1002 S 4th StParkstonSD57366
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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 Parkston at 1002 S 4th St, Parkston, SD, 57366 uses $39,962 cash to close to unlock $28,431/yr annual cash flow and $2,369/mo monthly cash flow. Total monthly income runs $3,131/mo, and a $590/mo payment keeps the spread at $2,369/mo. Purchase price stands at $120,550, and rental yield measures 31.17% with $3,131/mo rent. Return on cash invested shows 91.05% in year one, and 5% annual appreciation builds toward $33,306 over five years. Five-year ROI reaches 484.63% and total cumulative return in cash records $193,668. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,131/mo property income covering a $590/mo payment rather than investor’s personal income.
Single Family
Built in 1995
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57366, Parkston, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,074 (100%) |
| Owner Occupied HU | 737 (68.6%) |
| Renter Occupied HU | 214 (19.9%) |
| Vacant Housing Units | 123 (11.5%) |
| Median Home Value | $220,794 |
| Average Home Value | $291,136 |
Housing Distribution
Address Breakdown
Residential
728
Single Family
688
Multi-Family
40
Businesses
103
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Listed by: N/A • N/A
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