248 Chetsley DrLexingtonSC29073
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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 248 Chetsley Dr, Lexington, SC, 29073 with 5% annual appreciation on a $255,500 basis while $2,057/mo rent supports operations. Total monthly income totals $2,057/mo and a $1,251/mo payment preserves $500/mo for cash returns. Annual cash flow comes to $6,000/yr on $84,698 deployed, and return on cash invested reaches 26.99% in year one. Equity gained on principal adds $1,649/yr, and five-year appreciation sums $70,590 alongside rental yield of 9.66%. Five-year ROI measures 140.77% and total cumulative return in cash totals $119,229.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,057/mo property income versus a $1,251/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2021
5,662 sqft lot
$N/A/sqft
$427 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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Listed by: Lisa Addy • EXIT Real Est Consultants
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #603950
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC