1915 Koon RdLugoffSC29078
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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 Lugoff at 1915 Koon Rd, Lugoff, SC, 29078 generates $1,424/mo in rent, after a $1,248/mo payment. Total monthly income is $1,424/mo. Return on cash invested sits at 18.58% in year one, and rental yield is 6.7% on a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 95.43% and total cumulative return in cash sums $80,672. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,424/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
1.09 Acres lot
$N/A/sqft
No 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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Listed by: Celia Means • Real Broker LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #596638
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC