209 Main StLangfordSD57454
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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 Langford at 209 Main St, Langford, SD, 57454 offers a 11.67% rental yield on a $125,000 purchase with $1,216/mo rent. Total monthly income registers $1,216/mo, and a $612/mo payment leaves $426/mo available for distribution. Annual cash flow reaches $5,110/yr on $41,438 to close, and return on cash invested stands at 32.24% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 169.16% and total cumulative return in cash at $70,097. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,216/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57454, Langford, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 293 (100%) |
| Owner Occupied HU | 215 (73.4%) |
| Renter Occupied HU | 34 (11.6%) |
| Vacant Housing Units | 44 (15.0%) |
| Median Home Value | $213,816 |
| Average Home Value | $277,500 |
Housing Distribution
Address Breakdown
Residential
167
Single Family
167
Multi-Family
0
Businesses
15
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Listed by: Merry Lone • ML Real Estate
Mls Name: My State MLS
Mls ID: #11559043