418 S Ravenel StColumbiaSC29205
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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 418 S Ravenel St, Columbia, SC, 29205 uses $114,368 cash to close to unlock $1,583/yr annual cash flow and $132/mo monthly cash flow. Total monthly income runs $2,186/mo, and a $1,689/mo payment keeps the spread at $132/mo. Purchase price stands at $345,000, and rental yield measures 7.6% with $2,186/mo rent. Return on cash invested shows 21.29% in year one, and 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 109.95% and total cumulative return in cash records $125,752. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,186/mo property income covering a $1,689/mo payment rather than investor’s personal income.
Single Family
Built in 1937
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: Mary Lane Sloan • The ART of Real Estate
Mls Name: Consolidated MLS
Mls ID: #618773