278 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 278 Carrington Dr, Lugoff, SC, 29078 earns $108/mo cash flow from $2,168/mo rent with a $1,639/mo payment. Total monthly income totals $2,168/mo, and annual cash flow totals $1,295/yr on $111,024 capital. ROI tracks 21.08% on current figures, and rental yield reads 7.77% at a $334,914 purchase. Equity gained on principal adds $2,161/yr, and 5% annual appreciation supports $92,531 over five years. Five-year ROI reaches 109.04% and total cumulative return in cash sums $121,061. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,168/mo property income instead of your personal income.
Single Family
Built in 2024
10,018 sqft lot
$N/A/sqft
$800 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: Dexter Stephens • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #595112
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC