4 Rice Pointe CtColumbiaSC29203
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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 4 Rice Pointe Ct, Columbia, SC, 29203 with 5% annual appreciation on a $234,900 basis while $1,681/mo rent supports operations. Total monthly income totals $1,681/mo and a $1,150/mo payment preserves $282/mo for cash returns. Annual cash flow comes to $3,389/yr on $77,869 deployed, and return on cash invested reaches 24.26% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,899 alongside rental yield of 8.59%. Five-year ROI measures 125.91% and total cumulative return in cash totals $98,049.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,681/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
0.29 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: Isaac Badillo • United Real Estate SC
Mls Name: Consolidated MLS
Mls ID: #613387