3905 Forest Dr APT DColumbiaSC29204
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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 3905 Forest Dr APT D, Columbia, SC, 29204 offers a 19.28% rental yield on a $127,500 purchase with $2,048/mo rent. Total monthly income registers $2,048/mo, and a $624/mo payment leaves $1,001/mo available for distribution. Annual cash flow reaches $12,013/yr on $42,266 to close, and return on cash invested stands at 48.33% in year one. Equity gained on principal adds $823/yr while 5% annual appreciation supports $35,226 over five years. Portfolio math shows five-year ROI at 258.04% and total cumulative return in cash at $109,066. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,048/mo property income against a $624/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1966
43.56 sqft lot
$N/A/sqft
$288 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29204, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,285 (100%) |
| Owner Occupied HU | 4,798 (51.7%) |
| Renter Occupied HU | 3,184 (34.3%) |
| Vacant Housing Units | 1,303 (14.0%) |
| Median Home Value | $238,178 |
| Average Home Value | $299,340 |
Housing Distribution
Address Breakdown
Residential
7,951
Single Family
6,943
Multi-Family
1,008
Businesses
885
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Listed by: Jt Livingston • Keller Williams Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #592572
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC