1223 W 11th StYanktonSD57078
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1223 W 11th St, Yankton, SD, 57078 uses $74,223 cash to close to unlock $4,115/yr annual cash flow and $343/mo monthly cash flow. Total monthly income runs $1,758/mo, and a $1,096/mo payment keeps the spread at $343/mo. Purchase price stands at $223,900, and rental yield measures 9.42% with $1,758/mo rent. Return on cash invested shows 25.45% in year one, and 5% annual appreciation builds toward $61,859 over five years. Five-year ROI reaches 132.73% and total cumulative return in cash records $98,520. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,758/mo property income covering a $1,096/mo payment rather than investor’s personal income.
Single Family
Built in 1946
0.50 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelly Filips • Americas Best Realty
Mls Name: Meridian AOR
Mls ID: #117107