316 Favorite CtWest ColumbiaSC29170
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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 West Columbia at 316 Favorite Ct, West Columbia, SC, 29170 generates $2,296/mo in rent and, after a $1,003/mo payment, leaves $1,007/mo in cash flow. Total monthly income is $2,296/mo, and annual cash flow is $12,085/yr on $67,958 invested. Return on cash invested sits at 37.69% in year one, and rental yield is 13.44% on a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 198.41% and total cumulative return in cash sums $134,838. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,296/mo property income rather than buyer’s personal income.
Townhouse
Built in 2014
N/A lot
$N/A/sqft
$69 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29170, West Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,476 (100%) |
| Owner Occupied HU | 7,860 (75.0%) |
| Renter Occupied HU | 1,892 (18.1%) |
| Vacant Housing Units | 724 ( 6.9%) |
| Median Home Value | $230,188 |
| Average Home Value | $272,206 |
Housing Distribution
Address Breakdown
Residential
9,779
Single Family
9,543
Multi-Family
236
Businesses
540
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Listed by: Hope Derrick • Keller Williams Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #600608
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC