St. Petersburg Plan, Canal PlaceColumbiaSC29201
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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 St. Petersburg Plan, Canal Place, Columbia, SC, 29201 priced at $279,999 converts $2,154/mo rent into $286/mo cash flow after a $1,370/mo obligation. Total monthly income equals $2,154/mo, and annual cash flow totals $3,428/yr on $92,820 invested. Return on cash invested prints 23.6% in year one, and rental yield reads 9.23% against a $279,999 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation compiles into $77,359 by year five. Five-year ROI reaches 123.28% and total cumulative return in cash sums $114,428. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,154/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$202 monthly 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: N/A • Executive Construction Homes
Mls Name: Executive Construction Homes
Mls Provider:
Mls ID: #N/A