509 Ashdown Park Ct

Lexington, SC 29072
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4 bd, 4 ba | 2,609 sqft | Built in 1998

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List Price
$370,000

Initial Investment

$100,825

Purchase Price

$370,000

Down Payment

25%

Rent

$2,310

Total Return

$117,919

Annualized Return

15.8%

Cap Rate

4.3%

Gross Yield

7.5%

Cash Flow

-$5,319

Appreciation

6.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Welcome to your next home at 509 Ashdown Park Ct, Lexington, SC 29072 – a charming property boasting not only a desirable location but brimming with potential for personalization. Nestled in a tranquil community, this house invites you with 4 spacious bedrooms and 3.5 well-appointed bathrooms, making comfortable living a given. The kitchen of this home offers a blank canvas for those with a keen eye for renovation, providing an exceptional opportunity to infuse your personal style. Step inside to discover a finished basement that multiplies the living space. The practical features extend outdoors; a private patio and a generous deck await for your leisure or entertaining moments, complemented by a serene pool area that promises endless fun under the sun, not to mention a handy pool house for added convenience. Situated on a lot that encourages outdoor activities, the property’s advantage is its location. With the Publix Super Market a couple miles away, grocery runs are a breeze. For those who cherish nature and outdoor ventures, the Fourteen Mile Creek Trail is within walking distance, offering scenic views and a break from the daily hustle. Affordably priced, this property stands as an unique opportunity in Lexington, perfectly balancing its quiet surroundings with close proximity to essential amenities. Whether you’re drawn by its renovation potential or the blend of indoor and outdoor living spaces, 509 Ashdown Park Ct holds the key to a lifestyle upgrade.

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

Annual Financial Highlights

Expected Rent

$26,334

Expenses

-$4,687

Property Taxes

-$6,850

Loan Payments

-$20,115

Net Cash Flow

-$5,319

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:Jody Jernigan
Paradigm Real Estate Group
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceConsolidated MLS (CMLS)
MLS #583037
Last Updated: 04/17/2024 21:04
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.