4510 Colonial DrColumbiaSC29203
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4510 Colonial Dr, Columbia, SC, 29203 priced at $119,000 pairs $987/mo rent with $279/mo cash flow after a $582/mo payment. Total monthly income equals $987/mo, and annual cash flow comes to $3,349/yr on $39,449 invested. Return on cash invested is 28.4% in year one, and rental yield stands at 9.95% on a $119,000 basis. Equity gained on principal adds $768/yr, and 5% annual appreciation accumulates to $32,878 by year five. Five-year ROI measures 148.19% and total cumulative return in cash reaches $58,457. For financing, Ziffy Mortgage’s DSCR program evaluates $987/mo property income against a $582/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1940
5,662 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heidi W Brown • EXIT Real Est Consultants
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #606969
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC