Mitchell Plan, Carriage EstatesLexingtonSC29072
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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 Mitchell Plan, Carriage Estates, Lexington, SC, 29072 priced at $393,990 pairs $3,000/mo rent with $655/mo cash flow after a $1,928/mo payment. Total monthly income equals $3,000/mo, and annual cash flow comes to $7,860/yr on $130,608 invested. Return on cash invested is 25.93% in year one, and rental yield stands at 9.14% on a $393,990 basis. Equity gained on principal adds $2,542/yr, and 5% annual appreciation accumulates to $108,852 by year five. Five-year ROI measures 134.84% and total cumulative return in cash reaches $176,113. For financing, Ziffy Mortgage’s DSCR program evaluates $3,000/mo property income against a $1,928/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29072, Lexington, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,738 (100%) |
| Owner Occupied HU | 22,013 (79.4%) |
| Renter Occupied HU | 4,164 (15.0%) |
| Vacant Housing Units | 1,561 ( 5.6%) |
| Median Home Value | $339,715 |
| Average Home Value | $405,424 |
Housing Distribution
Address Breakdown
Residential
27,212
Single Family
24,320
Multi-Family
2,892
Businesses
1,826
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Listed by: N/A • Pulte Homes
Mls Name: Pulte
Mls Provider:
Mls ID: #N/A