114 Wismar StLexingtonSC29073
Nearby investment properties with comparable rents
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
Rental property for sale in Lexington at 114 Wismar St, Lexington, SC, 29073 priced at $210,936 converts $1,478/mo rent into $98/mo cash flow after a $1,032/mo obligation. Total monthly income equals $1,478/mo, and annual cash flow totals $1,181/yr on $69,925 invested. Return on cash invested prints 21.6% in year one, and rental yield reads 8.41% against a $210,936 entry. Equity gained on principal adds $1,361/yr, while 5% annual appreciation compiles into $58,278 by year five. Five-year ROI reaches 112.4% and total cumulative return in cash sums $78,597. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,478/mo property income covering a $1,032/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
3,049 sqft lot
$N/A/sqft
$373 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29073, Lexington, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,366 (100%) |
| Owner Occupied HU | 17,189 (80.5%) |
| Renter Occupied HU | 2,899 (13.6%) |
| Vacant Housing Units | 1,278 ( 6.0%) |
| Median Home Value | $239,149 |
| Average Home Value | $263,127 |
Housing Distribution
Address Breakdown
Residential
21,069
Single Family
20,814
Multi-Family
255
Businesses
883
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rachel Long • Mungo Homes Properties LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #610981
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC