115 State Highway 28Willow LakeSD57278
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 Willow Lake at 115 State Highway 28, Willow Lake, SD, 57278 listed at $229,900 pairs $1,354/mo rent with a $1,125/mo payment. Total monthly income runs $1,354/mo. Return on cash invested measures 18.36% in year one, and rental yield registers 7.07% at a $229,900 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,517 by year five. Five-year ROI tracks 94.71% and total cumulative return in cash totals $72,179. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,354/mo property income relative to a $1,125/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
1.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57278, Willow Lake, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 307 (100%) |
| Owner Occupied HU | 204 (66.4%) |
| Renter Occupied HU | 53 (17.3%) |
| Vacant Housing Units | 50 (16.3%) |
| Median Home Value | $223,077 |
| Average Home Value | $316,924 |
Housing Distribution
Address Breakdown
Residential
228
Single Family
228
Multi-Family
0
Businesses
35
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Nearby investment properties with comparable prices
Listed by: Kelan Bludorn • Best Choice Real Estate
Mls Name: East Central South Dakota BOR
Mls ID: #25-229