1016 Putter CirDell RapidsSD57022
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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 Dell Rapids at 1016 Putter Cir, Dell Rapids, SD, 57022 offers a 2.25% rental yield on a $799,900 purchase with $1,500/mo rent. 85% in year one. Equity gained on principal adds $5,162/yr while 5% annual appreciation supports $220,998 over five years. Portfolio math shows five-year ROI at 16.88% and total cumulative return in cash at $44,412. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,500/mo property income against a $3,915/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57022, Dell Rapids, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,273 (100%) |
| Owner Occupied HU | 1,713 (75.4%) |
| Renter Occupied HU | 504 (22.2%) |
| Vacant Housing Units | 56 ( 2.5%) |
| Median Home Value | $381,719 |
| Average Home Value | $464,361 |
Housing Distribution
Address Breakdown
Residential
2,130
Single Family
2,017
Multi-Family
113
Businesses
169
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Listed by: Amy L Lensing • Hegg, REALTORS
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22507254