315 Main AveLestervilleSD57040
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 Lesterville at 315 Main Ave, Lesterville, SD, 57040 priced at $210,000 converts $1,614/mo rent into $287/mo cash flow after a $1,028/mo obligation. Total monthly income equals $1,614/mo, and annual cash flow totals $3,441/yr on $69,615 invested. Return on cash invested prints 24.85% in year one, and rental yield reads 9.22% against a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation compiles into $58,019 by year five. Five-year ROI reaches 129.51% and total cumulative return in cash sums $90,160. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,614/mo property income covering a $1,028/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57040, Lesterville, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 176 (100%) |
| Owner Occupied HU | 123 (69.9%) |
| Renter Occupied HU | 20 (11.4%) |
| Vacant Housing Units | 33 (18.7%) |
| Median Home Value | $248,611 |
| Average Home Value | $291,138 |
Housing Distribution
Address Breakdown
Residential
116
Single Family
116
Multi-Family
0
Businesses
12
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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