688 Honeydew DrWest ColumbiaSC29170
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 West Columbia at 688 Honeydew Dr, West Columbia, SC, 29170 earns $2,230/mo cash flow from $4,194/mo rent with a $1,615/mo payment. Total monthly income totals $4,194/mo, and annual cash flow totals $26,758/yr on $109,362 capital. ROI tracks 44.38% on current figures, and rental yield reads 15.26% at a $329,900 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 over five years. Five-year ROI reaches 233.74% and total cumulative return in cash sums $255,627. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,194/mo property income instead of your personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Stanley Martin Homes
Mls Name: Stanley Martin Homes
Mls Provider:
Mls ID: #N/A