1117 W 3rd StRedfieldSD57469
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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 Redfield at 1117 W 3rd St, Redfield, SD, 57469 earns $129/mo cash flow from $818/mo rent with a $534/mo payment. Total monthly income totals $818/mo, and annual cash flow totals $1,544/yr on $36,134 capital. ROI tracks 24.18% on current figures, and rental yield reads 9.01% at a $109,000 purchase. Equity gained on principal adds $703/yr, and 5% annual appreciation supports $30,115 over five years. Five-year ROI reaches 125.99% and total cumulative return in cash sums $45,526. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $818/mo property income instead of your personal income.
Single Family
Built in 1910
7,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57469, Redfield, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,603 (100%) |
| Owner Occupied HU | 893 (55.7%) |
| Renter Occupied HU | 460 (28.7%) |
| Vacant Housing Units | 250 (15.6%) |
| Median Home Value | $157,830 |
| Average Home Value | $194,818 |
Housing Distribution
Address Breakdown
Residential
1,402
Single Family
1,218
Multi-Family
184
Businesses
182
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Listed by: Alisa Lutter • Lutter Realty Inc.
Mls Name: My State MLS
Mls ID: #11559005