1529 Mesa Verde Ct

Lexington, SC 29073
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5 bd, 3 ba | 2,231 sqft | Built in 2020

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List Price
$283,500

Initial Investment

$77,254

Purchase Price

$283,500

Down Payment

25%

Rent

$2,150

Total Return

$109,603

Annualized Return

19.3%

Cap Rate

5.3%

Gross Yield

9.1%

Cash Flow

-$615

Appreciation

7.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,534

HOA

None

Flood Risk

Not Required

Located At A Quiet Cul-De-Sac At Beautiful Ridgeview! It Is A Spacious And Inviting House With Truly 5 Bedrooms, 2.5 Bathrooms, Covering 2231 Sqft. The Layout Is Designed For Both Comfort And Practical Living. As You Step Inside, You'll Find An Inviting Huge Open Great Room/Dining Room Area That Connects To Kitchen. A Convenient Half Bath Completes The Main Living Space Downstairs. Kitchen Has Granite Countertops, A Large Island, Stainless Appliances, A Pantry And Two Storage Space. Upstairs Reveals Five Full Sized Bedrooms And Two Full Bathrooms. The Owner's Suite Has 2 Walk-In Closet (His And Hers), Double Vanity, And Step In Shower. 4 Other Bedrooms Are Spacious With Their Own Closet (2 Rooms With Walk In Closet, 2 Rooms With Private Closet). Shared Full Bathroom Has Double Vanity And A Tub. Laundry Room Is Situated On The Upper Level. New LVP Floor Throughout All The Bedrooms, First Floor And Hall Way! No Carpet In This House! Zoned For Award-Winning Lexington 1 Schools, This Home Is Conveniently Located Near Multiple Dining And Shopping Options Between Lexington And Red Bank, Convenient To Hwy 6, I-20, And Downtown Columbia. P.S. This House Is USDA Eligible. Welcome Home!

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

Annual Financial Highlights

Expected Rent

$24,510

Expenses

-$3,652

Property Taxes

-$6,060

Loan Payments

-$15,413

Net Cash Flow

-$615

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:Sonta Butler
Executive Realty
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceConsolidated MLS (CMLS)
MLS #582748
Last Updated: 04/10/2024 17:04
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