Yates Plan, AshcroftColumbiaSC29229
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 Yates Plan, Ashcroft, Columbia, SC, 29229 priced at $387,000 converts $3,269/mo rent into $965/mo cash flow after a $1,894/mo obligation. Total monthly income equals $3,269/mo, and annual cash flow totals $11,585/yr on $128,291 invested. Return on cash invested prints 28.94% in year one, and rental yield reads 10.14% against a $387,000 entry. Equity gained on principal adds $2,497/yr, while 5% annual appreciation compiles into $106,921 by year five. Five-year ROI reaches 150.96% and total cumulative return in cash sums $193,670. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,269/mo property income covering a $1,894/mo payment, not borrower’s personal income.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Mungo Homes
Mls Name: Mungo Homes, Inc
Mls Provider:
Mls ID: #N/A