291 Drooping Leaf RdLexingtonSC29072
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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 291 Drooping Leaf Rd, Lexington, SC, 29072 listed at $222,000 pairs $1,585/mo rent with a $1,087/mo payment to leave $263/mo cash flow. Total monthly income runs $1,585/mo, and annual cash flow reaches $3,157/yr on $73,593 cash to close. Return on cash invested measures 24.2% in year one, and rental yield registers 8.57% at a $222,000 basis. Equity gained on principal adds $1,433/yr, and annual property appreciation at 5% supports $61,335 by year five. Five-year ROI tracks 125.59% and total cumulative return in cash totals $92,427. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,585/mo property income relative to a $1,087/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2009
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29072, Lexington, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,738 (100%) |
| Owner Occupied HU | 22,013 (79.4%) |
| Renter Occupied HU | 4,164 (15.0%) |
| Vacant Housing Units | 1,561 ( 5.6%) |
| Median Home Value | $339,715 |
| Average Home Value | $405,424 |
Housing Distribution
Address Breakdown
Residential
27,212
Single Family
24,320
Multi-Family
2,892
Businesses
1,826
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Listed by: Melinda Sweatman • Keller Williams Realty
Mls Name: Consolidated MLS
Mls ID: #620218