716 Laurel Hill LnColumbiaSC29201
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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 716 Laurel Hill Ln, Columbia, SC, 29201 priced at $205,000 pairs $1,974/mo rent with $754/mo cash flow after a $1,003/mo payment. Total monthly income equals $1,974/mo, and annual cash flow comes to $9,049/yr on $67,958 invested. Return on cash invested is 33.22% in year one, and rental yield stands at 11.56% on a $205,000 basis. Equity gained on principal adds $1,323/yr, and 5% annual appreciation accumulates to $56,638 by year five. Five-year ROI measures 174.01% and total cumulative return in cash reaches $118,254. For financing, Ziffy Mortgage’s DSCR program evaluates $1,974/mo property income against a $1,003/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29201, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,548 (100%) |
| Owner Occupied HU | 2,816 (19.4%) |
| Renter Occupied HU | 9,199 (63.2%) |
| Vacant Housing Units | 2,533 (17.4%) |
| Median Home Value | $266,991 |
| Average Home Value | $296,553 |
Housing Distribution
Address Breakdown
Residential
11,749
Single Family
5,092
Multi-Family
6,657
Businesses
2,441
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Listed by: Kelsey Long • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls ID: #617669