3067 Lindenwood DrColumbiaSC29204
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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
Rental property for sale in Columbia at 3067 Lindenwood Dr, Columbia, SC, 29204 priced at $234,900 converts $1,918/mo rent into $519/mo cash flow after a $1,150/mo obligation. Total monthly income equals $1,918/mo, and annual cash flow totals $6,233/yr on $77,869 invested. Return on cash invested prints 27.91% in year one, and rental yield reads 9.8% against a $234,900 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,899 by year five. Five-year ROI reaches 145.5% and total cumulative return in cash sums $113,301. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,918/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Single Family
Built in 1962
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29204, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,285 (100%) |
| Owner Occupied HU | 4,798 (51.7%) |
| Renter Occupied HU | 3,184 (34.3%) |
| Vacant Housing Units | 1,303 (14.0%) |
| Median Home Value | $238,178 |
| Average Home Value | $299,340 |
Housing Distribution
Address Breakdown
Residential
7,951
Single Family
6,943
Multi-Family
1,008
Businesses
885
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Listed by: Mike Matulis • Century 21 Vanguard
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #606784
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC