102 Wessinger DrLexingtonSC29072
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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 102 Wessinger Dr, Lexington, SC, 29072 at $220,000 posts ROI 28.62% with $529/mo cash flow from $1,839/mo rent. Total monthly income equals $1,839/mo, and annual cash flow records $6,350/yr on $72,930 to close. Return on cash invested measures 28.62% and rental yield reads 10.03% at the current $220,000. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 by year five. Five-year ROI prints 149.27% and total cumulative return in cash totals $108,863.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,839/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
0.27 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
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Listed by: Dennis Quinn • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls ID: #622225