112 W Park AveFort PierreSD57532
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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 Fort Pierre at 112 W Park Ave, Fort Pierre, SD, 57532 priced at $225,000 converts $1,240/mo rent into after a $1,101/mo obligation. Total monthly income equals $1,240/mo. Return on cash invested prints 16.99% in year one, and rental yield reads 6.61% against a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation compiles into $62,163 by year five. Five-year ROI reaches 87.37% and total cumulative return in cash sums $65,169. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,240/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Single Family
Built in 1928
6,850 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57532, Fort Pierre, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,453 (100%) |
| Owner Occupied HU | 1,020 (70.2%) |
| Renter Occupied HU | 244 (16.8%) |
| Vacant Housing Units | 189 (13.0%) |
| Median Home Value | $272,222 |
| Average Home Value | $329,140 |
Housing Distribution
Address Breakdown
Residential
1,100
Single Family
958
Multi-Family
142
Businesses
168
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Listed by: Meredith Lee • Lee Real Estate
Mls Name: Central South Dakota BOR
Mls Provider:
Mls ID: #24-295
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.