4402 Fair StColumbiaSC29203
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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 4402 Fair St, Columbia, SC, 29203 uses $37,128 cash to close to unlock $2,418/yr annual cash flow and $201/mo monthly cash flow. Total monthly income runs $868/mo, and a $548/mo payment keeps the spread at $201/mo. Purchase price stands at $112,000, and rental yield measures 9.3% with $868/mo rent. Return on cash invested shows 26.42% in year one, and 5% annual appreciation builds toward $30,944 over five years. Five-year ROI reaches 137.5% and total cumulative return in cash records $51,051. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $868/mo property income covering a $548/mo payment rather than investor’s personal income.
Single Family
Built in 1940
N/A 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 |
Housing Distribution
Address Breakdown
Residential
16,935
Single Family
15,872
Multi-Family
1,063
Businesses
1,170
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Listed by: Chris DeTreville • Auben Realty LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #614839
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC