104 E Lake DrEstellineSD57234
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
Rental property for sale in Estelline at 104 E Lake Dr, Estelline, SD, 57234 offers $2,226/mo rent that, after a $3,646/mo payment. Total monthly income is $2,226/mo. Return on cash invested measures 7.91% in year one, and rental yield stands at 3.59% at a $745,000 entry. Equity gained on principal adds $4,807/yr while 5% annual appreciation compounds into $205,830 by year five. Five-year ROI records 38.65% and total cumulative return in cash reaches $94,724. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,226/mo property income versus a $3,646/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57234, Estelline, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 781 (100%) |
| Owner Occupied HU | 460 (58.9%) |
| Renter Occupied HU | 63 ( 8.1%) |
| Vacant Housing Units | 258 (33.0%) |
| Median Home Value | $316,867 |
| Average Home Value | $374,277 |
Housing Distribution
Address Breakdown
Residential
385
Single Family
385
Multi-Family
0
Businesses
39
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert J Hemiller • MAINSTREAM REALTY
Mls Name: Northeast South Dakota BOR
Mls ID: #37-561
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.