368 Soundside RdColumbiaNC27925
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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 368 Soundside Rd, Columbia, NC, 27925 offers a 1.39% rental yield on a $1,199,000 purchase with $1,385/mo rent. 07% in year one. Equity gained on principal adds $7,737/yr while 5% annual appreciation supports $331,262 over five years. Portfolio math shows five-year ROI at 6.99% and total cumulative return in cash at $27,141. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,385/mo property income against a $5,869/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1901
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27925, Columbia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,920 (100%) |
| Owner Occupied HU | 1,006 (52.4%) |
| Renter Occupied HU | 390 (20.3%) |
| Vacant Housing Units | 524 (27.3%) |
| Median Home Value | $210,169 |
| Average Home Value | $256,720 |
Housing Distribution
Address Breakdown
Residential
1,200
Single Family
1,200
Multi-Family
0
Businesses
129
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Listed by: Bryan K DeHart • NC Land and Farms Inc dba Mossy Oak Properties
Mls Name: OBAR
Mls Provider:
Mls ID: #125413
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.