1329 Harmony LnWatertownSD57201
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 Watertown at 1329 Harmony Ln, Watertown, SD, 57201 listed at $380,000 pairs $2,233/mo rent with a $1,860/mo payment. Total monthly income runs $2,233/mo. Return on cash invested measures 18.3% in year one, and rental yield registers 7.05% at a $380,000 basis. Equity gained on principal adds $2,452/yr, and annual property appreciation at 5% supports $104,987 by year five. Five-year ROI tracks 94.41% and total cumulative return in cash totals $118,933. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,233/mo property income relative to a $1,860/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57201, Watertown, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,815 (100%) |
| Owner Occupied HU | 7,500 (58.5%) |
| Renter Occupied HU | 4,115 (32.1%) |
| Vacant Housing Units | 1,200 ( 9.4%) |
| Median Home Value | $259,317 |
| Average Home Value | $291,875 |
Housing Distribution
Address Breakdown
Residential
12,495
Single Family
11,112
Multi-Family
1,383
Businesses
1,502
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LYNN MORRIS • THE REALTY TEAM
Mls Name: Northeast South Dakota BOR
Mls ID: #24-7154