114 Main StLeolaSD57456
Nearby investment properties with comparable rents
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 Leola at 114 Main St, Leola, SD, 57456 offers $1,114/mo rent that, after a $680/mo payment, leaves $236/mo cash flow. Total monthly income is $1,114/mo, and annual cash flow is $2,831/yr on $46,079 cash. Return on cash invested measures 26.05% in year one, and rental yield stands at 9.62% at a $139,000 entry. Equity gained on principal adds $897/yr while 5% annual appreciation compounds into $38,403 by year five. Five-year ROI records 135.93% and total cumulative return in cash reaches $62,636. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,114/mo property income versus a $680/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57456, Leola, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 393 (100%) |
| Owner Occupied HU | 266 (67.7%) |
| Renter Occupied HU | 57 (14.5%) |
| Vacant Housing Units | 70 (17.8%) |
| Median Home Value | $97,647 |
| Average Home Value | $169,107 |
Housing Distribution
Address Breakdown
Residential
177
Single Family
177
Multi-Family
0
Businesses
48
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Listed by: Ronda Geffre • Leola Realty
Mls Name: My State MLS
Mls ID: #11559660