705 Oakland AveWest ColumbiaSC29169
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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 West Columbia at 705 Oakland Ave, West Columbia, SC, 29169 offers a 9.74% rental yield on a $209,500 purchase with $1,700/mo rent. Total monthly income registers $1,700/mo, and a $1,025/mo payment leaves $453/mo available for distribution. Annual cash flow reaches $5,439/yr on $69,449 to close, and return on cash invested stands at 27.74% in year one. Equity gained on principal adds $1,352/yr while 5% annual appreciation supports $57,881 over five years. Portfolio math shows five-year ROI at 144.58% and total cumulative return in cash at $100,407. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,700/mo property income against a $1,025/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29169, West Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,168 (100%) |
| Owner Occupied HU | 6,385 (48.5%) |
| Renter Occupied HU | 5,258 (39.9%) |
| Vacant Housing Units | 1,525 (11.6%) |
| Median Home Value | $228,228 |
| Average Home Value | $289,891 |
Housing Distribution
Address Breakdown
Residential
11,662
Single Family
10,118
Multi-Family
1,544
Businesses
1,424
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Listed by: Patrick O'Connor • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls ID: #617387