104 Prairie View AveIpswichSD57451
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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 Ipswich at 104 Prairie View Ave, Ipswich, SD, 57451 with 5% annual appreciation on a $329,900 basis while $2,430/mo rent supports operations. Total monthly income totals $2,430/mo and a $1,615/mo payment preserves $345/mo for cash returns. Annual cash flow comes to $4,139/yr on $109,362 deployed, and return on cash invested reaches 23.69% in year one. Equity gained on principal adds $2,129/yr, and five-year appreciation sums $91,145 alongside rental yield of 8.84%. Five-year ROI measures 123.29% and total cumulative return in cash totals $134,835.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,430/mo property income versus a $1,615/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57451, Ipswich, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,159 (100%) |
| Owner Occupied HU | 729 (62.9%) |
| Renter Occupied HU | 189 (16.3%) |
| Vacant Housing Units | 241 (20.8%) |
| Median Home Value | $293,254 |
| Average Home Value | $376,571 |
Housing Distribution
Address Breakdown
Residential
625
Single Family
625
Multi-Family
0
Businesses
87
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Listed by: Trent Osborne • Century 21 Investment Realtors
Mls Name: Aberdeen MLS
Mls Provider:
Mls ID: #25-198
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.