101 S 4th StParkstonSD57366
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
Investment property for sale in Parkston at 101 S 4th St, Parkston, SD, 57366 offers a 8.4% rental yield on a $219,500 purchase with $1,537/mo rent. Total monthly income registers $1,537/mo, and a $1,074/mo payment leaves $150/mo available for distribution. Annual cash flow reaches $1,803/yr on $72,764 to close, and return on cash invested stands at 22.39% in year one. Equity gained on principal adds $1,416/yr while 5% annual appreciation supports $60,644 over five years. Portfolio math shows five-year ROI at 116.35% and total cumulative return in cash at $84,658. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,537/mo property income against a $1,074/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.30 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A