119 Waverly Point DrLexingtonSC29072
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 119 Waverly Point Dr, Lexington, SC, 29072 uses $63,018 cash to close to unlock $8,622/yr annual cash flow and $719/mo monthly cash flow. Total monthly income runs $1,972/mo, and a $930/mo payment keeps the spread at $719/mo. Purchase price stands at $190,101, and rental yield measures 12.45% with $1,972/mo rent. Return on cash invested shows 33.59% in year one, and 5% annual appreciation builds toward $52,521 over five years. Five-year ROI reaches 176.76% and total cumulative return in cash records $111,392. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,972/mo property income covering a $930/mo payment rather than investor’s personal income.
Townhouse
Built in N/A
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A