251 Park 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 251 Park Dr, Lugoff, SC, 29078 uses $74,588 cash to close to unlock $8,327/yr annual cash flow and $694/mo monthly cash flow. Total monthly income runs $2,033/mo, and a $1,101/mo payment keeps the spread at $694/mo. Purchase price stands at $225,000, and rental yield measures 10.84% with $2,033/mo rent. Return on cash invested shows 31.07% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 162.39% and total cumulative return in cash records $121,125. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,033/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1955
0.44 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: Julie Acosta • Half Moon Realty LLC
Mls Name: Consolidated MLS
Mls ID: #622499