941 Bannockburn DrLexingtonSC29073
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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 941 Bannockburn Dr, Lexington, SC, 29073 generates $3,306/mo in rent and, after a $1,958/mo payment, leaves $866/mo in cash flow. Total monthly income is $3,306/mo, and annual cash flow is $10,396/yr on $132,600 invested. Return on cash invested sits at 27.75% in year one, and rental yield is 9.92% on a $399,999 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,512 over five years. Five-year ROI reaches 144.78% and total cumulative return in cash sums $191,979. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,306/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
0.38 Acres lot
$N/A/sqft
$700 annually 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
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Listed by: Angela Harlow • Century 21 Vanguard
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #604096
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC