102 Lincoln AveWillow LakeSD57278
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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 Willow Lake at 102 Lincoln Ave, Willow Lake, SD, 57278 offers a 9.56% rental yield on a $127,900 purchase with $1,019/mo rent. Total monthly income registers $1,019/mo, and a $626/mo payment leaves $211/mo available for distribution. Annual cash flow reaches $2,529/yr on $42,399 to close, and return on cash invested stands at 25.87% in year one. Equity gained on principal adds $825/yr while 5% annual appreciation supports $35,336 over five years. Portfolio math shows five-year ROI at 135.04% and total cumulative return in cash at $57,255. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,019/mo property income against a $626/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57278, Willow Lake, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 307 (100%) |
| Owner Occupied HU | 204 (66.4%) |
| Renter Occupied HU | 53 (17.3%) |
| Vacant Housing Units | 50 (16.3%) |
| Median Home Value | $223,077 |
| Average Home Value | $316,924 |
Housing Distribution
Address Breakdown
Residential
228
Single Family
228
Multi-Family
0
Businesses
35
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Listed by: RHONDA DARGATZ • REALTY XCHANGE
Mls Name: Northeast South Dakota BOR
Mls ID: #47-45