1330 S Katie AveTeaSD57064
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
Rental property for sale in Tea at 1330 S Katie Ave, Tea, SD, 57064 priced at $243,800 pairs $1,814/mo rent with $124/mo cash flow after a $1,193/mo payment. Total monthly income equals $1,814/mo, and annual cash flow comes to $1,483/yr on $80,820 invested. Return on cash invested is 21.74% in year one, and rental yield stands at 8.93% on a $243,800 basis. Equity gained on principal adds $1,573/yr, and 5% annual appreciation accumulates to $67,357 by year five. Five-year ROI measures 113.67% and total cumulative return in cash reaches $91,867. For financing, Ziffy Mortgage’s DSCR program evaluates $1,814/mo property income against a $1,193/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2024
3,596 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57064, Tea, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,630 (100%) |
| Owner Occupied HU | 1,755 (66.7%) |
| Renter Occupied HU | 743 (28.3%) |
| Vacant Housing Units | 132 ( 5.0%) |
| Median Home Value | $346,875 |
| Average Home Value | $371,044 |
Housing Distribution
Address Breakdown
Residential
3,020
Single Family
2,966
Multi-Family
54
Businesses
369
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Listed by: Amy Evans • House 2 Home LLC
Mls Name: Realtor Association of the Sioux Empire
Mls Provider:
Mls ID: #22402606
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but not guaranteed. Copyright 2024 REALTOR Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.