159 Ridgeview DrTaborSD57063
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 Tabor at 159 Ridgeview Dr, Tabor, SD, 57063 offers a 10.14% rental yield on a $375,000 purchase with $3,168/mo rent. Total monthly income registers $3,168/mo, and a $1,835/mo payment leaves $799/mo available for distribution. Annual cash flow reaches $9,583/yr on $124,313 to close, and return on cash invested stands at 27.62% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 144.35% and total cumulative return in cash at $179,451. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,168/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
2.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57063, Tabor, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 400 (100%) |
| Owner Occupied HU | 308 (77.0%) |
| Renter Occupied HU | 56 (14.0%) |
| Vacant Housing Units | 36 ( 9.0%) |
| Median Home Value | $207,143 |
| Average Home Value | $237,143 |
Housing Distribution
Address Breakdown
Residential
312
Single Family
301
Multi-Family
11
Businesses
26
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Listed by: Bridget Whitmire • Whitmire & Associates Realty & Property Management, LLC
Mls Name: Meridian AOR
Mls ID: #116729