3805 Lamar StColumbiaSC29203
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
Total monthly income runs $1,216/mo, and a $2,344/mo payment. Purchase price stands at $479,000, and rental yield measures 3.05% with $1,216/mo rent. Return on cash invested shows 7.55% in year one, and 5% annual appreciation builds toward $132,339 over five years. Five-year ROI reaches 36.3% and total cumulative return in cash records $57,639. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,216/mo property income covering a $2,344/mo payment rather than investor’s personal income.
Multi Family
Built in 1900
0.32 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher P Bunge • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #610131
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC