194 Carrington DrLugoffSC29078
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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
Investment property for sale in Lugoff at 194 Carrington Dr, Lugoff, SC, 29078 with 5% annual appreciation on a $305,000 basis while $2,866/mo rent supports operations. Total monthly income totals $2,866/mo and a $1,493/mo payment preserves $1,050/mo for cash returns. Annual cash flow comes to $12,603/yr on $101,108 deployed, and return on cash invested reaches 32.37% in year one. Equity gained on principal adds $1,968/yr, and five-year appreciation sums $84,266 alongside rental yield of 11.28%. Five-year ROI measures 169.41% and total cumulative return in cash totals $171,286.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,866/mo property income versus a $1,493/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
827.64 sqft 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: Keisha Carter • Lifestyle International Realty
Mls Name: Consolidated MLS
Mls ID: #618670