256 Riglaw CirLexingtonSC29073
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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 256 Riglaw Cir, Lexington, SC, 29073 generates $1,704/mo in rent and, after a $1,101/mo payment, leaves $332/mo in cash flow. Total monthly income is $1,704/mo, and annual cash flow is $3,979/yr on $74,588 invested. Return on cash invested sits at 25.24% in year one, and rental yield is 9.09% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 131.34% and total cumulative return in cash sums $97,965. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,704/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
6,534 sqft lot
$N/A/sqft
$400 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: Gail Barnett • ERA Wilder Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #607200
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC