504 Queens CtLexingtonSC29072
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 504 Queens Ct, Lexington, SC, 29072 earns $179/mo cash flow from $3,245/mo rent with a $2,521/mo payment. Total monthly income totals $3,245/mo, and annual cash flow totals $2,148/yr on $169,435 capital. ROI tracks 21.33% on current figures, and rental yield reads 7.56% at a $515,000 purchase. Equity gained on principal adds $3,323/yr, and 5% annual appreciation supports $142,285 over five years. Five-year ROI reaches 110.1% and total cumulative return in cash sums $186,553. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,245/mo property income instead of your personal income.
Single Family
Built in 1994
0.61 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Terence Smith • Cornerstone Realty Partners LLC
Mls Name: Consolidated MLS
Mls ID: #612916