216 Waters Edge 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 216 Waters Edge Dr, Lexington, SC, 29072 projects strong ROI of 9.01%. Rental yield 3.53%. With 5% annual appreciation, the property builds $742,645 in value over five years. Equity growth combined delivers a projected five-year ROI of 44.03%, translating into $383,447 in total cumulative return on $870,912 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2015
0.54 Acres lot
$N/A/sqft
$430 quarterly 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: Terry Bishop Jr • Fathom Realty SC LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #606985
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC