13649 358th AveIpswichSD57451
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 13649 358th Ave, Ipswich, SD, 57451 in Ipswich is capital appreciation. Rental yield 5.01%. The 5.01% gross yield at $447,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $123,498 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.93) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $108,035.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 6.2% |
| Monthly Cash Flow | $(960) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,865 |
| Total Monthly Debt Service | $2,647 |
| DSCR Ratio | 0.70x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2002
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57451, Ipswich, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,159 (100%) |
| Owner Occupied HU | 729 (62.9%) |
| Renter Occupied HU | 189 (16.3%) |
| Vacant Housing Units | 241 (20.8%) |
| Median Home Value | $293,254 |
| Average Home Value | $376,571 |
Housing Distribution
Address Breakdown
Residential
625
Single Family
625
Multi-Family
0
Businesses
87
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
Single Family
Built in 2002
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57451, Ipswich, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,159 (100%) |
| Owner Occupied HU | 729 (62.9%) |
| Renter Occupied HU | 189 (16.3%) |
| Vacant Housing Units | 241 (20.8%) |
| Median Home Value | $293,254 |
| Average Home Value | $376,571 |
Housing Distribution
Address Breakdown
Residential
625
Single Family
625
Multi-Family
0
Businesses
87
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Breanne Davis • Century 21 Northern Advantage
Mls Name: Aberdeen MLS
Mls ID: #26-32