163 Flinchum Pl

Lexington, SC 29073
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5 bd, 3 ba | 2,318 sqft | Built in 2006

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List Price
$319,900

Initial Investment

$87,173

Purchase Price

$319,900

Down Payment

25%

Rent

$2,000

Total Return

$117,430

Annualized Return

18.2%

Cap Rate

5.1%

Gross Yield

7.5%

Cash Flow

-$1,890

Appreciation

7.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,890

HOA

$28/mo

Flood Risk

Not Required

Welcome to Your Private Oasis in Cobbs Hill! Discover the perfect blend of comfort and charm in this spacious 5-bedroom, 3-bathroom home nestled in the heart of Lexington. Boasting over 2,300 sq ft of thoughtfully designed living space, this residence offers both functionality and flair. Featuring Open-Concept Living for you to enjoy a seamless flow between the living, dining, and kitchen areas perfect for hosting or everyday moments. The gourmet kitchen where you can whip kitchen favorites designed to inspire, featuring abundant cabinetry, generous counter space, and a central island. The private retreat upstairs offers a peaceful hideaway ideal for guests, a home office, or bonus living space. The backyard is truly and outdoor paradise. When you step into your beautifully landscaped backyard, complete with a tranquil koi pond and a screened porch that will quickly become your go-to for relaxing and recharging. Stay cool and worry-free with a new HVAC system installed in July 2023. Whether you’re entertaining, relaxing, or simply enjoying life at home, 163 Flinchum Place is ready to welcome you. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

See more in Analysis
Chris deTreville
Auben Realty, LLC
GA Agent License #64566

Annual Financial Highlights

Expected Rent

$22,800

Expenses

-$4,398

Property Taxes

-$2,900

Loan Payments

-$17,391

Net Cash Flow

-$1,890

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Chasity Hall
Real Broker LLC
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceConsolidated MLS (CMLS)
MLS #606618
Last Updated: 04/18/2025 19:04
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.