KYLE Plan, Raven RidgeLexingtonNC27295
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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 KYLE Plan, Raven Ridge, Lexington, NC, 27295 offers a 9.89% rental yield on a $338,990 purchase with $2,794/mo rent. Total monthly income registers $2,794/mo, and a $1,659/mo payment leaves $728/mo available for distribution. Annual cash flow reaches $8,739/yr on $112,375 to close, and return on cash invested stands at 27.69% in year one. Equity gained on principal adds $2,187/yr while 5% annual appreciation supports $93,657 over five years. Portfolio math shows five-year ROI at 144.45% and total cumulative return in cash at $162,325. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,794/mo property income against a $1,659/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27295, Lexington, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,330 (100%) |
| Owner Occupied HU | 12,830 (70.0%) |
| Renter Occupied HU | 4,253 (23.2%) |
| Vacant Housing Units | 1,247 ( 6.8%) |
| Median Home Value | $265,058 |
| Average Home Value | $287,562 |
Housing Distribution
Address Breakdown
Residential
18,030
Single Family
17,459
Multi-Family
571
Businesses
552
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Listed by: Online Sales Team • D.R. Horton - Greensboro
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A