601 Main St APT 425ColumbiaSC29201
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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 601 Main St APT 425, Columbia, SC, 29201 earns from $2,898/mo rent with a $1,933/mo payment. Total monthly income totals $2,898/mo. ROI tracks 17.68% on current figures, and rental yield reads 8.81% at a $394,900 purchase. Equity gained on principal adds $2,548/yr, and 5% annual appreciation supports $109,104 over five years. Five-year ROI reaches 93.24% and total cumulative return in cash sums $122,063. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,898/mo property income instead of your personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
$790 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29201, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,548 (100%) |
| Owner Occupied HU | 2,816 (19.4%) |
| Renter Occupied HU | 9,199 (63.2%) |
| Vacant Housing Units | 2,533 (17.4%) |
| Median Home Value | $266,991 |
| Average Home Value | $296,553 |
Housing Distribution
Address Breakdown
Residential
11,749
Single Family
5,092
Multi-Family
6,657
Businesses
2,441
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Listed by: Heidi W Brown • EXIT Real Est Consultants
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #606472
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC