108 Flagstone WayLexingtonSC29072
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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
Rental property for sale in Lexington at 108 Flagstone Way, Lexington, SC, 29072 priced at $412,000 converts $3,547/mo rent into $1,069/mo cash flow after a $2,017/mo obligation. Total monthly income equals $3,547/mo, and annual cash flow totals $12,828/yr on $136,578 invested. Return on cash invested prints 29.3% in year one, and rental yield reads 10.33% against a $412,000 entry. Equity gained on principal adds $2,659/yr, while 5% annual appreciation compiles into $113,828 by year five. Five-year ROI reaches 152.97% and total cumulative return in cash sums $208,923. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,547/mo property income covering a $2,017/mo payment, not borrower’s personal income.
Single Family
Built in 2007
9,583 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: Kimberly Thomas • EXIT Real Est Consultants
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #598040
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC