619 King St APT 710ColumbiaSC29205
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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 Columbia at 619 King St APT 710, Columbia, SC, 29205 generates $1,611/mo in rent and, after a $1,101/mo payment, leaves $272/mo in cash flow. Total monthly income is $1,611/mo, and annual cash flow is $3,263/yr on $74,588 invested. Return on cash invested sits at 24.28% in year one, and rental yield is 8.59% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 125.98% and total cumulative return in cash sums $93,969. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,611/mo property income rather than buyer’s personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29205, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,610 (100%) |
| Owner Occupied HU | 6,798 (49.9%) |
| Renter Occupied HU | 5,092 (37.4%) |
| Vacant Housing Units | 1,720 (12.6%) |
| Median Home Value | $346,573 |
| Average Home Value | $420,577 |
Housing Distribution
Address Breakdown
Residential
12,188
Single Family
10,741
Multi-Family
1,447
Businesses
780
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Listed by: Anne Bagnal • Yip Premier Real Estate LLC
Mls Name: Consolidated MLS
Mls ID: #622728