11 Grant Ave SEWagnerSD57380
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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 Wagner at 11 Grant Ave SE, Wagner, SD, 57380 generates $1,386/mo in rent and, after a $782/mo payment, leaves $376/mo in cash flow. Total monthly income is $1,386/mo, and annual cash flow is $4,516/yr on $52,957 invested. Return on cash invested sits at 28.44% in year one, and rental yield is 10.41% on a $159,750 entry. Equity gained on principal adds $1,031/yr, while 5% annual appreciation builds toward $44,136 over five years. Five-year ROI reaches 148.82% and total cumulative return in cash sums $78,811. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,386/mo property income rather than buyer’s personal income.
Single Family
Built in 1903
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57380, Wagner, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,180 (100%) |
| Owner Occupied HU | 677 (57.4%) |
| Renter Occupied HU | 380 (32.2%) |
| Vacant Housing Units | 123 (10.4%) |
| Median Home Value | $235,241 |
| Average Home Value | $315,358 |
Housing Distribution
Address Breakdown
Residential
539
Single Family
487
Multi-Family
52
Businesses
114
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Listed by: Alison Woods • Juffer Real Estate
Mls Name: Mitchell BOR
Mls ID: #25-272