710 Smith Pond RdLexingtonSC29072
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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 710 Smith Pond Rd, Lexington, SC, 29072 generates $2,066/mo in rent and, after a $1,591/mo payment, leaves $131/mo in cash flow. Total monthly income is $2,066/mo, and annual cash flow is $1,573/yr on $107,738 invested. Return on cash invested sits at 21.37% in year one, and rental yield is 7.63% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 110.4% and total cumulative return in cash sums $118,945. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,066/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
0.50 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
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Listed by: Wesley Mitchell • Southern Visions Realty I LLC
Mls Name: Consolidated MLS
Mls ID: #617006