3509 Mineral Springs Rd

Lexington, SC 29073
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3 bd, 2 ba | 1,742 sqft | Built in 1966

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List Price
$235,000

Initial Investment

$64,038

Purchase Price

$235,000

Down Payment

25%

Rent

$1,690

Total Return

$93,757

Annualized Return

19.9%

Cap Rate

5.8%

Gross Yield

8.6%

Cash Flow

$38

Appreciation

7.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Welcome to 3509 Mineral Springs Rd! This all-brick 3-bed, 2-bath ranch boasts an inviting open-concept floorplan with hardwoods throughout. Enjoy gatherings in the spacious great room featuring built-ins and a cozy gas fireplace, seamlessly flowing into the dining area and updated kitchen with stainless appliances. Retreat to three generous bedrooms for rest and relaxation. Step outside to unwind on the screened back porch overlooking the expansive nearly 1/2 acre wooded lot. Complete with a large covered carport, this home offers both comfort and convenience. Don't miss the chance to make this house your new home!

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NEIGHBORHOOD

SCHOOLS

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Chris deTreville
Auben Realty, LLC
GA Agent License #64566

Annual Financial Highlights

Expected Rent

$19,266

Expenses

-$4,153

Property Taxes

-$2,300

Loan Payments

-$12,776

Net Cash Flow

$38

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

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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:Jessica Nelson
Redfin Corporation
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceConsolidated MLS (CMLS)
MLS #581733
Last Updated: 03/26/2024 13:03
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.