9 Grant StLexingtonNC27292
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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 9 Grant St, Lexington, NC, 27292 at $142,000 posts ROI 28.46% with $336/mo cash flow from $1,201/mo rent. Total monthly income equals $1,201/mo, and annual cash flow records $4,027/yr on $47,073 to close. Return on cash invested measures 28.46% and rental yield reads 10.15% at the current $142,000. Equity gained on principal adds $916/yr, and 5% annual appreciation supports $39,232 by year five. Five-year ROI prints 148.65% and total cumulative return in cash totals $69,974.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,201/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1961
0.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27292, Lexington, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,311 (100%) |
| Owner Occupied HU | 11,686 (60.5%) |
| Renter Occupied HU | 5,337 (27.6%) |
| Vacant Housing Units | 2,288 (11.8%) |
| Median Home Value | $238,816 |
| Average Home Value | $280,651 |
Housing Distribution
Address Breakdown
Residential
17,605
Single Family
16,969
Multi-Family
636
Businesses
1,197
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Listed by: Mechelle Kuld • TMR Realty, Inc.
Mls Name: Triad MLS
Mls ID: #1204943