116897 Roykota DrLake CitySD57247
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 116897 Roykota Dr, Lake City, SD, 57247 in Lake City is straightforward: $295,000 in, $2,080/mo in rent, $215/mo out after debt service. The 8.46% gross yield and 1.49 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $81,503 by year five. With $2,473/yr in principal equity, the total cumulative return is projected at $120,407.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.2% |
| Monthly Cash Flow | $215 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,080 |
| Total Monthly Debt Service | $1,819 |
| DSCR Ratio | 1.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57247, Lake City, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 503 (100%) |
| Owner Occupied HU | 148 (29.4%) |
| Renter Occupied HU | 44 ( 8.7%) |
| Vacant Housing Units | 311 (61.8%) |
| Median Home Value | $209,375 |
| Average Home Value | $245,456 |
Housing Distribution
Address Breakdown
Residential
179
Single Family
179
Multi-Family
0
Businesses
6
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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
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Listed by: N/A • N/A
Mls Name: My State MLS
Mls ID: #11776857
