118 W Broadway AvePierreSD57501
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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 Pierre at 118 W Broadway Ave, Pierre, SD, 57501 at $299,000 posts ROI 26.36% with $533/mo cash flow from $2,422/mo rent. Total monthly income equals $2,422/mo, and annual cash flow records $6,395/yr on $99,119 to close. Return on cash invested measures 26.36% and rental yield reads 9.72% at the current $299,000. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 by year five. Five-year ROI prints 137.6% and total cumulative return in cash totals $136,390.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,422/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1951
6,580 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57501, Pierre, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,959 (100%) |
| Owner Occupied HU | 4,876 (61.3%) |
| Renter Occupied HU | 2,256 (28.3%) |
| Vacant Housing Units | 827 (10.4%) |
| Median Home Value | $253,378 |
| Average Home Value | $296,914 |
Housing Distribution
Address Breakdown
Residential
7,625
Single Family
6,604
Multi-Family
1,021
Businesses
1,013
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Listed by: Clayton Keck • Dacotah Diamond Auctions
Mls Name: NY State MLS
Mls ID: #11443859