365 Linden Ave SEWolseySD57384
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 Wolsey at 365 Linden Ave SE, Wolsey, SD, 57384 offers $1,098/mo rent that, after a $575/mo payment, leaves $356/mo cash flow. Total monthly income is $1,098/mo, and annual cash flow is $4,267/yr on $38,951 cash. Return on cash invested measures 30.86% in year one, and rental yield stands at 11.21% at a $117,500 entry. Equity gained on principal adds $758/yr while 5% annual appreciation compounds into $32,463 by year five. Five-year ROI records 161.78% and total cumulative return in cash reaches $63,014. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,098/mo property income versus a $575/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57384, Wolsey, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 382 (100%) |
| Owner Occupied HU | 287 (75.1%) |
| Renter Occupied HU | 49 (12.8%) |
| Vacant Housing Units | 46 (12.0%) |
| Median Home Value | $275,000 |
| Average Home Value | $286,368 |
Housing Distribution
Address Breakdown
Residential
303
Single Family
295
Multi-Family
8
Businesses
27
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Listed by: Roger Chase • Action Realty
Mls Name: Huron BOR
Mls Provider:
Mls ID: #25-110
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.