228 Four Oaks 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
Rental property for sale in Lugoff at 228 Four Oaks Dr, Lugoff, SC, 29078 priced at $368,408 converts $2,938/mo rent into $698/mo cash flow after a $1,803/mo obligation. Total monthly income equals $2,938/mo, and annual cash flow totals $8,376/yr on $122,127 invested. Return on cash invested prints 26.77% in year one, and rental yield reads 9.57% against a $368,408 entry. Equity gained on principal adds $2,377/yr, while 5% annual appreciation compiles into $101,784 by year five. Five-year ROI reaches 139.5% and total cumulative return in cash sums $170,373. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,938/mo property income covering a $1,803/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.97 Acres lot
$N/A/sqft
$565 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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Listed by: Jackie B Montgomery • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #612150
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC