226 Middleton DrLexingtonNC27295
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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 226 Middleton Dr, Lexington, NC, 27295 priced at $339,990 pairs $2,623/mo rent with $501/mo cash flow after a $1,664/mo payment. Total monthly income equals $2,623/mo, and annual cash flow comes to $6,012/yr on $112,707 invested. Return on cash invested is 25.24% in year one, and rental yield stands at 9.26% on a $339,990 basis. Equity gained on principal adds $2,194/yr, and 5% annual appreciation accumulates to $93,933 by year five. Five-year ROI measures 131.56% and total cumulative return in cash reaches $148,275. For financing, Ziffy Mortgage’s DSCR program evaluates $2,623/mo property income against a $1,664/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
0.23 Acres lot
$N/A/sqft
$600 annually 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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Nearby investment properties with comparable prices
Listed by: Stacy Hall • Blue Door Group Real Estate
Mls Name: Triad MLS
Mls Provider:
Mls ID: #1119079
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