1905 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
Rental property for sale in Fort Pierre at 1905 Iona St, Fort Pierre, SD, 57532 priced at $450,000 converts $0/mo rent into after a $2,203/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -2.97% in year one, and rental yield reads 0% against a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation compiles into $124,327 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $2,203/mo payment, not borrower’s personal income.
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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Morgan Finley • Lee Real Estate
Mls Name: Central South Dakota BOR
Mls ID: #25-197