504 Idlewood Park DrWest ColumbiaSC29170
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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 West Columbia at 504 Idlewood Park Dr, West Columbia, SC, 29170 uses $65,969 cash to close to unlock $8,705/yr annual cash flow and $725/mo monthly cash flow. Total monthly income runs $1,910/mo, and a $974/mo payment keeps the spread at $725/mo. Purchase price stands at $199,000, and rental yield measures 11.52% with $1,910/mo rent. Return on cash invested shows 33.1% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 173.35% and total cumulative return in cash records $114,354. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,910/mo property income covering a $974/mo payment rather than investor’s personal income.
Townhouse
Built in 2011
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29170, West Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,476 (100%) |
| Owner Occupied HU | 7,860 (75.0%) |
| Renter Occupied HU | 1,892 (18.1%) |
| Vacant Housing Units | 724 ( 6.9%) |
| Median Home Value | $230,188 |
| Average Home Value | $272,206 |
Housing Distribution
Address Breakdown
Residential
9,779
Single Family
9,543
Multi-Family
236
Businesses
540
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Listed by: Bonni Jeffers • NextHome Specialists
Mls Name: Consolidated MLS
Mls ID: #618337