3603 Phillips StColumbiaSC29203
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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
Investment property for sale in Columbia at 3603 Phillips St, Columbia, SC, 29203 earns $426/mo cash flow from $1,259/mo rent with a $685/mo payment. Total monthly income totals $1,259/mo, and annual cash flow totals $5,110/yr on $46,410 capital. ROI tracks 30.92% on current figures, and rental yield reads 10.79% at a $140,000 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 over five years. Five-year ROI reaches 161.6% and total cumulative return in cash sums $74,998. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,259/mo property income instead of your personal income.
Single Family
Built in 1900
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29203, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,188 (100%) |
| Owner Occupied HU | 9,182 (47.9%) |
| Renter Occupied HU | 7,860 (41.0%) |
| Vacant Housing Units | 2,146 (11.2%) |
| Median Home Value | $190,357 |
| Average Home Value | $287,559 |
Housing Distribution
Address Breakdown
Residential
16,935
Single Family
15,872
Multi-Family
1,063
Businesses
1,170
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Listed by: Pearson Fowler • The Fowler Company
Mls Name: Consolidated MLS
Mls ID: #621353