108 Morning Shore CtLexingtonSC29072
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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 Morning Shore Ct, Lexington, SC, 29072 generates $4,140/mo in rent, after a $5,873/mo payment. Total monthly income is $4,140/mo. Return on cash invested sits at 10.95% in year one, and rental yield is 4.14% on a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 54.44% and total cumulative return in cash sums $211,643. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,140/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
0.65 Acres lot
$N/A/sqft
$595 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: Nathan Habben • EXIT Real Est Consultants
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #605457
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC