313 Dorchester DrLexingtonSC29072
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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 313 Dorchester Dr, Lexington, SC, 29072 uses $149,142 cash to close to unlock $574/yr annual cash flow and $48/mo monthly cash flow. Total monthly income runs $2,726/mo, and a $2,202/mo payment keeps the spread at $48/mo. Purchase price stands at $449,900, and rental yield measures 7.27% with $2,726/mo rent. Return on cash invested shows 20.29% in year one, and 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 104.58% and total cumulative return in cash records $155,974. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,726/mo property income covering a $2,202/mo payment rather than investor’s personal income.
Single Family
Built in 1995
0.29 Acres 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: Lisa T Moore • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls ID: #622908