309 Patrick DrColumbiaSC29223
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 309 Patrick Dr, Columbia, SC, 29223 with 5% annual appreciation on a $315,000 basis while $3,050/mo rent supports operations. Total monthly income totals $3,050/mo and a $1,542/mo payment preserves $1,175/mo for cash returns. Annual cash flow comes to $14,096/yr on $104,423 deployed, and return on cash invested reaches 33.41% in year one. Equity gained on principal adds $2,033/yr, and five-year appreciation sums $87,029 alongside rental yield of 11.62%. Five-year ROI measures 174.93% and total cumulative return in cash totals $182,669.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,050/mo property income versus a $1,542/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2010
4,791 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas Shoupe • OpenDoor Brokerage LLC
Mls Name: Consolidated MLS
Mls ID: #622689