107 Burnstad AveFlorenceSD57235
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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 Florence at 107 Burnstad Ave, Florence, SD, 57235 listed at $171,000 pairs $2,244/mo rent with a $837/mo payment to leave $1,163/mo cash flow. Total monthly income runs $2,244/mo, and annual cash flow reaches $13,960/yr on $56,687 cash to close. Return on cash invested measures 44.54% in year one, and rental yield registers 15.75% at a $171,000 basis. Equity gained on principal adds $1,103/yr, and annual property appreciation at 5% supports $47,244 by year five. Five-year ROI tracks 235.14% and total cumulative return in cash totals $133,295. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,244/mo property income relative to a $837/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57235, Florence, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 331 (100%) |
| Owner Occupied HU | 271 (81.9%) |
| Renter Occupied HU | 31 ( 9.4%) |
| Vacant Housing Units | 29 ( 8.8%) |
| Median Home Value | $325,000 |
| Average Home Value | $362,814 |
Housing Distribution
Address Breakdown
Residential
248
Single Family
248
Multi-Family
0
Businesses
14
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Listed by: DORETTE J CLARK • PLATINUM REALTY, INC.
Mls Name: Northeast South Dakota BOR
Mls ID: #50-142
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.