521 Towhee TrlLexingtonNC27295
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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 521 Towhee Trl, Lexington, NC, 27295 priced at $345,000 converts $2,239/mo rent into $136/mo cash flow after a $1,689/mo obligation. Total monthly income equals $2,239/mo, and annual cash flow totals $1,632/yr on $114,368 invested. Return on cash invested prints 21.34% in year one, and rental yield reads 7.79% against a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation compiles into $95,317 by year five. Five-year ROI reaches 110.34% and total cumulative return in cash sums $126,196. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,239/mo property income covering a $1,689/mo payment, not borrower’s personal income.
Single Family
Built in 2023
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27295, Lexington, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,330 (100%) |
| Owner Occupied HU | 12,830 (70.0%) |
| Renter Occupied HU | 4,253 (23.2%) |
| Vacant Housing Units | 1,247 ( 6.8%) |
| Median Home Value | $265,058 |
| Average Home Value | $287,562 |
Housing Distribution
Address Breakdown
Residential
18,030
Single Family
17,459
Multi-Family
571
Businesses
552
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Listed by: Kelli Phillips • RE/MAX Realty Consultants
Mls Name: Triad MLS
Mls ID: #1207460