Under $500K Investment Properties for Sale in Lexington, SC
645- 3 Bed
- 3 Bath
- 1962 sft
851- 3 Bed
- 1 Bath
- 2043 sft
1181- 4 Bed
- 3 Bath
- 2025 sft
590- 4 Bed
- 4 Bath
- 2319 sft
Why Invest in Lexington, South Carolina?
Lexington, SC offers strong investment opportunities in homes under $500k, with access to over 500 properties in this price range. The area features solid **rental yields** around 6-7% and **cap rates** of 5-6%, driven by proximity to Columbia. **Appreciation** has averaged 4-5% annually, supported by population growth to 16,484 residents. **Renter occupancy** stands at 35%, with average rents providing reliable cash flow for investors. Low vacancy and quick sales (50 days on market) make it ideal for entry-level portfolios.
Frequently Asked Questions
Lexington offers 500+ homes under $500k with strong rental yields (6-7%) and quick sales (50 days). Proximity to Columbia ensures job-driven demand. Appreciation of 4-5% adds long-term value.
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