1103 Circle DrFlandreauSD57028
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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 Flandreau at 1103 Circle Dr, Flandreau, SD, 57028 offers a 3.24% rental yield on a $299,900 purchase with $810/mo rent. 81% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 32.76% and total cumulative return in cash at $32,572. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $810/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57028, Flandreau, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,523 (100%) |
| Owner Occupied HU | 966 (63.4%) |
| Renter Occupied HU | 401 (26.3%) |
| Vacant Housing Units | 156 (10.2%) |
| Median Home Value | $200,450 |
| Average Home Value | $349,128 |
Housing Distribution
Address Breakdown
Residential
1,406
Single Family
1,268
Multi-Family
138
Businesses
151
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Listed by: Deborah G Pulscher • Real Estate Retrievers of Sioux Falls
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22508996