1009 Corley StLexingtonSC29072
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 Lexington at 1009 Corley St, Lexington, SC, 29072 uses $132,600 cash to close to unlock $8,096/yr annual cash flow and $675/mo monthly cash flow. Total monthly income runs $3,056/mo, and a $1,958/mo payment keeps the spread at $675/mo. Purchase price stands at $400,000, and rental yield measures 9.17% with $3,056/mo rent. Return on cash invested shows 26.01% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 135.28% and total cumulative return in cash records $179,380. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,056/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 2000
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29072, Lexington, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,738 (100%) |
| Owner Occupied HU | 22,013 (79.4%) |
| Renter Occupied HU | 4,164 (15.0%) |
| Vacant Housing Units | 1,561 ( 5.6%) |
| Median Home Value | $339,715 |
| Average Home Value | $405,424 |
Housing Distribution
Address Breakdown
Residential
27,212
Single Family
24,320
Multi-Family
2,892
Businesses
1,826
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Nantz Hoey • Southern Charmed Realty LLC
Mls Name: Consolidated MLS
Mls ID: #613955