957 Warby 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
Investment property for sale in Lexington at 957 Warby Dr, Lexington, SC, 29073 offers a 7.93% rental yield on a $336,284 purchase with $2,221/mo rent. Total monthly income registers $2,221/mo, and a $1,646/mo payment leaves $171/mo available for distribution. Annual cash flow reaches $2,054/yr on $111,478 to close, and return on cash invested stands at 21.75% in year one. Equity gained on principal adds $2,170/yr while 5% annual appreciation supports $92,909 over five years. Portfolio math shows five-year ROI at 112.63% and total cumulative return in cash at $125,560. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,221/mo property income against a $1,646/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
6,534 sqft lot
$N/A/sqft
$575 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: Allison Page • Mungo Homes Properties LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #601760
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC