120 Coventry Lake 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 120 Coventry Lake Dr, Lexington, SC, 29072 earns $1,021/mo cash flow from $2,878/mo rent with a $1,527/mo payment. Total monthly income totals $2,878/mo, and annual cash flow totals $12,250/yr on $103,428 capital. ROI tracks 31.75% on current figures, and rental yield reads 11.07% at a $312,000 purchase. Equity gained on principal adds $2,013/yr, and 5% annual appreciation supports $86,200 over five years. Five-year ROI reaches 166.05% and total cumulative return in cash sums $171,743. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,878/mo property income instead of your personal income.
Single Family
Built in 1987
0.30 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: Corinthians Rice • Realty One Group Reside
Mls Name: Consolidated MLS
Mls ID: #607723