2053 Lofton RdBlythewoodSC29016
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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 Blythewood at 2053 Lofton Rd, Blythewood, SC, 29016 priced at $308,065 converts $2,659/mo rent into $718/mo cash flow after a $1,508/mo obligation. Total monthly income equals $2,659/mo, and annual cash flow totals $8,620/yr on $102,124 invested. Return on cash invested prints 28.35% in year one, and rental yield reads 10.36% against a $308,065 entry. Equity gained on principal adds $1,988/yr, while 5% annual appreciation compiles into $85,113 by year five. Five-year ROI reaches 148.27% and total cumulative return in cash sums $151,416. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,659/mo property income covering a $1,508/mo payment, not borrower’s personal income.
Single Family
Built in 2024
6,969 sqft lot
$N/A/sqft
$320 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29016, Blythewood, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,159 (100%) |
| Owner Occupied HU | 9,061 (81.2%) |
| Renter Occupied HU | 1,461 (13.1%) |
| Vacant Housing Units | 637 ( 5.7%) |
| Median Home Value | $346,201 |
| Average Home Value | $366,042 |
Housing Distribution
Address Breakdown
Residential
11,615
Single Family
10,265
Multi-Family
1,350
Businesses
453
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Listed by: Tiffany Maddox • Pulte Home Company LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #599159
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC