844 Forest Park RdColumbiaSC29209
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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 844 Forest Park Rd, Columbia, SC, 29209 at $210,000 posts ROI 25.18% with $306/mo cash flow from $1,556/mo rent. Total monthly income equals $1,556/mo, and annual cash flow records $3,669/yr on $69,615 to close. Return on cash invested measures 25.18% and rental yield reads 8.89% at the current $210,000. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 by year five. Five-year ROI prints 130.8% and total cumulative return in cash totals $91,060.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,556/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2010
4,356 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: Susan McMillen • Allen Tate Co. - Greenville
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1552810
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.