175 Richmond Farm Cir

Lexington, SC 29072
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3 bd, 3 ba | 1,990 sqft | Built in 2019

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List Price
$295,000

Initial Investment

$80,388

Purchase Price

$295,000

Down Payment

25%

Rent

$2,020

Total Return

$117,144

Annualized Return

19.9%

Cap Rate

5.7%

Gross Yield

8.2%

Cash Flow

$90

Appreciation

6.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,847

HOA

$37/mo

Flood Risk

Not Required

This beautiful custom-built home offers 3 spacious bedrooms and 2.5 baths, perfect for families seeing both comfort and style. Situated in highly sought-after Lexington 1 School District, this home boasts an open-concept layout with 9-foot ceilings. The large great room and built-in granite bar flow seamlessly into the modern kitchen, which features stainless steel appliances and granite countertops. The master suite is a large bedroom and master bath with a double vanity sink, granite countertops, separate shower, garden tub, and walk-in closet. Additional standout features include a tankless water heater, central vacuum system, and fully paid off solar panels that will help with energy costs. Outside, the large fenced-in backyard provides privacy and space for outdoor activities, while the covered patio offers a peaceful spot to unwind. 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

$23,028

Expenses

-$4,201

Property Taxes

-$2,700

Loan Payments

-$16,038

Net Cash Flow

$90

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:Robbie Adams
CMM Realty, Inc.
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceConsolidated MLS (CMLS)
MLS #606544
Last Updated: 04/16/2025 13:04
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.