1903 Iona StFort PierreSD57532
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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 Fort Pierre at 1903 Iona St, Fort Pierre, SD, 57532 with 5% annual appreciation on a $450,000 basis while $1,956/mo rent supports operations. 76% in year one. Equity gained on principal adds $2,904/yr, and five-year appreciation sums $124,327 alongside rental yield of 5.22%. Five-year ROI measures 64.7% and total cumulative return in cash totals $96,510. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,956/mo property income versus a $2,203/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57532, Fort Pierre, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,453 (100%) |
| Owner Occupied HU | 1,020 (70.2%) |
| Renter Occupied HU | 244 (16.8%) |
| Vacant Housing Units | 189 (13.0%) |
| Median Home Value | $272,222 |
| Average Home Value | $329,140 |
Housing Distribution
Address Breakdown
Residential
1,100
Single Family
958
Multi-Family
142
Businesses
168
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Listed by: Morgan Finley • Lee Real Estate
Mls Name: Central South Dakota BOR
Mls ID: #25-195