639 Veterans RdColumbiaSC29209
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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 639 Veterans Rd, Columbia, SC, 29209 with 5% annual appreciation on a $224,000 basis while $1,720/mo rent supports operations. Total monthly income totals $1,720/mo and a $1,096/mo payment preserves $387/mo for cash returns. Annual cash flow comes to $4,643/yr on $74,256 deployed, and return on cash invested reaches 26.16% in year one. Equity gained on principal adds $1,445/yr, and five-year appreciation sums $61,887 alongside rental yield of 9.21%. Five-year ROI measures 136.06% and total cumulative return in cash totals $101,035.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,720/mo property income versus a $1,096/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
0.30 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: Elizabeth Wyman • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls ID: #624590