409 Wilkes Rd, Columbia, SC, 29203 | $388/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Columbia at 409 Wilkes Rd, Columbia, SC, 29203 offers $1,817/mo rent that, after a $1,175/mo payment, leaves $388/mo cash flow. Total monthly income is $1,817/mo, and annual cash flow is $4,656/yr on $79,560 cash. Return on cash invested measures 25.76% in year one, and rental yield stands at 9.09% at a $240,000 entry. Equity gained on principal adds $1,549/yr while 5% annual appreciation compounds into $66,308 by year five. Five-year ROI records 133.91% and total cumulative return in cash reaches $106,538. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,817/mo property income versus a $1,175/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1955

0.34 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