612 W 1st AveLennoxSD57039
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Investment property for sale in Lennox at 612 W 1st Ave, Lennox, SD, 57039 listed at $190,000 pairs $0/mo rent with a $930/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -2.97% in year one, and rental yield registers 0% at a $190,000 basis. Equity gained on principal adds $1,226/yr, and annual property appreciation at 5% supports $52,494 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $930/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
7,352 sqft 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Cullen T Rutten • Keller Williams Realty Sioux Falls
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22507960