821 E Steele RdWest ColumbiaSC29170
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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 821 E Steele Rd, West Columbia, SC, 29170 offers a 11.09% rental yield on a $181,000 purchase with $1,672/mo rent. Total monthly income registers $1,672/mo, and a $886/mo payment leaves $594/mo available for distribution. Annual cash flow reaches $7,133/yr on $60,002 to close, and return on cash invested stands at 31.8% in year one. Equity gained on principal adds $1,168/yr while 5% annual appreciation supports $50,007 over five years. Portfolio math shows five-year ROI at 166.35% and total cumulative return in cash at $99,811. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,672/mo property income against a $886/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29170, West Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,476 (100%) |
| Owner Occupied HU | 7,860 (75.0%) |
| Renter Occupied HU | 1,892 (18.1%) |
| Vacant Housing Units | 724 ( 6.9%) |
| Median Home Value | $230,188 |
| Average Home Value | $272,206 |
Housing Distribution
Address Breakdown
Residential
9,779
Single Family
9,543
Multi-Family
236
Businesses
540
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Listed by: Thomas Shoupe • OpenDoor Brokerage LLC
Mls Name: Consolidated MLS
Mls ID: #625395