3937 W Buchanan DrColumbiaSC29206
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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 3937 W Buchanan Dr, Columbia, SC, 29206 listed at $217,500 pairs $1,817/mo rent with a $1,065/mo payment to leave $522/mo cash flow. Total monthly income runs $1,817/mo, and annual cash flow reaches $6,262/yr on $72,101 cash to close. Return on cash invested measures 28.59% in year one, and rental yield registers 10.02% at a $217,500 basis. Equity gained on principal adds $1,403/yr, and annual property appreciation at 5% supports $60,091 by year five. Five-year ROI tracks 149.12% and total cumulative return in cash totals $107,514. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,817/mo property income relative to a $1,065/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29206, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,750 (100%) |
| Owner Occupied HU | 6,005 (61.6%) |
| Renter Occupied HU | 2,934 (30.1%) |
| Vacant Housing Units | 811 ( 8.3%) |
| Median Home Value | $366,544 |
| Average Home Value | $456,006 |
Housing Distribution
Address Breakdown
Residential
9,518
Single Family
8,079
Multi-Family
1,439
Businesses
554
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Listed by: Aaron P Carde' • Chucktown Homes - Keller Williams
Mls Name: Consolidated MLS
Mls ID: #619936