313 S Cedar StLennoxSD57039
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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 Lennox at 313 S Cedar St, Lennox, SD, 57039 generates $2,020/mo in rent, after a $1,634/mo payment. Total monthly income is $2,020/mo. Return on cash invested sits at 18.94% in year one, and rental yield is 7.26% on a $333,900 entry. Equity gained on principal adds $2,155/yr, while 5% annual appreciation builds toward $92,250 over five years. Five-year ROI reaches 97.83% and total cumulative return in cash sums $108,287. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,020/mo property income rather than buyer’s personal income.
Single Family
Built in 1917
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57039, Lennox, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,611 (100%) |
| Owner Occupied HU | 1,243 (77.2%) |
| Renter Occupied HU | 293 (18.2%) |
| Vacant Housing Units | 75 ( 4.7%) |
| Median Home Value | $341,667 |
| Average Home Value | $366,303 |
Housing Distribution
Address Breakdown
Residential
1,252
Single Family
1,201
Multi-Family
51
Businesses
89
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Listed by: N/A • N/A
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