105 Lovejoy LnAuroraSD57002
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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
Investment property for sale in Aurora at 105 Lovejoy Ln, Aurora, SD, 57002 with 5% annual appreciation on a $279,900 basis while $1,850/mo rent supports operations. Total monthly income totals $1,850/mo and a $1,370/mo payment preserves $81/mo for cash returns. Annual cash flow comes to $974/yr on $92,787 deployed, and return on cash invested reaches 20.96% in year one. Equity gained on principal adds $1,806/yr, and five-year appreciation sums $77,331 alongside rental yield of 7.93%. Five-year ROI measures 108.69% and total cumulative return in cash totals $100,849.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,850/mo property income versus a $1,370/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1982
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57002, Aurora, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 722 (100%) |
| Owner Occupied HU | 531 (73.5%) |
| Renter Occupied HU | 103 (14.3%) |
| Vacant Housing Units | 88 (12.2%) |
| Median Home Value | $264,928 |
| Average Home Value | $304,722 |
Housing Distribution
Address Breakdown
Residential
516
Single Family
500
Multi-Family
16
Businesses
19
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Listed by: Kari A. Westlund • Best Choice Real Estate
Mls Name: East Central South Dakota BOR
Mls ID: #25-601