510 Gibson Forest DrLexingtonSC29072
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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 510 Gibson Forest Dr, Lexington, SC, 29072 listed at $286,000 pairs $2,197/mo rent with a $1,400/mo payment to leave $486/mo cash flow. Total monthly income runs $2,197/mo, and annual cash flow reaches $5,834/yr on $94,809 cash to close. Return on cash invested measures 26.06% in year one, and rental yield registers 9.22% at a $286,000 basis. Equity gained on principal adds $1,846/yr, and annual property appreciation at 5% supports $79,017 by year five. Five-year ROI tracks 135.6% and total cumulative return in cash totals $128,564. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,197/mo property income relative to a $1,400/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
7,274 sqft lot
$N/A/sqft
$98 annually 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: Travis Taylor • The ART of Real Estate
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #619790
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC