904 Woodlawn AveColumbiaSC29209
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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 904 Woodlawn Ave, Columbia, SC, 29209 offers $1,445/mo rent that, after a $925/mo payment, leaves $320/mo cash flow. Total monthly income is $1,445/mo, and annual cash flow is $3,840/yr on $62,654 cash. Return on cash invested measures 26.04% in year one, and rental yield stands at 9.17% at a $189,000 entry. Equity gained on principal adds $1,220/yr while 5% annual appreciation compounds into $52,217 by year five. Five-year ROI records 135.39% and total cumulative return in cash reaches $84,826. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,445/mo property income versus a $925/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1942
0.25 Acres 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: Elizabeth Grimm • ERA Wilder Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #601596
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC