624 Honeydew DrWest ColumbiaSC29170
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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 624 Honeydew Dr, West Columbia, SC, 29170 generates $2,620/mo in rent and, after a $1,729/mo payment, leaves $488/mo in cash flow. Total monthly income is $2,620/mo, and annual cash flow is $5,857/yr on $117,073 invested. Return on cash invested sits at 24.91% in year one, and rental yield is 8.9% on a $353,161 entry. Equity gained on principal adds $2,279/yr, while 5% annual appreciation builds toward $97,572 over five years. Five-year ROI reaches 129.52% and total cumulative return in cash sums $151,630. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,620/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
8,712 sqft lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29170, West Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,476 (100%) |
| Owner Occupied HU | 7,860 (75.0%) |
| Renter Occupied HU | 1,892 (18.1%) |
| Vacant Housing Units | 724 ( 6.9%) |
| Median Home Value | $230,188 |
| Average Home Value | $272,206 |
Housing Distribution
Address Breakdown
Residential
9,779
Single Family
9,543
Multi-Family
236
Businesses
540
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Listed by: Karl Radley • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #621801
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC