607 Thunder Gulch AveLexingtonSC29073
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
Rental property for sale in Lexington at 607 Thunder Gulch Ave, Lexington, SC, 29073 priced at $309,990 pairs $1,936/mo rent with $91/mo cash flow after a $1,517/mo payment. Total monthly income equals $1,936/mo, and annual cash flow comes to $1,091/yr on $102,762 invested. Return on cash invested is 20.97% in year one, and rental yield stands at 7.49% on a $309,990 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,645 by year five. Five-year ROI measures 108.22% and total cumulative return in cash reaches $111,208. For financing, Ziffy Mortgage’s DSCR program evaluates $1,936/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
5,227 sqft 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: Renee Petit • Eastwood Homes of Columbia LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #586931
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC