141 Rippling WayLugoffSC29078
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 Lugoff at 141 Rippling Way, Lugoff, SC, 29078 priced at $300,000 converts $2,383/mo rent into $517/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,383/mo, and annual cash flow totals $6,199/yr on $99,450 invested. Return on cash invested prints 26.14% in year one, and rental yield reads 9.53% against a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,884 by year five. Five-year ROI reaches 136.33% and total cumulative return in cash sums $135,576. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,383/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 2021
10,454 sqft lot
$N/A/sqft
$800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29078, Lugoff, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,459 (100%) |
| Owner Occupied HU | 5,925 (79.4%) |
| Renter Occupied HU | 1,058 (14.2%) |
| Vacant Housing Units | 476 ( 6.4%) |
| Median Home Value | $230,745 |
| Average Home Value | $262,437 |
Housing Distribution
Address Breakdown
Residential
7,232
Single Family
7,023
Multi-Family
209
Businesses
486
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Nearby investment properties with comparable prices
Listed by: Rusty Johnson • Keller Williams Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #608585
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC