614 North StWest ColumbiaSC29169
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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
Rental property for sale in West Columbia at 614 North St, West Columbia, SC, 29169 priced at $545,000 converts $1,343/mo rent into after a $2,668/mo obligation. Total monthly income equals $1,343/mo. Return on cash invested prints 6.03% in year one, and rental yield reads 2.96% against a $545,000 entry. Equity gained on principal adds $3,517/yr, while 5% annual appreciation compiles into $150,573 by year five. Five-year ROI reaches 28.52% and total cumulative return in cash sums $51,132. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,343/mo property income covering a $2,668/mo payment, not borrower’s personal income.
Multi Family
Built in 1950
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29169, West Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,168 (100%) |
| Owner Occupied HU | 6,385 (48.5%) |
| Renter Occupied HU | 5,258 (39.9%) |
| Vacant Housing Units | 1,525 (11.6%) |
| Median Home Value | $228,228 |
| Average Home Value | $289,891 |
Housing Distribution
Address Breakdown
Residential
11,662
Single Family
10,118
Multi-Family
1,544
Businesses
1,424
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Listed by: Christopher P Bunge • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #600804
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC