6923 Wedgefield Rd, Columbia, SC, 29206 | $585/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Columbia at 6923 Wedgefield Rd, Columbia, SC, 29206 offers $2,193/mo rent that, after a $1,322/mo payment, leaves $585/mo cash flow. Total monthly income is $2,193/mo, and annual cash flow is $7,023/yr on $89,505 cash. Return on cash invested measures 27.76% in year one, and rental yield stands at 9.75% at a $270,000 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,596 by year five. Five-year ROI records 144.65% and total cumulative return in cash reaches $129,469. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,193/mo property income versus a $1,322/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1961

0.46 Acres 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