916 Cane Lake DrColumbiaSC29203
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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 916 Cane Lake Dr, Columbia, SC, 29203 at $159,000 posts ROI 31.47% with $508/mo cash flow from $1,454/mo rent. Total monthly income equals $1,454/mo, and annual cash flow records $6,093/yr on $52,709 to close. Return on cash invested measures 31.47% and rental yield reads 10.97% at the current $159,000. Equity gained on principal adds $1,026/yr, and 5% annual appreciation supports $43,929 by year five. Five-year ROI prints 164.53% and total cumulative return in cash totals $86,724.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,454/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29203, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,188 (100%) |
| Owner Occupied HU | 9,182 (47.9%) |
| Renter Occupied HU | 7,860 (41.0%) |
| Vacant Housing Units | 2,146 (11.2%) |
| Median Home Value | $190,357 |
| Average Home Value | $287,559 |
Housing Distribution
Address Breakdown
Residential
16,935
Single Family
15,872
Multi-Family
1,063
Businesses
1,170
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Listed by: Blaire Kobliski • The ART of Real Estate
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #600263
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC