1156 Citation 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
Investment property for sale in Lexington at 1156 Citation St, Lexington, SC, 29073 listed at $284,000 pairs $2,539/mo rent with a $1,390/mo payment to leave $848/mo cash flow. Total monthly income runs $2,539/mo, and annual cash flow reaches $10,181/yr on $94,146 cash to close. Return on cash invested measures 30.72% in year one, and rental yield registers 10.73% at a $284,000 basis. Equity gained on principal adds $1,833/yr, and annual property appreciation at 5% supports $78,464 by year five. Five-year ROI tracks 160.56% and total cumulative return in cash totals $151,157. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,539/mo property income relative to a $1,390/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
10,454 sqft lot
$N/A/sqft
No 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: Aimee Pollock • JPAR Magnolia Group
Mls Name: Consolidated MLS
Mls ID: #611982