348 Rutledge PlColumbiaSC29212
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 348 Rutledge Pl, Columbia, SC, 29212 at $177,500 posts ROI 33.8% with $681/mo cash flow from $1,999/mo rent. Total monthly income equals $1,999/mo, and annual cash flow records $8,174/yr on $58,841 to close. Return on cash invested measures 33.8% and rental yield reads 13.51% at the current $177,500. Equity gained on principal adds $1,145/yr, and 5% annual appreciation supports $49,040 by year five. Five-year ROI prints 179.02% and total cumulative return in cash totals $105,336.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,999/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1974
4,356 sqft lot
$N/A/sqft
$261 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rhonda Jacobs Walsh • Home Advantage Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #591759
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC