103 4th Ave WLemmonSD57638
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Nearby investment properties with comparable prices
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
Rental property for sale in Lemmon at 103 4th Ave W, Lemmon, SD, 57638 priced at $179,500 pairs $1,422/mo rent with $287/mo cash flow after a $879/mo payment. Total monthly income equals $1,422/mo, and annual cash flow comes to $3,447/yr on $59,504 invested. Return on cash invested is 25.7% in year one, and rental yield stands at 9.51% on a $179,500 basis. Equity gained on principal adds $1,158/yr, and 5% annual appreciation accumulates to $49,593 by year five. Five-year ROI measures 134.15% and total cumulative return in cash reaches $79,828. For financing, Ziffy Mortgage’s DSCR program evaluates $1,422/mo property income against a $879/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1946
7,000 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: Ken Wilson • Coyote Country Realty
Mls Name: Badlands BOR
Mls Provider:
Mls ID: #25-249
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.