7008 Cornelius DrColumbiaSC29203








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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
Rental property for sale in Columbia at 7008 Cornelius Dr, Columbia, SC, 29203 offers $1,819/mo rent that, after a $954/mo payment, leaves $659/mo cash flow. Total monthly income is $1,819/mo, and annual cash flow is $7,904/yr on $64,643 cash. Return on cash invested measures 32.14% in year one, and rental yield stands at 11.19% at a $195,000 entry. Equity gained on principal adds $1,258/yr while 5% annual appreciation compounds into $53,875 by year five. Five-year ROI records 168.13% and total cumulative return in cash reaches $108,682. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,819/mo property income versus a $954/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
7,405 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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Listed by: Tracy R Chavis • ERA Wilder Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #585928
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC








