105 Parkside RdLexingtonSC29072
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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 Lexington at 105 Parkside Rd, Lexington, SC, 29072 uses $102,765 cash to close to unlock $6,371/yr annual cash flow and $531/mo monthly cash flow. Total monthly income runs $2,401/mo, and a $1,517/mo payment keeps the spread at $531/mo. Purchase price stands at $310,000, and rental yield measures 9.29% with $2,401/mo rent. Return on cash invested shows 26.11% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 135.87% and total cumulative return in cash records $139,627. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,401/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 2001
10,018 sqft lot
$N/A/sqft
$300 annually 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: Evette McCafferty • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #608024
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC