407 Dorchester CtLexingtonSC29072
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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 Lexington at 407 Dorchester Ct, Lexington, SC, 29072 generates $3,389/mo in rent and, after a $2,569/mo payment, leaves $264/mo in cash flow. Total monthly income is $3,389/mo, and annual cash flow is $3,174/yr on $172,692 invested. Return on cash invested sits at 21.9% in year one, and rental yield is 7.75% on a $524,900 entry. Equity gained on principal adds $3,387/yr, while 5% annual appreciation builds toward $145,020 over five years. Five-year ROI reaches 113.17% and total cumulative return in cash sums $195,433. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,389/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
0.33 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: Lindsey Moore • The Legacy Group SC LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #605974
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC