708 Fairway LnColumbiaSC29210
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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 Columbia at 708 Fairway Ln, Columbia, SC, 29210 with 5% annual appreciation on a $339,660 basis while $2,067/mo rent supports operations. Total monthly income totals $2,067/mo and a $1,662/mo payment preserves $46/mo for cash returns. Annual cash flow comes to $546/yr on $112,597 deployed, and return on cash invested reaches 20.39% in year one. Equity gained on principal adds $2,192/yr, and five-year appreciation sums $93,842 alongside rental yield of 7.3%. Five-year ROI measures 105.14% and total cumulative return in cash totals $118,387.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,067/mo property income versus a $1,662/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1969
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29210, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,166 (100%) |
| Owner Occupied HU | 6,820 (35.6%) |
| Renter Occupied HU | 10,472 (54.6%) |
| Vacant Housing Units | 1,874 ( 9.8%) |
| Median Home Value | $195,610 |
| Average Home Value | $234,246 |
Housing Distribution
Address Breakdown
Residential
17,637
Single Family
10,741
Multi-Family
6,896
Businesses
1,419
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Listed by: Liz Anderson • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls ID: #624028