Is Lexington County, SC good for real estate investing?

Lexington County has an investment score of 61/100, rated as "Buy". The county ranks #298 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Lexington?

The rent-to-price ratio in Lexington County is 7.14% annually, which ranks in the 80th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Lexington?

The median home price in Lexington County is $265,924. This ranks #580 in affordability among all US counties.

Can you cash flow on rental properties in Lexington?

Based on median values with 20% down at current rates, a typical rental in Lexington County would generate negative cash flow of $366/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Lexington County

South CarolinaPopulation: 295,934

/100

Buy

#298 of 1,000 counties

#10 in South Carolina (46 counties)

Market Snapshot

$265,924

Median Home Price

14% above national median

$1,581/mo

Median Rent

5% above national median

7.14%

Rent-to-Price Ratio

Top 20% nationally

-$366

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$265,924

Down Payment (20%)$53,185

Loan Amount$212,739

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,581

Monthly P&I-$1,394

Est. Expenses (35%)-$553

Net Cash Flow-$366/mo

4.6%

Cap Rate (all cash)

-7.2%

Cash-on-Cash Return

7.14%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.6% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

61/100

Cash Flow(30%)

71/100

Based on 7.14% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

51/100

Based on 0.1% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

74/100

Price-to-income ratio of 3.7x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Above-average rent-to-price ratio (7.14%)
+Affordable relative to local incomes
+Complete rent data available

Challenges

-Negative cash flow at typical financing (-$366/mo)
-Negative leverage (cap rate 4.6% < mortgage rate 6.9%)

Economic Indicators

Population

295,934

Median Income

$71,280

vs $57,018 national est.

Unemployment Rate

—

Data pending

Price-to-Income

3.7x

Moderately affordable

Compare to Nearby Counties

County					Verdict
McCormickSC	63	$319,373	Est. pending	—	Buy	View
GreenwoodSC	62	$166,406	$1,136	8.19%	Buy	View
SpartanburgSC	62	$272,812	$1,436	6.32%	Buy	View
SumterSC	62	$208,095	$1,368	7.89%	Buy	View
CurrentLexingtonSC	61	$265,924	$1,581	7.14%	Buy
OconeeSC	60	$279,544	$1,501	6.44%	Buy	View

The Bottom Line

BuyLexington offers solid investment potential with good cash flow or appreciation prospects.

Lexington County in South Carolina scores 61/100, ranking #298 of 1,000 US counties (top 39%). The 7.14% rent-to-price ratio indicates moderate cash flow potential. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow

$-366/mo

Cap Rate

4.6%

Cash-on-Cash

-7.2%

Ready to Analyze a Deal in Lexington?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

Explore Other Markets

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$265,924

Down Payment (20%)$53,185

Loan Amount$212,739

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,581

Monthly P&I-$1,394

Est. Expenses (35%)-$553

Net Cash Flow-$366/mo

4.6%

Cap Rate (all cash)

-7.2%

Cash-on-Cash Return

7.14%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.6% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

61/100

Cash Flow(30%)

71/100

Based on 7.14% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

51/100

Based on 0.1% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

74/100

Price-to-income ratio of 3.7x. Lower ratios indicate more affordable markets.

County

Verdict

McCormickSC

$319,373

Est. pending

—

Buy

View

GreenwoodSC

$166,406

$1,136

8.19%

Buy

View

SpartanburgSC

$272,812

$1,436

6.32%

Buy

View

SumterSC

$208,095

$1,368

7.89%

Buy

View

CurrentLexingtonSC

$265,924

$1,581

7.14%

Buy

OconeeSC

$279,544

$1,501

6.44%

Buy

View

The Bottom Line

BuyLexington offers solid investment potential with good cash flow or appreciation prospects.

Monthly Cash Flow

$-366/mo

Cap Rate

4.6%

Cash-on-Cash

-7.2%