6508 Margate StColumbiaSC29203
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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 6508 Margate St, Columbia, SC, 29203 offers a 13.24% rental yield on a $148,600 purchase with $1,640/mo rent. Total monthly income registers $1,640/mo, and a $727/mo payment leaves $756/mo available for distribution. Annual cash flow reaches $9,069/yr on $49,261 to close, and return on cash invested stands at 38.32% in year one. Equity gained on principal adds $959/yr while 5% annual appreciation supports $41,055 over five years. Portfolio math shows five-year ROI at 201.26% and total cumulative return in cash at $99,142. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,640/mo property income against a $727/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
8,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29203, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,188 (100%) |
| Owner Occupied HU | 9,182 (47.9%) |
| Renter Occupied HU | 7,860 (41.0%) |
| Vacant Housing Units | 2,146 (11.2%) |
| Median Home Value | $190,357 |
| Average Home Value | $287,559 |
Housing Distribution
Address Breakdown
Residential
16,935
Single Family
15,872
Multi-Family
1,063
Businesses
1,170
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