5516 Lakeshore Dr APT 412ColumbiaSC29206
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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 5516 Lakeshore Dr APT 412, Columbia, SC, 29206 earns $661/mo cash flow from $1,639/mo rent with a $607/mo payment. Total monthly income totals $1,639/mo, and annual cash flow totals $7,929/yr on $41,106 capital. ROI tracks 39.2% on current figures, and rental yield reads 15.86% at a $124,000 purchase. Equity gained on principal adds $800/yr, and 5% annual appreciation supports $34,259 over five years. Five-year ROI reaches 208.53% and total cumulative return in cash sums $85,719. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,639/mo property income instead of your personal income.
Condo
Built in 1968
N/A lot
$N/A/sqft
$240 monthly 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
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Listed by: Georgianna Siokos Evans • BHHS Midlands Real Estate
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #591171
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC