217 Emerald Farm RdLexingtonSC29073
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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
Rental property for sale in Lexington at 217 Emerald Farm Rd, Lexington, SC, 29073 offers $3,078/mo rent that, after a $1,640/mo payment, leaves $1,071/mo cash flow. Total monthly income is $3,078/mo, and annual cash flow is $12,852/yr on $111,053 cash. Return on cash invested measures 31.48% in year one, and rental yield stands at 11.03% at a $335,000 entry. Equity gained on principal adds $2,162/yr while 5% annual appreciation compounds into $92,554 by year five. Five-year ROI records 164.63% and total cumulative return in cash reaches $182,828. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,078/mo property income versus a $1,640/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
0.50 Acres lot
$N/A/sqft
$150 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
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Nearby investment properties with comparable prices
Listed by: Wendy Weeden • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #601876
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC