117 New Market CirLexingtonSC29073
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 117 New Market Cir, Lexington, SC, 29073 at $229,900 posts ROI 27.62% with $490/mo cash flow from $1,858/mo rent. Total monthly income equals $1,858/mo, and annual cash flow records $5,876/yr on $76,212 to close. Return on cash invested measures 27.62% and rental yield reads 9.7% at the current $229,900. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 by year five. Five-year ROI prints 143.88% and total cumulative return in cash totals $109,655.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,858/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1977
9,147 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
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Nearby investment properties with comparable prices
Listed by: Martha McCoy • Home Advantage Realty
Mls Name: Consolidated MLS
Mls ID: #625359