472 Ridgehill DrLexingtonSC29073
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 472 Ridgehill Dr, Lexington, SC, 29073 with 5% annual appreciation on a $310,000 basis while $2,549/mo rent supports operations. Total monthly income totals $2,549/mo and a $1,517/mo payment preserves $704/mo for cash returns. Annual cash flow comes to $8,447/yr on $102,765 deployed, and return on cash invested reaches 28.13% in year one. Equity gained on principal adds $2,000/yr, and five-year appreciation sums $85,647 alongside rental yield of 9.87%. Five-year ROI measures 146.6% and total cumulative return in cash totals $150,655.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,549/mo property income versus a $1,517/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29073, Lexington, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,366 (100%) |
| Owner Occupied HU | 17,189 (80.5%) |
| Renter Occupied HU | 2,899 (13.6%) |
| Vacant Housing Units | 1,278 ( 6.0%) |
| Median Home Value | $239,149 |
| Average Home Value | $263,127 |
Housing Distribution
Address Breakdown
Residential
21,069
Single Family
20,814
Multi-Family
255
Businesses
883
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Keyona Squire • Noelle B Collective
Mls Name: Consolidated MLS
Mls ID: #620015