402 New Brookland PlWest ColumbiaSC29169
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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
Rental property for sale in West Columbia at 402 New Brookland Pl, West Columbia, SC, 29169 priced at $157,000 converts $2,190/mo rent into $1,256/mo cash flow after a $768/mo obligation. Total monthly income equals $2,190/mo, and annual cash flow totals $15,070/yr on $52,046 invested. Return on cash invested prints 48.86% in year one, and rental yield reads 16.74% against a $157,000 entry. Equity gained on principal adds $1,013/yr, while 5% annual appreciation compiles into $43,376 by year five. Five-year ROI reaches 257.81% and total cumulative return in cash sums $134,180. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,190/mo property income covering a $768/mo payment, not borrower’s personal income.
Condo
Built in 1989
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29169, West Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,168 (100%) |
| Owner Occupied HU | 6,385 (48.5%) |
| Renter Occupied HU | 5,258 (39.9%) |
| Vacant Housing Units | 1,525 (11.6%) |
| Median Home Value | $228,228 |
| Average Home Value | $289,891 |
Housing Distribution
Address Breakdown
Residential
11,662
Single Family
10,118
Multi-Family
1,544
Businesses
1,424
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Listed by: Crystal Wallace • RE/MAX At The Lake
Mls Name: Consolidated MLS
Mls ID: #613443