The Charleston 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 The Charleston Plan, Canal Place, Columbia, SC, 29201 offers $1,591/mo rent that, after a $1,123/mo payment, leaves $23/mo cash flow. Total monthly income is $1,591/mo, and annual cash flow is $277/yr on $76,079 cash. Return on cash invested measures 20.27% in year one, and rental yield stands at 8.32% at a $229,500 entry. Equity gained on principal adds $1,481/yr while 5% annual appreciation compounds into $63,407 by year five. Five-year ROI records 105.7% and total cumulative return in cash reaches $80,418. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,591/mo property income versus a $1,123/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
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