1221 Douglas AveYanktonSD57078
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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 1221 Douglas Ave, Yankton, SD, 57078 uses $99,417 cash to close to unlock $6,728/yr annual cash flow and $561/mo monthly cash flow. Total monthly income runs $2,456/mo, and a $1,468/mo payment keeps the spread at $561/mo. Purchase price stands at $299,900, and rental yield measures 9.83% with $2,456/mo rent. Return on cash invested shows 26.68% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 139.31% and total cumulative return in cash records $138,496. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,456/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1921
0.34 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: Deb Specht • Vision Real Estate Services
Mls Name: Meridian AOR
Mls Provider:
Mls ID: #116693
Disclaimer: Copyright Lewis & Clark Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.