6347 Cloverdale DrColumbiaSC29209
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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 6347 Cloverdale Dr, Columbia, SC, 29209 priced at $367,000 pairs $2,428/mo rent with $244/mo cash flow after a $1,796/mo payment. Total monthly income equals $2,428/mo, and annual cash flow comes to $2,923/yr on $121,661 invested. Return on cash invested is 22.31% in year one, and rental yield stands at 7.94% on a $367,000 basis. Equity gained on principal adds $2,368/yr, and 5% annual appreciation accumulates to $101,395 by year five. Five-year ROI measures 115.42% and total cumulative return in cash reaches $140,423. For financing, Ziffy Mortgage’s DSCR program evaluates $2,428/mo property income against a $1,796/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29209, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,612 (100%) |
| Owner Occupied HU | 10,573 (60.0%) |
| Renter Occupied HU | 6,085 (34.6%) |
| Vacant Housing Units | 954 ( 5.4%) |
| Median Home Value | $223,804 |
| Average Home Value | $311,122 |
Housing Distribution
Address Breakdown
Residential
16,357
Single Family
14,261
Multi-Family
2,096
Businesses
855
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Listed by: Kristy Harmon • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #600753
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC