17th Ave SWWatertownSD57201
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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 Watertown at 17th Ave SW, Watertown, SD, 57201 at $399,000 posts ROI 16.63% with from $2,160/mo rent. Total monthly income equals $2,160/mo. Return on cash invested measures 16.63% and rental yield reads 6.5% at the current $399,000. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 by year five. Five-year ROI prints 85.45% and total cumulative return in cash totals $113,018. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,160/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57201, Watertown, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,815 (100%) |
| Owner Occupied HU | 7,500 (58.5%) |
| Renter Occupied HU | 4,115 (32.1%) |
| Vacant Housing Units | 1,200 ( 9.4%) |
| Median Home Value | $259,317 |
| Average Home Value | $291,875 |
Housing Distribution
Address Breakdown
Residential
12,495
Single Family
11,112
Multi-Family
1,383
Businesses
1,502
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Listed by: Jason Goette • SoDak Realty, LLC
Mls Name: Northeast South Dakota BOR
Mls ID: #41-18
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.