979 Airport BlvdColumbiaSC29205
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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 979 Airport Blvd, Columbia, SC, 29205 generates $3,036/mo in rent and, after a $1,762/mo payment, leaves $893/mo in cash flow. Total monthly income is $3,036/mo, and annual cash flow is $10,716/yr on $119,340 invested. Return on cash invested sits at 28.89% in year one, and rental yield is 10.12% on a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 150.67% and total cumulative return in cash sums $179,805. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,036/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29205, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,610 (100%) |
| Owner Occupied HU | 6,798 (49.9%) |
| Renter Occupied HU | 5,092 (37.4%) |
| Vacant Housing Units | 1,720 (12.6%) |
| Median Home Value | $346,573 |
| Average Home Value | $420,577 |
Housing Distribution
Address Breakdown
Residential
12,188
Single Family
10,741
Multi-Family
1,447
Businesses
780
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Listed by: Steven Koleno • Beycome Brokerage Realty LLC
Mls Name: Consolidated MLS
Mls ID: #625615