1427 N Lakeview DrGrenvilleSD57239
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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 Grenville at 1427 N Lakeview Dr, Grenville, SD, 57239 at $1,200,000 posts ROI 3.8% with from $2,213/mo rent. Total monthly income equals $2,213/mo. Return on cash invested measures 3.8% and rental yield reads 2.21% at the current $1,200,000. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 by year five. Five-year ROI prints 16.51% and total cumulative return in cash totals $64,175. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,213/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2003
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57239, Grenville, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 409 (100%) |
| Owner Occupied HU | 100 (24.4%) |
| Renter Occupied HU | 33 ( 8.1%) |
| Vacant Housing Units | 276 (67.5%) |
| Median Home Value | $322,222 |
| Average Home Value | $437,475 |
Housing Distribution
Address Breakdown
Residential
165
Single Family
165
Multi-Family
0
Businesses
4
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Listed by: Tetiana Althoff • RE/MAX Preferred Choice
Mls Name: Aberdeen MLS
Mls Provider:
Mls ID: #25-349
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.