1003 5th Ave WLemmonSD57638
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Lemmon at 1003 5th Ave W, Lemmon, SD, 57638 listed at $124,300 pairs $1,548/mo rent with a $608/mo payment to leave $752/mo cash flow. Total monthly income runs $1,548/mo, and annual cash flow reaches $9,024/yr on $41,205 cash to close. Return on cash invested measures 41.81% in year one, and rental yield registers 14.94% at a $124,300 basis. Equity gained on principal adds $802/yr, and annual property appreciation at 5% supports $34,342 by year five. Five-year ROI tracks 220.52% and total cumulative return in cash totals $90,865. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,548/mo property income relative to a $608/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 1979
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57638, Lemmon, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,022 (100%) |
| Owner Occupied HU | 528 (51.7%) |
| Renter Occupied HU | 216 (21.1%) |
| Vacant Housing Units | 278 (27.2%) |
| Median Home Value | $115,882 |
| Average Home Value | $151,979 |
Housing Distribution
Address Breakdown
Residential
895
Single Family
839
Multi-Family
56
Businesses
132
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Listed by: N/A • N/A
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