116 Drake CirYanktonSD57078
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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 Yankton at 116 Drake Cir, Yankton, SD, 57078 offers a 0.6% rental yield on a $1,250,000 purchase with $624/mo rent. 19% in year one. Equity gained on principal adds $8,066/yr while 5% annual appreciation supports $345,352 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $624/mo property income against a $6,118/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57078, Yankton, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,358 (100%) |
| Owner Occupied HU | 5,631 (60.2%) |
| Renter Occupied HU | 2,882 (30.8%) |
| Vacant Housing Units | 845 ( 9.0%) |
| Median Home Value | $252,854 |
| Average Home Value | $294,592 |
Housing Distribution
Address Breakdown
Residential
8,855
Single Family
7,648
Multi-Family
1,207
Businesses
1,031
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Listed by: Joel McDowell • CORE Real Estate
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22506849