721 Phipps Ln, Columbia, SC, 29209 | $752/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Columbia at 721 Phipps Ln, Columbia, SC, 29209 with 5% annual appreciation on a $314,900 basis while $2,656/mo rent supports operations. Total monthly income totals $2,656/mo and a $1,541/mo payment preserves $752/mo for cash returns. Annual cash flow comes to $9,021/yr on $104,389 deployed, and return on cash invested reaches 28.55% in year one. Equity gained on principal adds $2,032/yr, and five-year appreciation sums $87,001 alongside rental yield of 10.12%. Five-year ROI measures 149% and total cumulative return in cash totals $155,542.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,656/mo property income versus a $1,541/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2022

6,534 sqft lot

$N/A/sqft

$360 annually HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 29209, Columbia, SC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,612 (100%)
Owner Occupied HU	10,573 (60.0%)
Renter Occupied HU	6,085 (34.6%)
Vacant Housing Units	954 ( 5.4%)
Median Home Value	$223,804
Average Home Value	$311,122