31 Middleton 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 31 Middleton Dr, Lugoff, SC, 29078 offers a 8.53% rental yield on a $400,000 purchase with $2,844/mo rent. Total monthly income registers $2,844/mo, and a $1,958/mo payment leaves $463/mo available for distribution. Annual cash flow reaches $5,552/yr on $132,600 to close, and return on cash invested stands at 24.1% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 125% and total cumulative return in cash at $165,748. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,844/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.64 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: Melissa Kinlaw • Peace Sotheby's International Realty
Mls Name: Consolidated MLS
Mls ID: #619430