696 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 696 Honeydew Dr, West Columbia, SC, 29170 with 5% annual appreciation on a $356,900 basis while $4,194/mo rent supports operations. Total monthly income totals $4,194/mo and a $1,747/mo payment preserves $2,069/mo for cash returns. Annual cash flow comes to $24,831/yr on $118,312 deployed, and return on cash invested reaches 40.9% in year one. Equity gained on principal adds $2,303/yr, and five-year appreciation sums $98,605 alongside rental yield of 14.1%. Five-year ROI measures 215.11% and total cumulative return in cash totals $254,504.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,194/mo property income versus a $1,747/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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