601 Riverhill Cir APT A5ColumbiaSC29210
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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 Riverhill Cir APT A5, Columbia, SC, 29210 uses $33,150 cash to close to unlock $2,306/yr annual cash flow and $192/mo monthly cash flow. Total monthly income runs $787/mo, and a $489/mo payment keeps the spread at $192/mo. Purchase price stands at $100,000, and rental yield measures 9.44% with $787/mo rent. Return on cash invested shows 26.87% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 139.99% and total cumulative return in cash records $46,408. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $787/mo property income covering a $489/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29210, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,166 (100%) |
| Owner Occupied HU | 6,820 (35.6%) |
| Renter Occupied HU | 10,472 (54.6%) |
| Vacant Housing Units | 1,874 ( 9.8%) |
| Median Home Value | $195,610 |
| Average Home Value | $234,246 |
Housing Distribution
Address Breakdown
Residential
17,637
Single Family
10,741
Multi-Family
6,896
Businesses
1,419
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Listed by: Dana Wolfe • Wolfe and Taylor Inc
Mls Name: Consolidated MLS
Mls ID: #624385