109 Red Ash LnLexingtonSC29072
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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 109 Red Ash Ln, Lexington, SC, 29072 offers $3,368/mo rent that, after a $2,281/mo payment, leaves $546/mo cash flow. Total monthly income is $3,368/mo, and annual cash flow is $6,557/yr on $154,479 cash. Return on cash invested measures 24.15% in year one, and rental yield stands at 8.67% at a $466,000 entry. Equity gained on principal adds $3,007/yr while 5% annual appreciation compounds into $128,747 by year five. Five-year ROI records 125.44% and total cumulative return in cash reaches $193,777. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,368/mo property income versus a $2,281/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
10,454 sqft lot
$N/A/sqft
$569 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: Thomas Shoupe • OpenDoor Brokerage LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #609224
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC