114 4th Ave SEWatertownSD57201
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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 Watertown at 114 4th Ave SE, Watertown, SD, 57201 with 5% annual appreciation on a $137,357 basis while $1,453/mo rent supports operations. Total monthly income totals $1,453/mo and a $672/mo payment preserves $585/mo for cash returns. Annual cash flow comes to $7,023/yr on $45,534 deployed, and return on cash invested reaches 35.33% in year one. Equity gained on principal adds $886/yr, and five-year appreciation sums $37,949 alongside rental yield of 12.69%. Five-year ROI measures 185.79% and total cumulative return in cash totals $84,597.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,453/mo property income versus a $672/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1904
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57201, Watertown, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,815 (100%) |
| Owner Occupied HU | 7,500 (58.5%) |
| Renter Occupied HU | 4,115 (32.1%) |
| Vacant Housing Units | 1,200 ( 9.4%) |
| Median Home Value | $259,317 |
| Average Home Value | $291,875 |
Housing Distribution
Address Breakdown
Residential
12,495
Single Family
11,112
Multi-Family
1,383
Businesses
1,502
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Listed by: JODY FIEDLER • MAINSTREAM REALTY
Mls Name: Northeast South Dakota BOR
Mls ID: #37-564
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.