207 Lovejoy LnAuroraSD57002
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 Aurora at 207 Lovejoy Ln, Aurora, SD, 57002 offers $1,865/mo rent that, after a $1,199/mo payment, leaves $317/mo cash flow. Total monthly income is $1,865/mo, and annual cash flow is $3,802/yr on $81,218 cash. Return on cash invested measures 24.59% in year one, and rental yield stands at 9.13% at a $245,000 entry. Equity gained on principal adds $1,581/yr while 5% annual appreciation compounds into $67,689 by year five. Five-year ROI records 128.12% and total cumulative return in cash reaches $104,052. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,865/mo property income versus a $1,199/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
0.30 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: DANYEL BOES KLOOS • MAINSTREAM REALTY
Mls Name: Northeast South Dakota BOR
Mls ID: #37-577