111 5th StNewellSD57760
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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 Newell at 111 5th St, Newell, SD, 57760 listed at $235,000 pairs $1,412/mo rent with a $1,150/mo payment. Total monthly income runs $1,412/mo. Return on cash invested measures 18.79% in year one, and rental yield registers 7.21% at a $235,000 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,926 by year five. Five-year ROI tracks 97.05% and total cumulative return in cash totals $75,604. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,412/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57760, Newell, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 601 (100%) |
| Owner Occupied HU | 421 (70.0%) |
| Renter Occupied HU | 91 (15.1%) |
| Vacant Housing Units | 89 (14.8%) |
| Median Home Value | $261,885 |
| Average Home Value | $336,158 |
Housing Distribution
Address Breakdown
Residential
363
Single Family
351
Multi-Family
12
Businesses
43
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Listed by: LORI REARICK • COLDWELL BANKER BLACK HILLS LEGACY
Mls Name: Black Hills AOR
Mls ID: #174864