73 Preakness Stakes 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 73 Preakness Stakes Dr, Lugoff, SC, 29078 uses $102,765 cash to close to unlock $4,451/yr annual cash flow and $371/mo monthly cash flow. Total monthly income runs $2,216/mo, and a $1,517/mo payment keeps the spread at $371/mo. Purchase price stands at $310,000, and rental yield measures 8.58% with $2,216/mo rent. Return on cash invested shows 24.24% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 125.76% and total cumulative return in cash records $129,235. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,216/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 2022
0.25 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: Jeffrey R Graham • Graham Realty, Inc
Mls Name: Consolidated MLS
Mls ID: #612763