115 Westwood LnMccook LakeSD57049
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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 Mccook Lake at 115 Westwood Ln, Mccook Lake, SD, 57049 offers a 3.87% rental yield on a $450,000 purchase with $1,450/mo rent. 69% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 42.87% and total cumulative return in cash at $63,954. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,450/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57049, North Sioux City, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,494 (100%) |
| Owner Occupied HU | 2,294 (65.7%) |
| Renter Occupied HU | 1,068 (30.6%) |
| Vacant Housing Units | 132 ( 3.8%) |
| Median Home Value | $447,794 |
| Average Home Value | $495,932 |
Housing Distribution
Address Breakdown
Residential
3,392
Single Family
2,685
Multi-Family
707
Businesses
446
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Listed by: Chuck Burnett • United Real Estate Solutions
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828369
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.