131 Federation StLexingtonSC29073
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
Rental property for sale in Lexington at 131 Federation St, Lexington, SC, 29073 offers $2,322/mo rent that, after a $1,322/mo payment, leaves $653/mo cash flow. Total monthly income is $2,322/mo, and annual cash flow is $7,835/yr on $89,505 cash. Return on cash invested measures 28.66% in year one, and rental yield stands at 10.32% at a $269,999 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,596 by year five. Five-year ROI records 149.76% and total cumulative return in cash reaches $134,041. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,322/mo property income versus a $1,322/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
5,227 sqft lot
$N/A/sqft
$368 semi-annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeremy M Gould • Lennar Carolinas LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #603781
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC