DEVON Plan, Grand OaksColumbiaSC29203
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 DEVON Plan, Grand Oaks, Columbia, SC, 29203 offers $1,764/mo rent that, after a $1,199/mo payment, leaves $306/mo cash flow. Total monthly income is $1,764/mo, and annual cash flow is $3,669/yr on $81,214 cash. Return on cash invested measures 24.43% in year one, and rental yield stands at 8.64% at a $244,990 entry. Equity gained on principal adds $1,581/yr while 5% annual appreciation compounds into $67,686 by year five. Five-year ROI records 126.77% and total cumulative return in cash reaches $102,957. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,764/mo property income versus a $1,199/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Grand Oaks • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A