163 Jackson AveLexingtonNC27295
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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 163 Jackson Ave, Lexington, NC, 27295 priced at $149,900 pairs $1,162/mo rent with $248/mo cash flow after a $734/mo payment. Total monthly income equals $1,162/mo, and annual cash flow comes to $2,977/yr on $49,692 invested. Return on cash invested is 25.9% in year one, and rental yield stands at 9.3% on a $149,900 basis. Equity gained on principal adds $967/yr, and 5% annual appreciation accumulates to $41,415 by year five. Five-year ROI measures 134.94% and total cumulative return in cash reaches $67,055. For financing, Ziffy Mortgage’s DSCR program evaluates $1,162/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1949
0.29 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: Gracie Kinley • J. Marshall Realty
Mls Name: Triad MLS
Mls ID: #1202461