481 Ridgehill DrLexingtonSC29073
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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 481 Ridgehill Dr, Lexington, SC, 29073 earns $681/mo cash flow from $2,437/mo rent with a $1,444/mo payment. Total monthly income totals $2,437/mo, and annual cash flow totals $8,170/yr on $97,793 capital. ROI tracks 28.26% on current figures, and rental yield reads 9.91% at a $295,000 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 over five years. Five-year ROI reaches 147.34% and total cumulative return in cash sums $144,086. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,437/mo property income instead of your personal income.
Single Family
Built in 2006
0.42 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
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Listed by: Andrew Madden • eXp Realty LLC
Mls Name: Consolidated MLS
Mls ID: #615531