106 5th St EClear LakeSD57226
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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
Rental property for sale in Clear Lake at 106 5th St E, Clear Lake, SD, 57226 priced at $169,900 pairs $1,351/mo rent with $277/mo cash flow after a $832/mo payment. Total monthly income equals $1,351/mo, and annual cash flow comes to $3,323/yr on $56,322 invested. Return on cash invested is 25.81% in year one, and rental yield stands at 9.54% on a $169,900 basis. Equity gained on principal adds $1,096/yr, and 5% annual appreciation accumulates to $46,940 by year five. Five-year ROI measures 134.64% and total cumulative return in cash reaches $75,830. For financing, Ziffy Mortgage’s DSCR program evaluates $1,351/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1951
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57226, Clear Lake, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 912 (100%) |
| Owner Occupied HU | 601 (65.9%) |
| Renter Occupied HU | 208 (22.8%) |
| Vacant Housing Units | 103 (11.3%) |
| Median Home Value | $186,349 |
| Average Home Value | $229,247 |
Housing Distribution
Address Breakdown
Residential
647
Single Family
594
Multi-Family
53
Businesses
95
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Listed by: Morgan Hoff • REAL ESTATE PROFESSIONALS
Mls Name: Northeast South Dakota BOR
Mls ID: #33-1888
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.