415 N Light StColumbiaNC27925
Nearby investment properties with comparable rents
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 415 N Light St, Columbia, NC, 27925 listed at $175,000 pairs $1,687/mo rent with a $857/mo payment to leave $620/mo cash flow. Total monthly income runs $1,687/mo, and annual cash flow reaches $7,440/yr on $58,013 cash to close. Return on cash invested measures 32.73% in year one, and rental yield registers 11.57% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 171.47% and total cumulative return in cash totals $99,475. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,687/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27925, Columbia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,920 (100%) |
| Owner Occupied HU | 1,006 (52.4%) |
| Renter Occupied HU | 390 (20.3%) |
| Vacant Housing Units | 524 (27.3%) |
| Median Home Value | $210,169 |
| Average Home Value | $256,720 |
Housing Distribution
Address Breakdown
Residential
1,200
Single Family
1,200
Multi-Family
0
Businesses
129
Nearby investment properties with comparable rents
Listed by: Kate Harrell • Harrell & Associates
Mls Name: OBAR
Mls ID: #130973