117 Summerfield DrLexingtonSC29072
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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
Investment property for sale in Lexington at 117 Summerfield Dr, Lexington, SC, 29072 listed at $344,900 pairs $2,405/mo rent with a $1,688/mo payment to leave $352/mo cash flow. Total monthly income runs $2,405/mo, and annual cash flow reaches $4,224/yr on $114,334 cash to close. Return on cash invested measures 23.6% in year one, and rental yield registers 8.37% at a $344,900 basis. Equity gained on principal adds $2,226/yr, and annual property appreciation at 5% supports $95,290 by year five. Five-year ROI tracks 122.32% and total cumulative return in cash totals $139,857. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,405/mo property income relative to a $1,688/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
0.40 Acres lot
$N/A/sqft
No 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: Shelly Garner • Century 21 803 Realty
Mls Name: Consolidated MLS
Mls ID: #620715