406 Graymont AveColumbiaSC29205
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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 Columbia at 406 Graymont Ave, Columbia, SC, 29205 priced at $453,000 converts $1,478/mo rent into after a $2,217/mo obligation. Total monthly income equals $1,478/mo. Return on cash invested prints 10.17% in year one, and rental yield reads 3.92% against a $453,000 entry. Equity gained on principal adds $2,923/yr, while 5% annual appreciation compiles into $125,156 by year five. Five-year ROI reaches 50.33% and total cumulative return in cash sums $75,576. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,478/mo property income covering a $2,217/mo payment, not borrower’s personal income.
Multi Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29205, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,610 (100%) |
| Owner Occupied HU | 6,798 (49.9%) |
| Renter Occupied HU | 5,092 (37.4%) |
| Vacant Housing Units | 1,720 (12.6%) |
| Median Home Value | $346,573 |
| Average Home Value | $420,577 |
Housing Distribution
Address Breakdown
Residential
12,188
Single Family
10,741
Multi-Family
1,447
Businesses
780
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Listed by: Laine Ligon Jr • Bollin Ligon Walker Realtors
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #607065
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC