923 Chester StColumbiaSC29201
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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 923 Chester St, Columbia, SC, 29201 listed at $425,000 pairs $2,505/mo rent with a $2,080/mo payment. Total monthly income runs $2,505/mo. Return on cash invested measures 19.7% in year one, and rental yield registers 7.07% at a $425,000 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,420 by year five. Five-year ROI tracks 101.42% and total cumulative return in cash totals $142,889. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,505/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1905
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29201, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,548 (100%) |
| Owner Occupied HU | 2,816 (19.4%) |
| Renter Occupied HU | 9,199 (63.2%) |
| Vacant Housing Units | 2,533 (17.4%) |
| Median Home Value | $266,991 |
| Average Home Value | $296,553 |
Housing Distribution
Address Breakdown
Residential
11,749
Single Family
5,092
Multi-Family
6,657
Businesses
2,441
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Listed by: Hannah Norman • Real Broker LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #611914
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC