111 S 6th StBeresfordSD57004
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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 Beresford at 111 S 6th St, Beresford, SD, 57004 offers a 8.19% rental yield on a $369,000 purchase with $2,519/mo rent. Total monthly income registers $2,519/mo, and a $1,806/mo payment leaves $187/mo available for distribution. Annual cash flow reaches $2,246/yr on $122,324 to close, and return on cash invested stands at 21.75% in year one. Equity gained on principal adds $2,381/yr while 5% annual appreciation supports $101,948 over five years. Portfolio math shows five-year ROI at 112.89% and total cumulative return in cash at $138,087. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,519/mo property income against a $1,806/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57004, Beresford, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,559 (100%) |
| Owner Occupied HU | 1,159 (74.3%) |
| Renter Occupied HU | 304 (19.5%) |
| Vacant Housing Units | 96 ( 6.2%) |
| Median Home Value | $292,170 |
| Average Home Value | $331,299 |
Housing Distribution
Address Breakdown
Residential
1,449
Single Family
1,361
Multi-Family
88
Businesses
153
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Listed by: Joseph A Wootan • ListWithFreedom.com
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22505560