109 W Teek StParkstonSD57366
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
Investment property for sale in Parkston at 109 W Teek St, Parkston, SD, 57366 offers a 10.42% rental yield on a $157,000 purchase with $1,363/mo rent. Total monthly income registers $1,363/mo, and a $768/mo payment leaves $371/mo available for distribution. Annual cash flow reaches $4,455/yr on $52,046 to close, and return on cash invested stands at 28.47% in year one. Equity gained on principal adds $1,013/yr while 5% annual appreciation supports $43,376 over five years. Portfolio math shows five-year ROI at 148.98% and total cumulative return in cash at $77,540. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,363/mo property income against a $768/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1915
10,650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57366, Parkston, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,074 (100%) |
| Owner Occupied HU | 737 (68.6%) |
| Renter Occupied HU | 214 (19.9%) |
| Vacant Housing Units | 123 (11.5%) |
| Median Home Value | $220,794 |
| Average Home Value | $291,136 |
Housing Distribution
Address Breakdown
Residential
728
Single Family
688
Multi-Family
40
Businesses
103
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Listed by: Keith Weber • Juffer Real Estate
Mls Name: Mitchell BOR
Mls ID: #25-393