1402 Jack Nicklaus DrElk PtSD57025
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 Elk Pt at 1402 Jack Nicklaus Dr, Elk Pt, SD, 57025 at $429,000 posts ROI 23.61% with $439/mo cash flow from $3,150/mo rent. Total monthly income equals $3,150/mo, and annual cash flow records $5,264/yr on $142,214 to close. Return on cash invested measures 23.61% and rental yield reads 8.81% at the current $429,000. Equity gained on principal adds $2,768/yr, and 5% annual appreciation supports $118,525 by year five. Five-year ROI prints 122.86% and total cumulative return in cash totals $174,721.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,150/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2019
9,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57025, Elk Point, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,524 (100%) |
| Owner Occupied HU | 1,083 (71.1%) |
| Renter Occupied HU | 337 (22.1%) |
| Vacant Housing Units | 104 ( 6.8%) |
| Median Home Value | $234,891 |
| Average Home Value | $248,998 |
Housing Distribution
Address Breakdown
Residential
905
Single Family
837
Multi-Family
68
Businesses
118
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Nearby investment properties with comparable prices
Listed by: Troy Donnelly • Herrity & Associates
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828102
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.