321 E 4th AveLennoxSD57039
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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 Lennox at 321 E 4th Ave, Lennox, SD, 57039 uses $34,774 cash to close to unlock $1,806/yr annual cash flow and $151/mo monthly cash flow. Total monthly income runs $813/mo, and a $513/mo payment keeps the spread at $151/mo. Purchase price stands at $104,900, and rental yield measures 9.3% with $813/mo rent. Return on cash invested shows 25.1% in year one, and 5% annual appreciation builds toward $28,982 over five years. Five-year ROI reaches 130.91% and total cumulative return in cash records $45,522. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $813/mo property income covering a $513/mo payment rather than investor’s personal income.
Single Family
Built in 1925
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: Chad Theisen • Midwest Realty
Mls Name: BHHS broker feed
Mls ID: #22508859