2000 Water Oak Dr APT 6BLexingtonSC29072
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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 2000 Water Oak Dr APT 6B, Lexington, SC, 29072 earns $511/mo cash flow from $1,621/mo rent with a $783/mo payment. Total monthly income totals $1,621/mo, and annual cash flow totals $6,136/yr on $53,040 capital. ROI tracks 31.48% on current figures, and rental yield reads 12.16% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 165.91% and total cumulative return in cash sums $87,998. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,621/mo property income instead of your personal income.
Apartment
Built in 2005
2,613 sqft 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A