220 Crestridge DrLexingtonSC29073
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
Investment property for sale in Lexington at 220 Crestridge Dr, Lexington, SC, 29073 uses $62,985 cash to close to unlock $4,115/yr annual cash flow and $343/mo monthly cash flow. Total monthly income runs $1,474/mo, and a $930/mo payment keeps the spread at $343/mo. Purchase price stands at $190,000, and rental yield measures 9.31% with $1,474/mo rent. Return on cash invested shows 26.44% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 137.56% and total cumulative return in cash records $86,640. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,474/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 2003
0.68 Acres lot
$N/A/sqft
No 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: R Bryant Herring • United Real Estate SC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #605008
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC