322 Drooping Leaf RdLexingtonSC29072
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
Rental property for sale in Lexington at 322 Drooping Leaf Rd, Lexington, SC, 29072 priced at $288,500 converts $2,478/mo rent into $727/mo cash flow after a $1,412/mo obligation. Total monthly income equals $2,478/mo, and annual cash flow totals $8,728/yr on $95,638 invested. Return on cash invested prints 29.04% in year one, and rental yield reads 10.31% against a $288,500 entry. Equity gained on principal adds $1,862/yr, while 5% annual appreciation compiles into $79,707 by year five. Five-year ROI reaches 151.65% and total cumulative return in cash sums $145,033. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,478/mo property income covering a $1,412/mo payment, not borrower’s personal income.
Single Family
Built in 2009
8,276 sqft lot
$N/A/sqft
$400 annually 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: Tiffany Burghardt • CMM Realty, Inc.
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #605252
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC