262 Horatio LnLugoffSC29078
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 262 Horatio Ln, Lugoff, SC, 29078 at $290,840 posts ROI 23.08% with $255/mo cash flow from $2,024/mo rent. Total monthly income equals $2,024/mo, and annual cash flow records $3,056/yr on $96,413 to close. Return on cash invested measures 23.08% and rental yield reads 8.35% at the current $290,840. Equity gained on principal adds $1,877/yr, and 5% annual appreciation supports $80,354 by year five. Five-year ROI prints 119.71% and total cumulative return in cash totals $115,420.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,024/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
0.28 Acres lot
$N/A/sqft
$450 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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Nearby investment properties with comparable prices
Listed by: Cara Hartley • DR Horton Inc
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #606957
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC