3417 Hill Springs Dr

Lexington, SC 29073
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3 bd, 2 ba | 1,220 sqft | Built in 1972

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List Price
$189,000

Initial Investment

$51,503

Purchase Price

$189,000

Down Payment

25%

Rent

$1,610

Total Return

$85,266

Annualized Return

22.7%

Cap Rate

6.8%

Gross Yield

10.2%

Cash Flow

$1,888

Appreciation

7.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,400

HOA

None

Flood Risk

Not Required

Affordable, one level, brick ranch in Lexington and zoned for River Bluff High! Great starter home or addition to your rental portfolio. Primary suite features full private bathroom too! Backyard provides a tranquil escape and is fully fenced too! Convenient to Lexington, West Columbia, schools, I-20, I-26, shopping, etc.

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

Annual Financial Highlights

Expected Rent

$18,354

Expenses

-$3,491

Property Taxes

-$2,700

Loan Payments

-$10,275

Net Cash Flow

$1,888

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:Tyler Crochet
Resource Realty Group
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceConsolidated MLS (CMLS)
MLS #597836
Last Updated: 12/02/2024 18:12
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