307 Lovejoy LnAuroraSD57002
Nearby investment properties with comparable rents
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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
Rental property for sale in Aurora at 307 Lovejoy Ln, Aurora, SD, 57002 priced at $307,600 pairs $2,452/mo rent with $508/mo cash flow after a $1,506/mo payment. Total monthly income equals $2,452/mo, and annual cash flow comes to $6,092/yr on $101,969 invested. Return on cash invested is 25.88% in year one, and rental yield stands at 9.57% on a $307,600 basis. Equity gained on principal adds $1,985/yr, and 5% annual appreciation accumulates to $84,984 by year five. Five-year ROI measures 135.07% and total cumulative return in cash reaches $137,734. For financing, Ziffy Mortgage’s DSCR program evaluates $2,452/mo property income against a $1,506/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2017
0.33 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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