310 Shoreline DrColumbiaSC29212
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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 310 Shoreline Dr, Columbia, SC, 29212 priced at $325,000 converts $2,255/mo rent into $320/mo cash flow after a $1,591/mo obligation. Total monthly income equals $2,255/mo, and annual cash flow totals $3,841/yr on $107,738 invested. Return on cash invested prints 23.47% in year one, and rental yield reads 8.33% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 121.7% and total cumulative return in cash sums $131,113. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,255/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Condo
Built in 1982
N/A 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: Meg Robinson • Fathom Realty SC LLC
Mls Name: Consolidated MLS
Mls ID: #614666