1208 Country Club DrElk PointSD57025
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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 Elk Point at 1208 Country Club Dr, Elk Point, SD, 57025 offers a 10.91% rental yield on a $379,000 purchase with $3,446/mo rent. Total monthly income registers $3,446/mo, and a $1,855/mo payment leaves $1,051/mo available for distribution. Annual cash flow reaches $12,611/yr on $125,639 to close, and return on cash invested stands at 29.95% in year one. Equity gained on principal adds $2,446/yr while 5% annual appreciation supports $104,711 over five years. Portfolio math shows five-year ROI at 156.83% and total cumulative return in cash at $197,039. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,446/mo property income against a $1,855/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57025, Elk Point, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,524 (100%) |
| Owner Occupied HU | 1,083 (71.1%) |
| Renter Occupied HU | 337 (22.1%) |
| Vacant Housing Units | 104 ( 6.8%) |
| Median Home Value | $234,891 |
| Average Home Value | $248,998 |
Housing Distribution
Address Breakdown
Residential
905
Single Family
837
Multi-Family
68
Businesses
118
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Listed by: Troy Donnelly • Herrity & Associates
Mls Name: Northwest Iowa Regional BOR
Mls ID: #831148