115 S 2nd StBristolSD57219
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bristol at 115 S 2nd St, Bristol, SD, 57219 listed at $199,000 pairs $1,279/mo rent with a $974/mo payment to leave $21/mo cash flow. Total monthly income runs $1,279/mo, and annual cash flow reaches $257/yr on $65,969 cash to close. Return on cash invested measures 20.3% in year one, and rental yield registers 7.71% at a $199,000 basis. Equity gained on principal adds $1,284/yr, and annual property appreciation at 5% supports $54,980 by year five. Five-year ROI tracks 105.15% and total cumulative return in cash totals $69,366. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,279/mo property income relative to a $974/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1963
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57219, Bristol, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 258 (100%) |
| Owner Occupied HU | 176 (68.2%) |
| Renter Occupied HU | 25 ( 9.7%) |
| Vacant Housing Units | 57 (22.1%) |
| Median Home Value | $175,000 |
| Average Home Value | $276,378 |
Housing Distribution
Address Breakdown
Residential
208
Single Family
208
Multi-Family
0
Businesses
25
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Listed by: Merry Lone • ML Real Estate
Mls Name: My State MLS
Mls ID: #11525298