352 Hardwick 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
Rental property for sale in Columbia at 352 Hardwick Dr, Columbia, SC, 29223 priced at $274,765 converts $2,520/mo rent into $841/mo cash flow after a $1,345/mo obligation. Total monthly income equals $2,520/mo, and annual cash flow totals $10,091/yr on $91,085 invested. Return on cash invested prints 30.99% in year one, and rental yield reads 11.01% against a $274,765 entry. Equity gained on principal adds $1,773/yr, while 5% annual appreciation compiles into $75,913 by year five. Five-year ROI reaches 162.14% and total cumulative return in cash sums $147,681. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,520/mo property income covering a $1,345/mo payment, not borrower’s personal income.
Single Family
Built in 2024
6,098 sqft lot
$N/A/sqft
$520 annually 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: Shanika Flemming • Mungo Homes Properties LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #598473
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC