400 Lexington AveCayceSC29033
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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
Rental property for sale in Cayce at 400 Lexington Ave, Cayce, SC, 29033 priced at $245,000 pairs $1,675/mo rent with $180/mo cash flow after a $1,199/mo payment. Total monthly income equals $1,675/mo, and annual cash flow comes to $2,164/yr on $81,218 invested. Return on cash invested is 22.57% in year one, and rental yield stands at 8.2% on a $245,000 basis. Equity gained on principal adds $1,581/yr, and 5% annual appreciation accumulates to $67,689 by year five. Five-year ROI measures 117.05% and total cumulative return in cash reaches $95,064. For financing, Ziffy Mortgage’s DSCR program evaluates $1,675/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1940
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29033, Cayce, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,291 (100%) |
| Owner Occupied HU | 3,578 (56.9%) |
| Renter Occupied HU | 2,120 (33.7%) |
| Vacant Housing Units | 593 ( 9.4%) |
| Median Home Value | $204,469 |
| Average Home Value | $270,334 |
Housing Distribution
Address Breakdown
Residential
6,398
Single Family
5,153
Multi-Family
1,245
Businesses
510
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Listed by: Jonathan Minerick • Homecoin.com
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #596569
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC