309 Hillside DrLexingtonNC27295
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 309 Hillside Dr, Lexington, NC, 27295 at $126,900 posts ROI 25.66% with $202/mo cash flow from $975/mo rent. Total monthly income equals $975/mo, and annual cash flow records $2,421/yr on $42,067 to close. Return on cash invested measures 25.66% and rental yield reads 9.22% at the current $126,900. Equity gained on principal adds $819/yr, and 5% annual appreciation supports $35,060 by year five. Five-year ROI prints 133.59% and total cumulative return in cash totals $56,197.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $975/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
0.25 Acres lot
$N/A/sqft
No 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: Angie Miller • Genesis Realty Company
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4313696