474 Spring Lake RdColumbiaSC29206
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
Investment property for sale in Columbia at 474 Spring Lake Rd, Columbia, SC, 29206 earns from $2,971/mo rent with a $3,573/mo payment. Total monthly income totals $2,971/mo. ROI tracks 13.19% on current figures, and rental yield reads 4.88% at a $730,000 purchase. Equity gained on principal adds $4,711/yr, and 5% annual appreciation supports $201,686 over five years. Five-year ROI reaches 66.48% and total cumulative return in cash sums $159,674. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,971/mo property income instead of your personal income.
Single Family
Built in 1957
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29206, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,750 (100%) |
| Owner Occupied HU | 6,005 (61.6%) |
| Renter Occupied HU | 2,934 (30.1%) |
| Vacant Housing Units | 811 ( 8.3%) |
| Median Home Value | $366,544 |
| Average Home Value | $456,006 |
Housing Distribution
Address Breakdown
Residential
9,518
Single Family
8,079
Multi-Family
1,439
Businesses
554
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andy Walker • Bollin Ligon Walker Realtors
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #609725
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC