13 Longview StLexingtonNC27295
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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 13 Longview St, Lexington, NC, 27295 with 5% annual appreciation on a $160,000 basis while $1,236/mo rent supports operations. Total monthly income totals $1,236/mo and a $783/mo payment preserves $261/mo for cash returns. Annual cash flow comes to $3,132/yr on $53,040 deployed, and return on cash invested reaches 25.81% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,205 alongside rental yield of 9.27%. Five-year ROI measures 134.35% and total cumulative return in cash totals $71,258.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,236/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27295, Lexington, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,330 (100%) |
| Owner Occupied HU | 12,830 (70.0%) |
| Renter Occupied HU | 4,253 (23.2%) |
| Vacant Housing Units | 1,247 ( 6.8%) |
| Median Home Value | $265,058 |
| Average Home Value | $287,562 |
Housing Distribution
Address Breakdown
Residential
18,030
Single Family
17,459
Multi-Family
571
Businesses
552
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Listed by: Blake Ginther • Keller Williams Realty Elite
Mls Name: Triad MLS
Mls ID: #1199810