101 Beaver StElktonSD57026
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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 Elkton at 101 Beaver St, Elkton, SD, 57026 with 5% annual appreciation on a $249,900 basis while $1,620/mo rent supports operations. 7% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,043 alongside rental yield of 7.78%. Five-year ROI measures 102.2% and total cumulative return in cash totals $84,662. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,620/mo property income versus a $1,223/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57026, Elkton, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 584 (100%) |
| Owner Occupied HU | 404 (69.2%) |
| Renter Occupied HU | 114 (19.5%) |
| Vacant Housing Units | 66 (11.3%) |
| Median Home Value | $285,526 |
| Average Home Value | $313,849 |
Housing Distribution
Address Breakdown
Residential
435
Single Family
435
Multi-Family
0
Businesses
52
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Listed by: Mark Norgaard • Norgaard Real Estate
Mls Name: East Central South Dakota BOR
Mls ID: #24-624