18469 465th AveCastlewoodSD57223
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow18469 465th Ave, Castlewood, SD, 57223 in Castlewood is a top-tier cash-flow asset. At $420,000 it produces $4,313/mo in rent and $1,659/mo in net monthly income, a 12.32% gross rental yield. The DSCR of 2.28 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $19,903. Five-year appreciation adds $116,038, driving a total cumulative return of $266,233.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.3% | 6.2% |
| Monthly Cash Flow | $1,659 | $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 | $4,313 |
| Total Monthly Debt Service | $2,487 |
| DSCR Ratio | 1.73x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 2001
4.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57223, Castlewood, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 597 (100%) |
| Owner Occupied HU | 441 (73.9%) |
| Renter Occupied HU | 103 (17.3%) |
| Vacant Housing Units | 53 ( 8.9%) |
| Median Home Value | $256,325 |
| Average Home Value | $315,743 |
Housing Distribution
Address Breakdown
Residential
410
Single Family
410
Multi-Family
0
Businesses
43
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 2001
4.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57223, Castlewood, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 597 (100%) |
| Owner Occupied HU | 441 (73.9%) |
| Renter Occupied HU | 103 (17.3%) |
| Vacant Housing Units | 53 ( 8.9%) |
| Median Home Value | $256,325 |
| Average Home Value | $315,743 |
Housing Distribution
Address Breakdown
Residential
410
Single Family
410
Multi-Family
0
Businesses
43
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MELODY KERKVLIET • REAL ESTATE PROFESSIONALS
Mls Name: Northeast South Dakota BOR
Mls ID: #33-1887
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.