Aruba Bay Plan, Linwood EstatesLexingtonNC27292
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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 Aruba Bay Plan, Linwood Estates, Lexington, NC, 27292 priced at $263,990 converts $1,170/mo rent into after a $1,292/mo obligation. Total monthly income equals $1,170/mo. Return on cash invested prints 13.89% in year one, and rental yield reads 5.32% against a $263,990 entry. Equity gained on principal adds $1,703/yr, while 5% annual appreciation compiles into $72,936 by year five. Five-year ROI reaches 70.49% and total cumulative return in cash sums $61,690. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,170/mo property income covering a $1,292/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A 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: N/A • Ryan Homes
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A