, 29130

4 Bed
3 Bath
2212 sft

1758 McSwain Dr, West Columbia, SC, 29169

4 Bed
2 Bath
2258 sft

334 Spruce Glen Rd, Lexington, SC, 29072

3 Bed
2 Bath
1913 sft

113 Monroe Preserve Dr, Chapin, SC, 29036

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Columbia at 304 Bournemouth Way, Columbia, SC, 29229 uses $152,490 cash to close to unlock $16,886/yr annual cash flow and $1,407/mo monthly cash flow. Total monthly income runs $4,180/mo, and a $2,251/mo payment keeps the spread at $1,407/mo. Purchase price stands at $460,000, and rental yield measures 10.9% with $4,180/mo rent. Return on cash invested shows 30.98% in year one, and 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 162.03% and total cumulative return in cash records $247,081. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,180/mo property income covering a $2,251/mo payment rather than investor’s personal income.

Single Family

Built in 2014

8,712 sqft lot

$N/A/sqft

$420 annually 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