Richardson Plan, AshcroftColumbiaSC29229
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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 Richardson Plan, Ashcroft, Columbia, SC, 29229 with 5% annual appreciation on a $306,000 basis while $2,686/mo rent supports operations. Total monthly income totals $2,686/mo and a $1,498/mo payment preserves $864/mo for cash returns. Annual cash flow comes to $10,370/yr on $101,439 deployed, and return on cash invested reaches 30.13% in year one. Equity gained on principal adds $1,975/yr, and five-year appreciation sums $84,542 alongside rental yield of 10.53%. Five-year ROI measures 157.38% and total cumulative return in cash totals $159,648.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,686/mo property income versus a $1,498/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29229, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,849 (100%) |
| Owner Occupied HU | 16,516 (75.6%) |
| Renter Occupied HU | 4,178 (19.1%) |
| Vacant Housing Units | 1,155 ( 5.3%) |
| Median Home Value | $264,697 |
| Average Home Value | $299,180 |
Housing Distribution
Address Breakdown
Residential
21,627
Single Family
19,314
Multi-Family
2,313
Businesses
1,141
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Listed by: N/A • Mungo Homes
Mls Name: Mungo Homes, Inc
Mls Provider:
Mls ID: #N/A