6509 Cleaton Rd #C-111ColumbiaSC29206
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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 6509 Cleaton Rd #C-111, Columbia, SC, 29206 offers a 11.96% rental yield on a $160,000 purchase with $1,595/mo rent. Total monthly income registers $1,595/mo, and a $783/mo payment leaves $643/mo available for distribution. Annual cash flow reaches $7,712/yr on $53,040 to close, and return on cash invested stands at 34.45% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,205 over five years. Portfolio math shows five-year ROI at 180.52% and total cumulative return in cash at $95,750. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,595/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29206, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,750 (100%) |
| Owner Occupied HU | 6,005 (61.6%) |
| Renter Occupied HU | 2,934 (30.1%) |
| Vacant Housing Units | 811 ( 8.3%) |
| Median Home Value | $366,544 |
| Average Home Value | $456,006 |
Housing Distribution
Address Breakdown
Residential
9,518
Single Family
8,079
Multi-Family
1,439
Businesses
554
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Listed by: Sonnie Hernandez • ERA Wilder Realty
Mls Name: Consolidated MLS
Mls ID: #625363