309 Rossclan RdWest ColumbiaSC29172
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
Rental property for sale in West Columbia at 309 Rossclan Rd, West Columbia, SC, 29172 offers $1,709/mo rent that, after a $959/mo payment, leaves $543/mo cash flow. Total monthly income is $1,709/mo, and annual cash flow is $6,511/yr on $64,974 cash. Return on cash invested measures 29.93% in year one, and rental yield stands at 10.46% at a $196,000 entry. Equity gained on principal adds $1,265/yr while 5% annual appreciation compounds into $54,151 by year five. Five-year ROI records 156.3% and total cumulative return in cash reaches $101,556. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,709/mo property income versus a $959/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29172, West Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,704 (100%) |
| Owner Occupied HU | 3,045 (64.7%) |
| Renter Occupied HU | 1,145 (24.3%) |
| Vacant Housing Units | 514 (10.9%) |
| Median Home Value | $218,089 |
| Average Home Value | $248,896 |
Housing Distribution
Address Breakdown
Residential
4,059
Single Family
3,672
Multi-Family
387
Businesses
262
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Listed by: Coretta Little • Little Legacy Realty
Mls Name: Consolidated MLS
Mls ID: #620464