134 N Park St NEWagnerSD57380
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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 Wagner at 134 N Park St NE, Wagner, SD, 57380 uses $61,328 cash to close to unlock $2,164/yr annual cash flow and $180/mo monthly cash flow. Total monthly income runs $1,349/mo, and a $905/mo payment keeps the spread at $180/mo. Purchase price stands at $185,000, and rental yield measures 8.75% with $1,349/mo rent. Return on cash invested shows 23.44% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 121.99% and total cumulative return in cash records $74,811. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,349/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57380, Wagner, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,180 (100%) |
| Owner Occupied HU | 677 (57.4%) |
| Renter Occupied HU | 380 (32.2%) |
| Vacant Housing Units | 123 (10.4%) |
| Median Home Value | $235,241 |
| Average Home Value | $315,358 |
Housing Distribution
Address Breakdown
Residential
539
Single Family
487
Multi-Family
52
Businesses
114
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Listed by: Carson Koehn • Juffer Real Estate
Mls Name: Mitchell BOR
Mls Provider:
Mls ID: #25-139
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.