301 Harbor Heights Dr APT 15CLexingtonSC29072
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 301 Harbor Heights Dr APT 15C, Lexington, SC, 29072 offers a 9.85% rental yield on a $195,000 purchase with $1,600/mo rent. Total monthly income registers $1,600/mo, and a $954/mo payment leaves $440/mo available for distribution. Annual cash flow reaches $5,276/yr on $64,643 to close, and return on cash invested stands at 28.07% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 146.32% and total cumulative return in cash at $94,582. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,600/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1977
871.20 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Petie Bradley • ERA Wilder Realty
Mls Name: Consolidated MLS
Mls ID: #622379