755 Burnside DrColumbiaSC29209
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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 755 Burnside Dr, Columbia, SC, 29209 generates $1,994/mo in rent and, after a $1,158/mo payment, leaves $586/mo in cash flow. Total monthly income is $1,994/mo, and annual cash flow is $7,028/yr on $78,400 invested. Return on cash invested sits at 28.87% in year one, and rental yield is 10.12% on a $236,500 entry. Equity gained on principal adds $1,526/yr, while 5% annual appreciation builds toward $65,341 over five years. Five-year ROI reaches 150.62% and total cumulative return in cash sums $118,087. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,994/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
2,700 sqft lot
$N/A/sqft
No 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 |
Housing Distribution
Address Breakdown
Residential
16,357
Single Family
14,261
Multi-Family
2,096
Businesses
855
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Listed by: Chauncey Hilliard • EXIT Real Est Consultants
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #611043
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC